Virtual Jeannie Business Services, Inc.

Virtual Jeannie Bookkeeping Services, Inc.

Virtual Jeannie Services

Bookkeeping and Financial Analysis
Bookkeeping is the recording of financial transactions. It is a crucial procedure of every small, mid and large scale business. Bookkeeping tracks business finances, including transactions on a daily basis. Virtual Jeannie Bookkeeping Services, Inc., provides bookkeeping services, financial accounting, financial analysis and financial bookkeeping services for all of your business' financial needs.

Accurate record maintenance through the procedure of bookkeeping enables you to identify who owes you money and who you owe money to. We work with accounting records and complete computation of expenditures, receipts, accounts payable and accounts receivable, and profit and loss to make your business processes easier.

Virtual Jeannie Bookkeeping Services, Inc. has been constantly investing in innovative technologies and skilled workforce to give you finances that are managed effectively. This is what keeps the cash flow of your business running smoothly. Virtual Jeannie Bookkeeping Services, Inc. maintains the highest standards of business ethics and commitment to quality. Our web-based Document Management System reduces the possible delay in transfer of documents while focusing on security.

Our bookkeeping, financial analysis and financial accounting services are personalized to meet the time-critical and cost-critical requirements of a wide range of customers. We endeavor to increase the efficiency and productivity of our customers by making their business processes easier.

These services include

Accounts Payable Procedures

Accounts Receivable Management

General Ledger Accounting Services

Payroll Processing Services

Bank Reconciliation Management

Financial Statement Preparation Services & Analysis

Quickbooks Setup, Training and Consulting

Accounts Payable Procedures
Frequently, the Accounts Payable Procedures in most businesses are not managed efficiently. This is due to the time and expense necessary to implement the best practices. With Virtual Jeannie Bookkeeping Services, Inc., we are already set-up to provide immediate and secure Accounts Payable Procedures for any type of business. An Accounts Payable Ledger is used to show the detailed records of an account. This is regularly updated with records committed to every supplier, showing how much is payable to each supplier. The balance in this ledger is then used to meet with the General Ledger for the accounting balance. The result: accurate statements that will prevent production issues if suppliers withhold goods or services. Also, in today's credit-based business environment, proper management of Accounts Payable Procedures can have a huge impact on your business' credit rating. Processing of checks, posting payments, transferring funds or digital images are all used to provide accurate and effective Accounts Payable Procedures. We can also provide services such as payment scheduling, check mailing and electronic payments through the Internet.

Accounts Receivable Management
A well organized Accounts Receivable Management process is significant to the cash flow of any business. Converting receivables to cash can be a challenging task. In many instances, businesses have not defined a procedure for expediting receivables. An effective Accounts Receivable Management process requires an investment of time, talent, and a reliance upon business resources. An incorrect Accounts Receivable Management processes can and often does mean cash flow peaks and valleys as accounts withhold payment. With accounts that require 1099s, improper management can have undesired tax consequences as well. We use an Accounts Receivable Ledger to show the detailed records of an account. This is regularly updated with records committed to every billable account, showihng how much is due from each account. The balance in this ledger is then used to meet with the General Ledger for the accounting balance.

With Virtual Jeannie Bookkeeping Services, Inc., our Accounts Receivable Management will provide benefits to your business that include; increased cash flow, fewer delinquencies, and reduced operating costs. This allows your businesses to invest more of their time and budgets in other value added components.

General Ledger Accounting Services
The General Ledger is the main structure of a company's accounting records. This official ledger includes all the financial accounts and financial statements of a business. The General Ledger is used to show the group of accounts that support the important items shown in major financial statements. Business transactions are then classified into appropriate accounting sections in accordance with the prescribed general ledger accounting reconciliation standards and applicable legal provisions. Virtual Jeannie Bookkeeping Services, Inc., provides General Ledger Accounting Services including; general ledger maintenance, general ledger reconciliation and general ledger maintenance services. Delegating your bookkeeping function such as General Ledger Accounting Services to us results in an accurate, organized, consistent and cost effective solution to the ongoing bookkeeping requirements of your business.

