-Got an Incredible Amount of work overload, but there's no need to hire extra employee!!
-Got an overload of Bookkeeping Projects, But All Your Employees Have Their Hands Full?
-You and Your Team are Going to Work Over the Weekend, AGAIN!!
-Got a New Client with an Incredibly Amount of Data Processing, a Weekly Task that Will Take More Time than You Expected?
We know that each client is unique and equally important, we also know that some accounting processes are more tedious and time consuming than others. CDO will do the work overload of those accounting process for you, so that you and your team can focus more on your business (new clients=more income)
We look for long term relationships, so this gives you a way to evaluate our service.
FREQUENTLY ASKED QUESTIONS
WHAT TYPE OF BOOKKEEPING DO WE DO?
Depending on your needs we can offer you:
After the fact bookkeeping-Typically once a month services that are performed after the prior month has ended. This is also common if you haven’t done your bookkeeping in a while and need some clean up. You handle the day-to-day operations of your business. We work behind the scenes on the books recording the activity that has occurred on a schedule of your choosing. We reconcile, review and provide financial reports.
Full charge bookkeeping – Typically performed on a more frequent basis like once a week or daily. VBS handles the day-to-day bookkeeping operations your business. We work for you or with you, front and center managing AR/AP, paying bills on a schedule of your choosing. We reconcile, review and provide financial reports.
HOW DOES VIRTUAL BOOKKEEPING SERVICES WORK?
We perform the bookkeeping one of three ways:
1) QuickBooks Online
2) Cloud hosted platform or third party login like Logmein to use QuickBooks Desktop or Enterprise
3) Locally on our computer and send you back the file when complete.
Depending on the schedule that you choose for the books to be updated, we can perform the bookkeeping services daily, weekly, twice monthly, monthly, quarterly, and annually. Whenever our scheduled time occurs, the day before is the deadline to turn in documents that relate to the bookkeeping; bills, checks written, etc. During this update day, we will also perform any other tasks that may be due to process; online banking activity, payroll, paying bills, and reconciliations. We have many clients that don’t provide any documents, we can access the banking and credit card accounts online. This allows the bookkeeper to grab statements, look up check images, deposit details and be able to fill in a lot of the missing details without having to ask the client for all the information. If you don’t feel comfortable with that, we will rely on you to provide all the information. You should also check with your bank, many these days allow for view only access where we are assigned our own login.
HOW DO I GET MY DOCUMENTS TO YOU?
Dropbox is our preferred, we also use, Google Drive, OneDrive, email, snail mail. We can conform to any process that makes our clients’ life easier.
WHEN IS THE WORK PERFORMED? ON A SCHEDULE?
Yes, on a schedule to be determined. Daily, weekly, twice a month, monthly, quarterly and annually. We can customize to any schedule that you need.
HOW MUCH DOES IT COST?
Our base minimum rate starts at $299 per month. The frequency of the services performed, the level of activity and the complexity of the account increases the base price. Clean up jobs may be quoted at an hourly rate. Have two companies? We give discounts for multiple entities.
WHEN CAN I EXPECT MY FINANCIAL REPORTS EVERY MONTH?
Our goal date is the 15th of each month for the prior month closing. Situations that can delay this process are open items, documents and questions that are waiting to be received in order to finish up.
WHAT ACCOUNTING SOFTWARE DO WE WORK WITH?
We work with QuickBooks Pro, Premier, Enterprise and QuickBooks Online, QuickBooks for Mac and Xero.
WHAT FORMS OF PAYMENT DO YOU ACCEPT?
ACH, Wire transfer, Credit Card and Paypal. Note that credit cards and Paypal may carry a convenience fee. Prices quoted are cash prices.
DO YOU OFFER TAX SERVICES?
For the moment we do not do taxes or give tax advice.
WHEN ARE MY PAYMENTS DUE?
If you are a monthly recurring client, payment is due on the 1st of every month. If you have a special clean up project, a retainer is due to begin work and is generally charged on an hourly basis. If you would like to be charged weekly, it's OK with us :)