BPO. ACCOUNTING. DOUGLAS BAGWELL ACCOUNTING, LLC. An introduction to DB Accountants.

Transcription

1 db BPO. ACCOUNTING. An introduction to DB Accountants. DOUGLAS BAGWELL ACCOUNTING, LLC

2 BUSINESS PROCESS OUTSOURCING What s In It for Me? If you deprive yourself of outsourcing and your competitors do not, you re putting yourself out of business. Cost savings, expertise, and resources - you get a dedicated team of bookkeepers, accountants, and controllers at a fixed price. Access to proprietary technology platform or leverage your existing software. Access to dashboard software to augment your existing software reporting. Quality work - Increased peace of mind in the information you are relying on. Timeliness - Get the information you need to make decisions fast.

3 DOUGLAS BAGWELL ACCOUNTING PROVIDES Accurate and up-to-date books Advanced reports to help drive good business decisions No more staffing pain at 40% reduced cost Better controls to reduce fraud Fixed fee arrangements, so you don t have to worry about being nickel and dimed We provide fast, efficient, and effective resources for your business. We are not only an integral part of your team, we are first and foremost an advocate for your success. You choose how we can best help your business by deciding how many activities you want to perform internally and which tasks you want to outsource to us.

4 SERVICES Our Services The great thing about the our Business Process Outsourcing is the seamless process of our service. The flow of information and levels of communication are first rate. It s like having your own accounting department without the headaches. Accounts Receivable We will invoice, track receivables, oversee collections, make deposits, review and prepare reports, record daily sales, and reconcile with POS systems. Accounts Payable Bills can come directly to us or you can scan and upload them, or mail them to us. We enter and link each bill in the accounting software. You review the entries, then we pay the bill. Banking and Credit Card Account Reconciliation Our staff will download and record bank and credit card transactions and reconcile all accounts. We review for write-offs and prepare reports. Financial Reporting and Monthly Closing Process We prepare all your financial reports (weekly, monthly, and quarterly) and compile advanced specific reports for your industry and business. We provide monthly insight to your process and meet monthly to explain the numbers. Automate Your Billing and Expenses We will set up an accounting system to automatically bill recurring charges and capture recurring expenses automatically.

5 Outsource Accounting Services pricing is based upon the types of services you select and the number of transactions performed. Business Fraud Prevention and Internal Control Services We implement procedures to minimize fraud risk. We compare and analyze cancelled checks, review audit trail reports, lockdown prior periods and watch for warning signs. Dedicated Financial Team Your company is assigned a team of bookkeepers, accountants, and controllers who know your business and are on-call when you need them. Business Cash Management and Budgeting We provide the budgeting and cash flow tools and analysis to keep you in the know regarding your business s cash flow. Payroll Outsourcing and Processing Our expert accounting staff sets up employees, enters time sheets, processes employee payroll, allocates labor cost by job or client, pays payroll taxes, and uploads 3rd party payroll reports. Sales & Payroll Tax Reporting We calculate and pay sales and use taxes, calculate and pay payroll taxes, prepare and distribute year-end payroll forms (W-2, 940, etc.), prepare and distribute 1099 s, prepare year-end reports for CPA s and auditors.

6 HOW IT WORKS Send us your Documents and Data We Do the Work You Receive Your Financial Statement to help you grow your business How Outsourcing Accounting Services Work Based on the unique needs of your business, we assign a dedicated team of bookkeepers, accountants and a controller to your business. Your accounting services team will be dedicated to YOUR business you ll work with the same team each week. As part of our bookkeeping process, our experts will evaluate your current accounting system and set up the appropriate accounting software platform on our secure servers. We will automate and integrate your other financial systems including, banking and credit cards, and develop a process and procedures manual defining every task to be performed.

7 ACCOUNTING & TAX ACCOUNTING SERVICE We can bundle accounting services in the following ways, or further tailor services specifically to your needs, even as they change over time. In all cases, we will tailor our services to fit your business unique needs. TAX PREPARATION Individual, Corporate, Partnerships, Estates & Trust and E-Filing BUSINESS FORMATION Start-up Consulting, All associated paperwork FINANCIAL PREPARATION Monthly Bookkeeping & Accounting, Bank Reconciliation, Sales Tax, After-the-Fact Payroll Compliance, Preparation & Filing of 1099 s ACCOUNTS PAYABLE & RECEIVABLE Bill Pay, Invoices PAYROLL SERVICES Preparation of Employee Payroll, Direct Deposit, Live Checks, Preparation & Filing, Monthly & Quarterly Payroll Tax Returns, Year-end Tax Reporting (W-2 s), Multi-State Compliance, and Garnishment Compliance

8 DOUGLAS BAGWELL ACCOUNTING GROUP DB ACCOUNTANTS 2200 East Sunshine Suite 324 Springfield, MO Phone (417) Toll Free (888) Fax (417) Web DBABPO Copyright Douglas Bagwell Accounting LLC, Subsidiary of DouglasBagwell Corp.