Proposal for Services
For a negotiated fee per store, per month (plus expenses), McNarie & Associates will be responsible for the following services:
Accounts Payable – McNarie & Associates will process payables for all operating bills such as rent, utilities, advertising invoices, note payments and taxes. This also includes weekly royalty and commissary payments to Domino’s Pizza, LLC. 1099s will be processed and distributed by January 31st of the following year at a per 1099 additional cost. All payable invoices will need to be sent directly to McNarie & Associates.
Payroll – McNarie & Associates will set up and maintain all payroll records for a bi-weekly payroll system (other payroll types will need to be discussed). Please note our services exclude maintaining personnel records, however if required it can be negotiated. Special attention will be paid to Federal and State tax requirements to make sure the client is in compliance with current laws. Payroll taxes will be calculated and paid correctly and timely according to the clients individual requirements. W2s will be processed and distributed by January 31st of the following year at a per W2 additional cost. Check stock and miscellaneous supplies will be purchased in large quantities and billed to the client per usage.
Financial Statements – McNarie & Associates provides complete Financial Statements to you–including standard reports such as Balance Sheet and Income Statement (P&L)–usually within one week after the close of an accounting period. These statements come with a full review, highlighting problem areas.
Currently, McNarie & Associates has the ability to pull reports from Pulse stores using a specialized software package developed for us that includes the use of Franchise Office System (FOS), Remote Desktop, and VNC Viewer programs. The client will need to provide their individual VPN client user and password, as well as allow GLS to speak with McNarie & Associates on their behalf. In addition, the client will need to provide bank statements (or access to retrieve them) to reconcile the accounts.
Additional Services
Year End Tax Compilation – McNarie & Associates’ services do not include the compilation of year-end taxes. However, McNarie & Associates can make a separate arrangement for these services with an outside source should the client require them. Fees and requirements for this service will be determined at that time.
Accounts Receivable – McNarie & Associates’ services do not currently include the processing of invoices and payments for pizza paid on account. However, if this service is required fees will be determined on a case by case basis.