01 - Platinum Daily Ongoing Bookkeeping Services

To see everything that is included in the Gold Weekly Program and Bronze Monthly program, check out our Pricing comparison table here or go to the Gold Program features here or the Bronze Program features here.

Posting all transactions and receipt paperwork received each DAY and matching to bank feed transactions. Reviewing AR & AP aging accounts daily for accuracy. Ensuring all transactions are posted before any weekly reporting goes out. The day of week that the reporting goes out is typically Wednesday, but can be adjusted depending on the timing of your transactions and receipt submissions. We will also get the month-end reports done by 10th of the month and reconciled to the provided statements. Read more on this feature here.

Accrual basis accounting recognizes income and expenses on the date they are incurred. This type of accounting includes Accounts Receivable and Accounts Payable. It also includes other advanced revenue recognition applications. Businesses looking to professionalize their financial performance will manage their financials on this method. Cash-basis accounting recognizes income and expenses when they are received and paid. This is best for companies that only need to see "after-the-fact" record keeping, not real-time or what may be paid in the future.  Modified cash-basis accounting may allow be done in this program. But only Cash Basis reporting will be done at year-end for tax purposes if the company files on a Cash Basis. Full details on this feature here.

• Dedicated Bookkeeper

• Scheduling Assistant

• Accountant Review Manager

• Payroll Clerk

• AP Billing Clerk

• Sales Tax Clerk

• AR Customer Invoice Clerk

• Dedicated Virtual CFO Advisor

  
  

  Platinum services gives you a Back Office Team of dedicated people to manage your financial world. Your dedicated bookkeeper will review all your submitted paperwork and post all your transactions into your financial ledgers from the bank feeds. They will post To Do requests in the portal for anything missing or questions they have. They will compile your financial reports monthly.

  
  

  Your Accountant Review Manager will review the financials that were created before they are approved to be posted to the client portal. Any additional questions or feedback will be noted for your reference and reply in the portal.

  
  

  Your Scheduling Assistant will help get any meetings booked with our team.

  
  

  Payroll Clerk added if the Payroll Addon is included in this service. Ask us more about that or click here to read more about our Payroll services. AP Billing clerks will post your bills from your vendors and ensure that your Accounts Payable aging report is accurate.

  
  

  Sales Tax clerk will be added if you need annual sales tax reporting and review. AR Customer Invoice Clerk will ensure your invoices are posted and agree to your AR Aging reports. They will also help with statement emailing to ensure your customers are paying on time. Your Dedicated Virtual CFO Advisor will meet with you via Zoom meetings to go over your high-level numbers and make sense of them so you can make more informed financial decisions. They will also help you through your Value Builder journey to map out a plan to achieve your future financial goals and where improvement can be made to meet these targets.

A Daily snapshot report of CASH BALANCES can be sent. A weekly overview reporting of Transactions from last week, current AR Aging and AP Aging, and some reports that can be customized to see needed KPI's.

ACCRUAL BASIS Month End Financial reports included:

Profit & Loss

Balance Sheet

Accounts Receivable Aging

Open Invoices by Customer

Accounts Payable Aging

UnPaid Bills by Vendor

Sales by Customer Summary

Expense by Vendor Summary

Uncategorized Transactions Report

Equity Detail Transactions Report

General Ledger (within 200 transactions)

Reconciliation Summary

Reconciliation Detail

Additional Job Costing, AR & AP Aging reports, and more are included if you opt in for these add on services.

Review the full details of this feature here.

Monthly and Year financials may be generated for your tax basis and/or for business management oversight. Daily & Weekly update reports can be automatically sent as well and can be customized to show the insights needed. Full Details Here.

Ideal for businesses doing around 200 transactions per month, or Gross Sales per year between $600,001 to $3 million + This is a wonderful program for your business even if you are not at these gross sales figures YET* but want to be. We can help you meet your sales goals! Full details on this feature here.

We will take on the bank feeds, manual entry, and reconciliation for as many accounts as you need that are associated with the entity. *Discounts are offered for granting access for statement retrieval or timely uploads by 5th of month. Convenience fees are assessed if access is not provided and statements are not uploaded by the 5th of the month.

Full details on this feature here.

You may book a weekly 1 hour meeting with our team to go over your AR. AP, Payroll, Cashflow, and other areas of your business that may need attention. You may also connect with in two more meetings beyond the weekly meeting, in order to specifically go over on your month-end financial review from the previous month as well as on any strategy financial or valuation discussions that arise such as year end tax planning or other business concerns.

If you would prefer to communicate outside of our portal in Email, you may choose to select the Email Communications Add On Service and agree to the release of liability terms. Review the full details of this feature here.

As part of your Platinum Daily Subscription program, you will also receive a Business Valuation Report, Freedom Score Report, access to our Value Builder 12 module program, and once a month, advisory meetings to craft a plan to build more value and help you achieve your business goals. Whether that means keeping the business so it runs without you as a retirement stream, or selling it for the right price one day, we can help you design an exit now so you are prepared in the future! Learn more about this included service here: https://www.abiggerbottomline.com/post/value-builder-advisory-program-with-business-valuation-and-software-system

Unlimited e-commerce sales channels can be imported into QuickBooks such as Shopify, Square, Stripe, Amazon, PayPal, WooCommerce, or Braintree using a customized import tool which will be paid for and included in your service. We will customize the connection for your needs. Full details on this feature here.

