Bookkeeping Services

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Bookkeeping Services

In general, bookkeeping is important not only to track the financial position of your business or project, but also to ensure its regulatory compliance. Usually, it takes a lot of time and effort to build and maintain bookkeeping and accounting records. The minimum services your bookkeeping should provide refer to bookkeeping, payroll and tax services. It should also offer excellent customer service and have a reputation for being trustworthy and reliable.

It should be noted that bookkeeping service differs from accounting service.

  • Bookkeeping relates to maintaining day to day financial records. Particularly, bookkeepers collect financial information with the help of which financial statements or books of accounts are prepared.
  • Accounting refers to preparing, reporting, analyzing, and summarizing financial data collected by bookkeepers. The accounting reports give a snapshot of the financial position as well as the performance of your business.

Besides maintaining financial records, bookkeeping services also include:

  • invoicing
  • maintaining accounts receivable and accounts payable
  • cleaning up books of accounts
  • reconciling financial statements with bank statements
  • preparing tax returns
  • monitoring performance indicators
  • undertaking budgeting or cash flow analysis
  • management reporting

So, to help you maintain your books of accounts easily, our experienced staff is ready to provide bookkeeping services to you and your project.