BOOKKEEPING & ACCOUNTING SERVICE
We offer following services or parts thereof:
- Setting up Chart of Accounts
- Billing for goods sold or services
- Recording receipts from customers
- Verifying and recording invoices from suppliers
- Paying suppliers
- Processing employees' pay and the related governmental reports
- Recording depreciation and other adjusting entries
- Entering Bank Details & Reconciliation
- Allocating the account entries
- Month-end or year-end closing
FIXED ASSETS ACCOUNTING
- Tracking of asset deployment including asset relationships
- Maintaining warranty information
- Documentation associated with asset (pictures, warranty agreements)
- Calculation of extensible depreciation schedules
Financial Statements and their Reporting
- Preparation of financial reports periodically for your management
- Balance Sheet
- Income Statement
- Cash Flow Statement
- Bank reconciliation Report
- General Ledger Report
- Fixed Asset Account Management
- Development of tailored financial reports for your bankers or others
- Calculation of financial ratios and performance indicators to help analyze performance
- Identification of deviations, if any, and application of controls based on analysis of transactions
- Help improve cash flows and better management of finances through recommendation of appropriate actions
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