Transactional accounting

Our team of accounting specialists understands the need for timely and accurate transaction processing – your cash flow and income statement depend on it. We use market-leading interfaces with QuickBooks to keep transactions current to provide you with critical insight and control of your business. Specific transactional activities we manage for clients are listed below.

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

ASC 842 is effective for all entities this year and requires analysis and tracking of all leases. We can assist with implementing and tracking leases to adhere to this standard where required for GAAP reporting for an audit, bank reporting, or other compliance.

Services:

Transactional accounting

  • Accounts payable
  • Fixed asset and lease tracking

Corporate accounting support

  • Compliance
  • Controller and CFO services
  • Month end close
  • Process review and implementation
  • Reporting

General consulting

  • Cash to accrual or cash to GAAP conversions
  • Process implementation
  • System support, optimization, and implementation

Contact us

Calvetti Ferguson works with mid-market companies, private equity firms, and high net worth individuals across the country. Regardless of the complexity of the compliance, assurance, advisory or accounting need, our team stands ready to assist you. Please complete the form below, and we will follow up with you shortly.