Bookkeeping Services

Our professional bookkeeping services will get your books in order – guaranteed. No need to hire your own staff bookkeeper. Think of us as your own bookkeeping and accounting department.
We offer a full range of bookkeeping services. Do you need a bookkeeper on-site? No problem. We offer bookkeeping both remotely and on-site. Weekly, monthly, quarterly, or yearly – our complete accounting services are designed to free up your valuable time so you can focus on your business.
Whatever bookkeeping task you need you can count on us to do it all:

• Accounts Payable
• Accounts Receivable
• Invoicing/Billing
• Bank Reconciliation
• Financial Reports and Statements

How can we help:

Our expertise in the area of accounting and financial reporting would help you to make informed decision for betterment of the business. We are equipped with modern tools and techniques to cater your varying needs. Our service includes daily bookkeeping functions to monthly and annual reporting activities.

Accounts Receivable

Accounts Receivable reports for collection and cash flow management are prepared and delivered to you on a schedule of your choice. Finance changes are assessed on overdue invoices based on your company’s payment terms and conditions, and statements can be initiated and transmitted on a schedule of your choice.

Accounts Payable

Once you send the invoices you received from vendors, we will record those and take steps to pay them back on a schedule determined by you. At the end of a period, we will email you a report of all open vendor invoices in order to have an idea of outstanding due. Your bookkeeper can then set up the requested bill payment checks in your accounting file. However, you will main-navtain the full control over your funds.

Cash Receipts

Cash receipts are always followed by cash deposits or payments. Once cash is received, we will take the responsibility to record deposits to the banks or payment to the vendors. We will tack your customer cash payments to expedite cash receipts.

Payroll Services

In the area of payroll we help you either to processes payroll or to make necessary entries to record payroll processed by a third-party provider. In either case, payroll entries will include complete recording of gross wages, employer taxes and other payroll expenses, and payroll liabilities, and quarterly and annual reconciliation of general ledger balances to payroll returns. We value payroll services as a special one for any form of business and hence, provide necessary appropriate help to that end. Please click here to find more about payroll services.

Banking Activities

As part of our responsibility, we will updated your back activity daily in your accounting file, so that you will always know your available cash balance. Bank account balance notifications and cash receipts and disbursement reports can be emailed to you daily, weekly, or monthly as desired.

Bank Reconciliation

Reconciling your business checking account each month allows us to keep your bank account, accounting, and taxes up-to-date. Having us reconcile your account each month allows you to…

• Identify lost checks, lost deposits and unauthorized wire transactions.
• Detect and prevent excess/unjustified bank charges and ensures transactions are posted correctly by your bank.
• Detect and prevent embezzlement of funds from within your company.
• Know how your business is doing. You can’t really know unless all accounts are reconciled and properly accounted for on your financial statement.
• Manage your cash more effectively. Proper management of funds not only saves money, it makes money for you.

Income Statement

An income statement, otherwise known as a profit and loss statement, basically adds an itemized list of all your revenues and subtracts an itemized list of all your expenses to come up with a profit or loss for the period. We can provide specialty help in preparing income statement, which would allow you to:

• Track revenues and expenses so that you can determine the operating performance of your business.
• Determine what areas of your business are over-budget or under-budget.
• Identify specific items that are causing unexpected expenditures. Like phone, fax, mail, or supply expenses.
• Track dramatic increases in product returns or cost of goods sold as a percentage of sales.

Balance Sheet

A balance sheet gives you a snapshot of your business’ financial condition at a specific moment in time. Our knowledge, combined with your experience, would enable us to preare a balance sheet that would help you to:

• Quickly get a handle on the financial strength and capabilities of your business.
• Identify and analyze trends, particularly in the area of receivables and payables.
• Determine if your business is in a position to expand.
• Determine if you need to take immediate steps to bolster cash reserves.
• Determine if your business has been slowing down payables to forestall an inevitable cash shortage.