OUTSOURCING SOLUTIONS:

With our 24/7 Bookkeeper starting as low as $99 per month for paperless overnight sign-up, you owe it to yourself and your business to learn how we can help you:

• Save money by saving on administrative overheads.
• Focus more on your core business.
• Access your documents 24/7.
• Trust on the professionals.
• Paperless office technology with the Internet.

What types of small businesses does this work for?

• Accounting, Tax, and Billing Service Firms.
• Real Estate Sales.
• Financial Services Offices.
• Insurance Offices.
• Legal Offices.
• Collection Firms.
• Large Ticket Sales Firms - of almost any type.
• Internet Website Development Companies.
• Computer Service and Installation Firms.
• Advertising Firms.
• Employment & Human Services
• Travel Agencies.
• Construction Companies.
• Consumer Service Companies.

Simple!

We upload the information we receive from you (via fax, mails or emails) to our highly secure servers using the 128-bit encryption technology.(https://www.smartpaperless.com/) The information is then accessed by a dedicated staff assigned to you from our pool of experts. The staff works in a time zone that is different from ours in the US so is able to work overnight on the information that you had provided to us before you left for the day. The staff is supervised for quality assurance and reports to managers who then review the works before the final output is uploaded back to our secured servers. By the time you come in the morning your work is completed and is delivered to you in the manner you choose

The Cosmic Advantage

Provide timely and accurate data processing and reporting.

• Cost a fraction of in-house staff costs.
• Provide professionals access and organize financial information for business owners and professionals.
• Virtual storage and retrieval of business and other documents.
• Data remains secure and accessed only by authorized staff.
• We are available to serve you, with offices both in USA and India.

Cosmic Bookkeeper:

Cosmic Bookkeeper service is suitable for small or mid size businesses wanting to outsource part or all of their bookkeeping function to us to improve their efficiency and reduce their costs. Our customer's gain 24/7 secure access to their accounts and financial records from the internet. Our clients either fax, scan-and-upload or email invoices, statements, and other information to Cosmic for processing the information.

The Bookkeeper offers the following features:

• Bank reconciliation.
• Payroll solutions.
• Transactional processing and financial record-keeping.
• Monthly, quarterly or annual reporting (balance sheet, income statement, cash flow, accounts payable and receivable aging reports).
• Online 24/7 secure web access via our proprietary Cosmic 24/7 workflow management system (paperless overnight) digital web portal.

So simply fax, scan or email invoices, statements, and other information to Cosmic for data entry.

Bank reconciliation and data entry:

• Our skilled staff is trained to enter data from on line read-only banking access on a daily basis. Therefore our clients have their bank accounts updated and reconciled daily when there are numerous transactions every day, without having to employ a full time bookkeeper.
• Monthly reconciliation is done when our staff does not have access to read-only banking access. In such cases bank is reconciled immediately upon receipt of bank statement.

Payroll accounting:

• We work with the company's payroll service provider like ADP and others. We gather all the payroll information including computation of commissions and provide it to the payroll service provider every pay period for timely processing of the payrolls.
• Once the payroll has been processed by the payroll service provider our skilled staff will enter the payroll information in the accounting records in a timely manner.
• Our staff will then review the payroll records and checks to make sure that the information processed by the payroll service provider matches with the information that was provided to them.

Accounts receivable management:

Our staff provides the following support functions in the accounts receivable management:

• Daily Invoice data entry to reflect updated accounts receivable accurately
• Mail/email customer invoices if required
• Account receivable collection service by contacting the customers with overdue accounts over phone or by writing to them.
• Payment posting for customer payments received.
• Review the accounts receivable for ageing and identify long outstanding receivables and recommend reserves for doubtful accounts.

Accounts payable management:

Our analyst provides the following support functions in the accounts payable management:

• Receive all bills for data entry and organize those in proper order
• Enter all bills in the accounting system to reflect updated accounts payable daily
• Credit card statement access and data entry of expenses daily to provide updated information on expenses. If access is not provided data entry done on monthly basis.
• Maintaining copies of the bills in digital format for ready access.
• Review and analysis of accounts payable ageing and cash flow planning for expenses

Talented Financial Team

The Cosmic team is comprised of the finest trained financial professionals. Our experienced financial specialists have the support of a group of financial professionals with years of experience.

After a detailed interview and testing process our people are hired and trained to carry out their duties under strict supervision. Our team of highly trained accountants has considerable hands-on experience and are supervised by managers who are conversant with the latest guidelines and pronouncements on like the US GAAP, IAS and SEC regulations.