Turnkey Accounting
For clients who need a complete accounting solution, our outsource services eliminate the need for a CFO, controller, and bookkeeper, as well as their salaries, benefits and related overhead.
Our outsource solution is designed to provide you with a turnkey accounting department and minimize or eliminate your involvement in the government audit process.
This solution includes all of the services included in our Phase II CFO Solution and additionally offers:
- Payment of your bills twice a month (ready for your electronic or manual signature)
- Coordination of payroll and payroll tax reporting
- Preparation of all billings and collections including Forms 1034/1035, WAWF billings; and Payment Management System drawdowns.
- Cash flow management and bank relationship oversight
- Coordination of employee retirement benefit reporting
- Response to all customer financial reporting requirements and inquiries including Financial Status Report (FSR) and preparation of your FFR reporting requirements
- Bank account reconciliation
- Customized management reporting, as you request
- Suggestions about how to structure transactions in the most tax-favorable manner
- Proactively help you manage project spending
- Monitor and help you manage your indirect rates and alert you if we see structural changes to your plan.