Outsourced Accounting Services

Friedman Accounting Services LLC

It’s critical for businesses to have strong financial and accounting systems in place so you can focus on growing your business. Friedman Accounting Services LLC (“FAS”), in a strategic alliance with Friedman LLP, empowers you by delivering a knowledgeable team of outsourced accounting professionals. Employing the latest technology and proven techniques, FAS stands by your side at every stage of your business.

Rely on FAS to provide your organization with timely and accurate financial reporting and bookkeeping that is efficient, cost-effective and tailored to meet your needs.

Benefits of Outsourcing Accounting

Whether you own a start-up, a well-established business or have personal accounting needs, our outsourced accounting services manage your accounting and financial responsibilities so you can remain focused on achieving your goals. FAS can work with your existing staff, augmenting their expertise, or assume responsibility for all of your accounting functions.

Partner with FAS to access:

• Experienced accountants who understand that bookkeeping is the first step towards effective tax planning and financial reporting

• A dedicated team that works to keep closings in check and generate comprehensive reports on schedule

• Professionals with the accounting, technology and communications skills to work with QuickBooks and various other accounting platforms and tools

In addition to serving businesses, FAS helps high-net-worth individuals with bill paying, record keeping and more, bringing professional finesse to your personal finances.

Please contact us today for more information on how FAS can improve your financial reporting and bookkeeping. We’d be happy to speak with you about your particular needs.

Putting you in the driver’s seat, FAS tailors the scope and nature of our work to suit your circumstances. We offer a variety of service models:

• Virtual or on-site back office – Our most comprehensive service model. We serve as your dedicated accounting team, handling everything from invoicing, accounts receivable, accounts payable, inventory, payroll management and more.
• Oversight, reporting and quality assurance – For clients with in-house resources. Utilizing the financial data you manage, we provide monthly reconciliation and reporting services to increase quality and expand the capabilities of your internal team.

Core services for businesses include:

• Paperless online bill paying and bookkeeping, including

o Invoicing, accounts receivable, accounts payable
o Monthly reconciliations of bank and credit card accounts
o Fixed asset management
o Review of accounting workflows to improve efficiency

• Maintenance of general ledger, including monthly closing, reconciliations and reporting
• Payroll administration
• Preparation and filing of 1099s
• Preparation and filing of sales and use tax returns
• Budgeting and cash-flow projections
• Preparation of workpapers for audits of private and public companies

We also offer customized outsourced accounting services for high-net-worth individuals to help them achieve their financial goals:

• Bill paying
• Maintenance of accounting and tax records, including brokerage statements
• Preparation and filing of W-2s and 1099s