Bookkeeping and Accounting
Bookkeeping is essential to any business whether it is big or small. Unfortunately, this practice is neglected most of the time which in return negatively affects businesses. According to CPA Australia, there are businesses that fail because of bad management of their finances while others have poor or no accounting records. Apart from accounting or financial records being a necessity for businesses, they are also compulsory by law.
Keeping accurate and up to date financial records is imperative for your company to maintain its competitive advantage. There are many advantages to having your bookkeeping records managed professionally. Efficient bookkeeping will provide you with more time to concentrate on the tasks that may help to grow your business and will ensure increased accuracy as a trained professional will reduce the likelihood of administration mistakes.
Prodigy Taxes bookkeeping and accounting services provide you with real-time access to your cash flow, debtors and creditor information enabling you to make informed decisions promptly to minimize risks and maximize profits. Our bookkeepers will ensure reliable and accurate books are kept for your company using secure market-leading accounts software, allowing you to concentrate on building your business.
Monthly/Quarterly/Annual Bookkeeping
We record all the transactions you do by keeping the books on a periodical basis and provide you with the necessary reports that are required for taking important decisions in the business.
Our QuickBooks review service helps companies that have the human resources to perform daily accounting and payroll tasks, but need an accounting and payroll expert to review your transactions, accounts, and reports. This review ensures that you receive timely, relevant and reliable financial information. We also inform you of any corrections, adjustments or reclassifications necessary to ensure that the financial information you receive reflects the correct financial condition of your business. Reviews may be conducted at any time, but monthly reviews provide you with up-to-date information and feedback about your business.
What's in our store...
Bookkeeping and accounting services include:
- Reconciliation of your bank accounts
- Clean up your general ledger
- Generate an income statement
- Generate a balance sheet
- Provide unlimited consultations
- Payroll reconciliation
- Accounts payable reconciliation
- Accounts receivable reconciliation