Bookkeeping involves the systematic recording of daily transactions in chronological order, forming a crucial part of the accounting information system. In contrast, accounting is a broader information system that includes recording, classifying, summarizing, reporting, analyzing, and interpreting the financial condition and performance of a business. This vital process helps stakeholders make informed business decisions.
At GAA, our professional team, comprising chartered accountants (CAs), accountants, and administrative staff, is equipped to manage your entire bookkeeping and accounting process. From basic accounts receivable (AR) and accounts payable (AP) entry, payments, and processing to the complex responsibilities of a CFO, we’ve got you covered.
Why Choose GAA (GlobalAuditAccounting) for Bookkeeping?
- We prioritize data security with stringent measures to protect your financial information.
- Our services allow you to focus on core business activities while we handle your bookkeeping.
- We provide internationally accepted accounting and bookkeeping outsourcing services, designed to support internal decision-making and reporting.
Our Bookkeeping and Accounting Services
- Setting up books of account in preferred bookkeeping software/formats.
- Developing a comprehensive chart of accounts.
- Categorizing income and expenses for streamlined financial management.
- General ledger maintenance to ensure accuracy in financial records.
- Invoicing services for timely billing.
- Complete Accounts Receivable and Accounts Payable services.
- Preparing aging reports and summaries for better financial tracking.
- Reconciliation services for accounts, banks, credit cards, and PayPal.
- Preparing financial statements that adhere to Generally Accepted Accounting Principles (GAAP).
- Regular preparation of Income Statements and Balance Sheets.
- Cash flow management to maintain financial stability.
- Payroll reconciliation services for smooth payroll processing.
Software Expertise
We are proficient in a wide range of accounting software, including:
- QuickBooks
- Xero
- Zoho
- Profit books
- Oracle
- SAP
Custom Reporting and Analysis
In addition to our standard bookkeeping and accounting services, we provide customized accounting reports that offer in-depth analysis of your business’s performance. These reports are tailored to meet the unique needs of each business unit, providing valuable insights for decision-making.
End-to-End Financial Support
With extensive experience in providing bookkeeping and accounting services both in India and globally, RCR and Company offers clients cost-effective solutions that deliver end-to-end financial and accounting support. Our expertise helps businesses manage their finances efficiently, giving them a competitive edge.
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