Daily Money Management

Daily money managers (DMMs) provide personal business assistance to clients who have difficulty in managing their personal monetary affairs. The services meet a continuum of needs, from organizing and keeping track of financial papers, to assisting with check writing and maintaining bank accounts.

Who needs the help of a DMM?

There are many factors which contribute to the need for a DMM. DMMs work with senior citizens, people whose careers make it difficult for them to find time for their own paperwork, and with people whose medical issues simply make it difficult to keep up with their finances, among others.

Within the senior client base, most have a need for DMM services due to a physical change precipitated by the aging process, such as limited vision, arthritis or other conditions which limit the ability to write, dementia, or a simple loss of ability to follow through on tasks. Some others are so active in their retirement that travel and social activities make it difficult to keep up with paperwork, and they prefer to simply let someone else handle things for them.

It is not uncommon for the adult child of an older person to seek the assistance of a DMM if the child does not feel they have the time or ability to maintain their parents’ affairs.

What types of tasks a DMM will handle? 

• The expertise of DMMs covers a broad range of tasks, and the actual work they do depends on client need. However, the scope of a DMMs work generally includes the following:
• Bill-paying, including calls to payees regarding incorrect bills and preparation of checks for clients to sign.
• Balancing checkbooks and maintaining organization of bank records.
• Preparing and delivering bank deposits.
• Organizing tax documents and other paperwork.
• Negotiating with creditors.
• General organization assistance.
• Providing referrals to legal, tax, and investment professionals.
• Some, but not all, DMMs will also provide additional services, such as:
• Notary services
• Maintaining home payroll records for use in preparation of payroll tax reports
• Preparation of payroll checks for home employees including calculation of Federal and state withholding and FICA taxes

Services

QUICKBOOKS®  CONSULTING

We provide Implementation, Onsite Training, and Support.

BOOKKEEPING

Accounts Receivable

Accounts Payable

Payroll Services

Bank Reconciliation

Financial Reporting

Cash-flow Management

Write-up Services

Personal Money Management

This is a Personally Tailored Service

Bill Paying

Checkbook Balancing

Organizing Financial Documents

NEW BUSINESS SET-UP

Prepare forms to set-up a Corporation, LLC, or Partnership

Prepare forms for Federal and State Identification Numbers

OTHER SERVICES PROVIDED

Business Insurance Review

Excel® Spreadsheets

Word Processing

Notary Public

Label Printing for Mass Mailings

The Benefits of Outsourcing Your Bookkeeping

As a business owner, you know all too well that one of the most important parts of running an efficient and viable business is keeping your books in order. While many business owners do their own books or have an accountant on their staff, there are numerous benefits to outsourcing your accounting needs.
In this article, we will discuss the various ways that using our services can help you and your company perform better, cut costs, and improve your bottom line.

The ways that we are able to help you improve your bookkeeping are the expertise, knowledge, and experience that we bring to our relationships with our clients. Accounting can be complicated at times, and it is important that whoever is doing your books has an extensive background in accounting, as well as more than just a general understanding of the latest accounting systems. When you work with a professional accountant, you are ensuring that you have a knowledgeable specialist on your side that will use all of their expertise to your businesses’ advantage. This guarantees that your bookkeeping is done quickly and most importantly, accurately.

Rush Business Services is the perfect company to provide you with the peace of mind that professional bookkeeping can give you. We are a member of the American Institute of Professional Bookkeepers, National Bookkeepers Association, and American Association Of Daily Money Managers, and experts in the Quickbooks® and Quicken® accounting systems. We have been helping businesses just like yours for over 20 years, and we understand the value of personalized service. We will provide highly skilled, efficient bookkeeping services that are designed to meet your specific needs as a company. As a small business ourselves, we take pride in working closely with our clients and making sure that their every need and concern is taken care of.

There are many ways that using our services can benefit you and your company. Just a few of these benefits are:

• Keeping you updated on all of the financial aspects of your business. No longer will you have to keep track of numerous dates and deadlines or worry about spotting an error in your books….we keep you up to date with everything and stay conscious about your business’ books so that you don’t have to.
• No staff to supervise. We save you time by eliminating the need to have a bookkeeper on your staff to manage. You only see us when we are taking care of your books, which frees up time for you to do what you do best, which is running your business.
• No employee benefits to pay. By outsourcing with us you improve your bottomline by eliminating the need to pay a consistent salary and benefits to a staff bookkeeper.
• Flexible scheduling available. We work with you to create a bookkeeping schedule that is right for your company.
• We work closely with your CPA for all year-end reporting.
  
• We work closely with business insurance agents to ensure proper coverage at the best rates. This is a vitally important way that we can immediately help your company save money and get the best value on your insurance, which is a crucial part of any business.
• Personalized service and a reputation of trust. We take great pride in the relationships that we have built with our clients. We know that every company is unique, with special needs and concerns. We make sure that we get to know your company well, and provide you with personalized service tailor-made for your business. We also pride ourselves on an impeccable record of high standards and integrity with our clients. Your books are very important and private and with us you can rest assured that they are in good hands.

As you can see, there are many good reasons to consider outsourcing your bookkeeping and business services needs with us. In fact, many of our clients tell us that outsourcing with us is one of the best business decisions that they have made and has helped them immensely. Please contact us today if you would like to speak with us about the specific ways that we can help your company. Thank you for reading and we look forward to hearing from you!