Center for Business Planning : Offers account receivable and account payable outsourcing services.

Center for Business Planning : Offers Account Payable Services. CenterBP : Accounts receivable outsourcing solutions.
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Benefits:
- Move to “Best Practices” operations model
- Better decisions through “Ever Ready” financial information
- Lower operating costs
- Concentrate on core operations
- Redirect vital resources
- Employ global technology to win
- Available 24/7 anyplace anywhere
- No fixed costs, variably priced

 
Services:
  Virtual-Banking – electronic banking
 

Seamlessly integrated with accounting systems for most banks 
  
Features include:

  • Electronic banking
  • Credit cards
  • Funds transfer
  • Sweep account management
  • Letters of credit
  • Wire transfer
   
  Virtual-Best Practices – upgrade all operations
 

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.

   
  Virtual-Billing – delivery of invoices
 

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
   
  Virtual-Commerce – electronic shopping carts
 

Seamless integration with all E-Commerce Web Sites

   
  Virtual-Controller – depreciation, loan amortization, fixed assets
 

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
   
  Virtual-Dashboard – management by exception
 

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
   
  Virtual-Documents – paperless office
 
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.

   
  Virtual-Inventory – receipt, ship and replenishment
 

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
   
  Virtual-Payables – categorize, record, and pay
 

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
   
  Virtual-Payroll – process payroll and taxes
 

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
   
  Virtual-Receivables – receipts, overdue A/R management
 

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
   
  Virtual-Reporting – complete financial reporting
 

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
   
  Virtual-Taxes – return preparation
 

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
   
Security:

Control of Data and Business Continuity

Every night CBP’s secure servers download a complete copy of your books and records to a server you specify, either at your home or business or some other secure hosting location. If you ever wish to discontinue service, simply turn us off and start on your own without missing a beat. Your data is never printed out by CBP.

Control of Cash

All incoming checks are processed through banking lock box operations or directly by client. Disbursements can only be activated by client's secure bank authorization codes. CBP also carries professional liability (E&O), as well as, employee dishonesty insurance.

Internet Security

CBP uses the same level of encryption as most financial institutions in the United States. Other methods employed are dual level password entry requirements for access to any accounting data and, if desired, machine specific access.

Access Tracking

Everyone entering CBP's virtual environment is tracked the entire time they are on the site. CBP has the ability to provide a complete audit trail of all activity, if required.

Confidentiality

CBP requires employee confidentiality and non-disclosure agreements. The data center requires positive identification access.
 
How it works:

Input:

Mail documents to secure post office for scanning
E-mail documents
Fax documents

Processing:

Digitize all information
Categorize all information
Post all information
Associate input documents with accounting record
Compute the future effect of all events and make time associated entries
Apply existing business rules
Reconcile all accounts
Present books and records for use 8 AM

Arrive in the morning:

Review Management Exception Dashboard
Act on problem areas
Approve routine actions
Go on to things that are more important

Ongoing:

Define and refined operating procedure rules
Make steady progress toward achieving “Best Practices” model.
 
BROCHURE  
CBP General Brochure
   
VAM Outsourced Accounting
   
Back Office services
   
The Virtual Office
   
Communications Room
   
The Virtual Assistant Services
   
The Virtual Tax Room
   

VAM - Outsourced Accounting (Flash Video)
Communications Room
VAM - Outsourced Accounting (Flash Presentation)
 © Copyright 2005 - 2006 Center for Business Planning.  All rights reserved. 

Center for Business Planning : Offers account payable and account receivable outsourcing services.