CMC Accounting Services believes in providing outsourced accounting solutions that help organizations focus on delivery of their core products and services through innovative technology solutions, streamlined accounting processes, and proactive advice. CMC specializes in outsourced accounting, controllership and CFO-level services, including:

Transactional Accounting

  • Accounts Payable Processing
  • Download/Data Entry and Coding of Credit Card Transactions
  • Download/Data Entry Bank Account Activity
  • Download/Data Entry of Payroll Activity
  • Accounts Receivable Processing
  • Client Invoice Preparation, Recording Client Payments Received, Recording Deposits

General Accounting

  • Posting of Monthly Journal Entries (depreciation, amortization, accruals, prepaids, others)
  • Bank Account Reconciliations (including loans and lines of credit)
  • Credit Card Reconciliations
  • Inventory Reconciliations
  • Loan Reconciliations
  • Investment Account Reconciliations
  • Other Balance Sheet Account Reconciliations
  • Internal Management Reports
  • Year-end Accounting Adjustments and Closing of Books
  • Financial Audit Support

Controllership/CFO Advisory

  • Budget Preparation
  • Financial Projections and Analysis
  • Cash Flow Projections
  • Inventory Management
  • Manage Banking Relationships
  • ┬áStrategic Financial Management Meetings

Tax Services

  • Assistance with vendor communications relating to obtaining W-9s
  • Assistance with preparation of annual Form 1096 and 1099s
  • Sales and Use Tax Return Preparation