Bookkeeping is the preparation of recording and tracking the financial transactions of a company. Usually, a bookkeeper would typically summarise this activity into reports that present where the business stands. Then proceed to perform broader tasks such as invoicing, paying bills, preparing tax returns, monitoring key performance indicators, and providing strategic advice.
Types of Bookkeeping:
- Processing of supplier invoices
- Processing of customer invoices
- Managing Accounts Receivable
- Managing Accounts Payable
- Processing of cash books
- Reconciliations of Accounts Receivable, Accounts Payables and Cashbook.
How can we help you?
It is essential, as a business owner, to maintain at least 8 years of bookkeeping records as a requirement for SARS in order to audit. Our services deliver accurate bookkeeping and will be the basis for preparing the financial statements of your company. Here at Hills Business Solutions, we strive for nothing but success for your business, and finances are the best place to start.
What is Our Bookkeeping Process?
Our Bookkeeping process is a thorough and unique approach compared to other companies. We ensure a record will be written up for you on your business financial transactions daily, for it will assist in having accurate and up-to-date records of each transaction. Nevertheless, you can expect the following services from us through our Bookkeeping Process:
• Develop an Understanding Business Account
• Maintenance of the Books
• Processing Invoices
• Recording Transactions
• Balancing the Books
• Managing Accounts
• Processing Cash books
• Reconciliation of Accounts
• Preparing Financial Reports
With us, you will be able to meet your business’s financial goals and increase the value as well as the business’s sustainability. Having accurate bookkeeping helps a business manage its cash flow, meet financial obligations and plan for investments.