FAQ

FAQ

FAQ


Q: How does a contract bookkeeper/accountant benefit my company or organization over an employee in the position?

A: Having a contract person doing the bookkeeping and accounting rather than an employee can save thousands for the business by not having the extra payroll expenses such as payroll tax and added employee benefits. The time that our team is in your businesses is usually a tenth of the time that a full-time employee would be there which saves the company on space, utilities, supplies, and salaries.

Q: Will Parkers Accounting work at my office or remotely?

A: Our team at Parkers Accounting, CPA can and will work in either a remote capacity or in your office. We have many clients that prefer the remote option because they simply do not have a space for us to work. We also have many clients that prefer face time and have us work within their office. What works for the business, works for us!

Q: What do I need to do to get information and data to do our bookkeeping/accounting?

A: Most of the time, all it takes is gathering your bank statements and other important financial documents and we can get started. We will work with you and walk through the process step by step.

Q: Can Parkers Accounting get our non-profit organization ready for review or audit?

A: YES! Getting your organization audit ready is our specialty. We work with many CPA firms and know exactly what they will need and when they will need it. We work directly with auditors to ensure the books are ready at year end. Getting prepared for an audit is very time consuming and expensive for the organization, we help not only cut that time but also help reduce the overall audit fees.

Q: Is my data protected and safe?

A: At Parkers Accounting, CPA we pride ourselves in being up to date in data protection. We work with a wonderful technology company local in New Hampshire who keeps your data protected and safe.

Q: Do I need to turn over all of the bookkeeping/accounting tasks, or can I keep some of them in-house?

A: We can do as much or as little of the accounting and bookkeeping as your organization is comfortable with. We tailor our services and our work to fit your needs, not ours.

Q: Can Parkers Accounting help in preparing budgets and board reports for future years?

A: One of the key components to any organization being financially successful is preparing budgets, forecasts and projections so that they know what the next year can achieve and many years down the road. Once we prepare budgets and forecasts, we can also conduct analysis of ratios and trends to ensure the organization is meeting and exceeding in their industry.

Q: Can Parkers Accounting create reports for management and the board from historical data?

A: One of the key components to any organization being financially successful is preparing budgets, forecasts and projections so that they know what the next year can achieve and many years down the road. Once we prepare budgets and forecasts, we can also conduct analysis of ratios and trends to ensure the organization is meeting and exceeding in their industry.

Q: Does Parkers Accounting sign my checks or can I retain that responsibility and oversight?

A: Most companies prefer to have a designated signer and authorizer for the issuance of payments. While many times this can be someone internal to the business, Parkers Accounting, CPA can also be that designee. This has been extremely beneficial to some of our larger clients who would prefer managers have more time to focus on other business needs.

Q: Can Parkers Accounting help and advise on internal controls of our accounting processes?

A: Internal controls are the core root of any successful business. They apply to all aspects the business cycle and set forth a standard of codes and ethics that each person within the company must meet. When internal controls are diminished within the organization, it can allow for opportunities of less than ethical behavior to permeate throughout. Our experience and expertise on setting up and maintaining good quality and achievable internal controls can make the difference between success or failure of a business.
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