247Digitize - The Acumatica Bookkeeping Service

Key features

• General Ledger Maintenance - We ensure that your accounting data from journals and sub-ledgers are posted and up-to-date.
• Accounts Payable - We process and review transactions between your company and its suppliers, ensuring that all outstanding invoices are approved, processed, and paid.
• Accounts Receivable - We can assist in maintaining customer profiles, invoicing, recording received payments, transferring from an undeposited account to the GL bank account, and more.
• Payroll Management - We will work with your payroll provider to record all expenses related to your payroll transactions, including net and gross pay, payroll taxes, insurance, unions, and other deductions.
• Multi-Currency Management - We manage the currencies and rates you need to run your business. We will also work with you on the revaluation of accounts if required.
• Inter-Company Accounting - We record financial transactions between different legal entities within your parent company, including Inventory, Accounts Payable, Accounts Receivable, and Cash Management.
• Deferred Revenue Accounting - We manage and reconcile all your Deferred Revenue, which is money received for goods or services that you have not yet delivered or performed.
• Inventory Management - We can assist in setting up stock and non-stock items, data entry of physical inventory, sales order and drop-ship management, item sales, and profitability reporting.
• Fixed Assets Management - We will help record fixed assets transactions such as depreciation calculations, custom schedules for accurate accounting and reporting, tax tracking, and reporting scenarios independent of GL postings.
• Reporting - You will get several financial and operational reports for complete visibility of your business operations, such as actuals versus budgets, cash flows, and balance sheet position.