BOOKKEEPING SERVICES FOR SMALL BUSINESS UK
Bookkeeping is the recording of economic transactions and is part of the method of accounting in commercial enterprise. Transactions include purchases, income, receipts, and payments with the aid of a character or an agency/employer. There are numerous general strategies of bookkeeping, which includes the unmarried-access and double-access bookkeeping structures. While those can be regarded as "real" bookkeeping, any system for recording economic transactions is a bookkeeping technique.
Bookkeeping is the paintings of a bookkeeper (or e-book-keeper), who data the everyday financial transactions of a commercial enterprise. They commonly write the daybooks (which contain statistics of income, purchases, receipts, and payments), and record every economic transaction, whether or not coins or credit, into the ideal daybook—that is, petty coins ebook, providers ledger, consumer ledger, and so forth.—and the overall ledger. Thereafter, an accountant can create monetary reviews from the records recorded via the bookkeeper.
Bookkeeping refers in particular to the file-preserving elements of economic accounting and entails preparing supply files for all transactions, operations, and different occasions of a business.
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Bookkeeping Services For Small Businesses |
IBN's 11+ Years of Bookkeeping experience gives your revenue a boost by saving on overhead cost up to 40%. IBN has been providing small business bookkeeping to wide range of industries to help them and stay on top of their Bookkeeping and Accounting Functions.
When you engage IBN Tech LLC. You are getting much more than a traditional Remote Bookkeeping Services. You are getting an extended overseas arm who will learn about your business, assess your needs, and provide the kind of counsel that will help you succeed even when you face stiff competition.
BOOKKEEPING SERVICES:
- Accounts Payable (Vendor Bills and Payments)
- Accounts Receivable (Customer Invoices and Collections)
- Reconciliations (Checking and Credit Cards)
- Revenue Reconciliation with Bank Deposits
- Electronic Document Management
CONTROLLER SERVICES:
- Cash Flow Preparation & Forecasting
- Fixed Asset Management
- Yearly Budget Preparation & periodical analysis
- Costing, MIS Reports Preparation
- Preparation of financial statements
ACCOUNTING SOFTWARE EXPERTISE :
- Quick Books Certified Advisors
- Sage Line
- Xero Certified Advisors
- Netsuite
- Concur
- many more.
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