SAFS
School Accounting & Financial Services
We exist to provide your accounting and financial needs.
SCHOOL ACCOUNTING & FINANCIAL SERVICES
SCHOOL ACCOUNTING & FINANCIAL SERVICES
DOU YOU NEED HELP WITH ACCOUNTING, AUDITING, BOOKKEEPING ?
The Back-Office Services that we provide to charter and private schools include, but is not limited to:
Accounting
Maintain accounting ledgers as required by Independent Auditors in compliance with state regulations
Submit financial records to Independent Auditor in format requested
Bank statements reconciliation
Process submitted requisitions and purchase orders and prepare vouchers for printing or electronic payment (24/7 Payables)
Post receipts and track revenues by scholarship or payor type – issue statements annually, quarterly, or upon request.
Budget Management
Budgeting and Cash Flow Projections (for all proposed years)
Long-term strategic financial planning
Assist school in budget preparation
Budget tracking and cash flow reporting
Annual operating budget projection
Full breakdown of projected expenses
Budget package for board meeting
Reporting
Monthly budget to actual obligations
Monthly GASB reporting
Quarterly (Fund) Balance Sheet, Statement of Revenues, Expenditures, and Charges in Fund Balance
Payroll Administration
Payroll, Taxes, and Accrued Benefit Maintenance
Complete payrolls biweekly from data submitted
Electronic submission of approved payrolls
Prepare printed checks and electronic deposits for school approval and distribution
Distribute electronic check stubs and information to employees
Maintenance of Payroll/HR files in compliance with requirements of state and federal law
Audit Representation for workers compensation insurance
Submit state reports – RT-6 form
Submit federal reports – 941, 940, W-2, 1099, 1096 forms
Obtain W-9s and set up employee files
Schedule Background screening
Agreed Upon Procedures Compliance
Preparation for AUP compliance completed semi-annually, to ensure no findings
For more information please email us at accountant@mcdonaldsolayworld.com
Let's Talk
We offer various financial services to meet your needs.