Bookkeeping
About Accounting & Bookkeeping
Organisations have transactions that need to be recorded appropriately on a day-to-day basis in compliance with generally accepted accounting principles and maintained in order to have a steady financial record.
Bookkeeping reinforces the state of business and helps generate consistency in recording, tracking, compliances, and reporting.
Our Service Offerings
Accounting & Bookkeeping would include:
• Recording of Purchases and Sales
• General Ledger (GL) Accounting
• Fixed Asset Accounting
• Bank and Cash Reconciliations
• Monthly Accounts closing
• Year-end Accounts Finalization and Audit Support
Why Bookkeeping?
Documentation: Bookkeeping lays the foundation for producing financial statements and assists in managing cash flows & tax compliance since they are inextricably linked.
Ease of use: Bookkeeping lessens the tax filing complications and audits. Proper accounting and bookkeeping give management and investors the much-needed precise financial information representing the business’s financial position.
Problem Identification: Bookkeeping helps in identifying problems earlier if any. Precise and consistent bookkeeping allows a business to report and share its financial status and address any issues with the stakeholders.
How we do?
Advisory
An audit is an independent examination of financial information of any entity, irrespective of its size or legal form
Transaction Processing
Transaction processing refers to processing the data into a meaningful information or a record
Custom Reporting
Accounting involves recording and classifying all expenses and incomes in their respective categories.
Payroll Management
Payroll management is one of the most essential functions of a HR department.
Compliance
Compliance generally means acting according to set of rules and regulations. it is also confirming to the law
Taxation and Related Compliance
Taxation is the process of arriving at applicability of taxes for an organization; amount of taxes owed to the authorities