Providing Accounting Services for Your Business in the US
ISUPPORTU provides a state-of-the-art online accounting application. You will have access to the system regardless of where you are located. This platform will be designed to meet your business needs but customizing your chart of accounts, invoices, statements, terms, etc…
ISUPPORTU will interface you accounting platform with your bank account, PayPal, and our international currency exchange transfer provider. From this platform you can see the status of all your clients, your bank balances, PayPal balances, and funds in transfer.
ISUPPORTU will manage your accounts receivables, accounts payable, chart of accounts, customers, vendors, invoices, terms, etc… We pride ourselves in making our platforms as open and accessible as possible.
Receivable Management
Manage Your Cash Flow
ISUPPORTU follows sound receivable management practices and we can keep your collections steady and predictable. You will have access to the accounting platform and can see your cash reserves in real time regardless of whether your funds are in a bank account, inbound via a wire transfer, or sitting in your PayPal account. Regardless, you will have real time access to viewing your available funds 24/7 365. This feature ensures that you have the necessary knowledge to manage your cash flow to meet your obligations.
Reduce The Risk Of Bad Debt
ISUPPORTU, as every business, is familiar with the consequences of unpaid bills. Funds that have not been received in a timely manner are funds that are not available to conduct your everyday obligations. Complicating the matter further is when you are attempting to collect those funds from offshore. By having a US Branch Office eliminates this obstacle and improves your ability to collect funds in a timely fashion.
Identify Low Risk Customers
ISUPPORTU tracks all your customers and their payment performance. With this information, and knowing you have a US presence, you have the opportunity to improve your relationship with your customers by giving them discounts and offers for maintaining a steady payment record. This can improve the business relationship between your business and your customers.
Payable Management
same Day Disbursement
ISUPPORTU performs payable management functions that are customized to address your business needs. Unlike the normal practice of payables management (e.g., determining payment terms, managing payments, obtaining trade credit, and financing purchases) we take our instructions from you.
We are capable of disbursing funds to just about anywhere in the world and in the currency accepted by the destination bank. It goes without saying that countries, individuals, banks, or businesses that are sanctioned or blockaded by the US government, we cannot transfer funds to.
Account Reconciliations
Monthly Reconciliations
ISUPPORTU performs reconciliations on a monthly basis. Bank reconciliations are normally made available within the first week of the month. PayPal is on it's own timetable. Whenever these statements are released, we perform an account reconciliation. Following the reconciliation we email you a copy of the statement for your own personal records.
In light of our policy regarding transparency, you will be provided online access to your bank account and PayPal account as well. By accessing those portals you will be able to download and print copies of your statements.