Growth Plan
We use a web-based app to manage the financial activity of a business. It is accessible via browser, tablet or mobile (iOS & Android).
How It Works:
- We record all financial activity weekly. Transactions are recorded via the bank feed on a cash-basis based on the posting date. Incoming amounts are recorded as income and outgoing amounts are recorded as expense.
- We reconcile up to six (6) bank, credit card, or liability accounts monthly.
- We review and close the accounting period monthly.
- You log in to access any financial reports needed.
- We schedule a monthly Controller Call with you to review your financial reports and any questions you may have.
Special Instructions:
- This service requires use of a participating bank.
- You invite us as a read-only user to your online bank account in order for us to access monthly bank statements and to establish and maintain the connection to QuickBooks Online (QBO).
- You are responsible for reviewing the categorization of the transactions we record and notifying us of the need for reclassification.
- Class, location and job tracking are not included in standard service packages. For more comprehensive accounting needs, we will design a concierge accounting service package for your business.
- Supporting documentation for financial activity should be submitted to us immediately so that it can be attached to the transaction when it clears the bank. We will not go back and attach this after the fact. Storing these documents electronically eliminates the need for paper management systems.
This service package includes access to your business’ financial activity via QuickBooks Online. We own and maintain this subscription.
