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Bookkeeping

StakeVille takes the time to get to know you and your company. That's why we put together a team of Bookkeepers who are Cloud Accounting Specialists to assist you. Our certified team of bookkeepers [having certification in QuickBooks (QBO), Xero, Zoho books, and others] is always available to assist you. We keep the individuals familiar with the technique and procedures, and most importantly, you receive the same level of familiarity that an in-house team gets. We rotate jobs within the team so that if one of the bookkeepers isn't available for a day or so, there's someone ready to step in who already knows you and your company.

What is bookkeeping?

The process of documenting, analyzing, and interpreting the financial transactions of a corporation or a person is known as bookkeeping. Bookkeeping is a discipline that accounts for a significant amount of the accounting process as a whole. The responsibility of a bookkeeper is to organize financial accounts in such a way that an accountant may easily conduct legal and tax management tasks in a timely manner.

What does a bookkeeper do?

In order for a firm to get accurate information about its financial activities, a professional and compliant bookkeeper should be able to maintain financial records that are accurate. Any company's future performance is dependent on the accuracy of its records. Not only are these documents essential for the operation of the firm, but they are also required by law. An adequate bookkeeper must have the following skillset;

  • Properly configure accounting systems and software
  • Enter and Categorise transactions properly.
  • Carry out audits, reconciliations, and end-of-year procedures.
  • Ensure that they are aware of the latest information floated in the market on legislation standards as well as management reporting.
  • Comply with all regulations pertaining to payroll and taxation.

The bookkeeper is responsible for maintaining comprehensive and up-to-date detailed accounts receivable, accounts payable, and cash account ledgers, as well as providing daily or weekly reports on these and other essential areas of business administration. The bookkeeper either conducts payroll or creates the appropriate entries to record payroll processed by a third-party provider, depending on which option is selected. The entire recording of gross wages, employer tax, and other payroll expenditures, as well as payroll liabilities, will be included in payroll entries in either situation.In order for a firm to get accurate information about its financial activities, a professional and compliant bookkeeper should be able to maintain financial records that are accurate. Any company's future performance is dependent on the accuracy of its records. Not only are these documents essential for the operation of the firm, but they are also required by law. An adequate bookkeeper must have the following skillset;

What are the Benefits of Outsourcing Your Bookkeeping to StakeVille Accounting Services?

  • Easy Access to Competent and Experienced Bookkeepers: Has your company just lost a talented bookkeeper to a competitor firm? Do you find it difficult to recruit new members to your team or to hire more bookkeepers? Do you want an expert bookkeeper who will also reduce your overhead costs to a minimum? When it comes to outsourcing your company's financials to a skilled and trustworthy bookkeeper, you can't go wrong with someone who has at least 3+ years' expertise, and that's the answer to all your queries.

  • Flexible Scalability and Immediate Capacity Building:By outsourcing bookkeeping to us, you can swiftly grow your company by adding trained bookkeepers to your team. Our offshore bookkeepers will quickly adapt your internal work procedures, allowing you to save important time on training and managing them.

  • Cost-Effective:You may save up to 50% on all bookkeeping, accounting, and tax-related duties. You save money, put in more hours, and see a growth in revenue. Your company increases sales profitability while maintaining a healthy bottom line.

  • Time Savings:All IT and other organizations suffer from a lack of time to investigate new development opportunities due to day-to-day bookkeeping issues. Firms in the 21st century must act as consultants to their clients, and outsourced bookkeeping from StakeVille guarantees that your business meets the high standards of your clientele.

  • Custom Engagement Models:StakeVille realizes that every firm having a different line of business has a unique set of requirements and offers a variety of custom engagement models. Whether you have seasonal work, regular work, or feel your company may benefit from the services of a full-time equivalent (FTE) bookkeeper, we have models that fit your needs.

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