The foundation of a successful business is having a good accounting system in place. It provides input data for all other areas such as budgeting & forecasting, financial analysis, and tax planning. If you want to build a successful business, you must have proper accounting systems and process according to the prevalent standards in place.
For your startups, our team can set up your accounting system according to GAAP, act as your CFO to provide up to date information of your business for decision making, and give you time to focus on your business growth.
For any SME, our team can support them to review their current system whether it can support management for their day to day business decision in terms of financial data or not and provide remediation plan according to the needs of the business to ensure the responsiveness of the system.
How can we assist your business?
- Converting your business from cash to accrual basis of accounting
- Entry of transactions until preparation of financial statements such as Profit & Loss, Balance Sheet and Cash flow statement
- Preparation of customer invoices and their statements
- Taking care of accounts receivable and payable
- Providing management report on their need basis such as financial projections
- Reconciliation of bank accounts
- Providing review of your system on a monthly, quarterly and annual basis
- Assisting your team with chart of accounts and installation of accounting software.