Accounting

1. Full or Partial Bookkeeping Services

If a full bookkeeping service is not required, we can work with you at carving out any of the items below to help augment your existing resources.

1. Accounts Receivable
   • Managing the company’s accounts receivable, which involves tracking and payments owed by customers, monitoring payment deadlines, and recording the items in ledger.
   • Provide list of delinquent accounts for company’s internal follow-up collections efforts. (Castle Stone does not perform collections services)
2. Accounts Payable
   • Managing the company’s accounts payable, which involves tracking and paying bills owed to suppliers and vendors.
   • Ensuring accurate recording of payables, and monitoring payment due dates.
3. Bank Reconciliation
   • Reconciling bank statements with the company’s accounting records to ensure accuracy and identify any discrepancies.
   • Comparing transactions recorded in the company’s books with those in bank statements and resolving any differences.
4. Transaction Recording
   • Recording all financial transactions such as sales, purchases, receipts, and payments in the appropriate accounting journals or ledgers.
   • Transactions may include sales invoices, purchase orders, receipts, checks, and bank statements.
5. Payroll Processing
   • Tracking all payroll items in accounting ledger.
   • Entering fund transfers to cover payroll as necessary.
6. Basic Financial Reporting
   • Compiling financial statements such as the income statement, balance sheet, and cash flow statement.
7. Internal Controls:
   • Establishing and maintaining internal controls to safeguard assets, prevent fraud, and ensure accuracy in financial reporting.
   • Conducting periodic audits and reviews to assess the effectiveness of internal controls and identify areas for improvement.
8. Revenue Assurance
   • Vendor Reconciliation
     • Compare vendor invoices with internal reports to ensure the invoiced amount is correct.
     • Identify discrepancies between vendor invoices and actual expenses.
     • Provide reports back to the company to use for processing vendor invoices or follow-up for dispute management.
9. Vendor Dispute Management
   • • • Analyze provided data from company’s internal systems against provided vendor data to identify cause of discrepancies.
       • Provide reports outlining discrepancy details and suggested resolutions for internal and/or vendor contacts.
10. Customer Dispute Management
    • • • Determine if enough detail has been provided to further analyze the dispute based on contract terms, deadlines, and sufficient examples outlining the discrepancy.
        • Analyze the customer’s provided data and provide reports with steps to either correct the discrepancy internally or provide feedback to the customer as to why their dispute is invalid.
          • Steps to correct may include issuing credits, updating internal systems with correct info, opening tickets with vendors, and/or other actions as deemed necessary.
11. 499/USF Filing Preparation
    • • • Enter provided information onto form(s) needed to submit to necessary websites and/or agencies.

Additional Services

1. Regulatory
   • Business Impact Analysis – Help a company understand changes in regulatory rules and how that can impact their business.
   • FCC Regulatory Filings – Robocall Mitigation Database, Intermediate Provider Database, Reassign Phone Number Registry, CPNI
   • Robo Call Mitigation Planning and Document creation.
   • KYC Process Evaluation.
2. M&A Analysis and Planning
   • M&A Analysis – Business and Financial Reviews
   • M&A Analysis – Technology and Process Reviews
   • M&A Integration Planning
   • M&A Integration Project Management
3. Telecom Product Management and Evaluation
   • Provide evaluation and competitive analysis of product offering.
   • Work with leadership team to identify new potential products to offer customer base.
   • Evaluate 3^rd party solutions for additional offerings based on product/customer need.
   • Provide resources and expertise in wholesale customer pricing.
4. Operations Evaluations and Project Management
   • Evaluate and provide suggestions for improved operational processes.
   • Provide resources for project managing larger multi department projects.
   • Vendor evaluation and optimization.
   • Customer evaluation and optimization.
   • Vendor Rate Deck prep and loading.
5. Technology Evaluations and Planning
   • Evaluate current technology and provide suggestions for acquisition of new solutions based on leaderships roadmap and business plans.
   • Hardware RFP Evaluations and project manage installation and migrations.
   • Software Development Management of Internal or External resources to develop solutions based on leaderships priority and roadmap.
6. Data Analytics
   • Evaluation of business KPI and provide results based on leadership requirements.
7. Vendor Acquisition and Management
   • Based on client needs we can procure vendors.
   • Vendor management based on company requirements and reporting data.