CPA Outsourcing Services

Poleton Inc.
July 2019
poletoninc.com

CPA Outsourcing Services

As a CPA you are aware about challenges of delivering services to your clients with the help of experienced and skilled staff and juggling for maintaining staff in an affordable salary and after that focusing on main business activities. To overcome all these challenges we have solutions for everything. Our accounting and bookkeeping services for CPAs can be customized to fulfill your firm’s needs. Our role can easily change, as required.

BIGGEST BENEFITS OF OUR SERVICES

  • More than 50% cost saving to CPA firm
  • Availability of Experienced and skilled team 
  • Reducing stress of CPAs during tax season
  • CPA can focus on main business activity and be worry free about managing operations

CPA Outsourcing Services

Our bookkeeping services for CPA accountants & CPA accounting firms include –

We are specialized in handling your full or part of bookkeeping operations. We can take up a specific area of bookkeeping such as invoice processing, Entry of Transactions, Accrual Journals, Inventory Reconciliation & Adjustments, General Ledger, Assets / Equipment Ledgers, Accounts Payable and Receivable, Reconciliation of bank accounts, credit card statements and loan accounts, preparing financial reports, and much more. You can send us bank, credit card, or other statements as scanned images by email or have them uploaded to a FTP server. Our personnel will then download and enter them in the software that you have chosen and send them back to you.

Balance Sheet, Profit and Loss Account and Cash Flow Statement show how a business is doing at any period of time. Updating and maintaining financial statements is time-consuming. Our bookkeeping services include preparing financial statements. Qualified personnel takes care of minute nuances such as changes in finance and accounting standards to keep your financial statements crisp and up to date.

We do all payroll and payroll related compliances. Depending on your needs, we can customize the payroll services, while retaining control of other aspects, we perform following functions in payroll:

  • Running payroll and paying employee
  • Calculation of withholding like Federal Tax, State Income Tax, Social Security Tax, Medicare Tax (FUTA and SUTA or SUI) and NFL deduction, etc.
  • Depositing funds directly or issuing checks to employees
  • Making all types of tax payments within time
  • Filing quarterly and annual payroll returns.
  • Administering employee benefits, etc.

Our tax preparation services can relieve the burden of CPA firm of handling huge volume of returns and save your costs that you can invest into your business. We work with the latest accounting software and you can choose the software that your business uses for us to work on.
Leaving your sales and use tax returns outsourcing to us allows our sales tax compliance team to provide that crucial review to protect your business against unexpected audits, the threat of class-action lawsuits and other perils of poor sales and tax use reporting. And the sales and use tax help desk is available whenever you need it to answer any questions you may have before they turn into big problems.

CPA firms have found that outsourcing income tax preparation services can be cost-effective and can increase business volume of the firms multiple times. Our income tax preparation services cover individuals, partnerships and companies. We can interpret Profit and Loss statements and categorise every item in the tax forms.

As business grows, accounting becomes prime requirement to understand affairs and take decisions. By outsourcing accounting one can have a professional team maintain and update his accounts at a cost much lower than hiring staff locally. We work with various accounting software such as QuickBooks, Netsuite, Peachtree, Quicken, Sage, Xero and Intuit. As clients specify which software they want us to work with, accordingly we deploy the personnel based on the scale and complexity of the client’s requirement.

Write-up services serve as a strong foundation for any company’s financial process. An efficient write-up service keeps your accounting information transparent. Our write-up services include the input and maintenance of complete transactional information such as general ledger entries, accounts receivables and accounts reconciliation.

Business owners approach CPAs to take control of all their Finance and Accounting activities. In such case, CPAs have to have an experienced employee to look after all the controller work. We also have team who can work as Virtual Controller for the business on behalf of the CPA. Our Virtual Controller service helps businesses to navigate challenges effectively by providing professional advice, analysis and support to management in coordination with CPA.

Whatever the mind of man can conceive and believe, it can achieve


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