Services

B.A.’s offers a total backend solution for your A/P requirements. We provide centralized control and management of all aspects over payables. This results in direct process cost savings by eliminating the need for recruiting, hiring, training and managing clerical staff. Some A/P job tasks we perform are:

• Review and process invoices and check requests
• Prepare and process accounts payable checks, wire transfers and ACH payments
• Monitor accounts to ensure payments are up to date
• Resolve invoice discrepancies
• Vendor file maintenance
• Correspond with vendors and respond to inquiries

B.A.’s will manage the daily operations and strategic objectives of your firm’s accounts receivable cycle through design, implementation, maintenance and management of all accounts receivable business functions and procedures for the Accounts Receivable collection process. Some A/R job tasks we perform are:

• Collection and allocation of payments
• Billing and reporting activities
• Monitoring account details for non payments, delayed payments and other irregularities
• Maintain accounts receivable files
• Prepare bank deposits
• Investigate and resolve client queries
• Process adjustments

B.A.’s will work with your firm’s leadership to establish periodic budgets for revenues and expenses and will engage in forecasting activities to project future performance levels. Some budget job tasks we perform are:

• Prepare regular and special budget reports
• Review operating budgets to analyze trends affecting budget needs
• Analyze monthly budgeting and accounting reports to maintain expenditure controls
• Match appropriations for specific programs with appropriations for broader programs, including items for emergency funds
• Provide advice and technical assistance with cost analysis and fiscal allocation
• Seek new ways to improve efficiency and increase profits

B.A.’s will prepare and maintain monthly, quarterly, and annual financial reports. Some financial reporting job tasks we perform are:

• Consolidate and analyze financial results and prepare the timely reporting package
• Prepare Balance Sheet, P&L, Cash Flow and Capital Expenditures analysis
• Provide ad hoc financial analysis as requested

General Ledger Maintenance will include monthly/quarterly closing of assigned accounts and maintaining controls around the balance sheet and ledger accounts. Some accounting job tasks we perform are:

• Analyze financial information and prepare journal entries
• Prepare account reconciliations
• Review variances in ledger accounts and provide insight into reasons for variance. Recommend follow up action if appropriate
• Establish and manage appropriate financial controls to maintain account accuracy

B.A.’s will gather and submit employee information, process payroll, and generate timely reports. We can handle all aspects of your payroll in-house, or work with a third-party payroll vendor to manage your payroll requirements. Payroll job tasks we perform include:

• Provide complete payroll package each pay period including processed payroll checks and reports
• Prepare employee earnings statements, payroll journals and month-to-date department summaries
• Manage cash needed to cover payroll expenses and tax liabilities.
• Manage all payroll tax activities, including compliance with local, state, and federal regulations and filing local, state, and federal payroll tax returns
• Work with outside accountants to insure accurate and timely filings of all payroll taxes

B.A.’s will manage Sales & Use Tax accounting to ensure timely, accurate filing of all sales and use tax returns. Some tax accounting job tasks we perform are:

• Review of company purchases to determine whether use tax is due
• Periodic review of record-keeping procedures related to sales and use tax
• Maintain supporting detail, including invoices and other records for use in the event of a sales and use tax audit
• Maintain a tax compliance and filing calendar
• File state and local sales and use tax returns and payments on a timely basis

B.A.’s will manage the collection of your firm’s time and expenses and invoice your clients quickly and efficiently. Our procedures will allow you to maximize time and expense capture, streamline billing and shorten client payment cycles. Some time and billing job tasks we perform are:

• Track billable/non-billable time

• Track expenses incurred on projects
• Set up billing rates at the client, matter or user level
• Create professional, high-quality bills
• Produce financial reports to analyze firm performance 
• Calculate overhead costs and analyze profitability at the client, matter, or user level
• Analyze user realization and utilization rates

At B.A.’s Business Services we offer well-designed solutions that meet the unique needs of your business. Working with you we can prepare customized reports that make it easy for you to analyze your business and its performance. These custom designed ad-hoc queries and reports enable you to analyze and respond to business trends, maximize efficiency, and increase profits and employee utilization.