Track costs and income to particular jobs or projects to see profit and loss by a particular customer project for its life time value or particular period. Full details on this feature here.

Track transactions by different types of customizable groups to suit your needs. Such as divisions, locations, different business entities, type of sale, etc. Class tracking allows you to run financial statements by a particular class such as a Profit and Loss by Class. We will do Class tracking within the total number of transactions included in your program. Additional transaction class tracking can be added for an additional fee. This provides more oversight of your financial transactions. Full details on this feature here.

Insights on cash position snapshot. Full details on this feature here.

This service is included in the Platinum packaged service and provides comprehensive accounts receivable (AR) features to help manage customer billing, collections, and reporting efficiently. It includes both foundational tools such as invoice creation, payment tracking, and basic reporting, but also includes more in-depth features and detailed transactions. It is all integrated into a streamlined system to ensure accuracy and timely follow-up on outstanding balances.

This service includes invoice creation for up to 10 invoice transactions per month with up to 10 split line items (for more, please request additional each month). It also includes payment tracking and detailed reporting, all integrated into a streamlined system to ensure accuracy and timely follow-up on outstanding balances. This service also includes a connection to your 3rd party invoice creation software to allow for streamlined importing and tracking of invoices. Full details on this feature here.

In FULL SERVICE we will also generate a monthly statement for your approval to send to your customers, and we will help ensure that they are emailed from QuickBooks each month.

This service is INCLUDED in the PLATINUM program and encompasses a comprehensive suite of accounts payable (AP) functionalities designed to enhance financial management and streamline payment processes within your organization. It includes essential features such as bill entry, vendor management, payment processing, APPROVALS WORKFLOW, and expense tracking, all integrated into a single system for maximum efficiency. This add-on ensures that all AP tasks are performed seamlessly, allowing businesses to manage their payables effectively, maintain accurate records, and optimize cash flow. Explore the complete details here.

Compilation and preparation of annual sales tax reports, segmented by city, to ensure compliance with local tax regulations. It includes the collection of sales data, calculation of tax liabilities based on city-specific rates, and the organization of information required for accurate reporting. It also includes the return filing and any payment arrangements. We will work with you to ensure your products and services are set up to track Sales Tax via QuickBooks and can be reported by address to the correct government authorities annually and or quarterly as needed. If you collect sales tax on multiple ecommerce channels, we can ensure that they are consolidated to once report for your state total reporting. Additional state reporting can be added on to this service if needed. We can also set up more streamlined and efficient sales tax reporting tools that will work with your e-commerce channels and any manual sales done through other systems. Full details on this feature here.

Custom Financial Dashboards and Modeling of relevant KPI's. Workflow process improvement and software integration improvements. Learn more about this feature here.

We use a client powered by Qount for A Bigger Bottom Line. Click here to learn more. You will receive an invitation when you onboard and set a secure password with the option to set two-factor authentication for your security. Our client portal allows you to login online from anywhere in the world to view financial reports, message securely, review and interact with To Do's, clarify uncategorized transactions needing feedback, and see all your shared files. Here is where all your problem solving is done and even collaboration with your CPA and other outside professionals that have been invited.

We can send your AR Aging & AP Aging as well if you opt in for ACCRUAL BASIS accounting.

General Ledgers may also be provided depending on total transaction count.

We can also invite your CPA or Tax Preparer to your QuickBooks file once the yearend books are ready.

Review the full details of this feature here

Explore the complete details here

HubDoc subscription included to fetch statements, forward email receipts, and upload documents for remote bookkeeping. HubDoc is a 3rd party software that you will have access to in order to securely forward up your paperwork. Click here to learn more about HubDoc.

Learn more about this feature here. You can also view other details here.

Review the full details of this feature here

Clean Up / Set Up project Discounted by 90% if DAILY PLATINUM Ongoing services are chosen for a 2 month minimum commitment. Review the full details of this feature here

If you start with this program and we discover that more time is needed on your account to complete the work that is required, we will send change order invoices to complete your books. These could be for things like having more accounts, transactions, and complexity than initially disclosed when you first signed up for the service. We will recommend that you upgrade to a higher service if this program is not enough to get everything done without change orders. Typically after the 1st or 2nd change order, we will pause service until you upgrade to something that may be more appropriate. Sometimes, it may just be a busy month or year and if things go back within scope then we can continue with this program. Your service agreement will list the dollar value per hour of the staff roles in our company. These will be used to determine any additional change order fees. Change order invoices are sent out as standalone invoices separate from your recurring ongoing service (which is charged automatically to the payment method on file). You will be given 30-day terms to pay any change order invoices you receive. You can request us to manually charge your payment information on file to pay for any change orders you receive, or you can choose a different form of payment, such as using your bill payment processor and any bill approvals workflow you use to pay other vendor bills. If your change order invoices are not paid within the 30-day terms, we do reserve the right to pause your current services and use your payment method on file to pay for any outstanding change orders before services resume. Full details on this feature here.

For less than a part-time employee, you will have a dedicated back office TEAM that can handle your daily, weekly, monthly, and yearly bookkeeping & accounting needs so you can get back to business, making sales! If there are additional services you need beyond this base package, these can be added on for an additional fee, depending on what is needed in your unique situation.