In light of today’s technology Phil, an entrepreneur and small business owner, identified the need and benefits of outsourcing bookkeeping to the right, trusted individual. Since 2009, Phil d.b.a. Abacus Business Solutions has offered full charge bookkeeping services to a diverse group of clients from mid-size companies to sole proprietors throughout Fairfield County. -Customized service offerings range from data entry of accounts payable invoices, preparation of bank deposits and basic bookkeeping reporting to processing payroll, timely filing of sales tax and withholding reports and handling all of a company's banking needs, including reconciling monthly bank statements and monitoring cash flow and preparation of monthly and quarterly financial reports. -Phil typically reports directly to the owner of the company and often functions as the liaison between the owner and the organization’s CPA firm. With his customized, hands on approach he may wear many hats, particularly in smaller companies. This could include working or advising in areas such as purchasing, inventory and human resources.-His small business experience gives him unique knowledge of industry standards and the ability to identify deviation from the norms; often recommending alternatives that save unnecessary expense and drive profits.