Monthly Accounting Packages

 Feeling overwhelmed by receipts and spreadsheets? Support 501, Inc. is your all-in-one solution for stress-free accounting and QuickBooks Online. Our monthly subscription provides you with the tools and support you need to stay on top of your finances, freeing you to focus on what matters most - growing your non-profit. 

All of our accounting packages are designed for businesses that require more comprehensive accounting services, enhanced payroll management, comprehensive financial management, strategic planning, and dedicated support to enhance financial performance and facilitate strategic growth. We offer 4 different levels of QuickBooks Online packages to choose from.

All of our accounting packages include the following:

Monthly Accounting Services:

• Bank account reconcile (monthly)
• Credit card reconcile  (monthly)
• Management of accounts payable (vendor bills)
• Management of accounts receivable (customer invoices)
• Create a chart of accounts so G/L is being properly allocated 
• Cash or accrual-based accounting

Employee Payroll:

• Weekly, or bi-weekly, or monthly payroll processing
• Calculation and filing of payroll taxes (federal, state, and local)
• A detailed report of payroll tax obligations
• Year-end payroll processing: W2 & 1099 documents and supportive reports
• Advanced management of employee benefits, including 401(k) plans, stock options, and other incentives

Inventory Management:

• Research inventory discrepancies from the warehouse to accounting software  
• Prepare and reconcile inventory adjustments  
• Receive inventory and non-inventory items  

Tax Preparation & Compliance:

• Preparation of payroll tax returns and compliance (federal, state, and local)
• Preparation of sales tax returns and compliance with state tax regulations
• Making all payroll-related deposits and filing payroll-related forms: (federal, state, and local)
• File annual Report(s) with the Secretary of State
• Proactive tax planning and advisory to minimize tax liabilities

Financial Statements:

• Profit & Loss Statement
• Balance Sheet
• Cash Flow Statement
• A/R Aging Report
• A/P Aging Report
• Budgeting and forecasting reports to aid in financial planning
• Custom financial reporting tailored to specific business needs
• Detailed weekly and monthly financial statements with in-depth analysis

Strategic Planning:

• Budgeting and forecasting
• Weekly financial review meetings to discuss ongoing financial strategy and performance
• Annual strategic planning sessions to develop long-term financial plans

Accounting Essentials:

• Provide Digital Receipt Capture (QuickBooks Phone App)
• Provide Digital Document Storage (Google Drive Folder)

Ongoing Accounting Support:

• Dedicated account manager providing personalized service
• 24/7 support for urgent accounting and financial queries

QuickBooks Online Training & Support:

• QuickBooks Consulting Services: Set up, Training, and support

Stop wasting time on manual data entry. Get started with your monthly accounting subscription and unlock the freedom to focus on what truly matters – building a thriving business.