Falls Church, VA -- (SBWIRE) -- 04/22/2011 -- Bay Business Group, a company providing online outsourced accounting services, has come up with a solution for government contractors who use QuickBooks. The company connects QuickBooks with web based timesheet that complies with the Federal Acquisition Regulation Part 31 and fulfill the DCAA audit requirements.

Talking about the DCAA QuickBooks, the senior manager of the company stated, "Serving the public interest, DCAA needs to ensure that the taxpayers' money is spent on reasonable contract prices. With our expertise at making QuickBooks compliant to DCAA, providing financial and accounting advisory services and performing all the contract audits for the Department of Defense becomes much easier.

Our 3rd party rate and allocation tool assist DCAA in tracking, rate build-ups and reporting."

For government contractors, the company offers monthly bookkeeping, outsourced accounting, rate calculations and cost pool configurations, payroll for government contractors and DCAA audits. In addition to that they install and support the Indirect Cost Allocation Tool (ICAT) for the government contractors who use QuickBooks.

Adding to the conversation, he spoke of the other services they provide to the government contractors, "Be it bookkeeping, payroll calculations or outsourced accounting, we do all this monthly for you, if you are a small organization and on a daily basis if you are larger. A proud member of Federal Contractor Services Network, we help DCAA provide appropriate results of contract audit services to Federal Agencies."

They provide QuickBooks trainings to ensure that information tracked and entered is accurate. Creating an easy to use accounts chart, creating inventory management and reporting functions, setting up accounts of vendors and customers and reducing repetitive, tedious entries with smart keystrokes is all included in the FCSN QuickBooks setup.

The outsourced bookkeeping services for government contractors alleviates the overhead of managing the requirements of Defense Contract Audit Agency. The company leverages the effectiveness of the Internet to provide an instant access to the financial info and accounting details. Tax strategies, representation with the IRS and other services are also provided by the company.

About Bay Business Group
Bay Business Group is a leading company offering online CPA services. The company holds years of experience and expertise in providing CFO services including audit and IRS support, cash flow management, budgeting, tax planning and more. Known for its small business bookkeeping, Bay Business group provides a structured process to ensure that the books and records are accurate and timely.

Contact Details
Bay Business Group
180 South Washington Street, Suite 200
Falls Church, VA 22046
Phone: 703.533.0888
FAX: 703.533.0741
E-mail: info@bay-biz.com
Website: http://www.bay-biz.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Falls Church, VA -- (SBWIRE) -- 03/15/2011 -- A web-based accounting services provider, Bay-biz, is offering accounting services for nonprofit organizations. If you run a nonprofit organization, you can outsource all your bookkeeping or accounting and focus solely on your organization's main goal. The company is an ideal provider of bookkeeping and accounting services for small businesses and nonprofits.

A senior bookkeeping specialist from the company said, "Nonprofits can put more of their resources towards growing their membership, providing member benefits, programs services, and other mission-driven activities. Our financial accounting services for nonprofits will help them achieve their organization's goals by streamlining their bookkeeping, accounting and 990 preparation. Donations and or dues will be more wisely utilized and they can feel confident that their books will remain in order and up to date."

Bay-biz understands the usual hassle that each small business or nonprofit faces when it comes to its bookkeeping and accounting. Hence, the services provided by the company is designed keeping in mind affordability and reliability, as finance is, in a way, what fuels your business or organization. With this simple effort, your nonprofit organization can rid itself of the need of having an in-house bookkeeper or a CPA. By outsourcing to Bay-biz, you can get a bookkeeping specialist with a 24/7 access and support at a comparatively lower budget than employing one full-time.

The bookkeeping specialist explaining tax preparation for nonprofits added saying, "Even though most nonprofit organizations are exempt from having to prepare tax filings for the federal government, it is still critical to file an accurate and complete Form 990. Compliance with federal and state charity officials is the law. Anyone can request a copy of any nonprofit organization's Form 990, and the Internet has made Form 990s more accessible than ever before. Form 990 is the most commonly used data source about nonprofit organizations. We at Bay-biz are ready with years of experience in the field to render your organization with our best."

