Online Accounting Services

As the name of this service level implies, online accounting services (or OAS) provides JWTCO online support for the entire accounting function. One approach connects JWTCO computers to client computers to afford a virtual private network through which JWTCO can access and process accounting data on the client’s computers. Using this approach the clients can use software located on their own computers. Of course, in this scenario clients continue to bear the cost and responsibility of maintaining their own software and sufficient user licenses to allow simultaneous access, but can continue to use familiar, proprietary or vertically specialized software that may defer conversion and re-training costs until growth or complexity warrants an additional investment.

We also provide a very capable web based approach to our OAS. This approach offers a highly sophisticated and secure internet based accounting solution which will meet the needs of the most complex accounting environment, but can be scaled back to meet the needs of the progressive smaller firm who may benefit from the convenience of remote access from several locations. By offering these varying levels of service JWTCO is well positioned to provide whatever outside services the client’s circumstance may require.

At the OAS level of service JWTCO typically plays an advisory role on a day-to-day basis, supporting internal resources with answers to their questions, organizing and monitoring internal controls, and managing the accounting function of the enterprise. Similar to the complete outside accounting level of service, this level affords the maintenance of adequate financial and accounting records and timely filing of all relevant tax returns.

At this level JWTCO works with internal staff and management to define the responsibilities which can be comfortably assumed internally, and JWTCO will provide the balance of responsibilities necessary to meet the day-to-day bookkeeping requirements of the business. This assures that the entrepreneur’s financial, accounting and tax filing requirements can be met in a timely fashion through periods of reduced or extreme activity, and the costs of doing so will vary with the resources necessary to meet them.