Bookkeeping
The Bookkeeping service is designed to help businesses and individuals manage their financial records in an efficient and organized manner. From tracking income and expenses to ensuring compliance with tax regulations, our Bookkeeping service provides expert support for all your financial needs. With experienced qualification, we offer tailored solutions to meet your unique requirements. Whether you're a small startup or a large corporation, our Bookkeeping service can streamline your financial processes and help you make well-informed business decisions.
In Bookkeeping we get you covered in all of the following areas,
1. Data Entry:
- We do recording of all financial transactions, including sales, purchases, expenses, and payments while maintaining the general ledger.
- Ensuring that the total debits and credits in the ledger are equal, maintaining a balanced financial record.
2. Bank Reconciliation:
- Comparing your financial records with bank statements to ensure accuracy and identify any discrepancies.
- Confirming the validity of transactions against supporting documentation, such as invoices and receipts.
3. Accounts Receivable (and Credit Control):
- Generating and sending invoices to customers, specifying the amount due and payment terms.
- Following up on outstanding invoices and managing credit terms to ensure timely payment.
4. Accounts Payable:
- Invoice Verification: Checking the accuracy of invoices from suppliers before payment.
- Payment Processing: Ensuring that invoices are paid on time.
5. Reporting:
- Preparing and summarizing the your financial position, through financial statement.