Accounting Service

We Offer Accounting Service

Accurate and reliable financial information is the foundation for business growth. Access to detailed, consolidated and precise information in the form of monthly, quarterly and annual reports can aid in developing strategies for business growth.
Our management accounting and reporting services focus on delivering easy to digest financial information across a range of management. We are flexible and can provide bespoke financial and statistical information reports as per your specification. This information will help you stay on the top of changing compliances landscape, mitigate risks, assess your business financials performance, shape business strategy and maximize profits Any large, listed companies or SMEs looking to reduce costs and improve the effectiveness of management information can benefit from our services.

Our Accounting and Bookkeping services

Cash Management & Investments

Process all deposits / revenue
Record cash transfers (if any)
Maintain cash balances
Reconcile checkbook balances to monthly bank statements
Prepare cash activity reports

Accounts Receivable

Customer set-up and maintenance
Entering receivable transactions into the accounting system
Record and account for revenue
Issuing of credit memos and refund checks approved by the customer
Maintain sales ledger accurately
Carrying out process adjustments approved by the customer

Accounts Payable

Supplier set-up and maintenance
Process vendor invoices
Take vendor discounts (if available)
Process manual checks written (if any)
Maintain vendor master files
Maintain vendor account balances
Reconcile vendor statements
Prepare accounts payable aging reports

Fixed and Other Assets

Maintain fixed and other asset schedules
Capitalize fixed assets in accordance with policy
Record depreciation monthly
Analyze and properly record other assets (prepaid, Deposits, etc.)

General ledger

Maintain detailed general ledger
Analyze revenue and expense accounts as necessary
Prepare and record adjusting journal entries as part of the monthly close
Prepare adjusted trial balance and supporting schedules

Regulatory Compliance

Support regulatory compliance with federal, state, and local entities in the following areas
Sales Tax
Property Taxes

Payroll

Record payroll information from payroll reports
Reconcile payroll reports to general ledger

Debt

Record any new borrowings
Record monthly payments of debt
Properly record interest

Member Equity

Properly record all activity affecting member equity

Monthly Financial Reporting

It's important to point out that the purpose of financial accounting is not to report the value of a company. Rather, its purpose is to provide enough information for others to assess the value of a company for themselves.
Cash flow statement
Budgeting and forecasting
Preparation of management accounts using various reporting currencies
Prepare balance sheet

Prepare statement of Income/Loss
  . Current month
  . Year-to-date
  . Budget vs. actual (if applicable)
  . Prior period comparisons
Prepare customized financial reporting (as needed)
Notes to Financial Statements
Decision and planning support

Other Liabilities

Record and reconcile any other liabilities (accruals, Payroll Liabilities, etc.) based on information received, and in accordance with client accounting policy

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