05 Dec Bookkeeping Service
Bookkeeping is crucial for all companies in order to maintain accurate and orderly accounting data. Accounting data reflects the growth of the company, cash flow condition and naturally, the health of the company. Hence, the lack of accurate data might lead to poor / wrong decisions being made by the owner thus ultimately damaging the image of the company resulting in losses.
Outsourcing bookkeeping services is especially a smart move for start-ups and micro sized Small and Medium-sized Enterprises (SME). This is so because by outsourcing, business owners are able to cut down on staff expenses and have a professional bookkeeper to deal with the more important duties at affordable fees.
Out Bookkeeping service includes:
- Data entry for all transactions related to accounting
- Bank reconciliation
- Preparation of accounts receivable and accounts payable
- Generation of Profit & Loss and other financial statements
- Preparation of accounts for auditing or annual declarations
The following is the work flow for our Bookkeeping Service: