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Outsourced Accounting and Bookkeeping
Enhance your path to financial success with our expert outsourced accounting and bookkeeping solutions. We handle intricate financial operations with precision and compliance, allowing you to focus on your business growth, confidently.
Accounting services for your needs
Recognizing the unique requirements of every business, we tailor our services to suit your distinct needs. At The Favas Group, we understand that a one-size-fits-all approach doesn’t work when it comes to support services. That's why we offer a versatile range of solutions designed to adapt and cater specifically to your company's demands.
Essential Bookkeeping Services
For building a strong financial base.
Monthly Close
We adhere to strict timelines to promptly finalize financial records, providing you with dependable and current financial data readily accessible for informed decision-making.
Accounts Payable and Bill Payment Solutions
Our streamlined accounts payable procedure ensures effortless bill payments while offering robust controls and enhanced security measures.
Accounts Receivable and Invoicing Solutions
We handle invoicing for your clients and oversee accounts receivable to optimize your cash flow, allowing you to focus on core business activities.
Employee Expense Report Management
We oversee the employee expense reimbursement process, guaranteeing precise reimbursements and adherence to your company's expense policies.
Payroll Service Management
Optimize your payroll processes with our professional payroll solutions, ensuring precise and punctual reporting.
1099 Filing
We guarantee IRS compliance by filing 1099 forms for all contractors and vendors, ensuring accuracy and adherence to regulations.
Advanced Bookkeeping Services
To foster business growth.
Cleanup Accounting
Guarantee the precision and thoroughness of your historical accounting records through our cleanup services.
Conversion of Cash to Accrual
We facilitate the transition of financial reporting from cash-based to accrual-based accounting, ensuring adherence to industry standards and enhancing capabilities for financial planning and analysis.
Equity Accounting
We comprehend the intricacies of accounting for equity transactions, ensuring alignment between your cap table and balance sheet.
Purchase Order Management
Allow us to enhance your purchase order process with efficient management and meticulous tracking, leading to reduced errors and prompt deliveries.
Audit Support and Due Diligence
Confront audits and due diligence with assurance. The expertise of our team will ensure a seamless process.
Sales Tax Management
Our team comprehends the intricacies and hurdles of sales tax management. We collaborate with our partners to streamline the process, ensuring your compliance with diverse state requirements.
