Learn More | Mysite

Learn More about Bookkeeping

How Does Outsourced Bookkeeping Work?

Are you tired of spending your free time reconciling your books, but don’t want to spend a small fortune hiring an expensive full-time CFO or controller? If so, get in touch with Pegasus Bookkeeping Solution! Pegasus Bookkeeping Solutions is an outsourced bookkeeping service that provides your business with accurate and timely back office functions, from basic project management to complex strategic planning.

New clients of our outsourced bookkeeping services typically have two main questions:

How does it work? this is all set up via remote with Email, text, zoom and phone call if questions come up
How much does it cost? Cost depends on your business needs.

In general, though, the benefits of this type of service are uniform across industries and organizations:

More time to focus on your customers and growing your business.
You get a personal bookkeeper to handle your business finances - which gives you personal touch factor.
Assurance that you are looking at accurate financial reports when you need them.

Do not spend your valuable free time managing reconciliations and comparing cash flow to receivables — call Pegasus Bookkeeping Solution for your outsourcing services instead. I will make sure your records are accurate and easy to understand, giving you the stepping-stones you need to make better decisions.

Here are the highlights of how our outsourced bookkeeping services work.

Customized Bookkeeping System for Every Client

Every client's needs are different, so I pride myself on being able to set up customized bookkeeping services that are tailored specifically to the needs of each individual client. As an example, maybe a you needs to see a certain report every month with financial information in order to run their business. On the other hand, a different client may just want to see a monthly P&L and balance sheet.

In order to determine how our bookkeeping services can best help you run your business, I will start with a thorough assessment of your needs and then design a system that can grow alongside your company. Outsource your bookkeeping and let me create your chart of accounts, establish accounts payable and receivable policies and procedures, design a payroll system and more. One of the benefits of outsourcing bookkeeping is that when the time comes to secure financing or investors, you will have all the systems, controls and reports in place you need to make better decisions and impress your potential partners.

If you already have, systems and controls in place but need help with QuickBooks, call me. Pegasus Bookkeeping Solution outsourced bookkeeping service is QuickBooks ProAdvisor certified, which means I am qualified to troubleshoot your most complex operational challenges. I can give you the insights you need to keep your back office running smoothly. Outsource bookkeeping services with Pegasus Bookkeeping Solution, and your reporting will stay error-free all year long.

Monthly or Quarterly Flat Fees

So how much do our services cost? Customized bookkeeping services result in customized rates, so the answer is that every client is priced differently. What I do is offer a flat monthly or quarterly fees that help keep you on a budget.

There are several reasons why I work this way, but the major reason is that I hate billing clients just to pick up the phone or respond to an email. I know that the workload fluctuates from month to month, and I do not want to be adding an burden.

My rates are based around several factors, including (but not limited to): transaction volume, how often you need updates done and many other specifics. One thing I pride myself on is hitting a budget. If you have a specific budget you need to keep your bookkeeping limited to, I can design a customized bookkeeping system to meet both our needs along with making sure your budget is still in takted.

Security: Accessing QuickBooks and Bank Info

The next major question I get is about access. I will be the only person access your QuickBooks and reviewing your financial activity? I host all of my clients’ books in the cloud using QuickBooks online. I also use a variety of software and plugins that work with QuickBooks online depending on each specific client’s needs.

The next concern is how will I access your banking, credit card and other financial information. I will only ever view your financial information to do with your bookkeeping and will never have the ability to move money or sign checks on your behalf. A major concern of yours should be to make sure your bookkeeper is not stealing from you, which is done by properly securing access to your accounts. Your financial institution should be able to give a user view-only access and if they cannot I recomment changing banks.

Part-Time Bookkeeping with a Full-Time Presence

I offer Remote bookkeeping services only. so what is the difference from a employee that is doing your bookkeeping vs. a freelancer that does bookkeeping? A Employee that you hire to do your bookkeeping is more costly to the business you have to factor in vacation, sick time, taxes, benefits and etc.. A Freelance Bookkeeper you are not responsible for vacation, sick time, taxes, benefits and etc. and all said and done you saved a lot of money every month.

Customized Reporting and Documentation

Does your business need customized reporting for your next important transaction, tax return or acquisition? Outsource your bookkeeping and get accurate, timely reporting. Pegasus Bookkeeping Solution can create the financial reporting tools you need to make better decisions. Gain important insights through a clearer cash flow statement or variance analysis, or create a budget and forecast that makes sense for the way you do business. Pegasus Bookkeeping Solution can help, whether you need daily, weekly, monthly, quarterly or annual reporting.

Many businesses find they need special documentation or reporting before engaging in a merger, acquisition, sale or partnership. Pegasus Bookkeeping Solution manages day-to-day back office functions, but I also provide guidance for more complex challenges.

Client Types I Work With

I offer industry-specific bookkeeping including but not limited to: Construction, Medical, Veterinary offices, just to name a few.