| The task of cashflow management suits outsourcing well. This is how to lower your costs while securing a better control over your finances. You won't have any more cashflow surprises and can predict and counteract cash shortages, planning... |
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Cash Management and Cash Flow functions: Back office services for Long Island and New York
The result of such actions when performed continually and accurately can be rather special however. The 20% of actions within your business that produces 80% of its profits are mostly performed and/or instructed by YOU. Thus, the more time and energy you acquire to focus on those profit-producing activities, the bigger the benefits. And that's also the case with this Cash Management service, which aims at matching your incoming cash to your outgoing payments. Note that the
Cash Management service can be outsourced to us without any need
for you to even consider changing your accountant or CPA. Monitoring and managing cash flow
Monitoring your cash flow will keep you advised of requirements and resources continually, enabling you to DO something with existing cash or set the wheels in motion if there's a momentary shortage of funds. You'll be informed of your cash situation on daily basis, thus helping you to make decisions regarding purchases, investment, accounts payable and receivable and so on.
Matching incoming money to funds going out
This is really the thin line between accurate cash management and out-of-control spending (combined with sleepless nights of worry). Essentially it's just a matter of CONTROLLING these issues so each monetary decision you make is based on correct information and thus benefits your business activity best.
Preparing reports of funds coming in and needed to pay bills the near future
Additionally, you'll receive accurate account on expenditure and overheads so you know how much needs to be paid out during those same time frames. This also helps
to get by those bottlenecks when cash is scarce, because our
reports will help you to plan your actions and focus your attention
as you know exactly how much money you need to make on a week
by week basis.
Benefits you obtain by outsourcing cash management to Bookkeepers Plus Inc.
You can react quickly to cash shortages way before they materialize, going out with campaigns and special offers to match future income with expenditure. Outsourcing your cash management you will cut costs, increase the efficiency of cashflow management... and have fewer worries about cashflow and finances. Above all, you'll be able to concentrate on your core business, safe in the knowledge that your cash flow is being monitored and managed by an accounting professional and that any problems or positive trends will be found and reported to you well in advance of problems.
Contact Bookkeepers Plus Inc. to hear what we could do for you
Please remember that outsourcing this service to us does NOT require you to change your accountant or CPA. You can contact me directly or, if you're convinced that outsourcing might be the solution, use our quote form to receive an estimate of cost and benefits of outsourcing your back office functions over to us. Finally, if you have a specific problem with some part of your accounting or bookkeeping, why not give us a challenge and receive free advice on how we would solve the problem? Thank you for your interest, and please remember we offer a free Outsourcing Report to business owners in Long Island and New York.
Best wishes, Elizabeth Marasco,
MBA |
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| — Outsourcing articles & services — | |||||||||||||
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Outsourcing Report Subscribe to this free report on the benefits of outsourcing back office functions and you'll learn how to lower risks while concentrating more on those activities that produce profit! |
Comparing outsourcing with in-house solutions
Read which activities benefit from outsourcing and what to look out for in outsourced solutions. |
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Outsourced bookkeeping
If so, read this article about outsourcing your bookkeeping and what that can bring you in terms of benefits... |
Give Bookkeepers Plus a challenge! An easy way for business owners to get first-hand experience on our services. Give us a challenge and we'll tell you how we would solve it... free! Give us a challenge involving outsourcing of accounting services... |
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Learn how easily one can make mistake in the setup of QuickBooks — and how simple it is to fix these in your accounting software! Use an expert's help in training & support for your QuickBooks accounting software and procedures. |
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| Different functions of bookkeeping — read to see what you can benefit: | ||
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Billing & Accounts Receivable Explained in understandable form what is included in accounts receivable and what you need to look out for in this area. |
Accounts Payable & Cashflow / credit What functions are included and how do these influence your finances and credit rating — and how do you speed up the cashflow? Learn the importance of accuracy in accounts payable for your activity! |
