Convenient * Affordable * Accurate
Get Adobe Flash player

Outsource Accounting

Outsource Accounting Services

WWTS works with you to create a seamless relationship to help your business run smoothly. As your partner in your business, we can take care of the “operational” side of the business so you can focus on doing what you went into business for in the first place!

BACKGROUND ON OUTSOURCING

Since the early 1990’s, companies both large and small have embraced finance and accounting outsourcing due to proven and significant benefits. We provide true labor flexibility because you only pay for the services/hours you use. The average salary of a U.S. based accountant with less than 1-year of experience is nearly $40,000. According to the U.S. Department of Labor, the hourly mean wage is $33.42 or almost $70,000 annually. Utilizing our services eliminates traditional in-house employee headaches like payroll taxes, benefits, and absenteeism.

We offer two types of outsourcing “off-site” and “on-site” to meet our clients specific needs.

On Site – Level One Outsourcing                    $ 25 – 30 per hour

An accountant from our team will work out of the client’s office handling accounting functions as specified by the client. We offer flexible work hours and the following services:

  • Vendor payments
  • Invoicing Customers
  • Monthly Sales Tax
  • General Leger Reporting
  • Bank Reconciliations

On Site – Level Two Outsourcing                      $40 – 45 per hour

A senior accountant from our team will work out of the client’s office handling higher level accounting functions specified by the client. We offer flexible work hours and the following services:

  • Vendor payments
  • Invoicing Customers
  • Payroll and Payroll Reporting
  • Monthly Sales Tax
  • General Leger Reporting
  • Bank Reconciliations
  • Financial Statement Preparation

On Site – Level Three Outsourcing                     $55- 60 per hour                                           

A senior accountant from our team with CFO experience will work out of the client’s office handling executive accounting functions specified by the client. We offer flexible work hours and the following services:

  • Develop financial and tax strategies
  • Manage the capital assets and budgeting processes
  • Develop performance measures that support the company’s strategic direction
  • Implement operational best practices
  • Report financial results to the board of directors
  • Ensure that the company complies with all legal and regulatory requirements
  • Ensure that record keeping meets the requirements of auditors and government agencies
  • Report risk issues to the audit committee of the board of directors
  • Maintain relations with external auditors and investigate their findings and recommendations
  • Monitor cash balances and cash forecasts

Off- Site Outsource Accounting                    Plans starting at $335 per month

Some companies prefer to have their information sent to us via optional methods (shoebox, upload to online account, or mail) we process the information on the frequency specified by the client (weekly, biweekly, monthly, and quarterly). A personal accountant is assigned to your account, and provides the following services:

  • Vendor payments
  • Invoicing Customers
  • Payroll and Payroll Reporting (more than 7 employees will require additional fee)
  • Monthly Sales Tax
  • General Leger Reporting
  • Bank Reconciliations
  • Financial Statement Preparation

Additional Services

  • Prepaid Accounting Subscriptions (additional monthly fee of $15 per month)
  • Tax planning and preparation for Sole proprietorship, LLC, Corporation, Partnerships (additional fee for year-end services)