Outsourced Accounting Services

Our Firm

Excel Complete provides outsourced accounting services for businesses seeking day-to-day financial management without the cost of building a full internal accounting department. Common outsourced accounting responsibilities include:

• Bookkeeping
• General ledger maintenance
• Payroll processing and payroll support
• Accounts payable support and automation
• Customer billing and invoicing
• Bank and account reconciliations
• Month-end close and financial statement preparation
• Fixed asset tracking and depreciation schedules
• Capital expenditure (CapEx) tracking
• Budget support and variance analysis
• Cash flow monitoring
• Sales tax and compliance support

Beyond managing accounting operations, we help businesses improve workflows and streamline finance department activities. Some common initiatives include:

• Designing a chart of accounts structure for better financial reporting
• Connecting ERP, POS, payroll, and other business systems
• Automating accounts payable and accounts receivable workflows
• Streamlining month-end close and financial reporting
• Eliminating manual data entry and spreadsheet processes
• Building dashboards and KPI reporting
• Identifying other process improvements and building custom tools

The result is better visibility into business performance, reduced manual effort, and more efficient accounting operations.

When to Hire Outsourced Accounting Services

Organizations often hire outsourced accounting services when they need to manage financial operations more effectively but do not have an internal accounting team.

Common reasons to use outsourced accounting services include:

• Startup growth and business expansion
• Accounting or finance staff turnover
• Mergers and acquisitions
• Month-end close and reporting challenges
• Payroll, accounts payable, or accounts receivable issues
• ERP and accounting system implementations

Outsourced Accounting Rates

Outsourced accounting engagements typically start at $1,000 per month and are tailored to the organization's specific requirements. Pricing depends on factors such as transaction volume, number of employees, payroll complexity, reporting requirements, and the level of accounting support required.

For clients located within approximately two hours of our Ann Arbor, Michigan office, on-site meetings may be available as early as the next business day. Accounting assessments start at $1,000 and include a PDF roadmap delivered within two business days, outlining recommended support and opportunities for improvement.

Bookkeeping

Accurate bookkeeping provides the foundation for financial reporting and business decision-making. We help maintain accounting records, upload transactions, reconcile accounts, and support the month-end close. These services include:

• Revenue recognition
• Expense management
• Account reconciliations
• Journal entries
• Month-end adjusting entries

Payroll Administration

Payroll requires timely processing, accurate reporting, and coordination across employees, benefits, and tax requirements. We help organizations manage payroll activities, maintain accurate payroll records, and support ongoing reporting needs.

• Payroll processing
• Tax filings
• Commission statements
• Payroll accruals

Accounts Payable

Effective accounts payable processes help organizations maintain vendor relationships, improve cash flow visibility, and reduce manual administrative work. We help clients improve accounts payable workflows through automation, invoice processing, approval routing, three-way matching, and exception reporting. The result is fewer manual tasks, improved accuracy, and better visibility into outstanding invoices and payments.

• PO reports
• Invoice processing
• Vendor management
• Scheduling payments

Financial Reporting

Timely financial reporting provides leadership teams with visibility into business performance and operational trends. We help prepare financial reports, management reporting packages, and key performance metrics that support planning and decision-making.

• Financial statements
• Management reporting
• KPI dashboards
• Budget versus actual reporting
• Cash flow reporting
• Board reporting packages
• Forecasting support

Financial Systems

Beyond bookkeeping and financial reporting, we help organizations improve the systems and processes that support their accounting operations. This includes connecting business systems, automating repetitive workflows, improving reporting, and developing software solutions that provide better financial visibility and reduce manual effort.

Common initiatives include:

• ERP, POS, payroll, CRM, and banking system integrations
• Accounts payable and accounts receivable automation
• KPI dashboards and executive reporting
• Real-time inventory and operational reporting
• Barcode and warehouse workflow solutions
• Labor planning and workforce reporting tools
• Financial models and budgeting applications
• Custom applications that simplify accounting and finance processes

Industries Served

Excel Complete provides outsourced accounting services across a variety of industries. Our team supports organizations ranging from startups and small businesses to established companies with more complex accounting and reporting requirements.

• Construction - job costing, work-in-progress (WIP) reporting, and cost segregation studies
• Restaurants - food costs, labor costs, sales mix, and profitability
• Real Estate - property-level reporting, rent roll analysis, CAM reconciliations, and cash flow reporting
• Healthcare - revenue cycle reporting, provider productivity, reimbursement analysis, and practice profitability
• Manufacturing - inventory management, production reporting, BOM costing, and operational dashboards