BizSynk LLC © ALL RIGHTS RESERVED. 

Small Business Support and Services

Accounting Services

Account support service by Managing activities and report the status the account receivables, account payables, payroll, and quarterly financials to meet the account standards.

Benefits:

  • Lower Cost: Reduce your overhead and account services by providing
  • Better Insight: Know where your money is going and why
  • Building Confidence: Provide experience third party consolation to improve your performance and prosperity.


Account Management 

  • Maintain a documented system of accounting policies and procedures 
  • Manage outsourced functions 
  • Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives 
  • Oversee the accounting operations of subsidiary corporations, especially their control systems, transaction-processing operations, and policies and procedures. 


Transactions oversight 


  • Ensure that accounts payable are paid in a timely manner 
  • Ensure that all reasonable discounts are taken on accounts payable 
  • Ensure that accounts receivable are collected promptly 
  • Process payroll in a timely manner 
  • Ensure that periodic bank reconciliations are completed 
  • Ensure that required debt payments are made on a timely basis 
  • Maintain the chart of accounts 
  • Maintain an orderly accounting filing system 
  • Maintain a system of controls over accounting transactions 

Report Management

  • Issue timely and complete financial statements 
  • Coordinate the preparation of the corporate annual report 
  • Recommend benchmarks against which to measure the performance of company operations 
  • Calculate and issue financial and operating metrics 
  • Manage the production of the annual budget and forecasts 
  • Calculate variances from the budget and report significant issues to management 
  • Provide for a system of management cost reports 
  • Provide financial analysis as needed, in particular for capital investments, pricing decisions, and contract negotiations 


 Compliance Management

  • Coordinate the provision of information to external auditors for the annual audit 
  • Monitor debt levels and compliance with debt covenants 
  • Provide Guidance for local, state, and federal government reporting requirements and tax filings Type your paragraph here.