About This Service
Management of clients' finance and accounting system;
Financial statement preparation (write-ups);
Transaction processing, bill payment, processing of AP, AR, and bookkeeping;
Payroll and payroll compliance;
Periodic tax payments/compliance (sales tax, etc.);
Outsourced CFO and controller services, which entail ongoing, higher-level services to review financial performance and provide input on strategies to improve business.
What seller need from the Buyer to get started?
The buyer should have a proper documentation system in place which will allow for accurate bookkeeping.
The buyer should provide the requested information and documents timely.
For CFO services, access to historical data should be given.
Ideally, the Buyer should be using a cloud accounting software such as Quickbooks Online or Xero. Cloud accounting software are more efficient and even safer than traditional software. Benefits of cloud accounting can be found here: https://www.xero.com/ca/resources/small-business-guides/cloud-accounting/cloud-accounting-business/