- Bookkeeping: Record financial transactions and maintain accurate financial records for the business, including accounts payable and receivable, payroll, and bank reconciliation.
- Financial statement preparation: Prepare financial statements, such as balance sheets, income statements, and cash flow statements, to help the business understand its financial performance.
- Tax preparation: Prepare and file tax returns for the business, including income tax returns, sales tax returns, and payroll tax returns.
- Budgeting and forecasting: Assist the business with budgeting and forecasting its financial performance to help it make informed business decisions.
- Accounts receivable management: Manage the collection of customer payments owed to the business, including sending invoices and following up on overdue payments.
- Accounts payable management: Manage the payment of bills and invoices the business owes to vendors and suppliers, including tracking due dates and making timely payments.
- Payroll processing: Process payroll for the business, including calculating employee salaries, deducting taxes and other withholdings, and distributing paychecks.
- Financial analysis: Analyze the business's financial performance and provide insights and recommendations to help it improve profitability and efficiency.
- Audit and assurance services: Conduct audits and provide assurance services to ensure the business's financial statements are accurate and compliant with accounting standards.
- Advisory services: Provide advisory services to help the business make informed financial decisions, such as evaluating investment opportunities or developing financial strategies for growth.