Bookkeeping is an accounting process that deals with the recording and summarizing of economic transactions to measure performance over a period of time. Keeping track of your income and expenses is vital for maximizing your chances of making a profit. Overall, bookkeeping objectives are crucial for any business’s success and sustainability.
The main objectives of bookkeeping:
1) Ensure compliance with legal and tax requirements;
2) Maintaining detailed and organized records of financial transactions;
3) To assist in making decisions about what actions should be taken by managers and what course they should take in the future;
4) To provide information for investors as they evaluate their investments.
Here’s a list of the sort of responsibilities we love. Don’t see what you’re looking for? Get in touch, and we’ll be happy to help.
- Record Keeping & Bookkeeping Supervision
- Data Entry
- Financial Reporting
- Payroll Tracking
- Bill Payment & Invoice Generation