Premium Package

Service Description

• Data Entry and Recording: • Inputting financial transactions into accounting software. • Recording sales, purchases, receipts, and payments. • Bank Reconciliation: • Matching transactions in the bank statement with entries in the accounting records. • Identifying discrepancies and ensuring accuracy. • Accounts Payable Management: • Managing vendor invoices and payments. • Tracking outstanding balances and ensuring timely payments. • Accounts Receivable Management: • Issuing invoices to customers for goods or services rendered. • Tracking payments received and following up on overdue accounts. • Financial Reporting: • Preparing financial statements such as balance sheets, income statements, and cash flow statements. • Providing insights into financial health and performance. • Payroll Processing: • Calculating employee wages, taxes, and deductions. • Issuing paychecks or direct deposits and ensuring compliance with tax regulations. • Tax Preparation Support: • Compiling financial data for tax filings. • Assisting with tax planning and compliance. • Budgeting and Forecasting: • Helping to create budgets based on historical data and future projections. • Monitoring actual performance against budgeted figures. • Audit Preparation: • Organizing financial records and documentation for audits. • Assisting auditors during the audit process. • Financial Analysis: • Analyzing financial data to identify trends and opportunities. • Providing insights for decision-making and strategic planning. • Advisory Services: • Offering advice on financial management and improving accounting processes. • Addressing client queries and providing recommendations. • Compliance and Regulation: • Ensuring adherence to accounting standards and regulations. • Keeping abreast of changes in tax laws and financial reporting requirements. • Software Integration and Training: • Setting up accounting software and integrating with other systems. • Training staff on software usage and best practices. • Customized Services: • Tailoring services to meet specific client needs and industry requirements. • Providing scalable solutions as businesses grow or change. • Prices vary based on the volume of data and will be confirmed at consultation