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
- 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
- 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.
- 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.