Bookkeeping is a process that involves organizing, recording, entering, storing, and retrieving financial transactions of a company. Some of the many tasks and processes involved with bookkeeping include:
• Paying suppliers
• Recording receipts from customers
• Verifying and recording invoices from suppliers
• Billing for goods sold or services provided
• Monitoring individual accounts receivables
• Providing financial reports
• Reconciling bank accounts
• Inventory management
The key to proper bookkeeping is having knowledge of various accounting and tax rules. The team at AccountingKW has numerous years of experience in the accounting and finance fields and is here to assist you with all your needs. We put processes in place to automate and streamline bookkeeping services, leveraging the latest technology to make your life easier and ensuring your records are always up to date and accurate.
Most individuals do not realize the time consumption inherent with carrying out bookkeeping activities or the knowledge base required to accurately report their bookkeeping transactions. Letting us take care of the numbers will leave you free to do what you love, run your business.
Most of all, if your books are done wrong it may cost you fines and penalties from the CRA. Repercussions from the CRA can be avoided by using a professional firm like us!
Need Help Doing Bookkeeping?
Whether you need daily, weekly, monthly, quarterly or annual bookkeeping, we can help you! Call or email us today for a free consultation.
Don’t forget to follow us on our Facebook page for future updates and more valuable information.