Outsourcing is a process where you delegate your company’s certain set of tasks and responsibilities to outside service provider so that those tasks could be done in a timely manner and you can continue to focus on your core business.
Outsourced accounting and tax solutions comprise of wide range of services including bookkeeping, monthly accounting, preparation of financial statements, year-end tax returns as well as periodic filings of sales tax returns.
Yes, absolutely. US based companies can set up a virtual accounting department via outsourcing their accounting functions to a company like KMK Ventures. We work with many US based companies to help them with their day-to-day accounting requirements including accounts receivable, accounts payable, general ledger maintenance, preparation of financial statements, tax preparation and so on. With cutting edge technologies of cloud accounting, screen share as well as secured file exchange tools, setting up of virtual accounting department is very efficient.
Great question – We use project management systems to manage all of our tasks, priorities and deadlines. We assign team of individuals based on client’s scope of work and team remains on top of their game using project management system. We provide access to our clients to our project management system as well so that we can collaborate and efficiently turn around tasks. Responsiveness is our strength.
Our team comprise of individuals who are qualified Certified Public Accountants from United States, Enrolled Agents (affiliated with Internal Revenue Service), Chartered Accountants, and staff accountants with varied degree of experience level. We assign team of these individuals to our clients based on clients’ specific requirements.
We work with wide range of software.
For accounting – we are familiar with QuickBooks Online, Quick Books Desktop, Sage, SAP Business One, NetSuite, and so on. Additionally, we work with many other ancillary accounting tools such as Microsoft Power BI, Bill.Com, Fathom, Gusto etc.
For taxes – We are familiar with CCH Axcess, Intuit Proconnect, Lacerte, Ultra Tax, Drake etc.
We provide our clients complete control over the data they share with us. We can use cloud based shared folders to exchange files and client may decide to restrict access once we are done working on those files. We provide clients with all of our completed files and work papers and eventually delete them depending upon client requirements.
No staff members are allowed any media devices including cell phone, tablets, USB drive etc. into restricted office area. Our servers are protected with firewall with 256 bits encryption and our technology team monitors our servers on a daily basis to ensure data security. These firewalls also restrict the access to certain websites from our office networks. We have very limited access to printers and our office is essentially paperless. We also conduct periodic seminars to make our staff members aware of our policies and data security.
Our offices remain open from 12:30 AM EST to 1:30 PM EST Monday to Friday and 12:30 AM EST to 4:30 AM EST on Saturdays. Our teams are generally available in after hours to cater to any pressing client requirements. We can provide flexibility with our hours of operations depending on client requirements.
We work with our clients on an hourly basis and depending on our client requirements we provide fixed fees or full-time equivalent options as well
You may utilize many international wire transfer options including Transfer Wise, Pioneer and so on.
Yes, we execute a master service agreement with our clients stating all of the terms and conditions of our engagements.
Yes, absolutely. Please feel free to ask our representative and we will be happy to put you in touch with our clients.
Very simple – Just send an email to email@example.com and our representative will get in touch with you right away.