Bookkeeping Services

Bookkeeping Services

Hiring an accountant can be challenging for many startups, small businesses, and entrepreneurs. Specifically, if they have the expertise and skills to make financial statements for their company, analyze financial data, manage bank accounts, and generate incoming bills. However, many view outsourcing as an extra, needless expense for their company. It is not the correct impression. In actuality, the reverse is true. Orion IT Services’ bookkeeping outsourcing services are ideal for you due to the following reasons:

Our clients who are outsourcing accounting are eager to cut costs while, most importantly, maintaining quality. Given that most businesses can offer their services at cheaper pricing, outsourcing frequently results in significant savings (typically due to lower labor costs at their location).

You will notice that as your business grows, you will spend considerable time scaling it and more time monitoring your cash. So outsourcing office work, such as bookkeeping and accounting, will allow you to concentrate your time, effort, and resources on formulating business plans for your company with Orion. This will not only improvise networking and customer relationship, but it will also increase revenue generation.
As time and expenses are inversely correlated in operations like hiring procedures, we will assist you in shortening the duration of the process and how the potential savings of outsourcing corporate procedures must be considered.
Our accounting service providers can rapidly increase your services without experiencing any lag. We provide bookkeeping and accounting services that are invoiced at hourly rates. It implies that you can adjust the hours up or down without any interruptions.
Our accounting automation will reduce human error. In addition, our automated software sends real-time reports to accountants. They assist in recognizing potential problems and rapidly resolving them. Further, it will lessen the likelihood of internal fraud. Save time and, most crucially, cut risks with Orion.

Our accounting services at Orion are tailored to your specific requirements. Unlike the majority of our rivals, we are fully aware of the distinctions between bookkeepers and accountants and can thus customize our services to meet the needs of your business. We have a wide spectrum of skills, so you may put up a package that perfectly suits your company’s needs. For the following, we offer bookkeeping services:

Accounting and Bookkeeping for the Banking Industry and Real Estate
Resources for CPA firms’ bookkeeping
Services for Small Businesses with Bookkeeping
Solutions for Large Corporations’ Bookkeeping

In addition to all of the regular services, we also provide customers with customized reports so they may more thoroughly examine their income and outgoing costs. The following is a list of additional services offered: We provide personalized reports to assist you in analyzing your income and outgoing costs. Evaluation: Assess your most profitable and least profitable clients using custom reports. Employee Reports: With year-end reports, assess employee spending. Expenditure breakdown: List your spending by category. This report provides you with an Accurate review: Analyze your costs, whether it be by product line, office, or location. Event Assessment: Estimate your expenses for certain occurrences

REAL ESTATE

Just to be a top real estate bookkeeping business, we do everything possible to prevent your spending from going over your income. Using Sage 300, Buildium, Xero, and Realtyzam, we evaluate ledgers, track monthly milestones met by particular jobs, improve tax preparedness, manage daily transaction spreadsheets, and safeguard your credit score. Why then wait? today outsource your real estate bookkeeping needs! Property managers and real estate agents can benefit from the professional bookkeeping and financial planning services provided by our team of accountants and financial specialists. We can assist you with both simple jobs and more difficult ones, such as advice on forecasts and strategy. The following are some of the main bookkeeping services we provide for the real estate industry:

Property Accounts Service Receivables.
Real Estate Accounts Payable Services.
Bank and credit card reconciling.
Financial Reports for Real Estate.
Performing payroll.
Prepare taxes.

FOR CPA FIRMS

If your company is a CPA business, you are aware of how challenging it is to sustain bookkeeping processes given the administrative costs involved. You can save money by outsourcing bookkeeping while also having extra time to devote to your company. In functional departments such as federal tax processing, write-up operations, sales and use tax prep, income tax preparation, accounting services, and financial statement preparation, Orion has been offering CPA bookkeeping services. We might serve as your fictitious back office. We can satisfy some or all of your bookkeeping needs at prices that are nearly half those of your local market. We offer the following bookkeeping services to CPA accounting companies and CPA accountants:

Writing services for CPAs.
CPA services for federal and income tax planning.
preparing financial statements for clients.
Solutions for general bookkeeping for CPA businesses
preparing sales and use taxes by a CPA.
Accounting services by CPAs

SERVICES FOR LARGE ENTERPRISES IN ACCOUNTING:

For major organizations, we perform the following general accounting back-office functions: Services for large corporations in accounts payable– Our large corporate accounts payable services team can handle all of your back office transaction needs, such as receipt problems and invoice administration. Services for large corporations’ general ledger– Our services for financial data entry, manual journal entry, daily ledger entry, financial report creation, and bank reconciliation will make your auditing simple and hassle-free. Services for large corporations’ accounts receivable- With our large corporations’ accounts receivable services, you can get the right picture of your cash flow. Management of cash flow in large corporations- Receive precise petty cash management, voucher entry, and liquidity status reporting. Additionally, use our lockbox services to organize your receipts.

SMALL BUSINESS BOOKKEEPING SERVICES-

We Provide Small Business Bookkeeping Services at Orion IT Services. We are a well-known provider of small business bookkeeping services and the categories we include are:

Our Accounting Services for Small Business

By using a virtual accountant from Outsource2india, you may maintain the efficiency of your bookkeeping procedures without incurring the additional expenses of employing and maintaining an accountant internally. We have experience and knowledge working with small business accounting functions. We use cutting-edge accounting programs of the current generation. Your company has a choice in the software it uses, and we’ll catch you up on that.

Services for preparing financial statements

Maintaining financial statements is essential for small firms. They are required under the companies act and demonstrate the stability of the business. You can avoid this time-consuming task by outsourcing financial statement creation, giving you more time to expand your company. Profit/loss accounts, cash flow statements, trial balances, financial statements, and balance sheet analysis are all included in our financial statement preparation services.

Cleanup of the Accounts

Keeping a proper book of accounts is crucial for small businesses because it allows them to monitor their costs and cash flow. It takes skill and speed to maintain an error-free bookkeeping operation, particularly during the tax and financial year-end periods. Our account cleanup services involve adding up account items with genuine outgoings and incomings, categorizing them appropriately, and eliminating any erroneous transactions.

Services of Bookkeeping for Small Businesses

The majority of business owners launch their small enterprises out of a passion for the good or service they are offering; bookkeeping is sometimes viewed as an inconvenience that must be endured to stay in operation. We may take on all the arduous job of maintaining your bookkeeping operations, relieving you of this burden. We are capable of handling everything from straightforward ledger management to payroll processing, tax preparation, bank reconciliations, and the creation of statements of cash flow.

Services for Receivables

To make sure you get paid on time and that individuals whose payments are overdue receive timely reminders, our team of seasoned finance and accounting specialists will thoroughly review all of your accounts receivable entries. We’ll increase your cash flow while assisting you in lowering operating costs.

Bookkeeping Services