Outsourced Accounting & Finance Stack
Recording Transactions
Documenting all financial transactions, including sales, purchases, expenses, and payments.
Ledger Maintenance
Creating and maintaining ledgers for various accounts, such as cash, accounts receivable, accounts payable, and others.
Bank Reconciliation
Matching and reconciling bank statements with the company’s financial records to ensure accuracy and identify discrepancies.
Financial Reporting
Generating financial reports such as income statements, balance sheets, and cash flow statements to provide insights into the company’s financial health.
Tax Preparation Support
Organizing financial data to assist accountants or tax professionals in preparing accurate and timely tax returns.
Compliance
Ensuring that the company’s financial records comply with relevant laws and regulations.
Expense Tracking
Monitoring and categorizing all business expenses, including receipts and invoices.
Invoicing
Creating and issuing invoices to customers for goods or services rendered.
Accounts Receivable and Accounts Payable
Managing and tracking amounts owed by customers (accounts receivable) and amounts owed to suppliers (accounts payable).