818HI offers a range of accounting services tailored for small and medium sized businesses, taking away the administrative burden of always keeping books up-to-date, thus allowing the SME to concentrate on running their business more efficiently.
Reconciliations
- QuickBooks
- PeachTree
- FreshBooks
- Quicken
- Wave Accounting
- Zoho Invoice
- Other custom tools
Other bookkeeping tasks
- Asset management and reporting
- Inventory management
- Sending picklists for warehouse for shipping products
Reports
- Income and Expense statement
- Balance sheet
- Cash flow
- Amount that customers owe you
- Amount that you owe your suppliers
- General ledger
- Reconciliation
- Other custom reports you need
Reconciliations
- Check actual amount deposited in the bank statements for any discrepancies
- Reconcile credit card transactions
- Correct any errors and write up adjusting entries
Expense related tasks
- Record checks that were sent out and enter proper codes to classify
- Enter Paypal, debit and credit card transactions to correct expense categories
- Enter supplier/accounts payable invoices. Route to appropriate people for approval
- Set up online bill payments to pay your suppliers
- Create reports on how much money you owe your suppliers Enter payroll information of your staff
- Track advance payments made to company staff
Income related tasks
- Record payments from your clients
- Enter bank deposits and classify to appropriate income categories
- Enter paypal and other credit card income and classify
- Track client under and over payments
- Create and manage sales/accounts receivable invoices
- Track delayed payments and send reminders, if needed
