Accounting Services Scope Guide

Purpose

This document outlines the services currently included within our Accounting Services offering. 

Our Accounting Services focus on maintaining accurate financial records, managing recurring accounting processes, and providing dependable financial reporting.

Included Services

Transaction Management

  • Bank feed transaction entry 
  • Credit card transaction entry 
  • Customer payment posting 
  • Bank deposit recording 
  • Document capture review 
  • Receipt and bill matching 

Accounts Receivable

  • Customer payment posting 
  • Unpaid invoice reporting 

Financial Record Maintenance

  • Bank reconciliations 
  • Credit card reconciliations 
  • Financial document organization 
  • Payroll journal entry recording 
  • Sales tax payment recording 
  • Year-end journal entries provided by client CPA 

Accounts Payable

  • Vendor bill entry 
  • Vendor payment processing 

Asset & Loan Accounting

  • Fixed asset purchase entries 
  • Fixed asset sale entries 
  • Depreciation entries (provided by client or CPA) 
  • Loan setup 
  • Loan payment allocation between principal and interest 

Tax & Filing Support

  • Sales tax return filing 
  • 1099 preparation 
  • W-9 collection and tracking

Financial Reporting

  • Monthly financial reports 
  • Budget versus actual reports 
  • Financial report delivery through client portal 

Specialized Accounting Projects

Quoted separately when required: 

  • Transaction cleanup and catch-up 
  • Payroll cleanup and catch-up 
  • Sales tax cleanup and catch-up 

Services Not Included 

The following services are not part of our current Accounting Services offering: 

  • Tax return preparation 
  • Tax planning 
  • Insurance reviews 
  • Compliance management 
  • Payroll tax filing oversight 
  • Business licensing management 
  • HR administration 
  • Employee benefits administration 
  • Business process consulting 
  • Cash flow strategy 
  • Budget creation 
  • Forecasting 
  • KPI development 
  • Financial strategy 
  • Capital sourcing 
  • Fractional CFO services 

Future Service Development

We are currently exploring future service offerings that may provide:

Financial Operations Support

Focused on improving financial processes, accountability, reporting oversight, and operational visibility.

Strategic Financial Guidance

Focused on forecasting, planning, growth initiatives, and executive-level financial leadership. 

These services are not currently available.

Questions About Scope

If you are unsure whether a service falls within the scope of your Accounting Services engagement, please contact our team for clarification.