Transactional accounting

Gain Real-Time Insights with Streamlined Transaction Processing

Accurate and timely transaction recording is the backbone of a healthy business. Messy bookkeeping can lead to cash flow problems, inaccurate financial statements, and even missed tax deductions. Our expert team takes care of your daily transactions, freeing you up to focus on running your business with real-time financial insights. We utilize best-in-class accounting software like QuickBooks along with market-leading interfaces to keep transactions current, providing you with critical insights and control of your business. Here’s how we can help:

Accounts payable processing

We drive the entire process – initial set up, including vendor set up, vendor file maintenance, creating an approval matrix, entering vendor bills, and processing payments for approved invoices.

Customer invoicing

Some invoicing is easily generated from purchase orders, shipments, or estimates. We will work with you to understand the process of generating an invoice and see how we can relieve some of the burdens from your team.

Fixed asset tracking

Our internal fixed asset software can manage thousands of individual assets with capitalization and depreciation calculations based on your policies. We can track both book and tax depreciation. We will proactively work with our tax team (or your tax provider) to ensure that we maximize your depreciation deductions within the confines of the law, accelerating the cash impact of your business investments wherever possible. Additionally, we will facilitate annual reviews to keep the records clean and record sales, scrap, or other disposals.

Lease tracking

We help you comply with ASC 842 lease accounting standards, including the implementation and tracking of leases to adhere to this standard where required for GAAP reporting for an audit, bank reporting, or other compliance.