Book Keeping & Accounting
The objective of Book-Keeping and Accountancy services is to help the directors or owners of the business make informed, accurate and timely decisions for the day to day running operations of the business in general and to particularly monitor critical aspects of the business such as sales, purchases, expenses and profitability patterns.
Moreover, the book keeping and accountancy of a business has to be done in such away to ensure compliance with the International Financial Reporting Standards and local legal requirements like the Companies Act, Income Tax Act, VAT Act, etc. The objective of financial statements is to provide information about the financial position, performance and changes in financial position of an equity that is useful to a wide range of users in making economic decisions. In particular we tailor make the book keeping processes to ensure the qualitative aspects of understandability, relevance, reliability and comparability of the financial statements are captured. The accounting services would in details for example involve: (a) On a weekly basis:· Posting Sales· Posting Purchases· Posting Cashbook· Reconciliation of daily banking against daily sales collections.(b) On a monthly / Quarterly basis:· Monthly Management Accounts. · Preparing Schedules of all cost centres. · Preparing schedules for all revenue centres. · Reconciliation of Cashbook and the bank Statements. · Extracting trial balance · Income Statements & Balance Sheet. .
Bookkeeping Outsourcing Services are focused at helping clients with the management, accounting and tax preparation needs and significantly reducing their finance and accounts operating costs. We take immense pride in providing value-added services, we offer custom reports that enable the business owner to better analyze their revenue and expenses. Our firm has proficiency across all the major accounting software used in the industry for bookkeeping services, such as Quick Books, Sage Pastel, Sun, Scala, Great Plains Dynamics and ERP systems. Koditex Consulting Limited has a dedicated team of well-trained accountants and professionals who can quickly adapt to your specified software and processes, and at the same time ensure quick turnaround time and quality standards. Our firm has a vigilant and methodical approach for posting accounts, which ensures that you get the quality you can depend upon. Our services are highly professional, and will ensure that you will not have problems during year-end and month-end reporting. We will quickly adapt ourselves to your way of working, so you will begin to see us as a part of your staff working just for you!