Services
How can bookkeeping services help small and medium business?
In order to run your business successfully, you need to manage your finances really well. Keeping your finance in check will prevent revenue leakages and help you run a tight ship in business. However this aspect becomes a little tricky when your business grows. You would need to take care of multiple activities rather than just accounting. Thus, it becomes essential for small and medium businesses to hire bookkeeping services for proper functioning as well.
With qualified bookkeeping services personnel available with expert bookkeeping service providers, such as Count on It Financial Services, you will be able to keep pace with the work flow and get efficient bookkeeping services.
Outsourcing your bookkeeping services helps not only in reducing costs but also enables proper management of books. Here are some ways in which a qualified bookkeeping services’ company can help add value.
Sales monitoring and reporting
The basic task of bookkeeping service is to enter all the invoices generated by and for the company. All the purchase invoices and sales receipts needs to be entered correctly. Accounts payable and receivables will depict the money generated by the business and the cash left in hand at the end of the day. You can analyze your financial situation much better if these factors are kept up-to-date.
At a quick glance, you will be able to have a gist of which direction the company is going. With accurate bookkeeping services at your disposal, you can cut down your purchases or increase your sales to cover the necessary expenditure. Count on It Financial Services offers Tax preparation services, Payroll Processing services along with Bookkeeping services to provide one stop Accounting solutions to enterprises seeking bookkeeping for small and medium businesses.
Receivables and Payables
Count on It Financial Services accounting solutions are effective as it helps in keeping track of all invoices that have been generated and needs to be paid. We help you understand your accounts payable account and when the bills are due and how much the amount is. As the payment will be signed/released by the owner, you will have an idea about what purchases or expenditure have been made. You can keep a check on the vendor rates and improve your credit period by making timely payment. Your account will be evenly managed by understanding the cash flows including reconciling all payments and receipts with the bank statements.
Maintaining Ledger
Your ledger helps keep track of all your details ensuring that all numbers are entered correctly so that there are no missing entries. At the end of your month, the bookkeeping service provider will help reconcile these with both the bank statement and credit card statement to ensure there is no fraud or inaccuracy. The bookkeeping service provider will post all the closing entries at the end of the month so that no entry is carried forward.
With such high value offerings, proficient bookkeeping service providers, such as Count on It Financial Services where skilled and experienced staff are available to offer astute financial management and bookkeeping services to assist your small and medium business.
With qualified bookkeeping services personnel available with expert bookkeeping service providers, such as Count on It Financial Services, you will be able to keep pace with the work flow and get efficient bookkeeping services.
Outsourcing your bookkeeping services helps not only in reducing costs but also enables proper management of books. Here are some ways in which a qualified bookkeeping services’ company can help add value.
Sales monitoring and reporting
The basic task of bookkeeping service is to enter all the invoices generated by and for the company. All the purchase invoices and sales receipts needs to be entered correctly. Accounts payable and receivables will depict the money generated by the business and the cash left in hand at the end of the day. You can analyze your financial situation much better if these factors are kept up-to-date.
At a quick glance, you will be able to have a gist of which direction the company is going. With accurate bookkeeping services at your disposal, you can cut down your purchases or increase your sales to cover the necessary expenditure. Count on It Financial Services offers Tax preparation services, Payroll Processing services along with Bookkeeping services to provide one stop Accounting solutions to enterprises seeking bookkeeping for small and medium businesses.
Receivables and Payables
Count on It Financial Services accounting solutions are effective as it helps in keeping track of all invoices that have been generated and needs to be paid. We help you understand your accounts payable account and when the bills are due and how much the amount is. As the payment will be signed/released by the owner, you will have an idea about what purchases or expenditure have been made. You can keep a check on the vendor rates and improve your credit period by making timely payment. Your account will be evenly managed by understanding the cash flows including reconciling all payments and receipts with the bank statements.
Maintaining Ledger
Your ledger helps keep track of all your details ensuring that all numbers are entered correctly so that there are no missing entries. At the end of your month, the bookkeeping service provider will help reconcile these with both the bank statement and credit card statement to ensure there is no fraud or inaccuracy. The bookkeeping service provider will post all the closing entries at the end of the month so that no entry is carried forward.
With such high value offerings, proficient bookkeeping service providers, such as Count on It Financial Services where skilled and experienced staff are available to offer astute financial management and bookkeeping services to assist your small and medium business.
Accounting & Bookkeeping
Cloud based Pastel Accounting Package
Set up of Accounting systems and Controls
Monthly processing to Trial Balance
Monthly Management Accounts (measure your business's performance)
Annual Financial Statements
Preparation of working papers and files
Annual Budgets and Monthly comparisons (Actual vs Budget)
Set up of Accounting systems and Controls
Monthly processing to Trial Balance
Monthly Management Accounts (measure your business's performance)
Annual Financial Statements
Preparation of working papers and files
Annual Budgets and Monthly comparisons (Actual vs Budget)
Payroll
Cloud based Pastel Payroll administration Package
Set up of Payroll systems and Controls
Monthly Payroll Administration and Services
Monthly PAYE, UIF, SDL returns
Annual IRP5 and bi-annual EMP501 reconciliation (PAYE)
Annual WCA return
Set up of Payroll systems and Controls
Monthly Payroll Administration and Services
Monthly PAYE, UIF, SDL returns
Annual IRP5 and bi-annual EMP501 reconciliation (PAYE)
Annual WCA return
Taxation
Company Tax Registration and appointment of Public Officer
Monthly VAT returns
Bi-annual Provisional Tax returns
Annual Company Tax return
Tax Clearance Certificate applications
Accounting Officer and Public Officer engagements
Monthly VAT returns
Bi-annual Provisional Tax returns
Annual Company Tax return
Tax Clearance Certificate applications
Accounting Officer and Public Officer engagements
Company Secretarial & Compliance
Name Reservation at CIPC
Company Registration with CIPC
Statutory Registrations: VAT, PAYE, UIF, SDL , WCA
Assistance with initial company set-up (ready to trade)
Annual CIPC return
Company Registration with CIPC
Statutory Registrations: VAT, PAYE, UIF, SDL , WCA
Assistance with initial company set-up (ready to trade)
Annual CIPC return
Value Added Services
Company Business Plan
Business and Financial Models (Budget)
Assistance with Financing requirements
Domain, Internet webpage and E-mail registration
Any other agreed-upon services
Business and Financial Models (Budget)
Assistance with Financing requirements
Domain, Internet webpage and E-mail registration
Any other agreed-upon services
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