What is Bookkeeping Services
The recording of Financial Events that occur during the normal working of any small business or large company while giving services or products to customers in basic books of entry in their accounting system is called Bookkeeping services.
Large companies do have their accounting and finance departments handle financial transactions and prepare financial statements. Whereas, small firms and new startups do not have their accounting system or flow of financial transaction recording systems. These companies use open source accounting and bookkeeping software initially to record accounts.
Click here If you want to know What is the Difference Between Bookkeeping and Accounting?
These new firms and shops always struggle to form their Bookkeeping and Accounting systems independently. The owners of these firms mostly do not know accounting matters and cannot handle Accounting software like QuickBooks, Xero Accounting or Wave Accounting, etc.
Although, there are many audit firms and online accounting companies providing cloud accounting services using QuickBooks free software which is very easy to handle for entrepreneurs who don’t have Accounting and Finance background. But, it is difficult to manage because small firms have to grow and concentrate on their early development to get to the next level of growth.
We being experienced accounting experts suggest an ERP system for all small firms which is very easy to use and navigate. It’s Gluon ERP, a very good complete accounting and resource planning software for small & medium-firm, especially in Pakistan.
The firms of this type prefer to outsource accounting and bookkeeping services and want to increase business and concentrate on customers & quality service for a high growth rate. There are many other benefits of outsourced bookkeeping services.
StorkAcc or Stork Accountancy is a firm established to help your small firm or new startup and guide you through this challenging task by proving Bookkeeping Services. StorkAcc gives different services from basic Bookkeeping to Complete Bookkeeping and Virtual Cheif Financial Officer (CFO).
Basic Bookkeeping Services by StorkAcc
Basic Bookkeeping includes services of the initial level. StorkAcc provides Basic Bookkeeping by giving one person designated to you for your basic transactions. This includes entry of Cash Sales, Credit Sales, Cash Purchases, Credit Purchases, Bank Payments Entry, Credit Card entry, etc.
This service provides all basic and main book entries in your desired Accounting Software or Intuit QuickBooks Software Online. Basic Data will be provided by you in word or excel format for further processing.
Complete Bookkeeping Services by StorkAcc
Complete Bookkeeping or Full Charge Bookkeeping services are provided to you through our expert members having more than 10 years of professional accounting and finance experience.
This service includes all basic bookkeeping services packages and preparation of accurate accounts with financial reports. StorkAcc will take care of all your basic level data entry in a customized Chart of Accounts in Intuit QuickBooks Accounting Software.
You will get all accounts reconciled and all bank accounts & credit cards accurately entered. All your related employees will be provided complete training about how to ensure accurate basic data compilation. Monthly profit and loss statements will be prepared with the Statement of Financial Position (Balance Sheet) and Statement of Cash Flows (Cash Flow Statement).
All account finalization will be provided to you in this package with Customised formates.
Financial Controller or Virtual CFO Services by StorkAcc
Only entering basic data and preparing final reports is helpful for companies that have hired a full-time CFO. Small firms cannot afford the hiring a full-time Chief Financial Officer for decision-making and controlling the financial transactions. StorkAcc provides a full-time virtual CFO for you to give proper direction and financial decision-making.
A virtual Financial Controller or CFO gives direction to your company about which projects to apt or reject. this service provides advanced predictions about success probability and your company’s future prospects to get funding.
How StorAcc will Provide Bookkeeping Services?
After having professional experience of more than 12 years in the Accounting and Finance Department of different organizations, StorkAcc will assist you and direct you in a proper way.
The proper orientation meeting will be held and the goals of engagement will be decided. The financial data of any company is an asset to us and will take care of it properly. You will get a Data Integrity Agreement before interacting with StorkAcc for secrecy.
If you have any further queries and questions in your mind please get in touch with us. We will give free advice and answer all your questions.
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