Hi, my name is Josh Dennis and I’ve been a part of the accounting team here at Total Solutions. I have had the pleasure of helping our clients with all sorts of accounting functions since 2015. I have always enjoyed math and working with numbers, so it’s no surprise I ended up as an accountant. But I understand that a lot of people dread math, especially business owners who started their businesses because of a passion for a different area. This is why working at Total Solutions can be so rewarding, I get to do what I enjoy and help take that frustration from others, so here is a list of some of the accounting functions that can be outsourced.
Accounts Payable/Receivable
Accounts Payable (AP) is the amounts that are due to suppliers for goods and services that haven’t been paid for, and Accounts Receivable (AR) is the balance of money due to a business for goods and services that have been delivered or used but not paid for. An outsourced AP specialist will help with calculating, posting transactions, invoice processing, and verifying info.
Bookkeeping
Bookkeeping is the process of keeping track of every financial transaction that is made by a business. By outsourcing your bookkeeping, you can guarantee that books are always accurate and ensure accurate financial transactions at month-end.
Account Reconciliation
This is all about making sure two sets of records match and that the money that is leaving the account is actually being spent. Outsourcing this function will make sure all of your records match and the general ledger account balance is complete and accurate.
Accounting Software Selection
Accounting Softwares help you keep track of your accounts payable and expenses. As an accountant who works with different businesses I understand the benefits and downsides of a lot of different software and can help a business decide what’s the best one for them.
Total Solutions now has eight accounts who have experience in all sorts of different accounting areas. Let us handle the numbers and the math because we actually do enjoy it and we can help you decide what of your accounting functions can be outsourced.
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