Services

Accounting & Bookkeeping

OMG Accounting & Finance Solutions specializes in accounting and bookkeeping services for small and medium sized businesses. We can take on as much or as little of the process as you want. From cash receipts and disbursements to account reconciliations and financial statement preparation. If you need higher level services, we can be your fractional Controller or CFO. We tailor our customized service offerings to your needs. Our multi system approach is fully integrated and leverages process automation to provide the most efficient services for you.

  • Accounting system conversion or cleanup of existing system
  • Accounts Receivable/Cash Receipts/Revenue
  • Accounts Payable/Cash Disbursements/Expenses
  • General Ledger Maintenance
  • Journal Entry preparation and recording
  • Accrual and Prepaid expense tracking
  • Designing a meaningful chart of accounts
  • Tracking and reporting for restricted funds
  • Bank Reconciliations
  • Balance Sheet Account Reconciliations
  • Financial Statement Preparation
  • Year End Procedures
  • Sales Tax filing and processing
  • Property Tax filing and processing
  • Political Action Committee filing and processing
  • Fixed Asset & Depreciation tracking
  • Payroll input and oversight for external processors
  • Other Services as Necessary

Advisory & Consulting

If you have a special project that requires dedicated resources, we are that resource. Whether you need an internal control review performed or a vendor search to reduce your merchant processing costs, we have the experience and expertise you need to get the results without you spending the time to complete the project yourself. We will work with you to find the right level of resources to accomplish your goals.

  • Understanding GAAP accounting
  • Implementing efficient accounting processes
  • Developing strong Internal Controls
  • Budget Assistance
  • Investment management and oversight of external brokers
  • Preparing external audit and tax return packages for external auditors
  • Facilitate external Audit and tax preparation with external auditors
  • Cash Flow management/analysis
  • Cost Analysis and savings (e.g. Insurance, Banking, Merchant Processing)
  • Other Projects as Necessary

TESTIMONIAL

“Southern Bank has been a provider of banking services to OMG and many of its member organizations since 2011. Over these ten years, OMG has been a stellar client always focusing on each organization’s specific banking and financial needs. The OMG Accounting & Finance team always seeks the best values for its members in negotiating rates and terms available.

“We are proud of our relationship with the OMG Accounting & Finance Solutions team and look forward to continuing it for many years with additional OMG clients and OMG Accounting & Finance Solutions’ clients.”

Steven Kocen

Steven Kocen, Southern Bank Senior Vice President

Southern Bank