Outsourced Accounting Services in Austin

Reliable Reporting. Better Business Decisions.

Your accounting should keep pace with your business. Financial Foothold provides accounting operations for Austin companies that need current records, a dependable monthly close, and clearer responsibility for recurring financial work.

We coordinate bookkeeping, reconciliations, reporting, and agreed administrative services within one accounting process. Your engagement defines what our team handles, what your team approves, and the information needed to complete the work.

Accounting Support for Your Daily Operations

Bookkeeping and Account Reconciliations

We record and categorize financial activity, reconcile bank and credit card accounts, and reconcile other balance sheet accounts within the agreed scope. Discrepancies and questions are identified for resolution.

Monthly Close and Financial Reporting

We follow a defined close process and prepare financial statements from the updated records. Timely answers and complete supporting documents help us deliver reporting on the agreed schedule.

Accounts Payable and Receivable Support

We can help organize vendor bills, customer balances, and related accounting records. Payment processing, invoicing, and collection support depend on the responsibilities included in your engagement.

Payroll Administration

Our payroll administration services help Austin employers coordinate payroll with their accounting records. Support may include:

Coordinating payroll inputs and approved compensation changes.
Supporting payroll processing through the company’s payroll platform.
Recording payroll expenses and liabilities in the accounting system.
Allocating payroll by department, class, or location where required.
Reconciling payroll records and addressing accounting discrepancies.
Coordinating payroll reports and year-end W-2 information with the payroll provider.

We establish responsibilities for payroll approval, tax payments, and filings at the start of the engagement. The payroll platform’s role and our administrative role are clearly defined. Payroll administration does not include HR consulting or employment-law advice.

Sales Tax and Year End Coordination

Where included, we support sales tax reporting and coordinate accounting records for year-end review by your tax preparer. Contractor payment tracking and 1099 reporting can also be included as a separate accounting responsibility.

Accounting Operations FAQs

Can you use our existing payroll platform

We review your platform and workflow to determine how we can support it. Responsibilities and system access are agreed before payroll administration begins.

Is payroll automatically included

Payroll administration is available within an accounting engagement. The exact services are specified in your proposal and engagement agreement.

Do you prepare income tax returns or provide HR consulting

Accounting Operations does not include federal or state income tax return preparation, HR consulting, legal advice, or audit and assurance services. We can coordinate accounting information with your existing advisors.

Establish a More Dependable Accounting Process

Tell us which accounting and payroll responsibilities are taking time away from running your business. We will discuss a scope that fits your operations.

Related links: Bookkeeping Services | Controller Oversight | Accounting Cleanup