Bookkeeping is a process of recording of financial operations of a business.
Accounting refers to making financial accounts. It includes interpretation, summarization of financial data, analysis of data, reporting, and classification.
There are two types of Bookkeeping – Single entry Double Entry
Businesses and entities need to run a well-maintained accounting system of their organization so that it can help them in handling their businesses more effectively.
Lack of time, information, expertise, and ability can lead a business to go for the option to avail of outsourcing bookkeeping services. Outsourcing services help businesses in minimizing workload so that they can focus more on their businesses.
No, both are different from one another. Bookkeeping is the maintaining of records of a business transaction accurately on the other hand payroll maintains the employee’s wages’ related data.
Our team ensures the confidentiality of the clients and their businesses and assures you that your details and information are our topmost responsibility and are completely in safe hands.
The team maintains records through computers and online modes. There are various techniques available that make the job of a human easy. The expert’s team knows the required software that will use in managing the accounts.