Book keeping services is the process of keeping records of financial transactions and preparing financial statements, such as balance sheets and income statements..
A book keeping service offers a three-tiered approach to developing and maintaining your company’s overall financial processes and management. The first prong is created by the accounting software specialist.He or she creates your accounting data file so that it’s tailored to the specific needs of you and your business. He or she will ensure that you have access to the software and reports you need.
(1) Make life easier for tax time.
(2) Be prepared in case of an audit.
(3) Keep track of your cash flow.
(4) Create financial statements
(5) Catch errors and fraud.
(1) Understanding business accounts.
(2) Maintenance of books.
(3) Recording transactions.
(4) Balancing the books
(5) Preparing financial reports
(1) What is Book Keeping Services?
(2) Is book keeping mandatory?
(3) Does my business need to outsource book keeping services?
(4) What kind of financial statements shall be included in the package?