Bookkeeping Services

Is your bookkeeping service eating into your precious time and money? Does it usually involve last-minute rushes triggered by looming deadlines and eleventh-hour calculations. In such a scenario, bookkeeping outsourcing can be a life-saving option for your business. As a professional bookkeeping services provider, we keep your bookkeeping needs well organized to create the right impression with clients and vendors alike.

22

Years of
Experience

10+

Industry
Verticals

5000+

Experienced
Professionals

Bookkeeping Services
ISO: 9001:2015 Certified CompanyISO: 27001 Certified CompanyHIPAA Compliant

Why Outsource Bookkeeping Services to the Expert

We are an established accounts and bookkeeping service provider specializing in process-driven and business-specific bookkeeping services. Our expertise will assist you to identify and eliminate inefficiencies in your day-to-day bookkeeping practices. Besides, we will help you choose and implement the best bookkeeping software for your needs. We have equipped our clients to automate, digitize and integrate their bookkeeping processes to have all stakeholders in loop and every information under control. The end result has always been correct and concise financial data at the click of your fingers.

Our Bookkeeping Process

  • Identify the financial transactions
  • Record the transactions
  • Classify the transactions
  • Summarize the transactions
  • Review and adjust the records 

Core Aspects of Our Accounting and Bookkeeping Services 

Accounting Set Up

  • Determine Enterprise Financial Needs
  • Choose Accounting Method & Software
  • Set Up Your Chart of Accounts
  • Gather and Organize Financial Documents
  • Key in Financial Data
  • Set Up Automatic Financial Record-Keeping
  • Test and Review Your System

Income Statements

  • Determine Time Period to Be Covered
  • Gather Financial Data
  • Classify Revenues and Expenses
  • Calculate Gross Profit
  • Calculate Operating Income
  • Calculate Net Income
  • Prepare Income Statement
  • Review and Revise Income Statement
  • Share the income statement with stakeholders

Balance Sheets

  • Determine the computation period.
  • Collate financial information for the period (assets, liabilities, and equity)
  • Compute the total assets, liabilities and equity of the company.
  • Review the balance sheet for accuracy and completeness.
  • Generate balance sheet.

Cash Flow/Budgeting

  • Determine financial goals
  • Gather & analyze financial information
  • Create a budget plan

Financial Statements and Reports

  • Identify financial statement purpose and audience
  • Collect and organize the necessary financial data.
  • Determine the accounting principles and guidelines to be followed.
  • Prepare the financial statements.
  • Review and analyze the financial statements.

Services we offer:

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Accounting Setup
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Income Statements
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Balance Sheet
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Cash Flow/Budgeting
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Financial Statements & Reports
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Preparing closing entries
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Monthly, Quarterly, Year-End Review
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Financial Analysis
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Management Reporting
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Variance Analysis & Recommendations
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Recording and Reconciling Payroll Transactions
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Comparison with prior, budgets and industry information
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Software research and requirements gathering
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Designing the user experience
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Accounts Payable Management
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Accounts Receivable Management
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Bank Reconciliations
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General Ledger Reconciliation
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Credit Card Reconciliation
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Inventory Management
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Books Cleanup
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Revenue Reconciliation with Bank Deposits
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Cash Applications

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The Invensis Advantage

Need-specific Software

Good bookkeeping solutions can help to streamline your accounting and bookkeeping needs. However, you need one that matches your business specifics. We assess your needs, determine features needed and choose the best software to integrate and automate your processes.

Regular Updates

A critical aspect of bookkeeping is updating your financial data regularly. We do this for you by setting strategic and consistent scheduling. Our services include tracking updates on a daily basis and prioritizing data entry.

Categorized Expenses

Keeping track of expenses is important, but differentiating various expenses is equally important for proper bookkeeping. We categorize your revenue and expenditure sources to keep your accounts well-organized. This helps in accurate filing of taxes and statement generation.

Standard Procedures

Your bookkeeping procedures need to be standard to ensure consistency. We ensure this by having written procedures to ensure the basic principles are never compromised. The end-result is a standardized and highly optimized process.

Optimized Operations

Your day-to-day bookkeeping operations need to be highly efficient to meet real-time requirements. We ensure this with the help of digital dashboards, automating expenses and invoicing statements, managing client contacts centrally, and tracking workflow with project management applications.

Steady Cash Flow

The objective of a robust bookkeeping process is to stay up-to-date on your revenue status. Our services are tailored to give you a real time idea on extra cash reserve, receivables, payables, break even point and inventory.

Invensis - The Most Preferred Offshore Bookkeeping Services Company

As a specialized bookkeeping provider, we assist you reap the full benefits of bookkeeping services. We have over 22 years of experience in actual and virtual bookkeeping and have served the exclusive needs of leading companies across industries. These include enterprises, medium and small businesses and even non-profit organizations primarily in the US, UK and Canada. Our clients have banked on our comprehensive outsourced bookkeeping services to reach their full growth potential.

22

Years of
Experience

10+

Industry
Verticals

5000+

Experienced
Professionals

ISO: 9001:2015 Certified Company
ISO: 27001 Certified Company
HIPPA-Complience Svg logo

What Our Customers Say

Invensis' auditing and taxation services assisted us in effecting significant changes in the business's focus and nature. They have always provided us with a comprehensive and top-rated service, allowing us to meet deadlines internally and externally.

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Norman Will
Leading Financial Institution in US

Invensis has helped us obtain business-critical data on our Accounts Receivable processes. This helped us make good cash flow decisions, motivate our teams, and maintain our focus on profit maximization.

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Elijah Miller
Leading Telecommunications Company in UK

Invensis has been an outstanding business partner for over four years. Our Accounts Payable workflow has generated daily volumes of invoices to be processed, and Outsourced Bookkeeping handles the volume precisely. As a result, it's fantastic to arrive at work every day without any backlog.

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Patrick Smith
Leading Customs Brokerage Company in UK

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