Accounting
- Record transactions: Manage accounting transactions, including accounts payable and receivable
- Prepare financial statements: Create balance sheets, profit and loss statements, and other financial statements
- Prepare budgets: Create budget forecasts and ensure timely bank payments
- Compute taxes: Calculate taxes and prepare tax returns
- Ensure compliance: Ensure that the organization is following external laws and regulations
- Identify risks: Evaluate financial and data risks and provide solutions for businesses
- Analyze data: Use mathematical principles to analyze financial data
Bookkeeping
- Record transactions: Use accounting software, spreadsheets, and databases to record transactions like sales, purchases, and payroll
- Generate financial reports: Create balance sheets, income statements, and cash flow statements
- Reconcile financial statements: Compare financial records to ensure they are accurate
- Process invoices: Create and send invoices, and follow up with customers to get them paid
- Manage accounts payable: Make sure supplier invoices are paid on time and accurately
- Calculate payroll: Calculate pay and deductions for employees
- Prepare tax documents: Help businesses prepare for tax season by ensuring records are accurate and up-to-date
- Help with budgeting: Provide financial data to help business owners and accountants create budgets and plan for the future
Tax Preparation
- Record transactions: Manage accounting transactions, including accounts payable and receivable
- Prepare financial statements: Create balance sheets, profit and loss statements, and other financial statements
- Prepare budgets: Create budget forecasts and ensure timely bank payments
- Compute taxes: Calculate taxes and prepare tax returns
- Ensure compliance: Ensure that the organization is following external laws and regulations
- Identify risks: Evaluate financial and data risks and provide solutions for businesses
- Analyze data: Use mathematical principles to analyze financial data
Payroll
- manage the entire process of paying employee for you
- by calculating and creating employee paychecks
- accurately calculating wages, deductions, and taxes.
- ensuring timely payments while adhering to all relevant tax and labor laws
- maintain accurate payroll records.