Services
Is Your “Small” Business Taking
Over Your Life? Let us help!
SOS takes care of Accounting and Administrative
needs, providing peace of mind for the Savvy
Entrepreneur
Customized Service
SOS’ most valuable service is helping you assess your needs regarding all aspects of financial and business management.
We understand that small businesses need flexible options, paying only for services as needed, rather than retaining a full-time staff.
Accounting Services (completed using QuickBooks® Premier Accounting Edition 2004, 2005 or 2006)
Bill Payments
- Preparation of checks for signature
- Expense tracking
- Monitor checking account balance
Invoice preparation
- Includes sending of second notices, phone calls (if necessary)
Budget tracking
- Furnish historical information
- Monthly Budget vs. Actual reports
Sales and marketing analysis
- Classes – can be used to track major segments of business
- Customer type – can be used to track source of lead
- Vendor type – can be used segregate large groups of vendors
- Item type – used to track individual sales categories (inventory and services)
(See attached explanation of Item Types)
- Each item is named (i.e., Speaking Engagements)
- Each item is associated with its corresponding Income or Expense account
Banking
- Make deposits
- Order checks
- Monitor balance(s)
- Preparation of credit applications
Monthly
- Bank Account Reconciliation
- Reconcile credit card statements
- Furnish monthly progress reports (as determined by client)
Quarterly
- Furnish quarterly progress reports (as determined by client)
Annually
- Provide year-end financial reports to tax preparer
- Fourth quarter review with client and tax preparer
- Furnish annual performance reports (as determined by client)
Payroll
- Includes Federal and State Payroll Tax Filings and Year End W-2’s & 1099’s
System setup
- Needs analysis
- QuickBooks® company setup
- Enter historical data
- Establish routine memorized reports
- Staff training
Administrative
System setup
- Needs analysis
- Define and test proposed procedure(s)
- Staff training
Database/Contact Management
- Using ACT! ®
- Phone lists
- Prospect reports
- Source tracking
Proofreading/editing of reports and documents
Proposal preparation
- Using Microsoft Word® and/or Excel®
Presentation assembly
- Microsoft Word®
- Microsoft PowerPoint®
- Microsoft Publisher®
Routine correspondence
- Letters of inquiry
- Collection letters