General bookkeeping services help you further understand the financial health of your business and the position it is in currently but also in the future to help you make good financial and business decisions. Good bookkeeping is the missing link to many businesses, not only is it an important aspect of keeping the wheels of your business in motion and can help you to save real time and money by identifying inefficiencies in your business, supply chain, stock management and staff management.

Bookkeeping services include but are not limited to:

• Bank Reconciliations – match and compare your internal records with your banks statements to identify and rectify any discrepancies to ensure all transactions have been entered and accounted for.  
• Profit & Loss Statements – these statements show all of the earning of the business and all expenses that have been incurred to assist in the generation of that income. These reports can be generated monthly or annually.
• Cash Flow Management – our skilled team will assist in the management of your business’ cash flow to ensure you have cash when necessary. Liquid cash flow is essential to a profitable business.
• Financial Reporting & Analysis – key information about the financial state of your business in language you can understand.
• Accounts Payable & Receivable – your bookkeeper can take care of accounts owed to suppliers as well as money that is owed to your from your customers.
• Credit control – if your business operates through lines of credit for your customers than your bookkeeper can create systems that can assist help you. Such as assessment of clients before gaining access to credit, credit application, collection, and follow up procedures.
• End of financial year processes – your bookkeeper will ensure that your books are up to date and all processes have been taken for the end of financial year in line with your accountant.
• Budgeting – forecast your incoming and outgoing funds to identify the next steps you can afford to take in your business as well as addressing any unnecessary costs or way to take costs out of your business.
• Troubleshooting – identify areas in your current accounting systems that can be improved or overhauled.
• Stock Systems – your bookkeeper can set up systems that will track stock and automate reordering when stocks run low so you never get stuck without necessary items for your business.