Bookkeeping Service
Bookkeeping service brings to your business dedicated day to day handling of basic accounting transactions like recording sales, purchases, making payments, ordering of goods, and more.
This is popular service for busy individuals and company managers, who want their books updated regularly and they do not have a full time employee to do this.
Simply fax, scan, or mail your invoices, deposit slips and bills to us. We’ll enter your transactions, reconcile your accounts and set your bills up for payment.
We shall give you all of the following services:-
- recording and updating your business cashbooks and bank accounts ledgers
- recording and updating your purchases ledger
- updating, reconciling your sales ledger, accounts payable, sending monthly statements to your clients
- generating debtors and creditors reports of your customers and suppliers respectively
- recording and updating the general ledger
- preparing periodic cash flow projections for your business
- preparing your Value Added Tax(VAT) returns, excise returns for manufactures, standards levy.
- processing your staff payroll, processing your payroll taxes returns i.e. P.A.Y.E, Fringe benefit tax, NSSF returns, NHIF returns
- processing your periodic income statement(profit and loss account), balance sheet and cashflow statements.
- free counseling on areas that your business require more of your attention.
To request this service please click here.
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Bookkeeping Clean-up
Many small business persons try to keep their own records in their effort to organize their business.
However since not every entrepreneur is an expert in accounts profession, there is a tendency to miss out on some nitty-gritty, which result in costly consequences.
If you are faced with such a situation and you are not quite sure of your accounts, we can pick up right from where you are now.
We shall clean up your books, finalize, generate reports and send your books to your auditor.
To request this service, please fill out and send us the following form
Bank Reconciliations
The secrets of an effective accounts system lies on the 3W -Where, When and Why of the monies.
Trade largely involves payments and receipts. A system need to effectively inform ‘Where’ the money came from or went,
‘When’ the money came in or out and ‘Why’ the money came in or went out.
To effectively achieve this, there must be a continuous reconciliation of your business bank accounts.
Bank reconciliation can be done on daily, weekly, fortnightly or monthly depending with the level of business activities.
Reconciled bank records will ensure that your accounts payable and receivables are always updated, there by reducing disputed accounts by your suppliers or customers. It also ensures that you always know at glance how much cash is available at any given time.
If you feel that this is something you want to implement in your business, why not TALK to us
Accounting for Receivables
Accounts receivables forms the most vital role in the management of working capital.
As businesses seek to increase sales revenues, there is often a tendency to sell much of the goods/services on credit and collect payments at certain agreed time.
However, the risk of bad and doubtful debts always looms around if caution and proper measures are not taken while formulating credit policy.
A sale is not a sale until it’s collected, and this is where our work begins.
Under this product, you will get the following services:
- Evaluating the strength of your credit policy, and it there exist none, help formulate one.
- Regular recording and updating your sales ledge.
- Update credit notes/debit notes
- Send monthly statements to your clients
- Reconcile & resolve any disputed items
- Generate debtors/ accounts receivable list
- Where necessary evaluate a continuous credit rating of your debtors.
- Send payment reminders to slow debtors
To request this service, please fill out and send us the following form
Accounting for Payable
Accounts payable is one of the free credits that a business enjoys in the course of its trade.
Much care has to be taken to avoid severing relations with suppliers. This can be achieved through
proper recording keeping and ensuring that the agreed terms of payments are followed.
Under this product, we shall provide you with following services:
- Recording and updating your purchases ledger.
- Update credit notes/debit notes
- Prepare payment vouchers for your suppliers
- Reconcile & resolve any disputed items
- Generate creditors list/ accounts payable list
To request this service, please fill out and send us the following form