book-keeping-2

Bookkeeping

Most businesses are time poor and to maintain your books takes a lot of effort and time. Therefore by using our services it will give your more time to handle your own business and spend time more time doing the things you’d rather do, rather than thinking about invoices, payroll processing, journal entries, and account reconciliations. Our team will make sure that records of your financial dealings and transactions are reported correctly regardless of what accounting software program you prefer to use (MYOB, Xero, Sage One, Reckon One, or QuickBooks).

We will also talk to you about your personal and business goals to assess your financial situation to tailor an appropriate accounting solution  to meet your business and operation needs. Our services also include providing you with financial reports and statements so you know your company’s total performance at a glance and you being able to assess your growth and progress. We will generate the following financial reports in your behalf:

Profit and Loss Statement

This financial statement reflects your Sales and Expenses. This tells you how much you have earned or lost during a specific period. This statement can assist you in creating targets to meet your goals.

Balance Sheet

Your assets, liabilities and equity are reported in this statement. You can use this statement as a general guideline for the health of the business and what the business is valued at.

Statement of Cash Flows

This statement will summarise your cash flows from receipts (money going in) and payments (money going out) based on operating, financing and investing activities.