Outsourced Accounting
For many small businesses and startup companies, having a full accounting department is a luxury that they simply cannot afford. Draffin Tucker has a dedicated team of bookkeepers, accountants, and CPAs with years of experience in working with companies of various sizes to ensure that your company’s records are complete and accurate. We serve as the accounting department for your business.
Working closely with our clients, this team operates using a flexible model which allows a business to choose from a menu of services thereby customizing a plan to best serve their needs.
Accounting Assistance
A business needs accurate and timely financial data in order to make good decisions. Our team is here to assist clients of all sizes in the areas where they need help the most. We seek to ensure a business is operating efficiently and accurately in the area of accounting.
Transaction Processing
A business will have many transactions within the accounting cycle and it is important that each one be recorded timely and properly in order for an organization’s financial status to be monitored properly. Our experts help take the guess work out of doing the books!Account Reconciliations
It is vital that a business reconcile accounts in order to produce a correct balance sheet. This includes a review of all accounts to ensure transactions have been properly recorded. The professionals at Draffin Tucker are experienced in spotting and adjusting entries that have been made in error.Sales Invoicing
Draffin Tucker professionals have experience across multiple accounting systems and can process the load of invoices accurately and on time so that a business can focus on more valuable tasks.Vendor Bill Payment
When it comes to paying vendors and suppliers, it is vital that an organization has systems and process in place for timely and accurate processing. Our team works alongside clients to make sure this process fits into their natural workflow, making vendor bill payment easy and seamless.Payroll Processing
Employees are an organization’s most valuable asset – and largest expense reported on financial statements. Our team can shoulder the responsibility of ensuring every aspect of payroll is done accurately from tracking benefit accruals to wage garnishments and third-party payments – all while maintaining compliance requirements.Payroll Tax Reporting and Compliance
Draffin Tucker provides expert assistance with payroll tax reporting and compliance. This service involves accurately calculating and paying federal, state, and local taxes related to employee wages, and is essential for avoiding penalties and fines. We handle payroll tax reporting and compliance so that organizations save time and resources, and have peace of mind knowing that their payroll taxes are being handled correctly.Financial Statement Preparation
Balance sheets, income statements, cash flow statements, and retained earnings – all of these are part of the accounting cycle. They are used to provide valuable information for the success and prosperity of a business from year to year.QuickBooks Consulting
At the center of the relationship between accountant and client lies an important tool – QuickBooks Online Pro – which allows the client and accountant to work within the same accounting software system together. Draffin Tucker has several Quickbooks Pro Advisors on staff to assist in this area. The combination of this knowledge and tools give our Outsourced Accounting clients strategic insights to their business.Workers Compensation Audit Representation
Workers compensation audits ensure that a business is accurately reporting and paying workers compensation insurance premiums. These premiums are based on the business's payroll and classification of its employees. A workers compensation audit representation service, like the one provided by Draffin Tucker, can help a business navigate the audit process and potentially lower its insurance premiums by accurately classifying its employees and providing proper documentation. By utilizing Draffin Tucker's workers compensation audit representation service, a business can potentially save significant funds on its insurance premiums.General Ledger Maintenance
Maintaining an accurate and up-to-date general ledger is essential for a business to have a clear financial picture and make informed decisions. Draffin Tucker's general ledger maintenance service helps businesses by ensuring that their financial records are organized, complete, and in compliance with relevant laws and regulations. By outsourcing this task to Draffin Tucker, a business can save time and resources and have confidence that their financial records are being accurately maintained.Property Ledger Maintenance
Properly maintaining a property ledger is important for tracking the value and expenses of a business's physical assets. The team of professionals at Draffin Tucker can provide expert property ledger maintenance services to ensure that a business's asset records are accurate, organized, and in compliance with relevant laws and regulations. By outsourcing this task to the team at Draffin Tucker, a business can save time and resources and have confidence that their property ledger is being accurately maintained.Outsourced CFO
As a business grows, it may be beneficial to have a CFO to provide strategic direction and leadership. However, smaller businesses may not have the resources or need for a full-time CFO. The team of professionals at Draffin Tucker can provide outsourced CFO services to fill this role on a part-time or project basis. By utilizing the expertise of the team at Draffin Tucker, a business can receive the benefits of a CFO without the added cost of a full-time employee.