Flat-fee Bookkeeping for Professional Service Firms
Services Included in Every Subscription
- Posting and categorizing of transactions into Quickbooks Online (QBO)
- Reconciliation of all bank, credit card, and other financial accounts
- Reconciliation of payroll and benefit liability accounts
- Recording of payroll information into QBO
- Client invoice recording and categorization into QBO
- Budget update and entry
- Chart of accounts maintenance
- Liaison to CPA and other business advisors
Timely, Consistent Communication
- Weekly onboarding assistance
- Weekly bookkeeping updates and reports
- Month-end closings and reports by the 5th business day of the following month
Financial Reports for Practical Decision Making
- Weekly financial statements formatted in Microsoft Excel
- Monthly financial summary reports
- Monthly Firm Forecast™ business metrics and key trends
- Custom reporting tailored for law firms and professional service providers including…
- Budget Variance
- Work in Process
- Aged Accounts Receivables
- Cash Flow Forecasting
- Revenue per Associate
