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Home » Virtual Accounting Department

Virtual Accounting Department

Does any of this sound familiar:  Have you been putting off your bookkeeping?  Do you have a love/hate, or just a hate/hate, relationship with QuickBooks, Peachtree, etc?  Do you need the flexibility of anytime-anywhere access?

Stop it!  Stop putting off your bookkeeping.  Stop dealing with software you hate just because you think that you “have to”.  Stop settling for less that what your business needs dictate.  AND get your own slice of a virtual accounting team with our VIRTUAL ACCOUNTING DEPARTMENT SOLUTION.

Here’s how our accounting team helps you:

  • Get Past The Fear of Hiring Staff  - instead of hiring one person for few hours a day or week, hire an entire department without the worry of overhead costs such as salaries, employment taxes, benefits, office space, and IT
  • Stop Doing Non-Core Activities -  stop doing the bookkeeping yourself and get back to what you started your business to do…
  • Reduce the Drama – advertising, recruiting, interviewing, hiring, training and managing all the personalities can be – well, dramatic!
  • Get More Bang For Your Buck By Working With Experts & Seasoned Professionals - share professionals with other small businesses by hiring a professional services firm.

Common Cents has an integrated a system of cloud computing tools to automate your bookkeeping and accounting tasks – combining the synergy of team dynamics, the power of the internet and hosting solutions.

With your Virtual Accounting Department, services include:

  • WEEKLY Accounts Receivable ManagementAR Management includes: setup and maintenance of customer lists; enter estimates & invoices; send invoices to your customers (via email or mail); record customer payments; prepare and send outstanding balance statements (via email or mail) and Accounts Payable ManagementAP Management includes: setup and maintain vendor lists; enter purchase orders and bills; select and process bill payments; record offline vendor, payments, & debit card transactions; record individual credit card purchase transactions
  • WEEKLY Management and Reconciliation of Bank and Credit Card AccountsCash Management: retrieve online bank & credit card statements; recording transactions; reconciliation of accounts
  • Payroll Processing & Employee Expense Reimbursement ManagementPayroll Processing: record & breakout payroll fees & taxes; monitor & update employee records; prepare & transmit payroll processing information; review and manage employee reimbursements (frequencyfrequency can be: weekly, biweekly, bimonthly or monthly based on your needs)
  • MONTHLY Financial Statement Report Preparation & Review Conference Call – one on one time to answer your questionsFinancial Statements include: Balance sheet, Income Statement (by Month, YTD, Budget vs Actual), Cash Flow Statement, General Ledger, Accounts Receivable Aging, Accounts Payable Aging, Back Reconciliation Report, Credit Card Reconciliation Report Merchant Account Reconciliation
  • Searchable Document Storage & Management System
  • Data Backup (Disaster Recovery System)
  • Smart automation & Systems documented into a ‘best practices” style manual
  • Fixed Rate Pricing
  • includes Virtual CFO Solution (complete consulting services)

The Virtual Accounting Department Solution is our all-inclusive accounting service offering.  It is ideal for small and growing businesses looking for a more cost-effective alternative to in-house staff…

Reservations for The Virtual Accounting Department Solution start from:  $297 per week***

Have Questions????  Let’s have a chat!  Request a no-obligation quote.

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***A Few Disclaimers -

(1) pricing is customized to match the needs of the each individual client so the quote is a little lengthy…it will take you about 3-5 minutes to complete,

(2) to protect both of us, a mutual non-disclosure agreement is required (be assured that your financial information, processes, etc will never be disclosed; in exchange we request that you not disclose our policies, procedures, and software mix), 

(3) you’ll need to send us a copy of your accounting file to review.

Other Available Services:

  • Tax Preparation
  • Year End File Preparation & Write-Up
  • Software Training

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Big businesses are hereby put on notice... they are not the only ones that can have fun! It's time to rock the status quo off its perch. Solopreneurs & small businesses do not have to suffer in silence. I believe you deserve better...

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