New Mexico Business Office Services
We manage independent third-party audits with integrity and accuracy. We prepare documents, facilitate communication with auditors, and guide the audit process for efficient and timely audits. Many of our staff have functioned as independent school auditors and are familiar with the process and procedures. We are equipped to handle these tasks with proper internal controls and full documentation.
Your team at K12 Accounting works closely with management and ensures that the school follows the New Mexico Public Education Department rules and guidelines in developing your budget. Our team is experienced in maximizing school funding and often discovers additional revenues that were not being received due to improper reporting. Throughout the fiscal year, our team will work with you to balance and manage your budgets, finding opportunities to save for the greatest impact on students.
Our knowledge ensures that new accounting standards are adhered to and transactions are recorded accurately in the general ledger in accordance with the Governmental Accounting Standards Board (GASB) statements.
Payroll services covering teachers, administration, and contracted personnel, complying with the highest payroll integrity standards.
K12 Accounting can handle large-scale purchasing in compliance with budgetary requirements, federal grants rules, and state procurement rules taking advantage of our experience in purchasing for education entities.
We offer Accounts Payable processing and reporting that keeps vendors satisfied and maintains complex budgets.
We file required New Mexico state financial reporting for unemployment, state withholding, personnel information, and other required disclosures.
We are intimately familiar with the New Mexico Public Education Department’s reporting requirements. Our goal is to provide the best picture of your school’s financial health to state authorities and take advantage of as many funding avenues as possible.
K12 Accounting can handle federal payroll reporting tasks for public school entities including 941, W-2/W-3, 1099s and 1098s.
We provide state and federal reporting, OMB Uniform Guidance compliance, Request for Reimbursements (RfRs) and help with grant applications. Grant selection, application, and ongoing compliance are offered to serve your staff and bring in additional revenue.
We provide in-depth financial reporting that school boards and administration can use to make the most informed decisions that benefit students.
We specialize in most of the leading school financial softwares used in New Mexico public schools, ensuring seamless integration with your current staff and processes. The school will not have to switch financial software providers when you partner with us for your school business office needs.
