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Outsource Your Accounting and Bookkeeping
Using an Evans & Woulfe for your accounting and bookkeeping makes sense for small business.
If you are a startup or a more established small business, as your company continues to grow and develop, the scope and volume of your financial tasks are certainly going to be expanding over time. Your increasing need to manage your cash flow and stay on top of accounts receivable and accounts payable also means that you’ll need additional bookkeeping support.
When you are starting up a new business, it may make more sense to have a trusted third party manage your accounting and bookkeeping for you. You would not have to hire an underutilized staff accountant, including the additional overhead, or have a “non-financial” employee handle your books, who may be inefficient or error prone. You would spend less of your valuable time on the important task of tracking your financial results, and in the end, it is more cost effective.
If you have been in business for a few years, in the earliest days of your business, you may have been able to handle your books on your own, or maybe with the help of a family member. But eventually the responsibility begins to distract you from the core mission of your business. It becomes the more prudent choice to have a skilled professional work on these crucial functions.
Today it is becoming more common to outsource accounting services, including accounting, payroll, accounts payable and accounts receivable. Things like profit & loss reports, budgets, forecasts, cost analysis, employee overhead and tax obligations must be accurately prepared and available when you need them.
Is your current work process for bookkeeping and accounting allowing you to grow your business or even cost effective? You owe it to yourself, your business associates and your customers to explore another approach. Call Evans & Woulfe today for a quote.
Our accounting and bookkeeping services that are available include:
- Daily General ledger maintenance
- Accounts payable (bills and payments)
- Accounts receivable (invoices and collection)
- Payroll processing
- Expense classification
- Sales commissions
- Sales and use tax filing
- Bank account reconciliation
- Credit card reconciliation
- Profit & Loss generation and review
- Balance sheet generation and review
- Custom financial statements & reporting
- 1099 filing and processing