Every business whether carried out in the form of a sole proprietor, partnership or limited company is required by law to keep proper accounting records of money received and paid, of all sales and purchases and of assets and liabilities. If your records are inadequate in any of these areas, you could have been found in breach of law. Besides, proper record keeping is an essential aspect of good business management.
If you have difficulties in getting a full-time and reliable accountant, we can provide accounting services on a regular basis. This can either be weekly, monthly, quarterly or simply annually. Accounting records can be written up at your place of business or in our own office. It is all up to you to decide. Provided you keep all your bank statements, sales invoices and payment vouchers complete, we can prepare the accounts for you from scratch including setting up an accounting system (covering general ledger, accounts receivable, accounts payable subledger as well as inventory control if required). We will prepare the trial balance, profit and loss account and balance sheet at any time as you required in order to enable you to assess your Company's performance and to monitor future strategy for your business.