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Virtual-Banking – electronic banking |
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Seamlessly integrated with accounting systems for most banks
Features include:
- Electronic banking
- Credit cards
- Funds transfer
- Sweep account management
- Letters of credit
- Wire transfer
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Virtual-Best Practices – upgrade all operations |
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CBP’s virtual team is constantly working with clients to move their operations to the “Best Practices” Level. This results in clients benefiting from the cost savings and efficiencies achieved resulting in further cost savings. |
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Virtual-Billing – delivery of invoices |
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Offers totally
seamless generation of invoices
Features include:
- E-billing
- Domestic & international
- Bill of ladings
- Price levels
- Discounts
- Sales and use taxes
- Send via snail mail, e-mail,
or fax
- Credit card
- Progress billing
- Credits & refunds
- Application of credit memos
- Interface with shopping cart
applications
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Virtual-Commerce – electronic shopping carts |
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Seamless integration with all E-Commerce Web Sites |
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Virtual-Controller – depreciation, loan amortization,
fixed assets |
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Controller service is always
available to handle those special requirements
that come up from time to time. Each event is
analyzed and the proper time sensitive entries
generated so your books are always years end correct.
Typical Services on demand:
- Reconcile bank statements
- Reconcile credit cards
- Loan amortization entry
- Fixed asset entries
- Prepare and process ACH
- Depreciation entries
- Prepare and process wire transfers
- Manage cash flow
- Set up budgets
- Develop projections
- Bring back periods up to date
- Handling bounced checks
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Virtual-Dashboard – management by exception |
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A customized single page presentation
of your entire business status.
Features:
- Alerts of all violations
of business rules:
- Over due receivables
- Past due payables
- Inventory shortages
- Contracts expiring
- Save drilling down through
reams of data
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Virtual-Documents – paperless office |
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Benefits:
- Easily locate and never loose
documents
- Securing documents, no more
loose paper laying around
- Documents easily shared with
others
- Eliminate storage of documents
- No more paying for document
related expenses
With Virtual-Documents working for you, the security of all your accounting documents is the same as the accounting system itself. Locating paper documents or loosing them is a thing of the past. Every single accounting entry is now linked to the original document that resulted in its creation. If you have a question on an entry or a check your about to write, simply click the item and the source document quickly appears for your inspection.
Need to talk to your accountant or banker about a document, you can both look at it at the same time and solve the problem. |
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Virtual-Inventory – receipt, ship and replenishment |
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Offers complete integrated inventory
management
Features include:
- Open to buy
- Receipt to PO
- Physical inventory reconciliation
- Purchase order variances
- Reports always ready and
up-to date
- Manage back orders
- Manage:
- Breakage
- Demo units
- Gifts
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Virtual-Payables – categorize, record, and pay |
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Offers a total payable solution
featuring the vendor center where all vendor information
is available in one central location in an easy
to use format.
Features:
- Up grade vendors to e-mail
invoices
- Up-to-date vendor history
- Take cash discounts
- E-bill pay
- Ouching of vendors
- ACH credits
- Daily up-to-date aging
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Virtual-Payroll – process payroll and taxes |
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Better Payroll
Payroll and tax solutions are designed to eliminate
the payroll hassle, and get you back to business,
no matter where your business might be. You simply
submit your payroll data by phone, fax, or the
Internet. If you have new employees we can even
provide new hire reporting to state and local
agencies simplifying the payroll process.
- Printed payroll checks and
vouchers
- Easy-to-read payroll Journal
- Current & year-to-date
earnings, taxes, deductions and cash disbursements
- Year end reporting &
W-2s
- Electronic check signing
- Check insertion
- Individual employee earnings
reports
- Month-to-date department
summaries
- 401K reports
- Direct deposit
- Restaurant reports
- Labor distribution reports
- Reports on CD
- Accrued/remaining vacation
& sick time
- New hire reporting
- General ledger reports
- Timekeeping systems
Tax Filing
Nobody truly enjoys taxes, so let us ease the
burden! Virtual-Payroll Tax-Filing not
only pays your taxes, it pays any penalties because
we assume liability for accuracy and timeliness
of all federal and state deposit filings. The
Virtual-Payroll team stays up-to-date,
with the ever-changing tax laws and IRS filing
requirements so you don’t have to.
- We deposit your federal withholding,
FICA, FUTA, state withholding, SUI, and disability
taxes
- We file your quarterly and
annual federal, state, and unemployment returns.
- We file your year-end tax
forms
- We comply with IRS regulations
using Electronic Federal Tax Payment Systems
(EFTPS)
- We comply with state magnetic
tape filing requirements
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Virtual-Receivables – receipts, overdue A/R management |
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Offers a total receivable solution
featuring the customer center where all customer
information is available in one central location
in an easy to use format.
Features include:
- Lock box services
- ACH debiting
- Check scanning
- Automatic deposit slip generation
- Credit card and merchant card
fee reconciliation
- Over and short
- Finance charges
- Account statements
- Daily up-to date customer
account agings
- Customer and job reports
- Complete customer histories
- Collection of past due receivables
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Virtual-Reporting – complete financial reporting |
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Delivers year end quality reports
every morning at 8 AM
Reports offered:
- Balance sheet
- Profit & loss
- Cash flow
- General ledger
- Ability to share information
simultaneously with others
- Reports always ready and
up-to date
- Actual versus budget
- Plus any custom report desired
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Virtual-Taxes – return preparation |
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Manage your tax return
- Ability to prepare proforma tax return any time of the year
- First draft tax return for delivery to your accountant at the end
of the year
- At your option your return can be prepared for you
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