Bookkeeping in the context of a business is simply the recording of financial transactions. Transactions include purchases, sales, receipts and payments by an individual or organization. Many individuals mistakenly consider bookkeeping and accounting to be the same thing. This confusion is understandable because the accounting process includes the bookkeeping function, but is just one part of the accounting process.
We provide bookkeeping services up to trial balance to a broad variety of businesses, from agriculture to manufacturing. The recording of financial transactions are done on Pastel Accounting, and are reviewed on a regular basis by the firm’s partners, whom reports and discuss the results with business owners and managers. We simply do not merely report on the financial results, but provide insight and advice to help business owners and managers understand the financial concepts of business. We also develop business strategies with business owners and guide them accordingly to achieve the desired results and stay on course.
Rather outsource your bookkeeping functions to a professional, whom has adequate training and the necessary skill-set to provide quality and consistent record keeping, than to become frustrated for not understanding the difference between debit and credit, or income, expenses, assets and liabilities.