?Q. When should you outsource your accounting?
A. If you only need a part-time bookkeeper for your business and do not want to add another position to your staff, outsourcing this “part- time” need to R&D can be an excellent alternative. Or, perhaps you need the services of a part-time CFO to oversee the financial operations of your company or provide analysis of special financial projects. Our outsourced bookkeeping can be the solution you are looking for.
?Q. Why does it make sense to outsource your company’s bookkeeping/accounting functions?
A. Outsourcing a “back-office” function such as bookkeeping to R&D allows you to focus on the core of your business. So if your business needs a bookkeeper for only a few hours a week or just a few hours per month, you need highly trained individuals to give you an accurate, organized, consistent and cost-effective solution to the ongoing accounting needs of the business.
?Q. How does Outsourcing Work?
A. With R&D, your bookkeeping can’t get any easier! Just 3 easy steps:
You will prepare for pick up by a member of our staff or documents can be scanned and uploaded to our secure FTP site. We do the work while you operate your business.
We print & drop off your financial reports and printed checks or upload your documents as needed.
?Q. What software will I need?
A. None. Our office utilizes QuickBooks and several other accounting programs such as Quicken, Peachtree or Money Dance and will maintain your files at our office along with a daily off-site backup.
?Q. Will you work in my office?
A. Yes, R&D provides both onsite and remote bookkeeping and quickbooks services
?Q. What are the benefits?
A. Outsourcing with R&D gives your company access to a higher level of expertise than you normally could afford. R&D lets your company access the right amount of each level of talent needed throughout the year to effectively give you timely transaction processing and meaningful financial reporting and analysis. The savings puts your accounting department on our staff, not yours, keeping your overhead flexible and lean. As the owner, you can now focus on your core business, not your accounting department. Outsourced accounting services can result in improved efficiency, cost savings, access to financial information not available by in-house employees and an improvement in your ability to monitor your business. You maintain control over your cash. We provide the data, but you approve all invoices for payment and sign all checks.
?Q. What about income tax planning and preparation?
A. Because R&D is not a CPA firm, we do not provide income tax planning and preparation or perform audits. Those functions are typically performed by Certified Public Accountants. We view ourselves as an extension of our client’s business and act in that capacity to provide a foundation of accurate financial records.