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Providing a Front-to-Back Office Solution From Trading Through Portfolio Accounting for Broad Asset Classes

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Providing a Front-to-Back Office Solution From Trading Through Portfolio Accounting for Broad Asset Classes

accounting back-office

We offer a quick turnaround and onboarding process that allows you to be up and running with our data conversion services. Founded in 2003 by three former Arthur Andersen professionals, NDH is a skilled professional services firm providing accounting and tax solutions to a sophisticated clientele. Our staff accountants effectively manage your back-office needs by combining strong accounting knowledge and efficient application of tools. NDH’s training and standard work templates help ensure an accurate and efficient work product. Getting it right the first time saves you the cost of rework typically required using temporary agencies or service bureaus.

accounting back-office

So the business owner or management and take informed business decisions based on our reports. Although back-office staff members do not interact with customers, they tend to actively interact with front-office staff. For example, a manufacturing equipment salesperson may enlist the help of back-office staff to provide accurate information on inventory and pricing structures. law firm bookkeeping Real estate marketing professionals frequently interact with sales agents to create attractive and relevant marketing materials. And IT professionals regularly interact with all divisions within the company to ensure proper functioning systems. Our accountants, fractional CFOs, and tax specialists are dedicated to building a strong finance foundation for your business.

Client Accounting Services

Like all accounting systems, back office accounting needs to have logical processes in place. This includes a process to capture specific information for financial management, activities in place to record transactions into ledgers, and a manner into which a company puts together financial reports. Integrity, accuracy, and validity are all important attributes of any accounting system, and back office accounting systems are no different. Without these processes in place, a company may wind up not knowing anything meaningful about its financial activities.

While frequently unseen, the back office performs critical duties stemming from front desk activities. Valor serves as an oil and gas back office for oil and gas operators and energy investors. We offer oil and gas bookkeeping, revenue accounting and general ledger accounting for oil and gas operators and investors. We process monthly revenue statements and distributions, calculate state, federal and withholding taxes and serve as the liaison between the operator and third parties. We prepare and process monthly joint interest billings and JIB accounting. We prepare and file monthly severance tax reports and state withholding remittance.

One Team, One Low Price

Our customers can access the accomplished work from anywhere at any time through connecting their system to the internet.

  • No matter where you are or how you do business, we have a product that can support you.
  • We understand the varied needs of the different organizations and suggest them the best suitable solution for their unique business problem.
  • We strive hard to provide our customers with world-class service at an affordable rate.We continuously explore new ideas to bring something new to the table.
  • The digital accounting process can help you to get your accounting and bookkeeping work done in stipulated time.

To gain an understanding of the financials while being in sync with the cash flows and the financial health status of the firm is all made possible with our customized QuickBooks services. We empower the firms to take the right decisions in relation to bookkeeping and accounting with our dedicated QuickBooks setup services. Our illustrious list of clients includes the CPAs, Accounting firms and businesses who have benefitted strongly from our dedicated Backoffice QuickBooks accountant services. Baker Tilly’s online systems and services can streamline back office operations for independent operators, investors with a portfolio of non-operated working or royalty interests or brokers of oil and gas investments. This efficiency allows your team to focus on your core business, not on processing and managing your payables, joint interest billing (JIB) statements or revenue distribution checks.

Our Services

Using web-based accounting systems, we staff these positions offsite. QuickBooks is transforming the way accounting is being done across the world. It is the go-to accounting software for business firms be it small or big. Leveraging the affordability of QuickBooks is essential in delivering successful bookkeeping experience for firms.

  • Back Office Accounts Payable Processing Specialists never compromise with their services.
  • Like all accounting systems, back office accounting needs to have logical processes in place.
  • Our reporting services can help management and CFOs to understand their business functions.
  • No matter what part of the oil and gas industry you play in, you face complex regulatory challenges on a daily basis.
  • With back office management software integrated with workforce management data, you have all the information you need to accurately prep payroll for processing, no matter which software you use to run the checks.
  • At the time of its spin-off, the firm had $2 billion assets under management.

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