Monday - Saturday : 10am to 7pm Sunday: Closed

 
     
   
 

Bookkeeping

Bookkeeping is the process of recording financial transactions of a business in an accounting system and the creation of reports.

ADVANTAGES

  • A good bookkeeping system is a safeguard against persistent internal theft
  • Bookkeeping enables a business to identify the moment of money
  • This financial data – provided by an accurate bookkeeping system –helps manager in making daily business operating decisions
  • Helps in Tax Prediction
  • Bookkeeping helps in business analysis.

Documents required for bookkeeping

  • Trust accounts bank statements with cancelled cheques.
  • General accounts bank statements with cancelled cheques.
  • Invoices to clients.
  • Bills from suppliers.
  • Bank deposit slips/ book
  • Credit card statements and receipts
  • Cash expense (out-of-pocket expenses) receipts
  • Merchant accounts statements if you accept credit card from clients.