Insurance

ACCOUNTING FOR INSURANCE COMPANIES

The ongoing pressure to enhance business efficiency has prompted numerous insurance companies, agencies, and brokers worldwide to explore innovative approaches such as outsourcing accounting services. A&T's scalable accounting services for insurance businesses alleviate the challenges associated with staffing and managing in-house bookkeepers and accounting professionals. We offer a level of reliability, consistency, and expertise that is typically unique to the insurance industry. By utilizing a fractional share of a complete accounts division, you can enjoy the benefits of necessary capabilities without any hassle. Bookkeeping, account reconciliation, tax preparation, and other accounting services for insurance companies are just a few of the offerings we provide. Our team can handle all your daily accounting and bookkeeping tasks using advanced insurance agency accounting software, allowing you to focus on efficiently running your business. Additionally, we can set up the accounting software of your choice, train your staff, and assist you in its in-house use. We can monitor your insurance bookkeeping on a monthly, quarterly, or yearly basis, ensuring that our clients have sufficient control over accounts, with regular follow-ups on outstanding invoices and comprehensive reporting on account activities.

Our Accounting services for Insurance briefly include ;

  • Monthly/Quarterly/Yearly Financial Reports
  • Preparation of Tax Returns
  • Management Reports
  • Payroll Processing Services
  • Fixed Asset Management
  • Financial Analysis
  • Income Statement and Balance Sheet Preparation
  • Accounts Payable/Receivable Services
  • Insurance Data Entry
  • Carrier Statement Reconciliation
  • Maintaining General Ledger
  • Customized Reports
  • Tax Authority Reconciliation
  • Retail Agent Reconciliation

Copyright © 2017-2020 | AT-AccountsTaxes

All rights reserved