Internal Controls and Risk Assessment

Bookkeeping and accounting

Bookkeeping and accounting is indispensable for businesses seeking financial stability and growth. It is a fundamental aspect of financial management that enables businesses to maintain accurate and organized records of their financial transactions. We are here to do all that effectively and will ensure your bookkeeping is smooth, pain free and prompt by taking the responsibility to maintain your business books of accounts which includes the followings;

  • Recording financial transactions accurately and in a timely manner.
  • Maintaining general ledgers and subsidiary ledgers.
  • Reconciling bank statements to ensure accuracy.
  • Managing accounts payable and accounts receivable.
  • Monitoring cash flow and managing petty cash.
  • Assisting with payroll processing.
  • Inventory management
  • Dashboard Reporting

Why bookkeeping is important?

Bookkeeping is important for businesses because of following reasons;

  • Financial Organization and Transparency
  • Monitoring Cash Flow
  • Informed Decision-Making
  • Compliance with Legal and Tax Requirements
  • Facilitating Financial Analysis and Reporting
  • Tracking Business Growth
  • Facilitating Audits and Financial Reviews

do you have a question?

Yes, We are here to help! What question do you have?

A bookkeeper’s responsibilities include recording financial transactions, maintaining general ledgers, reconciling accounts, and generating financial reports.

Accurate bookkeeping provides businesses with a clear understanding of their financial position, helps in monitoring cash flow, enables informed decision-making, and ensures compliance with tax and auditing regulations.

Outsourcing bookkeeping and accounting services can provide several benefits, including cost savings, access to expertise, increased efficiency, and the ability to focus on core business activities.

Popular bookkeeping software options include QuickBooks, Xero, FreshBooks, and Wave. These platforms offer various features to simplify the bookkeeping process.

Yes, outsourcing bookkeeping services can be beneficial for small businesses as it provides access to expertise, saves time and costs, and ensures accurate financial management.

We charge according to the number of transactions happen every day and number of employees working. Once we have that only then we can provide the right pricing. However, our goal is help small and medium by taking their accounting load so we always try to be within their budget. Please visit our Regions section to have an idea of prices or contact us for a personalized quotation.