Buisness Accounting
What is business services?
Business services is a general term that describes work that supports a business but does not produce a tangible commodity. … A good business service aligns IT assets with the needs of a company’s employees and customers and support business goals, facilitating the ability of the company to be profitable.
improved cash flow
If you pay electronically, you can wait until the morning of the day a bill is due to make payment. This buying of time improves your cash flow. You can also use a business credit card as some offer a grace period as long as 21 days, which can do a lot to increase your cash flow.
greater efficiencies
Efficiency is about making the best possible use of resources. Efficient firms maximise outputs from given inputs, and so minimise their costs. By improving efficiency a business can reduce its costs and improve its competitiveness.
less stress
We will handle all the complex maths that u can have no stress on it.
What We Have Here for You
You work so hard for your business ,why not ensure it grows.
Annual business tax returns
A business tax return is basically an income tax return. The return is a statement of income and expenditure of the business. Also, any tax to be paid on the profits made by you is declared in this return
business book keeping
Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business. Transactions include purchases, sales, receipts, and payments by an individual person or an organization/corporation.
business structure services
In the commercial field, a business structure refers to the organization of a company in regards to its legal status. Choosing the most appropriate business structure creates a legal recognition for your trade.
business plans and projections
A business plan is one of the key building blocks of any new company. One of its main components should be financial projections for your first two years. These projections are forecasts of your cash inflows and outlays, income and balance sheet.
cash flow forecasting
A cashflow forecast is a plan that shows how much money a business expects to receive in, and pay out, over a given period of time. ... Check out our article on how to make a cashflow forecast for more information on the process and benefits of financial forecasting for small businesses.
consultation and tax planning
Tax planning is the analysis of a financial situation or plan from a tax perspective. The purpose of tax planning is to ensure tax efficiency. ... Reduction of tax liability and maximizing the ability to contribute to retirement plans are crucial for success.
ray accounting experts in a range of business accounting service.
Long hours leave you with little time to see what’s really happening in your business and keeping your accounts up to date often gets out of control and the invoices and receipts soon build up.
FAQ
AccountingDepartment.com uses the power of the internet to provide you with online bookkeeping services. The technical term for this service is an ASP or Application Service Provider. AccountingDepartment.com uses an ASP to host all client data and QuickBooks financial accounting software, which is updated and maintained by the service provider. By using the services of an ASP, your company experiences the convenience of 24/7 access to information on a secure network server, anywhere there is an internet connection.
Let a professional do a professional’s job. If you are like most business owners and CEOs, you take full pride in the services or products your company provides. You want to focus your time and energy on business strategy and goals. Outsourcing the accounting department to a dedicated, highly skilled professional services firm allows you to do exactly that. By outsourcing your accounting to AccountingDepartment.com, you’ll save valuable time in your day, reduce operating costs and gain peace of mind.
The short answer: No. You actually have more control since you’ll have accurate, up-to-date financial statements at your fingertips. You’ll have more time and money to plan instead of simply reacting to business events.
You have 100% control of all money and the decision on how it is used or invested. You decide what individuals and which vendors get paid. We provide the data, but you approve all invoices for payment and sign all checks.