Bookkeeping services are necessary for all businesses to ensure accurate operational / financial information. Such information is required by Management, Regulators, and Investors. Also, it is a legal requirement for any business to maintain an appropriate book of accounts to ensure that all relevant taxes are paid and tax filings are made on time.
Bookkeeping is the process of recording financial transactions of a business in an accounting system and the creation of reports. However, many small businesses do not have complete accounting departments and require external bookkeeping services. SouthAsia Research & Corporate Advisory Ltd (SRCA) can provide your business with bookkeeping services through a network of Business Experts and Chartered Accountants across Bangladesh.
Accountants may handle more advanced tasks like tax preparation, budget analysis, and investment development. Both Accountants and bookkeepers frequently use advanced financial software to record and track their information.
Advantages of Bookkeeping
- Time Effective
- Higher Profits
- Reduced Tax Liabilities
- Peace of Mind
Why should you Maintain Books of Accounts?
It is a Statutory Requirement for all businesses
Helps you review your performance and take steps to improve
Maintaining books of accounts helps you when you need funding from investors
What's Included in SRCA Accounting & Bookkeeping Services?
What under Accounting?
- Audited & Un-audited Financial Statements
- Preparing tax returns
- Payroll services
- Cash handling services
- E-Accounting services
- Preparing financial statements
- Accounts payable/receivable
- Trial balance reconciliation
- Preparing balance sheet
What under Bookkeeping?
- Recording information
- Debt planning & reduction
- Labor cost management
- Invoice processing services
Bookkeeping-A Step-By-Step Guide:
Step 1: Provide the documents-We guarantee confidentiality when you give us your documents
Step 2: We create and maintain your book
Step 3: We get in touch with you for any variances or issues
Step 4: We are always available to answer your queries on anything related to your book records