It is no hidden secret that accounting plays an essential role for all small, medium, and large corporations. It helps in keeping track of businesses in various financial transactions, including bookkeeping, business expenses, and economic development.
Professionals like us don't just record, report, summarize, analyze, and interpret financial results; but also assist small and start-up companies with the appropriate investment structure that strengthens their financial stability.
Further, our specialists stringently handle all our patron's bookkeeping and accounting processes, from basic AR and AP entry, payment, and processing, to the more difficult duties of the CFO. Thus, for any business opting for reliable accounting services for their entity plays a significant role as it's a make-or-break situation.
A further classification of these accounting systems is mentioned below:
- Public accounting
- Government accounting
- Management accounting
- Startups Accounting
It is the most extensive type of accounting where our accountants hold specialization in management services, fiscal analysis, and bookkeeping.
As the name suggests, this accounting service is primarily meant for government entities in administering government assets and strategizing their budget.
Calculating, recording, analyzing, and using financial data to manage costs, create budgets, evaluate performance, and maintain assets.
JACK & ASSOCIATES apprehend the significance of being updated with the latest accounting standards, which assist in providing accounting bookkeeping services that capitalize on various decision-making and reporting objectives. We offer our accounting services weekly, monthly, quarterly, and annually depending on the clients' requirements.
Our offerings include:
- Setting up ‘books of account’ in required book-keeping software / formats
- Charting of accounts
- Categorisation of income and expenses
- General Ledger maintenance
- Invoicing services
- Accounts Receivable services
- Accounts Payable services
- Reconciliation services – Accounts, Bank, Credit Cards & PayPal
- Preparing Financial Statements adhering to Generally Accepted Accounting Principles (GAAP)
- Preparing and formatting Income Statement and Balance sheets on a regular basis
- Cash Flow management
- Payroll reconciliations