Accounts and Bookkeeping

Accounts and Bookkeeping

 Timeline: 8-10 working days
 Package Inclusions
  • Preparation of accounts
  • Accounts reconciliation
  • Payroll
 Documents Required
  • List of transactions along with receipts
 Process Details
  • Prepration of accounts payable
  • Prepration of accounts receivable
  • Accounts reconciliation
  • Prepration of Balance Sheet
  • Prepration of Profit and Loss Accounts
  • Payroll management
 Key Advantages
  • Accurate operational and financial information- By keeping updated accounts, one is aware of the accurate operational and financial status of the business
  • Statutory requirement- It is mandatory for businesses to maintain proper books of accounts to make sure that proper taxes are paid in time
 FAQs
  1. Why do I need to outsource bookkeeping services?
    Many business owners do not have the knowledge, time or ability to accurately perform their bookkeeping duties. Outsourcing a bookkeeper will provide you with the time required to focus on your businesses operations
  2. What is the best time to hire a bookkeeper?
    You should hire a bookkeeper as soon as you begin your business. This way you’ll avoid mistakes from the starting and reduce headaches

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