Tracking all Expense and Revenue Transactions
The General Ledger being a complete record of financial transactions over the life of your company. This is an extremely important aspect of your company as transactions from the Ledger make up all reports. To help reconcile accounts and add transactions, Journal Entries can be made. Each Account in the General Ledger will have a correct Tax Code attached to each item.
We will organize all receipts and send you a monthly report of all expenses separated out by account. The reports will be perfect for backup cum tax time.
We provide two basic reports in different forms. The Income Statement or Profit and Loss Statement adds your itemized revenue of the period and subtracts itemized expenses to come up with a profit or loss. With this report, you can track where your revenue and expenses are going. The Balance Sheet gives you a financial condition of your business during a certain period. This report is the most important for banks and lenders to see to determine how much credit they can give you.
How much money is in the Bank is extremely important for any business. We make sure that your transactions are accurately reflected on Account Books to ensure the balance in the Account Books matches your Bank Account at all time.
We can work on your already existing accounting books to clean accounting errors in them. We ensure that all accounts, transactions, and the things that make up your company are correctly entered in the books of accounts. This provides important information in every aspect of Business.
We ensure that all accounts, transactions, and the things that make up your company are always up to date. This provides important information in every aspect of Business.