Advisory Accounting Services
Building a strong financial foundation for your business starts with working with a reliable accounting firm. At William R Barefoot CPA LLC, I have more than 25 years of experience in providing sound, professional accounting advice. Accurate and timely accounting information is essential in managing a small business.
Accounts Receivable Services Accounts Payable Services
Several pain points can indicate it is time to consider outsourcing all or part of your AR function. Slow paying customers, not sending invoices timely, growing customer list, staffing issues (recruiting, retention, training, managing), lack of organization, missing documentation, inefficient processes, inaccurate aging schedules, and fraud concerns are all good indicators it is time to contact William R. Barefoot CPA, LLC. Paying late fees, missing discount opportunities, growing vendor list, staffing issues (recruiting, retention, training, managing), lack of organization, missing documentation, inefficient processes, inaccurate aging schedules, and fraud concerns are all a part of outsourceable accounts payable services.
QuickBooks Consulting
QuickBooks and QuickBooks Online are popular accounting applications for small business. William R. Barefoot, CPA is a QuickBooks Online Certified Advanced ProAdvisor™. He can assist you with the initial setup for QBO, troubleshooting software issues, training and ongoing support for QB, and implementation of add-on applications for AR, AP, payroll, sales tax, inventory, and other functions.
Tax Planning & Compliance
Details matter when it comes to filing business taxes. You need someone who will assist you with understanding the tax laws, filing accurate returns, and meeting the filing deadlines. William R. Barefoot CPA, LLC is here to help with Individual (Form 1040), Sole Proprietor (Schedule C), Corporation (Form 1120 & Form 1120-S), Partnership (Form 1065), and more.

Certified Public Accountant That You Can Depend On

Whether you need help in improving your accounting systems and processes, understanding your financial data, or other related accounting concerns, William R Barefoot CPA LLC is the right choice for your business. The firm offers comprehensive accounting advisory services to small and midsize businesses.

William R. Barefoot CPA, LLC provides virtual business advisory and accounting services to clients located throughout the United States, with accommodations for on-site services to businesses within 100 miles of Florence, South Carolina.

Frequently Asked Questions

When should I hire an outsourced accountant?

Before you open your business, you should talk with an accountant, among other professionals such as an attorney, insurance agent and banker. You may also need an outsourced accountant if accounting tasks taking the owner or staff away from tasks they are better suited to perform. When tasks such as paying bills, collecting payments, payroll, and bank reconciliations are not being done, or worse, being done incorrectly it is time to get help. If the owner(s) need better understanding of their financial data to make business decisions, they should consider hiring an outsourced accountant.

When should I hire an Outsourced CFO or Outsourced Controller?

The Outsourced Controller or Outsourced CFO is good for a small business that needs help beyond basic accounting but is not ready to hire a full-time controller or CFO with the salary and benefits that goes along with that position. The outsourced controller/CFO may help with planning, budgeting, forecasting, performance measurement and management reporting. They also may help owners understand the data to make important business decisions.

What service options are available with your firm?

The service options are tailored for each client and are based on the business’ budget and needs. Weekly, monthly, or quarterly services are preferred so that the client’s information is current, and they get the most benefit for making decision. Clients also have the option to book services annually or when needed.

How much do you charge for your services?

Fees vary depending on the needs of each client. A written engagement letter or service order request is prepared for all projects that includes details of the services to be performed and the fee for the services.

Inquiry Form

Let us know how our accountants can help you. Send us a message today to inquire about our accounting and tax advisory solutions.