Bookkeeping

Bookkeeping

Bookkeeping as the name suggests is a very important business aspect as it holds the records of all the major and miscellaneous transactions. If a business entity decides to maintain these records by itself, it occupies a lot of time as the records are intricate and require constant monitoring and up-gradation. By outsourcing this tedious process to our team at Effinance, you can unburden yourselves by trusting us to completely take care of this process and invest your precious time in the expansion and growth of your business. We offer valuable insights about the performance of your business with your income and expense charts that helps you to evaluate and control your cash flows as per the new report establishment.

Effinance Foracc works for people and by the people. We understand that some businesses may not require our constant services. in such cases, these services can be outsourced partially or completely as per the need and budget of that business entity.

Reports

The types of reports that we provide:

• Master data creation
• Duplicate transactions
• Possible misclassification
• Preparing weekly cash budget as per client’s requirement
• Preparing month-end/ year-end adjustments to financial statements such as prepaid, accrual, depreciation, allowances for doubtful debt and bank reconciliation.
• Other customized reports