Calculating and distributing employee salaries, wages, and taxes.
Ensuring that bank statements match the company's records using that bank statements match the company's records.
Generating financial statements such as balance sheets, income statements.
Bookkeeping is the process of tracking and organizing a business’s financial transactions. It ensures accuracy, compliance, and provides the insights needed for smart decisions and reliable tax reporting.
Monitoring and categorizing business expenses. Monitoring and categorizing business expenses.
Bookkeeping clean-up projects focus on fixing inaccurate or disorganized financial records. The goal is to correct errors, reconcile accounts, and restore accurate, reliable books.
Accounts payable service manages and pays a company’s outstanding bills and invoices from suppliers or vendors. It ensures timely payment, maintains accurate financial records, and helps manage cash flow efficiently.
The accounts receivable process tracks customer payments, sends invoices, records receipts, and ensures timely collection to maintain healthy cash flow.
The invoicing process involves creating, sending, and managing invoices to bill customers accurately for goods or services, ensuring timely payment and proper record-keeping.