Outsourcing Critical Accounting Functions

Accurate financial accounting is a critical component to any business's success. If companies do not collect receivables, pay invoices, balance the general ledger, pay their taxes or perform the essential financial activities associated with running a successful business on a timely basis, they don’t stay in business very long.

Many companies don’t have the time, expertise or resources to effectively manage these tasks in-house or cannot afford to staff positions at proper levels of proficiency. For this reason, the best solution might be Outsourcing. By delegating critical accounting functions to a team of skilled professionals, companies are guaranteed accurate, organized, consistent and cost-effective solutions that address on-going accounting challenges.

Barsa, Hara & Company, LLP’s Full-Service Outsourcing

Barsa, Hara & Co. offers a full range of outsource accounting and tax services, which include:

• Accounts Payable Maintenance
• Accounts Receivable Maintenance
• Payroll Processing
• Monthly Bank Reconciliation
• Fully Reconciled General Ledger
• Customized Financial Reporting
• Fixed Asset Reporting and Depreciation
• Audit Ready Record Keeping
• Audit Coordination
• Tax Planning and Preparation
• Business Entity Selection and Creation
• Business Process Evaluation

We customize our proven outsource accounting model to meet the specific needs of every business. As a Barsa client, you decide what makes the most sense, outsourcing part or all of your critical accounting functions.

The Barsa, Hara & Company Advantage

The first step in establishing a working relationship is the initial discovery meeting in which we thoroughly access your needs, challenges and goals. The process involves the design of an appropriate general ledger and related records on our secure computer network. Specific accounting needs and the type of transactions to be processed determine which software applications we use. Once the system is configured, clients simply provide us with invoices to be paid, customer billings, cash receipts, collections and other essential accounting information associated with the engagement, and Barsa does the rest.

Based on these mutually agreed upon procedures, we process vendor payments, invoices and payroll, maintain your general ledger, receivables, payables and fixed assets on our secure computer network. Each month we reconcile bank statements, record any necessary adjustments and compile your financial statements in accordance with GAAP. We also provide timely financial statements that allow clients to evaluate their operation, make critical management decisions and properly present their company to external audiences.

The Barsa, Hara & Company Solution

We understand that every business is different and therefore requires a unique outsource accounting solution.

Whether companies require a part-time accountant to reconcile the books each month, a full-time controller to oversee the financial aspects of the company or an entire accounting department to provide the infrastructure to support an emerging business, Barsa, Hara & Co. will design a unique solution that is appropriate and cost effective.

To learn more about how a Barsa, Hara & Co. outsource accounting and tax solution can save your company time and money, call 858.481.4462 or email info@barsaco.com today. An accounting and tax professional will be happy to assist you.