Services

​​Transaction categorization in bookkeeping is the process of organizing financial transactions into specific categories, such as income, expenses, assets, and liabilities, to ensure accurate financial reporting. This helps businesses track their finances, manage budgets, and prepare for tax filings efficiently.

​​Monthly financial reporting involves preparing key financial statements, such as Income statements, Balance Sheets, and Cash Flow reports, to provide a clear overview of a business’s financial health. These reports help business owners track performance, identify trends, and make informed financial decisions.

 ​​Year-end reporting involves compiling comprehensive financial statements, such as the income statement, balance sheet, and cash flow statement, to summarize a company’s financial performance for the year. This process ensures accuracy for tax filings, audits, and strategic planning for the upcoming year.

​​Bank and credit card reconciliation is the process of comparing a company’s financial records with bank and credit card statements to identify discrepancies and ensure accuracy. This helps detect errors, prevent fraud, and maintain up-to-date financial records for better decision-making.

​​Monthly journal entries record financial transactions in the accounting system, ensuring that income, expenses, assets, and liabilities are accurately documented. This process helps maintain organized financial records, supporting accurate reporting and compliance with accounting standards.

​Clean-ups and catch-ups in bookkeeping refer to the process of reviewing and correcting previous financial records to ensure accuracy, especially when records have been neglected or disorganized. This service helps businesses get their financials up to date, ensuring proper documentation and compliance moving forward.