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.
Completely virtual accounting services available.

  Accounting Services (completed using Quickbooks ® Premier Accounting)

 Bill Payments

·         Preparation of checks for signature

·         Expense tracking

·         Monitor checking account balance

Virtual Services

·         Remote QB Hosting allows client and bookkeeping simultaneous access to Quickbooks ®

·         Remote document management allows client to provide scanned documents

·         QBFile attachment allows source documents to be attached to transactions in Quickbooks ®

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 to segregate large groups of vendors

·         Item type – used to track individual sales categories (inventory and services)

o   Each item is named (i.e., Speaking Engagements)

o   Each item is associated with its corresponding Income and/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

·         Direct deposit and secure pay stub transmission

·         Tracking of vacation, sick, etc.

·         Federal and State payroll tax filings and year end W-2’s and 1099’s

System setup

·         Needs analysis

·         Quickbooks ® company setup

·         Enter historical data

·         Establish routine memorized reports

·         Staff training