Outsourced Accounting & Bookkeeping
Outsourced accounting for small- to midsized-businesses (across the United States), run by C.P.A.s (California licensed). Clean books, a close that lands on time, and CFO-level decision-making support. We can wholly manage your accounting and finance needs, or (for larger, more complex organizations) support your in-house financial leadership.
Who this is for
Businesses in need of high-quality, low-cost accounting support.
There is a stage most Hawaii businesses reach where the books are technically being kept but nobody trusts them.
That is usually not a bookkeeping problem. It is a supervision problem — the person entering transactions has no experienced reviewer to guide them. We supply both: the day-to-day work and the professionally-trained oversight to review and ensure quality.
What is included
The monthly engagement
Scoped to what your business needs. Most clients require a combination of the following.
Monthly close
Transaction coding, bank and credit card reconciliations, and a close that finishes on a date you can plan around.
- Reconciliations across all accounts
- Accrual entries and cut-offs
- Fixed asset and depreciation schedules
- Close by an agreed calendar date
Financial statements
Profit and loss, balance sheet and cash flow, with a short written summary of what moved and why.
- Monthly statement package
- Comparison to prior period and budget
- Plain-language variance commentary
- Formats your lender will accept
Coordination with your advisors
We work alongside the people you already use rather than replacing them.
- Year-end package for your tax preparer
- General excise tax filing support
- Lender and bonding reporting
Transaction processing
The day-to-day work, handled so your team can stop doing it in the evenings.
- Accounts payable and vendor payments
- Invoicing and receivables follow-up
- Payroll coordination with your provider
- Expense and receipt management
Systems and cleanup
Getting from wherever you are now to a chart of accounts and a workflow that holds up.
- Historical cleanup and catch-up
- Chart of accounts restructuring
- QuickBooks setup and migration
- Documented monthly procedures
Fractional CFO
When the questions move past what happened to what to do next. Our involvement can be hands-on or peripheral (e.g. coaching).
- Forecasting, cash planning and preparation
- Targeted financial and management reporting
- Pricing, margin and other ad hoc analysis
- Board and lender presentations
- Capital structure and capital allocation decisions
A boundary worth stating
We do not provide tax or legal advice. We prepare the records your tax preparer works from and we coordinate closely with them, but the return is theirs. If you need a referral, we are glad to make one.
Engagement
How it works
A look at where you are
We review your current books and systems and tell you plainly what shape they are in and what it would take to get them right.
A fixed monthly fee
Quoted to the scope you choose, so you know the cost before you commit. Cleanup work, if needed, can be quoted separately as a one-time project.
A named person
You interface exclusively with expert Hawaii-based personnel. Our offshore team provides high-quality, low-cost back-end support. You receive unparalleled value.
Get in touch
Tell us what your books look like right now.
We have seen worse, and the first conversation costs nothing.