About our bookkeeping services

We offer the following services:

  1. Transaction Recording
  • Daily Transactions: Record all daily transactions, including sales, purchases, receipts, and payments.
  • Source Documents: Collect and organize documents such as invoices, receipts, and bank statements as evidence of transactions.
  1. Accounts Receivable
  • Invoice Management: Generate and send invoices to customers for goods or services rendered.
  • Collections: Monitor outstanding invoices and follow up on overdue accounts.
  • Record Payments: Update accounts receivable records with payments received.
  1. Accounts Payable
  • Invoice Management: Receive and verify invoices from vendors and suppliers.
  • Payment Processing: Schedule and process payments to suppliers and vendors.
  • Record Expenses: Update accounts payable records with payments made.
  1. General Ledger Maintenance
  • Journal Entries: Record all financial transactions in the general ledger through journal entries.
  • Account Reconciliation: Regularly reconcile ledger accounts to ensure accuracy.
  • Adjusting Entries: Make adjusting entries for accrued or deferred items at the end of an accounting period.
  1. Bank Reconciliation
  • Account Reconciliation: Compare the company's bank statements to the general ledger to identify and resolve discrepancies.
  • Deposits and Withdrawals: Ensure all deposits and withdrawals are accurately recorded and match the bank statements.
  1. Payroll Processing
  • Employee Records: Maintain accurate records of employee wages, tax withholdings, and benefits.
  • Payroll Calculation: Calculate wages, deduct taxes and other withholdings, and prepare paychecks or direct deposits.
  • Tax Reporting: Prepare and file payroll tax returns and ensure compliance with tax regulations.
  1. Financial Reporting
  • Monthly Reports: Prepare monthly financial reports including profit and loss statements, balance sheets, and cash flow statements.
  • Year-End Reports: Prepare year-end financial reports.
  • Budgets and Forecasts: Assist in the preparation of budgets and financial forecasts.