Accounting Services

iSales and Marketing Services Corporation wants to make small business feel confident that their accounting system accurately reflects their current situation so they can concentrate on running your business instead of trying to stay on top of vast amounts of bookwork. The steps involved with basic bookkeeping can be overwhelming depending on the size of your business and the number of transactions. If you no longer feel like you have control of your books, give us a call. We will manage your business finances and keep you on the right track.

iSales and Marketing Services Corporation’s services are outlined below:

Accounts payable:

  • Input vendor invoices to payable system
  • Classify invoices to the proper G/L account
  • Request and maintain vendor W-9 information
  • Maintain vendor master files
  • Respond to vendor inquiries about payment status
  • Retrieve copies of payments as necessary
  • Prepare and file required 1099 forms
  • Process requests for stop payments when necessary
  • Cut checks to vendors based on due dates or client instruction
  • Reconcile vendor statements to accounts payable ledger
  • Reporting to organization on detailed aged payables and cash requirements
  • Year end 1099 forms

Accounts Receivable:

  • Billings prepared as needed by iSales and Marketing Services Corporation and mailed out (all billings provided to Client for approval prior to mailing)
  • Record and account for revenue
  • Input receivable transactions into the accounting system
  • Prepare and deliver periodic statements
  • Issue client-approved credit memos and refund checks
  • Maintain subsidiary receivables ledger
  • Process client-approved adjustments
  • Apply cash received to customer accounts and resolve “short pays”
  • Light phone collections as needed by client
  • Client to photocopy checks and provide to iSales and Marketing Services Corporation
  • Client to prepare deposit slips (provide to iSales and Marketing Services Corporation) and make bank deposits
  • Cash Management
  • Process daily sales and deposit reports
  • Verify daily deposits and report variances
  • Reconcile and verify credit card deposits
  • Reconcile monthly bank statements

Payroll:

  • Time cards, after approval, will be scanned and uploaded to iSales and Marketing Services Corporation prior to payday
  • iSales and Marketing Services Corporation completes payroll and client prints, signs and distributes paychecks
  • Prepare employee earnings statements complete with current pay period and year-to-date wages, taxes, and adjustments
  • Prepare department summaries of month-to-date payroll data in addition to customized reports specific to Client
  • Prepares timely and accurate notifications of tax liabilities and deposits
  • Completes Year end W-2 forms
  • Respond to requests for employee verifications
  • Process and submit garnishment payments
  • Respond to employee payroll inquiries
  • Prepare and file new hire reporting to state
  • Prepare, file, and pay all Federal, State, and local payroll taxes
  • Reconcile health insurance payments and make payroll deductions when required
  • Prepare necessary HR reports such as turnover
  • Allocate payroll expenses for multi-store employees
  • Prepare and process payroll accruals when necessary

Fixed assets accounting and depreciation

  • Tracking by asset type
  • Monthly deprecation entries
  • Utilizing all depreciation methods

Monthly reports and financial statements

  • Income Statement
  • Balance Sheet
  • Management Reports

Analytics

iSales and Marketing Services Corporation exists to make you more money. We do this by improving and recommending new processes, giving your business new tools, or by taking on a function that is costing you too much. Click here to learn more about what we do.

Want to work with us?

iSales and Marketing Services Corporation is always looking for fresh talent in order to keep our business strong. Whether your expertise is in sales, marketing, consulting, etc. Please feel free to contact us.

Management

iSales and Marketing Services Corporation's managment team is comprised of people with experience in all forms of business. To learn more about our management team and our company culture, please click here.