Payroll Processing Services
Payroll Processing is a challenging task because of volume, complexity and legislation. Virtual Jeannie Bookkeeping Services, Inc. offers lower costs, more efficient, reliable Payroll Processing and tax preparation services that help protect against the penalties of increasingly complex legislation.

Our Payroll Processing Services include

Direct Deposit

Filing necessary paperwork for company: W-2s, W-9s, I-9s, worker’s comp. forms

Payroll estimates (“net to gross”)

Assisting with setting up garnishments

Partial payroll services
    • Preparing federal and state deposit coupons/EFTPS
    • Preparing quarterly/annual statements
    • Quarterly or Annual payroll services

Our Payroll Processing Services assist businesses in managing the payroll processing and regulatory compliance for all their employees while avoiding the overhead costs of on site payroll administrators.

Bank Reconciliation Management
Bank Reconciliation Management helps businesses to reduce the amount of non-utilized cash. By adding deposits in transit, deducting outstanding business checks and adding or deducting bank errors, Virtual Jeannie Bookkeeping Services, Inc., works closely with you to adjust the bank reconciliation statement in your bank statement and also prepares financial statements, which is known as balancing checkbooks & credit card statements.

Our Bank Reconciliation Management services enable you to know which checks have cleared, which transactions are outstanding, which bank accounts contain what amounts, and exactly where your money is. We find mistakes and record differences between your books and the bank.

This service is most useful for organizations that regularly issue great number of checks, make deposits, receive many receipts and find the reconciliation of disbursements to be time consuming.

Financial Statement Preparation Services & Analysis
Financial Statement Preparation Services & Analysis is critical to any business. Various tax agencies place certain requirements on businesses to provide annual financial statements and financial ratio analysis. By utilizing Virtual Jeannie Bookkeeping Services, Inc., to provide you with Financial Statement Preparation Services & Analysis of all your personal financial statements, we can assist you in solving your critical business issues.

Our Financial Statement Preparation Services & Analysis
Services Include

Balance Sheets

Statements of Equity

Financial Ratio Analysis

Profit and Loss Statements

Financial Statement Analysis

Statements of Cash Inflow

Statements of Cash Outflow

Preparation of yearly and quarterly balance sheets and accounts in the statutory formats, calculation of fixed assets, depreciation and financial statement analysis, and preparation of your personal financial statements or small business financial statements are prepared as per the IRS regulations and guidelines.

Virtual Jeannie Bookkeeping Services, Inc., ensures reliable security and privacy for customer data through stringent privacy policy implementations and document security procedures.

IRS/EDD/FTB/BOE Liaison
No one likes to receive unpleasant communication from a tax agency. When such an occurrence does happen however, Virtual Jeannie Bookkeeping Services, Inc. can help your business address the issues directly, and help facilitate the necessary solution provided by the governing agency. These services include:

Calling the appropriate agency when a client gets a “Nastygram.”

Determining sales tax period a client falls under

Obtaining Federal and State Tax ID numbers

In most cases, the governing agency is eager to work with a professional service to solve the issue. By using Virtual Jeannie Bookkeeping Services, Inc. to communicate on your behalf, your business will display a professional and attentive posture to the agency.

Quickbooks Setup, Training and Consulting
QuickBooks was designed for small businesses, and is the most commonly used small-business accounting and management software in the US. It is used to track expenses, prepare and send invoices, prepare financial statements, track inventory levels, and many other tasks. It is available in customized versions for different industries.

We help users of QuickBooks manage their finances more efficiently. We can assist you with QuickBooks accounting and payroll installation, setup, and operation. Or you can maintain your own files and we’ll make file adjustments for you.

As a Certified QuickBooks ProAdvisor, Virtual Jeannie Bookkeeping Services, Inc., offers Quickbooks consulting services both on-site and via phone support. Whether you need a consultation to set up your workflow, or need help after installation, Virtual Jeannie Bookkeeping Services, Inc., is available to you for training and support on an hourly basis.

OUR COMMITMENT
We are committed to providing the highest level of
service to our clients. We work hard to develop your trust and confidence, and we customize our service to work with you in whatever manner is most efficient and appropriate to your businesses’ needs.