Streamline Your Insurance Agency Finances with Confidence
Remote Book-keeping Online Your Trusted Partner in Professional Bookkeeping Solutions
Welcome to Remote Book-keeping Online - Your Trusted Partner in Insurance Agency Bookkeeping
At Remote Book-keeping Online, we understand the intricate financial landscape of insurance agencies and MGAs (Managing General Agents). Efficient bookkeeping is not just about numbers; it’s about ensuring compliance, managing cash flows, and freeing up your time to focus on client relationships and business growth.
Bookkeeping Tasks in Insurance Agencies
In an insurance agency or MGA, precise financial management is paramount. Here are the core bookkeeping tasks we specialize in:
Premiums and Commissions Tracking
We meticulously record incoming premiums from policyholders and track commissions earned from insurance carriers, ensuring accuracy and transparency in financial transactions.
Client Accounts Management
We oversee client accounts receivable and payable, managing refunds, adjustments, and ensuring timely invoicing and payments, enhancing client satisfaction and financial stability.
Claims Payments and Reserves
Our team manages payments for settled claims and estimates reserves for outstanding claims, optimizing cash flow management and ensuring adequate financial provisions.
Financial Reporting
Our experts prepare comprehensive monthly, quarterly, and annual financial statements, along with detailed management reports tailored to your specific needs, facilitating informed decision-making and regulatory compliance.
Agency Expenses
From office rent to vendor payments, we record and categorize all expenses accurately, providing you with clear insights into your operational costs and expenditure patterns.
Tax Compliance
We calculate and remit sales tax where applicable, and meticulously prepare all necessary documents and reports for seamless annual tax filings, ensuring compliance with tax regulations.
Reinsurance Transactions
Handling reinsurance premiums and claims recoveries is critical. We track these transactions and reconcile reinsurance accounts to maintain financial integrity and compliance.
Audit and Compliance Support
Facilitating audits, whether internal or external, is part of our expertise. We ensure your financial records are audit-ready and compliant with industry regulations and standards at all times.
Software Solutions for Efficient Financial Management
Choosing the right software is crucial for streamlined operations. Here are some of the industry-leading software solutions we integrate seamlessly with:
Why Choose Remote Book-keeping Online?
Expertise
Our team comprises Certified QuickBooks ProAdvisors and Xero-Certified Advisors with deep industry knowledge, ensuring your financials are managed with precision.
Security
Your data security is paramount to us. We employ robust encryption and secure storage measures to protect your sensitive financial information.
Efficiency
We streamline your bookkeeping processes, freeing up your time to focus on core business activities and client relationships.
Compliance
We ensure your financial records are accurate, audit-ready, and compliant with industry regulations and standards.
Take Control of Your Finances Today
Bookkeeping Services Price List For Small Business
Select from three budget-friendly and adaptable options. We collaborate with you to tailor bookkeeping solutions to fit your unique business requirements and financial constraints. Rest assured, all our plans include a dedicated, certified bookkeeper.
Beginner
$95
/month
Customized for Startups & Micro Businesses (includes accounting software subscription)
Intermediate
$150
/month
Single checking account (includes accounting software subscription) – Unlimited Transactions
ENTERPRISE
$175
/month
For two to nine bank accounts – Unlimited Transactions ($175 to $350 including accounting software subscription) OR Unlimited expenses up to $10k across any number of accounts or transactions
Bookkeeping Services Price List for Medium to Large Businesses
Explore our tailored bookkeeping solutions designed to meet the unique needs of medium to large businesses. Our flexible pricing options ensure that you receive top-notch service from a dedicated, certified bookkeeper, customized to fit your business’s scale and financial goals.
Dedicated Bookkeeper Plans
Basic Plan
$1,000
/month
Hourly Rate: $25/hour
Minimum Commitment: 40 hours per month
Total Monthly Cost: $1,000
Standard Plan
$2,000
/month
Hourly Rate: $25/hour
Commitment: 80 hours per month
Total Monthly Cost: $2,000
Premium Plan
$4,000
/month
Hourly Rate: $25/hour
Commitment: 160 hours per month
Total Monthly Cost: $4,000
Additional Information:
- All plans are billed monthly.
- Extra hours beyond the committed amount are billed at $25/hour.
- For adjustments to your plan or additional services, please contact us.
Our services are designed to provide comprehensive support for your business’s bookkeeping needs, ensuring accuracy and efficiency with every transaction.