There are many tasks that fall on the shoulders of a business owner. In a single day you may be a salesperson, bookkeeper, budgeter, planner, office manager and even therapist. What if you could offload some of these duties on to your external accountant in a meaningful way? Enter Client Accounting Services (CAS). A CAS professional can perform many of the duties that would typically require an entire finance department. These include account reconciliations, bookkeeping, cash flow projections, advising on payroll and internal controls, budgeting, reporting, and interpreting financial data. Client accounting services bridge the gap between your financial statements and the day-to-day operations of your business.
In the past, it may have been a challenge for external accountants to complete monthly accounting or bookkeeping, but technology has made it easier to offer these services. Mobile apps, artificial intelligence, and automation are just a few of the tools professionals use to take on these responsibilities.
Client account services include everything from being a complete virtual CFO, to simply providing advice on technology. The one size fits all model does not apply. Here are some questions you can ask yourself to determine if your business would benefit from CAS:
- Could monthly accounting improve the decision-making process of your business?
- What is the biggest challenge you face with your monthly accounting?
- Do you look at your financial statements on a regular basis? If so, what questions do you ask yourself?
- Do you struggle with allocating your time to bookkeeping?
To learn more, book a free one-on-one consultation with a Resolve CAS professional: https://www.resolveapps.com/contact/