Outsourced Accounting Services​

Accounting is a vital part of your business, from day-to-day accounting procedures to tax compliance. As a small business owner you have more important things to do than to keep your own books. We take care of your books for you, so you can get back to the job of running your business and generating profits. Leave the tedious, time-consuming job of bookkeeping and accounting to the professionals. 
​
Take advantage of an accounting solution that knows your business. At LingoHR Services, your outsourced accounting team is built to meet your business’s needs now—and as you grow. We’ll improve efficiency and visibility into your business, so you can trust your numbers and make better-informed decisions by providing the following:

Our Outsourced Accounting Services is designed to provide the financial oversight needed to reduce fraud potential, have accurate and timely financial information by performing the following services on a monthly or quarterly basis: 

Reconcile your bank account 

• Identify lost checks, lost deposits, or unauthorized wire transfers.
• Detect and prevent embezzlement of funds from within your business.
• Track your business growth and manage your cash flow effectively.
• Protect yourself from bank errors, fraudulent checks, and other financial crimes directed toward your business.

​Balance Sheet Account Reconciliations

• We reconcile your accounts that will allow you to eliminate discrepancies and maintain accurate records for your business.

Financial statement preparation and review

• We will provide you with regular income statements that will help you track the operating costs of your business and determine your current tax liability.

• Gives you a snapshot of the financial health of your business at any given point of time.
• Identify and analyze trends in receiving and payables and take prompt action to keep those trends going in a direction beneficial to your company.
• On Demand financial statements, which are the single most important elements for reporting to potential lenders and investors.
• Creation of custom dashboards to help run your business more efficiently

These tasks form the solid foundation of your small business accounting system. You can customize the package of services you receive by adding payroll, tax planning, tax preparation, or any of our other services.