The company is known to handle every client with a professional and consultative approach. It only employs seasoned professionals who have acquired years of knowledge and experience in the field of business and nonprofit accounting Virginia, Washington DC and Maryland regions' small to mid-sized businesses and nonprofit organizations can hire Bay-biz's expert services and ensure an accurate and affordable accounting and tax preparation etc.

About Bay-biz
Bay-biz is an ideal choice for outsourced accounting and bookkeeping of your organization or business. Reduced service cost, internal control, specialized handling, fix monthly fee (no surprise hidden costs) etc., are few of the many benefits you receive from the company's services. If you have any further queries, you can contact the company for a free one-hour consultation.

Contact Details
Bay Business Group
180 South Washington Street, Suite 200
Falls Church, VA 22046
Phone: 703.533.0888
Fax: 703.533.0741
Email: info@bay-biz.com
Website: http://www.bay-biz.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Falls Church, VA -- (SBWIRE) -- 01/26/2011 -- An expert online accounting and bookkeeping services provider, Bay-biz, is offering a free one-hour consultation for any business or nonprofit group that is interested in knowing how Bay-biz's outsourced accounting and monthly bookkeeping services can benefit their organization.

During a discussion, the company's spokesperson pointed out the benefit of the company's services for non-profits. He said, "Put more of your resources towards growing your membership, providing member benefits, programs services, and other mission-driven activities. Our financial accounting services for nonprofits help you achieve your organizations goals by streamlining your bookkeeping, accounting and 990 preparation. Donations and or dues will be more wisely utilized and you can feel confident that your books will remain in order and up to date."

The outsourced accounting and bookkeeping services provided by Bay-biz has multiple benefits for each organization. It gives a 24 hours access to financial reports, CPA and bookkeeping services expert for lesser budget as compared to having one as full time in your office. Accurate and on time reports and records so that your business' decision making is never hampered. The company's accounting and bookkeeping services handle all your books and accounts letting you focus more on your core business and other important activities.

Further commenting on the importance of tax preparation for nonprofit organizations, the spokesperson also said, "Even though most nonprofit organizations are exempt from having to prepare tax filings for the federal government, it is still critical to file an accurate and complete Form 990. Compliance with federal and state charity officials is the law. Anyone can request a copy of any nonprofit organization's Form 990, and the Internet has made Form 990s more accessible than ever before. Form 990 is the most commonly used data source about nonprofit organizations."

Bay-biz offers outsourced accounting and bookkeeping services with a high efficiency and accuracy. With a team of experienced bookkeeping and CPA specialists on site, the company assigns one each to every client to assist all their planning. The company's services not only help the clients with bookkeeping and accounting, with the low cost at which the services are offered, the clients can save by doing away with the need for employing an in house CPA or bookkeeper.

About Bay-biz
Bay-biz's services enable you to attend to your business or nonprofit with undivided focus. Its professional and consultative approach assists the clients in the growth of their organization by also assisting them at every step and decision making along with providing bookkeeping, tax and non profit accounting Washington DC, Virginia and Maryland including Alexandria, Arlington, Vienna, Annandale, Reston, Herndon, Rockville, Silver Spring and Bethesda can make the best out of Bay-biz's convenient geographical location at Falls Church, VA.

Contact Details

Bay Business Group
180 South Washington Street, Suite 200
Falls Church, VA 22046
Phone: 703.533.0888
Fax: 703.533.0741
Email: info@bay-biz.com
Website: http://www.bay-biz.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Falls Church, VA -- (SBWIRE) -- 01/07/2011 -- If you are thinking to refinance your loan, but you are not sure whether the interest saved will exceed the refinancing cost, here is a calculator which would do that for you. Bay-Biz.com, a trusted name in bookkeeping, has introduced an online calculator which can compute the financial puzzles and provide you with instant results.

Talking about the calculator, Mr David Bradsher, CPA, and the President of Bay-Biz stated, "Our team of finance experts and software developers have produced a gem of refinancing calculator. You just need to populate the required fields and press the compute button to get the exact information you wanted."

