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 Virtual Accounting Department


VIRTUAL ACCOUNTING DEPARTMENT
The most fundamental characteristic of success for a service business is focus. However, the daily activities required to run a service business easily can break one’s focus. B&A’s Virtual Accounting Department liberates professional service providers from the responsibilities of daily accounting functions so they can concentrate on their core competencies and build their businesses.

VIRTUAL ACCOUNTING SERVICES
Our accounting experts provide all of the requisite accounting processes and skillfully handle any challenges or problems that arise. B&A’s clients rest assured that all of their accounting functions are fulfilled accurately and in a timely fashion:
  • Daily, weekly and monthly cash and bank transactions
  • Accounts receivable management functions
  • Accounts payable maintenance and reconciliation
  • Payroll processing, recording and tax functions
  • Financial statement preparation and analysis
  • Preparation of tax reports
  • Budgets and financial planning
Our services do not stop at the financial report – we are pleased to help our clients identify areas for improvement, establish near-term goals, maintain adherence to annual plans or suggest mid-year course corrections.

VIRTUAL ACCOUNTING PROCESS
The Virtual Accounting process is extremely simple, seamless and cost effective. We access your data electronically and perform all routine accounting functions, including:

  • Invoicing
  • Collections/deposits
  • Cash management
  • Bank reconciliation
  • Cost control
  • Accounts receivable aging/analysis
  • Accounts payable monitoring
  • Accounting entries/analysis
  • Margin improvement
  • Revenue enhancement

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