Financial Services
We crunch numbers so you don't have to
Virtual Desktop
Whether you use a Mac or a PC, 5g Accounting provides you with a complete virtual desktop just like your own computer, only faster with remote capabilities.
With 5g Accounting, you can share files without the cost and hassle of managing your own network. We even offer apps for your mobile devices.
We'll assign you your own private, secure, multi-user logins and passwords that will give access to your data only to you, your staff, and your trusted advisors.
Your desktop includes a complete virtual office with the following programs:
- QuickBooks
- Microsoft Word
- Microsoft Excel
- Adobe Acrobat Reader
- Unlimited, secure data storage and management with continuous offsite backup
Document Scanner
Receipts, bills, business cards: Little details can create big hassles. They love to disappear when you need them most. These thin papers can quickly turn into a messy stack. They pile up in shoeboxes, dashboards, center consoles, and drawers.
With our direct scanning service, you can really go paperless. Just use any desktop or mobile phone scanner. Or you can email, fax, or mail them to us, and we'll do it for you. With just a couple of mouse clicks, we'll upload them onto your virtual desktop's storage drive, where they'll be waiting for your next steps.
Did you know that the IRS now accepts digital copies of receipts? According to the IRS Bulletin 2003-44 section 274(d), as long as your digital receipts and expense reports itemize the expenses, the IRS considers them adequate records for substantiation.
Another advantage of digitizing your documents is that you can easily email them to managers for approval. You might also attach them to project files in QuickBooks so that it is easier to review your expenses. You can even give your customers copies of the digital receipts.
Finally, you will reduce your consumption of office supplies and increase the efficiency of your staff, which makes you, your employees, and your customers happy.
Document Storage
Put an end to faxing or emailing documents back and forth and dealing with finicky FTP sites. Our document management program lets you scan documents and then securely drag and drop them from your local machine to your 5g Accounting virtual desktop.
5g Accouting desktops are hosted by a professional database company, which backs up all data on its secure network every 30 minutes to an offsite location. This ensures that your data is always safe, protected, and available anytime, anywhere. If you accidentally delete a file, we can bring it back to life in no time.
If disaster strikes your office, the files on your virtual desktop are still safe, and you can access them from any computer with an Internet connection. Whether it's a natural disaster or a computer crash, 5g Accounting can keep your business running smoothly and seamlessly. Our database host also provides the following:
- Intuit-authorized commercial hosting provider for QuickBooks software
- Highest-level encryption and SiteSafe SSL Certification
- Redundant Cisco firewalls
- Hosting in a secure, state-of-the-art, SAS 70 Type II facility
- MSPA accreditation
- PCI compliance for any QuickBooks credit-card processing
Payroll
5g Accounting offers several solutions to help you navigate the complexities of payroll.
If you currently process your company payroll, we can provide a more convenient solution. With 5g Accounting's virtual desktop solutions you can access your payroll anytime and anywhere that you have access to a computer and the internet. It also allows 5g Accounting to access your payroll data when you need expert payroll support.
If you want to continue to handle the day-to-day payroll process but are frustrated with the tedious resopnsibility of staying up-to-date with the payroll tax requirements, 5g Accounting offers an affordable solution. The payroll tax experts at 5g Accounting can supply the knowlege and tools necessary to quickly and accurately keep you in compliance with all the federal, state & local requirements.
5g Accounting is now able to leverage online technology to offer our clients an affordable reliable, and convenient online payroll service. It starts with a 24/7 portal for you to simply enter your weekly staff hours. Our payroll experts at 5g Accounting will take it from there:
- Calculate payroll
- Provide reports for review & approval
- Make direct deposits to employee accounts
- Make tax payments and file returns
- Import data into Quickbooks
- Prepare and file W-2's
- Protect sensitive payroll data
- Send email reminders for: paydays, tax payments, tax filings, and to-do lists.
Click here to see a free demo of our Online Payroll Service (coming soon)
Accounts Receivable
Once your receipts are saved to your storage file, 5g Accounting's bookkeepers can easily access, record, and file them in your document management folder. The information you need to improve cash flow is right at your fingertips.
We can help keep your accounts receivable current by:
- Creating invoices
- Sending statements
- Collecting delinquent accounts
- Setting up new customers and maintaining existing ones
- Producing A/R aging reports
- Preparing and filing state revenue tax and sales tax returns
Accounts Payable
5g Accounting can help oversee your accounts-payable processing and cash management. We can also assist you with the following:
- Paying approved invoices on time
- Reducing your costs with vendor discounts
- Maintaining and/or improving your credit rating
- Setting up new vendors and updating existing ones
- Preparing and filing 1099s and state use tax returns
Controller Solutions
Whether overseeing bookkeeping or reconciling bank accounts, internal financial controls are necessary for the success of your small business. 5g Accounting can help you in the role of controller in these ways and others, including:
- Preparing financial reports: financial statements, work in process, cash flow, budget to actual variance reporting and analysis, fixed asset schedules, and cash management
- Cash management
- Reviewing job status and closing completed jobs
- Preparing and filing payroll tax returns, state sales and use tax returns, state revenue tax returns, and monthly union reporting
- Ensuring tax & GAAP compliance
CFO Solutions
Is your company maximizing its profit? Are your company's costs in line with its revenue? Should your company open a new branch? What would the impact be on your cashflow?
If you cannot answer these questions, let 5g Accounting assist you. Our 70 plus years of experience in these financial matters can help you maximize your profits and make the best business decisions for your company. Other CFO solutions that we provide include:
- Financial reporting and analysis
- Preparing and analyzing advanced spreadsheets
- Strategic planning
- Assessing financing and risk management
- Budgeting and forecasting
- Designing and reviewing financial controls and policies
- Negotiating outsourced functions
- Overseeing special projects
- Managing acquisition and divestiture