When people refinance at a lower interest rate, they usually pay refinancing costs including points, fees and closing costs. The refinancing calculator can tell you if the amount you save in interest will exceed the financing costs. The calculator can produce the results with optional features such as Graphs, Current Payment Schedule and Refinance Payment Schedule incorporated. The calculated results depend on how long you plan to keep the property.

Online calculators can be quite useful for solving financial puzzles which are just too hard for us to crack. With these, you can easily find the answer to your several financial questions.

About Bay Business Group, LLC
Bay Business Group, LLC is a renowned small business bookkeeping service. Apart from providing accounting service, the enterprise also provides guidance on business planning, tax planning, business strategy, forecasting and budgeting to its clients. Most of its clients are small businesses who need quality outsourced accounting services which can only be availed by larger companies.

Contact Information

Bay Business Group
180 South Washington Street, Suite 200
Falls Church, VA 22046

Phone: 703.533.0888
Email: info@bay-biz.com
Fax: 703.533.0741
Website: http://www.bay-biz.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Falls Church, VA -- (SBWIRE) -- 12/20/2010 -- It is always better to take preventive steps rather than bringing them after the disaster. Implementing the preventive approach to doing business, Bay Business Group, a reputed name in bookkeeping outsourcing, has taken additional steps to make its internal control system leakage proof. The firm is sure the steps would make it impossible for anyone to milk the system.

Discussing the steps taken, a senior executive of the company said, "Control is a serious consideration for any business or organization looking to hire a bookkeeper or accounting staff. Bay Business Group will provide an added layer of protection, minimizing the risk for our clients."

The improvised internal control system of the enterprise aims to protect data assets of the clients, promote efficiency in processing transactions and ensure reliability of financial records. It is designed to provide protection against losses, both intentional and unintentional. Internal bookkeeping procedures have been reworked to provide reasonable assurance that all three objectives will be achieved.

The baseline of the internal control system of Bay Business is the separation of duties. It makes it more difficult for errors to go undetected. It is highly unlikely for two or more employees taking care of the separate aspects of bookkeeping will keep on making the same mistake or be unable to detect one. The process has been improvised to make chances of any error negligible.

About the Company
Bay Business Group, LLC is a reputed small business bookkeeping service and much more than it. The firm also provides guidance on business planning, tax planning, business strategy, forecasting and budgeting to its clients. It focusses on providing small businesses with outsourced accounting service model typically available only to the largest companies.

Contact Information
Bay Business Group
180 South Washington Street, Suite 200
Falls Church, VA 22046
Phone: 703-533-0888
Email: info@bay-biz.com
Fax: 703.533.0741
Website: http://www.bay-biz.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Falls Church, VA -- (SBWIRE) -- 11/24/2010 -- Bay Business Group, a group dedicated to small business financial accounting and bookkeeping services, is now offering its bookkeeping services at lower costs. The group, which has been providing specialized services to small, medium-sized and emerging businesses, has now lowered its fee to expand its client base.

Speaking about the group's decision, a senior official commented, "We felt that keeping the costs low would be helpful for our clients. We cater to the accounting needs of small and emerging businesses, who just can't afford to hire a high cost bookkeeping service. We too need to expand our client base to strengthen our position."

The group is hopeful that its strategy will work and show positive results in near future. Their services include a range of features such as online data that provides easy access, Notifications indicating payroll processing time, Real-time preview that ensures accurate results, Guaranteed accurate federal, state, local and voluntary with holding calculations, and Client accessible portal that provides payroll processing comprehensible reports.

Bay Business Group leverages the efficiencies of a dedicated small business bookkeeping, payroll and tax processing services. They offer their clients the flexibility to outsource individual functions like entire internal accounting and payroll functions to them, letting them focus on their core business.

About Bay Business Group
Bay Business Group caters to the needs of small, medium-sized and emerging businesses offering them specialized outsourced accounting services that would empower them to focus on the core of their business instead of spending valuable time on complex financial issues. Their services includes guidance on business planning, tax planning, business strategy, forecasting and budgeting.

Contact Information
Bay Business Group
180 South Washington Street, Suite 200
Falls Church, VA 22046
Phone: 703.533.0888
Fax: 703.533.0741
Email: info@bay-biz.com
Website: http://www.bay-biz.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm