“Beware of little expenses. A small leak will sink a great ship.”
Benjamin Franklin
Why We Offer It
BlueSky founded its roots long ago through affiliate marketing. Back then the internet was the wild west with little guidance and minimal rules. When we launched our brands we were forced by the banking system to operate high risk products across multiple merchant processing accounts.
The sad truth is that a lot of the time large banks and ISOs have a hidden goal of not returning all of the funds promised. We have heard horror stories of fellow advertisers losing millions to offshore banks outside US jurisdictions, shady ISOs running off with their money, or large aggregators holding reserves as long as possible. At best it severely hinders your cashflow and your ability to operate.
To mitigate that, we built an internal team responsible for reconciling our processing statements and matching them to our merchant deposits, to make sure we were in fact receiving all of our money.
Our Credibility
Certification
Certification
For Bookkeeping
Examination
What We Offer
✓Data entry into accounting ledgers or software
✓Recording the financial transactions
✓Maintaining records
✓Tracking transactions
✓Creating financial reports
✓Entering, coding and paying bills
✓Creating and sending customer invoices
✓Collecting past due accounts receivable
✓Maintaining vendors for accounts payable and clients for accounts receivable
✓Account analysis
✓Work papers for month-end closing and audit support
✓Scan and attach documents for tax and audit support
✓Preparing client source documents for audit support
✓Sending customer and vendor statements
✓Reconciling bank accounts
✓Reconciling credit card accounts
✓Reconciling PayPal accounts
✓Reconciling merchant processing account deposits
What To Expect
We run the operations associated with paying bills, billing clients, managing timesheets and payroll, and processing financial statements at month end. As the business owner you will still look over the end results to guarantee accuracy, but we handle the heavy lifting.
Many small businesses are initially only concerned with compliance tasks: paying bills, getting paid, recording transactions, payroll accuracy, and following state and federal regulations. If your business has grown past that threshold you need more comprehensive bookkeeping, accrual-based accounting and management accounting to make data-driven decisions.
The only way to eliminate stress during tax season is to always be prepared for it. Our clients are ready to file before their accountants are.
Our services average between $250 and $2,500 per month, depending on the size of your business, the number of monthly transactions and the complexity of services required.