BOOKKEEPING
Accounts Receivable
Our accounts receivable and payable outsourcing solutions help ensure invoices are issued correctly and payments are applied accurately. This allows businesses and nonprofits to make informed decisions and improve cash flow management.
Accounts Payable
Aksel's Accounting bookkeepers know that you have people to pay and obligations that need to be met in a timely and efficient manner. Wilmington’s accounts payable professionals at Breakwater are always prepared with the best solution for your small to medium sized business’ or non-profit organization’s structure and needs. We will take time in your initial assessment to nail down the accounting software and processes to make sure you can approve bills for payment easily.
Payroll Processing
Payroll can get complicated between time tracking, benefits, payroll taxes, time off and so many more variables. Breakwater’s team has seen it all and unites to provide you with the most informed recommendations to handle your payroll complexities and to ensure that your pay structure is reflected as uniquely as you may need it to be for financial reporting purposes.
Expense Management
Your team is busy- let us take the work out of keeping your team members going. We partner with financial technology companies to give our clients ease of use while still gathering the level of detail necessary for clean audits and good decision-making.
ACCOUNTING WORKFLOWS
Process Improvement
Aksel Accounting dials in our accounting workflow consultants to begin reviewing what your accounting processes currently look like. This evaluation helps streamlining Book-keeping, and Accounting Processes by identifying bottlenecks and opportunities for improvement.
Knowledge Base
Businesses across the U.S. have relied on Aksel Accounting workflow consultants team for their knowledge and expertise. Our team routinely attends seminars and partner meetings with financial technology providers, strengthening our ability to deliver accounting technology consulting for businesses that aligns with real-world needs
Planning for the Future
We know technology is ever changing, and what works for a client today may not be the most efficient solution as the business grows. Our outsourced accounting team collaborates with our workflow consultants on accounting workflow planning for growing businesses, ensuring your systems evolve with your organization.
Expense Management
Your team is busy- let us take the work out of keeping your team members going. We partner with financial technology companies to give our clients ease of use while still gathering the level of detail necessary for clean audits and good decision-making.
CONTROLLER SERVICES
Month-End Close
A timely, accurate month-end close requires expertise and coordination. Our team provides month-end close management by outsourced controllers, ensuring accurate reporting and dependable timelines for board meetings, partner discussions, and internal analysis.
Cash Flow Management
Our outsourced financial controllers deliver proactive cash flow management services for small businesses, providing regularly updated forecasts that align budget expectations with real-world performance.
Liaison with Tax Accountants and Auditors
Aksel Accounting outsourced controllers act as a liaison with tax accountants and auditors, ensuring accurate year-round financial monitoring so that year-end reporting and audits are smooth and surprise-free.
Grant Tracking
Aksel Accounting provides grant tracking services for nonprofits, ensuring compliance with government and foundation requirements while maintaining clear, audit-ready reporting.
Financial Reporting
Aksel Accounting loves details, but business owners and non-profit boards do not need details, they need a clear picture of their business or non-profit organization’s financial position. Our outsourced financial controllers serving nationwide, will ensure that the details your accounting team puts into your accounting system are accurate, and then turn them into meaningful and timely reports and data to help you make informed decisions about how to move forward in running your small to medium-sized business or non-profit organization.
Budgeting + Forecasting
Aksel Accounting supports budgeting and forecasting for small businesses with customized, adaptable financial models that guide operational and strategic planning.
QUICKBOOKS ONLINE PROADVISOR
Proper Accounting Structure
Useful reporting starts at the bottom, ground zero of creating your small to medium sized business or non-profit organization’s QuickBooks Online account. A well thought out chart of accounts can organize your reports in a way that can highlight strengths and weaknesses and guide decision making to achieve goals.
Knowing how to further tease out your transactions and data into classes, products and locations will help to drill down into information in a variety of ways whenever needed. Breakwater is your go-to place for QuickBooks Online help in Wilmington and beyond because we know what it takes to build a structure for your QuickBooks Online accounting system to allow you to view and understand what is happening in your small to medium sized business or non-profit organization.
Proper Accounting Practices
Aksel Accounting accountants and controllers earn and maintain ProAdvisor certification to ensure clients benefit from the latest accounting standards and software improvements. This ensures clean data capture and consistent QuickBooks Online ProAdvisor services for small businesses and nonprofits throughout the year.
Clean and Efficient Transaction Processing
Our ProAdvisors are trained to improve QuickBooks Online transaction processing efficiency by pairing technical knowledge with real-world accounting experience. This combination ensures accurate records, smooth workflows, and dependable reporting for growing organizations.
Financial Reporting
Aksel Accounting loves details, but business owners and non-profit boards do not need details, they need a clear picture of their business or non-profit organization’s financial position. Our outsourced financial controllers serving nationwide, will ensure that the details your accounting team puts into your accounting system are accurate, and then turn them into meaningful and timely reports and data to help you make informed decisions about how to move forward in running your small to medium-sized business or non-profit organization.