What this service covers
- Reviewing source documents and recording accounting entries
- Preparing journals, the general ledger and the trial balance
- Reconciling bank accounts, accounts receivable and accounts payable
- Maintaining the fixed asset register and calculating depreciation
- Closing the accounts and preparing the annual financial statements
- Preparing information for and liaising with the external auditor
Who this is for
Companies that already have someone handling receipts, payments and document collection in-house, but want an experienced firm to do the bookkeeping and close the accounts.