Abacus Financial

Services

Support for Start-ups and Small to Med-Size Businesses

Areas of Expertise

 

BOOKKEEPING

We understand the importance of detailed daily financial managements and its role in the successful development of your business. It is extremely important to have accurate and timely financial records to make intelligent strategic management decisions. That’s why we provide specialized bookkeeping services for start-ups to medium size businesses.

While we are proud to be QuickBooks Certified ProAdvisor’s, we have experience with multiple bookkeeping packages and give our clients the ability to dictate the resources we utilize.

Typical Bookkeeping Tasks include:

  • Financial Statement Review

  • Daily, Bi-weekly, Monthly, Quarterly, and Annual Bookkeeping

  • Accounts Receivable Management Payroll Administration

·         Monthly Bank Reconciliations

  • Accounting Oversight

  • General Ledger Reconciliation

·         New/Existing Business Accounting System Set-up   

·         Financial Reports & General Ledger Preparation   

·         Payroll Processing

·         Accounting Software Training & Implementation

CONTROLLER SERVICES

Our Controller services provide businesses and organizations the benefit of financial expertise and oversight without the high human resources costs.   We provide experienced support for tax returns, strategic planning, provide leadership in the areas of accounts payable and receivable, and formulate detailed forecasting. We get into more strategic cash flow management, dynamic forecasting, policies & procedures. All at the fraction of the cost of a full-time Controller.

We can assist with a wide variety of controller services, including but not limited to:

  • Establishing and executing internal controls

  • Financial statement review

  • In-depth financial analysis

  • Negotiating lines of credit and vendor agreements

  • Reviewing all financial agreements and contracts

  • Advising executive management on business decisions

CFO SERVICES

CFO service partners you up with a team of Accountants, CPA, and a Tax Partner who work with you to help guide your business to success. You’ll have one distinct point of contact, a project manager of sorts, which will enhance efficiencies such as time, money, and management.

The cost of hiring a full-time CFO can range from $120,000 to over $200,000 per year plus bonuses and benefits. Our Virtual CFO services provide you with the experienced strategic support you need, at an affordable fixed cost.

As your business grows, or if you're planning for growth, your financial needs become more complex. Often your existing financial infrastructure and accounting reporting aren't giving you the kind of visibility you need to make confident, financially sound decisions re: growth.

You would benefit from using our CFO services if:

  • Your company is growing fast, or you're anticipating rapid growth in the near future

  • You need stronger insights when it comes to your company's financial performance

  • You're experiencing cash flow management challenges

  • You're looking to buy a company, to raise money, or to sell off a portion of your company

·         Service includes: bank relationships, weekly meetings, budgeting & forecasting, company-wide KPIs, and much more.