SERVICES
TESTIMONIALS
“My CFO and I can focus on the ups and downs of fundraising and supporting the business without hiring full-time accountants. It’s hard to hire and keep good full-time people. I didn’t have enough time to coach and train my team, and for three years since working with KAB, I haven’t had to. The close goes smoothly, and we get our financial statements on time every month.”
Bookkeeping & Outsourced Accounting Services
Accurate and timely bookkeeping and outsourced accounting services to keep your finances in order. We manage your daily financial transactions and overall accounting processes so you can focus on growing your business. Our scalable solutions ensure you only pay for what you need, helping you manage costs effectively.
As CFOs, controllers, and head of finance of lean organizations, you don’t need to worry about hiring, training, and managing a full team. Get on-demand resources as needed without full-time hiring commitments until you are ready
Financial Reporting:
Detailed financial reports to give you a clear picture of your business’s financial health. Our consistent and reliable solutions help you stay compliant and make informed decisions based on accurate data.
OUR SERVICES
We operate with industry-leading SLAs, helping you close the books quickly and confidently
Back Office Admin Services
Monthly Reconciliations
Accounts Receivable Processing
Accounts Payable Processing
Custom Dashboards
General Ledger
Audit Support & Preparation
Tax Filing Support
Operational Support
General Bookkeeping
Reporting & Insights
KPIs
Monthly Close
Journal Entries
Cash Flow Reporting
Accounting Automation
More Service Details
1. Sales Receipts, Receivables, and Customers
- Set up customers
- Create and send customer invoices
- Code revenue transactions to appropriate accounts
- Record payment receipts
- Generate and send accounts receivable reports
- Follow up on outstanding AR invoices
2. Vendor Invoices, Payables, and Vendors
- Set up and onboard vendors including W-9
- Input vendor invoices
- Code vendor transactions to appropriate accounts
- Prepare vendor checks, ACH, or wires for payment
- Send vendor bills for payment approval
- Generate and send accounts payable reports
- File 1099 at the end of each year
3. Inventory
- Issue purchase orders
- Reconcile cost of sales GL accounts
- Reconcile inventory GL accounts
- Identify items invoiced not received at end of month/quarter
- Record inventory accruals
4. Credit Cards and Expense Reimbursements
- Prepare expense receipts
- Review expenditure account coding for proper classification and receipt
- Process expense reimbursements for payment
5. Debt
- Review expenditure account coding for proper classification and receipt
- Reconcile debt GL account
- Prepare debt covenant
6. Prepaids and Deposits
- Track new additions
- Track and reconcile prepayments
- Remove prepayments
7. Fixed Assets
- Track new additions
- Remove asset disposals
- Maintain fixed asset listing
- Calculate depreciation expense
8. Intangibles
- Track new additions
- Prepare and review monthly expense
- Maintain intangible listing
9. Equity
- Calculate stock-based compensation expense for stock option grants
- Record stock-based compensation expense
10. Reconcile Bank Accounts
- Review and record incoming receipts
- Reconcile all bank activities to supporting source documents
11. Consolidation
- Verify foreign exchange rates monthly
- Prepare consolidation
12. General Accounting Administration
- Maintain chart of accounts as needed
- Review and approve chart of accounts changes
- Update chart of accounts as needed
- Maintain an orderly accounting filing system
13. Prepare Financial Statements
- Record and reconcile accrued liabilities
- Reconcile balance sheet accounts
- Review the general ledger detail to verify transactions have been appropriately recorded and coded
- Record account reclassifications and update financial statements as necessary
- Prepare monthly, year-to-date, previous year to current year financial statements
- Review and approve reporting package
- Prepare other reporting package as needed
- Submit monthly reporting package
- Maintain a documented system of accounting policies and procedures
- Manage outsourced functions
- Maintain a system of controls over accounting transactions
14. Optional Services
- Gather support for corporate annual report
- Calculate and issue financial and operating metrics
- Provide data/reports for production of the annual budget and forecasts
- Coordinate information for payroll for payroll audits
- Coordinate information for tax filings
- Coordinate information to external auditors for the annual audit