Let Us Be Your Trusted Advisors

As a government contractor, your needs are unique and finding an experienced accounting firm to assist in your client accounting solutions is a must. You need a firm that provides a strategic advantage in navigating the complexities of financial management within the public sector. With a steadfast commitment to excellence and a proven track record of delivering tailored accounting services, BMSS offers comprehensive support that aligns seamlessly with your specific needs and objectives. Our team of dedicated professionals brings extensive experience in government contracting, ensuring meticulous attention to regulatory compliance, transparency, and efficiency in financial operations. By leveraging our expertise, you can confidently streamline your accounting processes, optimize cost controls, and enhance decision-making capabilities, all while maintaining compliance with federal guidelines and regulations.

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Payroll

Payroll is a critical function for any business. While it might seem straightforward, payroll involves many components —from calculating wages and taxes to ensuring compliance with labor laws. A mistake in payroll can lead to legal issues, disgruntled employees, or financial penalties. Through our concierge payroll service, we can ensure that your company’s payroll and payroll tax returns are prepared accurately and efficiently.

Our staff is experienced and familiar with the following payroll systems:

  • QuickBooks
  • Paychex
  • Paylocity
  • PBS
  • ADP
  • BambooHR
  • Insperity
Indirect Rate Support

In the government contracting world, indirect rates are a cornerstone of financial management. By accurately setting, monitoring, and adjusting these rates, contractors can ensure compliance, improve profitability, and enhance their competitive edge in the bidding process.

For government contractors aiming to maintain financial stability and long-term success, a well-managed approach to indirect rates is essential. Mismanagement of indirect costs can lead to financial losses and even jeopardize the viability of a contract.

Through strategic oversight and effective cost management, contractors can turn indirect rates from a compliance requirement into a powerful tool for profitability and growth. Our team can provide support when it comes to calculating and managing your indirect rates.

Invoicing

Working with government agencies entails unique requirements and stringent compliance regulations, especially regarding invoicing. For government contractors, an accurate, timely, and well-structured invoicing process is not only a best practice but a crucial requirement. Proper invoicing procedures help to ensure consistent cash flow, mitigates risks of audits, and builds trust with government clients. Our team is experienced in invoicing across all contract types and in various invoicing systems. We have streamlined this task to produce error-free invoices ready for submission to your customers.

Month-end Financial Statements

Month-end financial statements are essential tools for assessing a company’s financial health, enabling informed decisions, and ensuring accurate reporting. These statements offer a snapshot of a company’s financial performance and provide insights that help business owners understand their overall financial status. Completing month-end financials not only helps with tax and audit preparation but also offers insights that can drive a company’s growth. We can provide detailed financial statements on a monthly or quarterly basis that are tailored to your company’s needs. We will sit down with you as often as needed to go over these financials to ensure that you understand and are able to use the data to work towards your financial goals for your business.

CFO Outsourcing

In today’s dynamic business environment, financial management has become more complex and critical to success than ever. Small businesses and startups often face unique challenges when it comes to financial leadership —from limited budgets to a shortage of specialized expertise. CFO outsourcing offers an efficient solution, providing high-level financial guidance without the need to hire a full-time executive. We are able to help fill this role and alleviate the stress of financial management for our clients, so that they can focus on their technical expertise and growing their business.

Financial Analysis Review

At BMSS, we specialize in providing comprehensive financial analysis reviews to help businesses gain deeper insights into their financial performance. Our expert CPA team carefully examines your financial statements, cash flow, profitability, and operational efficiency to identify key trends, strengths, and areas for improvement. We provide actionable recommendations to optimize your financial strategy, manage risks, and drive growth. Whether you’re planning for expansion, improving cost control, or enhancing decision-making, our detailed analysis ensures that you have a clear, accurate financial picture to guide your success.

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