Bookkeeping Services

Daily Bookkeeping

Daily Bookkeeping Services including sales entries, purchase entries, bank transaction entries and expense allocation by executives with strong accounting and mathematical skills include:

• Balancing the books, including bank and cash accounts (reconciliation/cash flow)
• Collecting dues from your customers (credit control)
• Dealing with other financial company information and administration
• Ensuring monthly/quarterly processing is completed
• Financial reporting and performance
• Managing & monitoring your expenses
• Preparing & managing your cash flow, budgets & forecasts
• Stock valuations followed by business plan preparation for you
• Preparing your company accounts/financial statements (profit & loss, balance sheet)
• Processing VAT returns and maintaining compliance
• Recording all your sales and purchasing transactions (accounts payable/accounts receivable)

General Ledger Maintenance

General Ledger Maintenance, to showcase the permanent summary of all your supporting journals including sales and cash receipts, cash disbursement journals and more, include:

• Reconciliation of your general ledger with vendor invoices
• Recording of all expenses and income
• Maintenance of various ledger and sub-ledger accounts
• Fixed asset accounting, including capitalization, depreciation, etc.
• Reconciliations – bank, branch, inter-company, ledger and sub-ledger
• Month-end and year-end closing
• Consolidated financial reporting
• Taxation and regulatory compliance
• Preparation of financial statements and reports

Bank Reconciliation

Bank Reconciliation Services, to ensure your company records including check register, general ledger account, balance sheet, etc. are accurate and so are the bank records, include:

• Full and partial reconciliation
• Periodic reconciliation of your bank statements with your internal financial records
• Periodic reconciliation of your merchant accounts like PayPal / CC Avenues
• Creating bank reconciliation reports

Credit Card Reconciliation

Credit Card Reconciliation Services to verify the integrity of data between your credit card statements or associated reports from merchant services providers with your internal financial records, include:

• Full and partial credit card reconciliation
• Reconciliation of accounts statements for your internal finance data
• Reconciling your internal finance data with the client’s credit card bills
• Reconciliation of vendor invoices with your general ledger
• Reconciling bank statements with the records managed by your company

Updating Chart of Accounts

Updating Chart of Accounts to help you analyze your income, expenditure, assets, liabilities and capital when running your management reports.

Fixed Assets Management

Fixed Assets Management Services that make it easy for you to work with your advisor to manage depreciation and disposal.