Daily Bookkeeping Services

Your OSI full-charge bookkeeper handles all your daily accounting needs: invoices and statements, accounts payable, cash receipts and disbursements, payroll, bank reconciliations and recurring reports. Your bookkeeper will be in contact with you daily by Instant Messenger, email or phone with any questions or concerns.

Bookkeeping Functions Performed Daily:

• Record Vendor Invoices
• Reconcile Vendor Statements
• Record Vendor, Debit Card Transactions, Pay Pal & EFT Payments
• Record Purchase Orders (PO) Prepared By Client
• Process Manual Checks Issued As Needed For Emergencies
• Record Sales Invoices
• Email/Mail Customer Invoices And Statements
• Record C0ustomer Payments
• Track Customer Under Or Over Payments

Bookkeeping Functions Performed Weekly

• Provide Signature Ready Checks And/Or Set Up Online Bill Payments
• Weekly Accounts Payable Aging Report
• Weekly Accounts Receivable Aging Report
• Record Payroll
• Break Out Payroll/Payroll fees/ Payroll Taxes
• Employee Activity – Update Employees Records
• Prepare Spreadsheet For Payroll Processing And Transmit To Your Payroll Company
• Track Employee Advances

Bookkeeping Functions Performed Monthly:

• Prepare Bank Account Reconciliation
• Record Individual Credit Card Purchase Transactions
• Prepare Credit Card Reconciliation
• Reconciliation Payroll Plans (Cafeteria, Disability Insurance, HRA, Simple IRA, Vacation)
• Maintain Vendor W-9 Information
• Create Collections Process
• Process Use Tax
• Prepare Sales Tax Return

Monthly Reporting:

• Balance Sheet
• Profit and Loss Statement – Month
• Profit and Loss Statement – Year-to-Date
• Cash Flow Statement
• Accounts Receivable Aging
• Accounts Payable Aging
• General Ledger
• Bank Reconciliation Report
• Credit Card Reconciliation Report
• 3 custom QB reports

Additional Services:

• Monthly or Quarterly Telephone Consultation to Review Financials
• Budgeting
• Forecast
• Sales Tax Reporting
• Tax Preparation
• Tax Planning
• Estimated Tax Payments
• Virtual File Room
• Financial Dashboard