Controller
Support Services
Every organization -- whether business
or nonprofit -- should perform financial tasks regularly to maintain and
improve financial health. But not all organizations have the funds for
a Controller or CFO or Director of Finance. Even organizations with controllers may find that
the workload exceeds their time.
With this cost-effective solution, you pay only for the time TVG
works on your tasks without having to carry the overhead and payroll taxes of an employee.
TVG offers custom controller support
that acts like a small business development center for businesses and
nonprofits. Controller support services include monthly or quarterly
reviews with a TVG CPA which allow you to discuss opportunities that will
improve your financial performance.
Develop solutions with someone who cares about your organization on issues such as collections, write-off of receivables, payment plans with vendors, contracting, and cash management.
The most commonly used controller support services are:
- Accounts payable processing
- General ledger accounting
- Reconciliations
- Monthly or quarterly reviews
- Year-end closings
- Audit assistance — preparing audit schedules
General ledger accounting, reconciliations, financial statement and periodic reviews are essential to ensure that you are using accurate, up to date information to make good decisions for your organization. Without it, you may make mistakes such as signing a lease that you can't afford; hiring an employee that you can't pay for the whole year or bouncing a check at the bank. You also may miss banking errors that have cost you money until it's too late to retrieve your money. Or you may end up paying more taxes than you should. TVG ensures that you have accurate financial information so you can make smart, timely decisions.
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