We know that CPAs are very busy with filing taxes and numerous other tasks and sometimes don’t want to do the day-to-day Bookkeeping and Compliance Work for their Clients. Let us introduce you to P&L Business Solutions, your Trusted Resource for your Compliance Work.
Our Team has a proven system and a great Tech Stack which we use for all of our Clients. Here are the systems we have in place to ensure consistency in our Bookkeeping Practices:
Our Team uses Dubsado for Client Onboarding which ensures we are communicating with all Prospects that come our way quickly and efficiently.
- Our Team uses Dubsado to assist with the Year-End Process and getting documents ready for the CPA or Enrolled Agent to file the Client’s Taxes on time, if the Client has provided the required documentation to us.
- Our Team creates Payroll Journal Entries in QuickBooks Online if Client is using a Third Party App. If they use QuickBooks Online Payroll, we ensure the Payroll Accounting is set up correctly in QuickBooks Online.
- Our Team will work to get the Sales Tax Entries entered correctly from a Third Party System that files the Client’s Sales Taxes.
- Our Team uses Uncat to communicate with the Clients to get Uncategorized Transactions Categorized. We have great feedback from our Clients regarding this process.
- Our Team sends our Clients Monthly or Quarterly Financial Reports, depending on the package they are in, with commentary as needed so the Clients can keep up with their financials and be aware of trends.
At P&L Business Solutions, Our Team Members are required to fulfill three Standards of Excellence – Education, Experience, and Expertise in Customer Service:
- Successfully complete QuickBooks Online Certification
- Have extensive experience with Overall Bookkeeping Processes
- Have great Customer Service Skills when communicating with our Clients, CPAs or EAs, and Prospects.
Additionally, Paul White, one of the Owners of P&L Business Solutions, is our Fractional CFO for Clients needing help to develop a roadmap toward higher profitability. He works with Clients to help them with their Cash Flow and creating a budget. He also helps them understand their business’s fixed overhead base, variable expenses, and revenue potential.
Our operational model allows us to take on additional clients and compliance work while maintaining the highest quality and consistency of service your Clients expect. We look forward to talking with you about generating capacity and growth in your business.