Purchasing & Inventory -controlling cost Keeping accurate record on purchasing and inventory allows for optimizing of your stock and investment while minimizing downtime. Read what outsourcing the purchasing & inventory functions can benefit you! |
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Banking routines This area of bookkeeping frees up a lot of your time while ensuring your funds arrive promptly and securely. Read what benefits you receive by outsourcing the banking duties to an accounting professional. |
Cash Management How would you like to be free from constant worry and checking of your cashflow and receive some control and prediction to finances? How cash management can increase your financial control and prediction. |
Payroll outsourcing Calculating salaries is the most time-consuming of all activities. Outsourcing your payroll you gain accuracy at lower cost than handling it in-house. |
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Financial Management Reporting The absolute jewel of services, ensuring that you gradually gain full control over financial planning in your company. Management Reporting teaches you to plan finances hands-on with accuracy and profits! |
Project Accounting An essential service if you have larger jobs or projects coming up which you want to keep under tight financial control. Quality service giving greater financial control. Project Accounting - how to keep the budget and finances of any larger job or project under control! |
Taxes and preparing books for your CPA Why not save some 50% off this part of your accounting by letting our bookkeepers prepare taxes and books for your accountant / CPA? Save money and headaches by... ...outsourcing tax work and preparation of books for accountant's review. |
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Useful articles for LI business owners This page contains articles by Elizabeth Marasco on various subjects relating to taxation, finance, accounting, bookkeeping and other important issues. Read Elizabeth Marasco's articles on taxation and accounting in Long Island and New York |
Bookkeepers Plus Virtual Assistant Don't need a full-time secretary or can't afford one? Then the solution is the Bookkeepers Plus Virtual Assistant - you pay only for the work we performed at the quality requested! Bookkeepers Plus Virtual Assistant - secretarial work without the cost. |
Human Resources Outsource the tasks involved in Human Resources: Workers Comp, insurance, retirement plans, leave maintenance, recruitment, personnel policies, resolving disputes, etc. and save money and time! Human Resources support services: Workers Comp, Retirement Plans, Recruitment, disputes... |
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Other Credits and Collections actions These tasks are not very spectacular if done accurately and correct. But if you forget then many unnecessary problems can arise from... ...Petty Cash , Employee Reimbursements, Business Expenses, and Vehicle Mileage tracking |
Bookkeepers Plus Office Software Application Training Read how businesses throw away thousands of dollars monthly... and how you can make sure you don't... and secure it for free! Bookkeepers Plus Office Software Application Training & Consulting |
Sales Tax Keeping accurate record on your sales tax and filing in time is not exciting and thus it suits outsourcing well. Save money while avoiding all problems due to delays or mistakes... See the savings and benefits available from outsourcing your sales tax routines! |
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Getting the most out of your QuickBooks? Participate in this survey to find out! Want to see if you are receiving the true benefits from your QuickBooks software... or check if it could help you more than currently? Take this online survey on QuickBooks to find out... and receive a free initial phone consultation! |
About Bookkeepers Plus Inc. Introducing Bookeepers Plus Inc. — the outsourcing expert for businesses in Long Island NY. |
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Some functions that form
the concept of financial control and prediction aren't all that
spectacular in terms of what is being done.
Financial
control is all about accurate data on the present economic situation
of the company with which one then attempts budgetary prediction
and regulation.
Knowing
what you can invest, which bills to pay to optimize discounts
and wise utilization of your cash flow while keeping reserves.
This task
creates weekly reports so you will know exactly how much is coming
in within the next 30, 60, and 90 days.
You secure
a far better CONTROL and prediction over your finances.
Cash management
tasks are just one part of quality services which our back office
outsourcing solutions offer businesses in Long Island and New
York.
What
do you stand to GAIN by outsourcing select back office activities...
and how do you know which ones to outsource and which not? This
interesting article explains the pros and cons of outsourcing
and offers a make-sense tool for finding the activities whose
outsourcing brings the biggest profits and benefits.
Want
more accurate bookkeeping with timely delivery and without any
problems brought to you about it?