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This online accounting and bookkeeping service is intended to support you throughout the year with all of your accounting needs. Remember that having a well planned financial system can carry your business to greater heights. These tailormade bookkeeping services will take your finances to the next level.
Bookkeeping is the foundation of accounting. It is the process of recording financial transactions, while accounting is the process of summarizing and interpreting that data.
Characteristic | Accounting | Bookkeeping |
Purpose | To provide a summary of financial data | To record financial transactions |
Scope | Wider | Narrower |
Focus | Big picture | Details |
Tools | Financial statements, tax returns, etc. | Accounting software |
Expertise | Required | Not required |
If you are an organisation with a growing team and finances, this bookkeeping service will prove indispensable. Any corporate organisation must maintain accurate books and accounts. Additionally, it is necessary for companies that are subject to an internal or statutory audit.
This programme is designed to satisfy the accounting needs of businesses and people performing the following roles:
Under GST, the following are listed as special category states.
An accountant can help you with a variety of tasks, including: