Bookkeeping Services
Bookkeeping involves the regular recording of financial transactions to ensure that a business’s finances are accurate and up to date. It includes tasks like:
Recording sales, purchases, receipts, and payments
Managing accounts payable and accounts receivable
Handling payroll transactions and journal entries
Reconciling bank statements and credit card transactions
Maintaining accurate ledgers and financial records
Financial Statements
Financial statements provide a snapshot of a business's financial health. These statements typically include:
Balance Sheet : Shows the company’s assets, liabilities, and equity at a specific point in time. Income Statement (Profit & Loss Statement): Shows the company’s revenue, expenses, and profit or loss over a period of time.
Cash Flow Statement : Displays how cash flows in and out of the business, showing the company’s liquidity.
Financial Forecasting
Financial forecasting involves projecting future financial outcomes based on historical data, trends, and assumptions. It can help businesses plan for things like cash flow, profits, and growth. Forecasting typically includes:
Revenue Forecasting : Estimating future sales based on historical data and market conditions. Cash Flow Forecasting: Predicting how cash will move in and out of the business, helping to ensure liquidity and avoid shortfalls.
Expense Forecasting : Estimating future costs, which is critical for budgeting and managing operational expenses.
Budgeting : Creating a financial roadmap for the business, helping to allocate resources and set financial goals.
Our Services include: IT Consulting , Digital Marketing Solution
Bookkeeping,Financial Statements & Forecasting , Payroll Services , Personal & Corporate Tax Services , Business Incorporation Services , and more.
Serving clients across in British Columbia, Alberta, Ontario and Saskatchewan