WHAT IS THE MEANING AND PURPOSE OF BOOKKEEPING?

Bookkeeping is simply recording of Financial Transactions of a business. It helps to:

a) To understand Profit or Loss resulting from business activity for any period
b) To know the financial status of a business by showing its Assets, Liabilities, and   owners Equity on
any day. This provides you with accurate and detailed data;


c) To get analytical reports to manage and control business to improve profits
d) To prepare accurate tax returns for IRS
e) To maintain permanent classified record of details of all income and expenses
f) To get accurate statements of your customers for timely collections
g) To get accurate statements of suppliers to make payments on time
h) To present correct financial statements to get financing from banks/partners

i) To assure compliance of various taxing and regulating agencies by filing required reports/returns like returns for sales tax , franchise tax, payroll etc. 

j) To attain valuation of business for buying or selling business any time

WHICH INDUSTRIES ARE SERVED BY US?

We have more than 700 business clients which include:
a) All areas of Business
b) All States of the USA
c) All sizes of business We serve businesses having annual revenue of $50,000.00 to those having sales of $ 50,000,000.00.