Accounting Services
Bookkeeping
Data entry: Bookkeepers often input financial data into accounting software
Journal: Recording daily financial transactions into the accounting system. This includes sales, purchases, payments, and receipts.
General ledger: Posting transactions, transferring the information from the journal to the ledger accounts.
Bank transactions: track and classify all bank deposits and withdrawals.
Bank reconciliation: This process involves comparing the bank statement to the company’s records to ensure they match.
Maintaining financial records: This includes organizing and storing financial documents, such as invoices, bills, payment receipts, and bank statements.
Trial balance: A list of all accounts in the general ledger with their corresponding debit or credit balances.
Accounting
ACCOUNTING
Chart of accounts and accounting method
Vendor and Customer Contracts
Classify revenue and expense accounts
Define strategies for Accounts receivable and payable.
Inventory Control
Financial Reports
Income Statement
Balance Sheet
Cash Flow Statement
BUDGET AND FORECAST
Prepare Revenue and Expenditure Budget
Analysis of results and deviations from the budget
Forecasts for upcoming periods
PAYROLL
Wage calculation
Deduction calculation
Payroll generation
Payroll payment
Compliance with labor regulations
Employee benefits administration