With SD Mayer, when you sign an engagement with our outsourced accounting team, you have access to all the teams within the firm—tax, audit, consulting, and wealth management.
We work with and understand the unique needs of every client type, including corporations, nonprofits, startups and venture-backed companies, sole proprietorships, and partnerships.
Our outsourced accounting services include financial statements and tax filings, payroll, online bookkeeping services, buying or selling a business, grants and financing, any board or investor requirements, and can cover your personal or business taxes. We also handle reviews and recommendations for technology upgrades, including any onboarding, design, and support.
Software Review & Implementation
Before we make any recommendations on replacing systems, we spend time learning your software, watching you use it and determining whether we can make it work, or whether it makes more sense to find a better solution.
We will make recommendations on apps that sync and play well together, and if you agree, we will set up a new system and train your staff. This includes designing a chart of accounts and setting up any bank or credit card feeds to work with your new system. Finally, we will set up any customized reports.
Transactional Accounts Processing
Our team takes on the burden of handling all accounts payable and check disbursements, ensuring that all your bills are paid on-time, while you focus on running your business.
The same occurs on the accounts receivable end. Our team handles checks and credit card payments coming in, and then making deposits into your account. Best of all, you’ll have an app on your phone where you can keep track of it all.
Our team handles payment to your employees, including direct deposits and check disbursements. We also handle vacation accruals and any benefits tied to payroll, along with ensuring taxes get paid, payroll taxes, sales taxes, property taxes, all business licenses, filing with the Secretary of State, and any other local, state or federal requirements.
We can also work with all of the outsourced payroll providers, should you choose to keep your current provider. Or, if you want a change that seamlessly integrates with all of your other systems, we can help make a recommendation on a new provider.
Bank & Investment Reconciliation
We believe in timely, monthly reconciliations so that you can make quicker business decisions. Our team also collaborates with your investment advisors to implement an investment policy that secures your funds for the future. Finally, we continuously monitor and report on your investment performance.
Cash Management and Foreign Exchange
Our team provides financial projections and forecasting, and a cash flow analysis. For international clients, we provide foreign exchange accounting and risk management.
The biggest benefit of working with a full-service accounting firm like SD Mayer is that you have access to our entire team of accounting professionals, including our audit team who can perform risk management, and prepare you for an audit.Our te
Financial Statement Preparation
Our team provides monthly or quarterly compiled financial statements in accordance with Generally Accepted Accounting Principles (GAAP) in the United States.
And, if you have investors or a board of directors, we regularly present financials at regular board or general meetings.
Our outsource team members will design and manage your budget process, including training your non-finance staff. We will prepare spreadsheet models, interpret the results, develop alternative scenarios, and provide variance analysis, if necessary. Finally, we’ll present it all to the Board.
Preparation of Audit and Tax Schedules
Our outsource team will bring your accounts current and prepare statements and reconciliations. We can also answer your auditors questions, when the time comes.
And if you need your tax returns filed, we’ll give our tax team a call and have then provide a quote.
Interim Accounting Assistance
Sometimes you just need some short-term assistance, whether it’s a clerk or your CFO that’s suddenly leaving. Our team steps in to eliminate any skill or staffing shortages, while you figure things out.
We will maintain your financial operations while you spend time recruiting for the right person to fill the role long-term.
Our CFO-level staff can act as the CFO or Controller to do annual reviews of insurance with your executive team, review all contracts and leases as they renew, strategize and create annual lists of our accounting and financial activities, and any other task deemed necessary at the executive level.
Our team works with businesses in nearly every industry from nonprofits to retail to manufacturing and professional services.
For some, they need help buying or selling a business, along with the tax implications of the sale or purchase, or the acquiring the lifetime capital gains exemption. For others, it’s working on grant assistance or scientific research and development claims.
With SD Mayer, you don’t just have access to our team, but to all the teams within the firm—tax, audit, consulting and wealth management.