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Here at Xcel Business Solutions we understand that sometimes the backlog of Accounting paperwork can sometimes get in the way of your core mission. Yet, it is inevitably one of the most essential components to the sustainability of your business. We believe it is important for you to choose a company that understands the significance of keeping all of your financial records current and most importantly accurate. Here are some of the ways we can help you:

AFFORDABLE SOLUTIONS

WHAT WE OFFER

WORKFLOW PROCESS IMPROVEMENT

  • Recording daily financial transactions

       a) Creating Estimates and/or Sales Orders
       b) Creating Invoices
       c) Creating Purchase Orders
       d) Receiving Inventory
       e) Making Inventory Adjustments
       g) Recording daily deposits, debits or credits into banking/check register

  • Maintain accurate general ledger accounts

  • Maintain comprehensive recordkeeping for use by owners, stakeholders, external auditors

ACCOUNTS PAYABLE MANAGEMENT

  • Timely recording of all vendor invoices into Accounting system (Accounts Payable)

  • Issuance of payments by preferred method (printing the checks or e-pay/electronic payment) to vendors

  • Preparing and distribution of timesheets for employees

  • Preparing and processing payroll checks

MERCHANT BANK RECONCILIATIONS

  • Recording all bank transactions and reconciling all business bank accounts

  • Recording credit card transactions and reconciling credit card account to statement

AD-HOC REPORTING

  • Creating or Querying Custom Reports: (profit & loss, balance sheet, income statements, AR/AP aging reports, budget/cash flow analysis

  • Consulting Standard Financial Reports

CUSTOMER AND VENDOR MANAGEMENT

  • Update customer information within Accounting database as needed

  • Update vendor information within Accounting database as needed

COLLECTIONS

  • Daily, weekly or monthly follow-up on all outstanding balances owed (distribution of past due statements, follow-up emails and/or phone calls)

  • Provide detailed status updates to clients regarding AR balances.

TRAINING / CONSULTING

  • Quickbooks 101 Training: 2 Day Training with certified Quickbooks coach. Training will include basic set up for business: how to create company within Quickbooks, establishing standard general ledger accounts, creating new customer/vendor, entering basic sales transactions, receiving payments, banking, querying reports, month end reconciliation.

OFFICE MANAGEMENT

  • New Hire On-boarding

  • Proposal preparation for grants and/or government contracts

  • Organizing company events to include company events, meetings or conferences 

  • Preparation of company correspondence: memos, letters, and standard operating procedures

ARE WE A GOOD FIT?

WE SHOULD WORK TOGETHER IF…
 

  1. You're tired of doing your own bookkeeping

  2. You need an Accountant that is accessible and affordable

  3. You’re ready to take your business to the next level

  4. You’re just outright awesome :)

WE SHOULD NOT WORK TOGETHER IF

​

  1. You’re indecisive about the services you need for your business 

  2. You are not ready to outsource your Accounting and Bookkeeping needs

  3. You’re not ready to embrace change and growth

  4. You have not embraced your “awesomeness”

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