Supporting Strategies | Northern Virginia: Bookkeeping Services

Are you looking for expert bookkeeping and controller services in Alexandria, Arlington, Tysons and Northern Virginia?

Supporting Strategies | Northern Virginia provides custom, high-quality bookkeeping and controller services throughout Northern Virginia, including:

• Alexandria
• Arlington
• Fairfax
• Falls Church
• Lorton
• Manassas
• Merrifield
• Mount Vernon
• Reston
• Springfield
• Tysons
• Vienna
• Woodbridge

As a local outsourced bookkeeping and controller services firm with the resources of a national practice, we excel at customer service and in implementing best practices to drive efficiencies and productivity for small and medium-sized businesses.

Supporting Strategies | Northern Virginia acts as an extension of your team. Our highly educated and skilled professionals develop a thorough understanding of your operations and implement proven practices to help you meet your goals. We leverage best-in-breed technology to ensure efficient processes, maintain proper controls and keep costs low. And our team-based approach means you can count on us to be there for you.

Clients rely on our team for day-to-day bookkeeping and controller services such as:

• Revenue and accounts receivable
• Expenses and accounts payable
• Payroll administration: processing, and journal entries and reconciliations
• Bookkeeping and month-end close: journal entry adjustments as needed and reconciling balance sheet accounts
• Delivering a monthly financial package, including the balance sheet, income statement and statement of cash flows
• Management reporting, including cash reporting, budget vs. actual analysis and a key performance indicators (KPI) dashboard
• Sales-tax filings
• Fulfilling requests from your CPA
• Audit preparation
• Fielding and coordinating filings with state and government agencies
• Collecting W-9s and managing submission of 1099s
• QuickBooks bookkeeping
• Work in progress (WIP)

We also offer specialized industry-specific bookkeeping and controller services, such as:

• DCAA-compliant bookkeeping
• Law firm trust accounting
• Nonprofit accounting
  
  

Bookkeeping for Government Contractors
Government contracting is unlike any other business, particularly here in the D.C. Metro and Northern Virginia region. We appreciate the importance of DCAA-compliant financials. The same goes for accounting and documentation requirements related to time and billing, the need for an audit trail and the level of effort required to keep your books DCAA-compliant and audit-ready.

In addition to our day-to-day bookkeeping services, our government contracting team has the experience and knowledge to help your company with GovCon industry-specific tasks, such as:

• Reconciling payroll to direct and indirect labor distribution accounts
• Setting up projects in the accounting and timesheet system, including assisting in collecting timecards
• Job cost reporting
• Indirect cost allocation
• Incurred cost submission (ICE)
• Government contract billing support, including WAWF and customer-specific payment systems

We provide bookkeeping support to small and mid-sized government contractors up to $50+ million in annual revenue. If you just won your first contract, we will help with setting up a DCAA-compliant accounting system with QuickBooks.

Bookkeeping for Nonprofits
Accounting for nonprofit organizations is fundamentally different from accounting for for-profit businesses.

As a nonprofit leader, your focus — and your budget — is on your organization's mission. With a high level of expertise in nonprofit bookkeeping, including in grants management and fund accounting, Supporting Strategies will improve financial transparency for your board, make sure your books are done correctly and provide guidance and analysis to help you make better strategic decisions for your nonprofit.