Virtual Finance Officer

Think of Us as Your Internal Accounting Department

Virtual Finance Officer (VFO) is an all-inclusive solution that offers small businesses relief from the day-to-day accounting hassles while providing 24/7 access to financial data. As your trusted advisor, we pay your bills, record deposits, prepare payroll and payroll tax returns, furnish financial statements, produce W-2s, prepare tax returns, and supply valuable financial and tax advice throughout the year. All activity is completed online via our technologically advanced platform—so communication and document exchange is in real-time.

Setup and training for VFO couldn’t be simpler. You define your immediate needs and we assess how VFO can be integrated. We train your company’s designated point of contact on the process of providing our staff with the daily information required by the VFO solution and teach them how to access the system from our website.

General Ledger
Provide 24/7 online access to Business's Books	✓	✓	✓
Reconcile Bank Accounts	✓	✓	✓
Reconcile electronic transactions into QuickBooks	✓	✓	✓
Reconcile credit card accounts	✓	✓	✓
Sales Tax Filings	—	✓	✓
Maintain Fixed Asset Schedule	✓	✓	✓
Manage Payroll
Prepare payroll	—	✓	✓
Submit payroll taxes to agencies	—	✓	✓
Prepare payroll tax returns	—	✓	✓
Prepare W-2s	—	✓	✓
Retirement Plan/Garnishment Remittance	—	✓	✓
Manage Accounts Payable
Process bills and vendor payments	—	—	✓
Track credit card expenses and receipts	—	—	✓
Process employee expense reports	—	—	✓
Prepare 1099s for service providers	—	—	✓
Provide digital access to paid bills	—	—	✓
Tax Return Preparation
Corporate or Partnership tax preparation	✓	✓	✓
Property Tax Return	✓	✓	✓
Business Consulting
Prepare monthly financial statements	✓	✓	✓
Prepare monthly budget reports	—	✓	✓
Tax planning	✓	✓	✓
General business consulting	✓	✓	✓
Quarterly video conference	✓	✓	✓