Accounting and Bookkeeping Services

Accounting, Bookkeeping, and Tax Preparation Services by OSBOS

At OSBOS, we provide a comprehensive range of accounting, bookkeeping, and tax preparation services designed to streamline your financial operations and improve efficiency.

Our core services include:

  • Accounts Receivable and Accounts Payable

  • Bank and Credit Card Reconciliation

  • Bookkeeping Services

  • Management Reporting

  • Outsourced Bookkeeping Services

Outsourced Bookkeeping Services

With years of experience, OSBOS offers reliable and accurate outsourced bookkeeping solutions that ensure customer satisfaction and business growth. Our bookkeeping services include:

  • Double-entry bookkeeping

  • Trial balance finalization

  • Chart of accounts setup

  • Customized bookkeeping solutions

  • Year-end closings

Accounts Receivable Outsourcing Services

Our accounts receivable outsourcing services help businesses focus on their core activities while enhancing profitability and efficiency. We assist with:

  • Recording and accounting for revenue

  • Maintaining client bills and statements

  • Reducing daily sales outstanding

  • Maximizing financial liquidity

  • Lowering operational and administrative costs

  • Collection and cash flow management

  • Customer creation and updates

  • Booking of receipts

Accounts Payable (AP) Outsourcing Services

OSBOS integrates and manages supplier-facing processes through accounts payable outsourcing, reducing the burden of infrastructure, administration, and staffing. Benefits include:

  • Reduced accounts payable processing costs

  • Enhanced supplier satisfaction

  • Customized reporting

  • Streamlined supplier-facing processes

  • Supplier network management

  • Exception resolution

  • Multi-level invoice validation

Bank and Credit Card Reconciliation

Our reconciliation services keep your company’s cash position updated and accurate. This includes:

  • Clearing outstanding payments and depositing taxes

  • Fast and accurate matching of company books with bank balances

  • Preparing variance details

  • Verifying consistency of balances

  • Reconciling receivable and payable accounts

Payroll Outsourcing Services

Payroll is critical for small businesses, and OSBOS ensures accurate, timely, and compliant payroll processing. Our payroll services include:

  • Payroll sheet and paycheck creation

  • Calculation of federal and state dues (taxes) and check creation

  • Form 940 (Quarterly) and Form 941 (Annual) filings

  • Reporting and filing of W-2 and W-4 forms

  • Employee insurance deductions

Management Reporting

Financial reporting and analysis empower business owners to evaluate company progress and performance. Our management reporting services include:

  • Revenue and profit forecasting

  • Monthly accrual postings

  • Year-end and month-end reporting

  • Real-time report updates

  • Profit and loss statements and cash flow statements

  • Empowering outsourcing partners

Fixed Assets Accounting and Management

OSBOS also offers fixed asset accounting and management outsourcing services for US businesses and CPAs. Our services cover:

  • Real-time reporting updates

  • Budget-friendly reporting solutions

  • Comprehensive management reporting

  • Expense and overhead analysis

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