Oklahoma Consulting & Accounting Services, LLC

All of the following services include providing guidance on OCAS coding issues and requirements and representation on these matters when communicating with the Financial Accounting Department of the Oklahoma State Department of Education.

Treasury & Reporting Services

Our Treasury and Reporting services include monthly coding and receipt of all revenue and reconciliation with month-end cash balances. Monthly budget tracking and financial statements are provided to the board and the administration as well as a running fund balance projection for the end of the year. Preparation of the annual Estimate of Needs is also included. Forms 307 and 308 for the addition of appropriations are prepared on an as-needed basis.

Non-Profit Tax Reporting

An optional addition to our contract (if applicable) is preparation of the annual Form 990 tax return for exempt organizations. Our firm is committed to helping you stay in compliance with State and Federal taxing agencies to ensure continuation of your non-profit status.

Payroll Services

Our Payroll services include processing regular and special payrolls and payment of all payroll liabilities, including taxes, teacher's retirement and insurance benefits. In addition, we prepare and file all payroll tax reports and ensure proper coding for claiming expenses under state and federal programs.

Accounts Payable

Accounts Payable services include the processing and issuing of purchase orders for appropriated and activity funds, payments from those purchase orders and reviewing the coding of expenditures to ensure compliance with regulatory agencies. Our firm is also available at any time to answer technical or process-related questions.