Accounting and Bookkeeping
Organised accounts a business can rely on
When transactions happen regularly, the books need to keep up. Accurate, current records make GST, tax and any conversation with a bank or auditor simpler — and they make the numbers a business owner can actually use.
Akash Agarwalla & Co. takes on recurring bookkeeping and accounting for operating businesses, keeping financial records organised and reconciled as the year goes on.
This service covers the keeping and reconciliation of records. The scope of each engagement is agreed in advance, and not every service is included in every engagement.
Common situations
Situations where this service usually helps
- Books are kept in spreadsheets or partly on paper, and need a clearer structure.
- Records have fallen behind and are being brought up to date only at year-end.
- Bank, supplier and customer entries are not being reconciled regularly.
- The business has outgrown part-time or informal accounting arrangements.
- A lender, auditor or another party has asked for organised financial statements.
- The owners want current numbers they can read and rely on during the year.
Services
What the firm can help with
- Bookkeeping and the maintenance of financial records
- Accounting reconciliations — bank, supplier, customer and expense entries
- Documentation and financial reporting within the agreed scope
- Coordination of financial records for tax, GST and compliance work
- Periodic review of the records so issues are noticed in good time
The services included in your engagement depend on what the business needs and what is agreed.
Questions
Questions businesses ask
Enquiry
Discuss your accounting requirement
Describe the business and what you need. Akash will review your enquiry and the firm will get back to you.