BOOKKEEPING SERVICES

Transaction Recording

Accurate recording of all financial transactions, including sales, purchases, receipts, and payments.

Ledger Maintenance

Keeping detailed records of all financial activities in ledgers, including accounts payable and receivable, and general ledger accounts.

Bank Reconciliation

Matching the company’s financial records with bank statements to ensure accuracy and consistency.

Expense Tracking

Monitoring and categorizing business expenses to manage cash flow and budget effectively.

Financial Reporting

Preparation of basic financial reports such as profit and loss statements, balance sheets, and cash flow statements.

Bookkeeping involves the systematic recording, storing, and organizing of financial transactions. It is the foundation of the accounting process.

ACCOUNTING SERVICES

Accounting services encompass a broader scope, including analyzing financial data, preparing detailed financial reports, and ensuring compliance with financial regulations.

Financial Statement Preparation

Compiling and preparing comprehensive financial statements, including with international accounting standards.

Management Reporting

Providing management with regular reports and financial insights to assist in strategic planning and decision-making.

Accounts Receivable and Payable Management

Overseeing the management of incoming and outgoing funds, ensuring timely invoicing, collection, and payment processing.

Tax Accounting and Compliance

Ensuring compliance with local tax laws, including VAT (Value Added Tax) registration, filing, and reporting.

Payroll Services

Managing payroll processing, ensuring timely payment of salaries, and compliance with employment and tax regulations.

Audit Support

Providing support during statutory audits, including preparation of necessary documentation and liaison with auditors.

“AIMSONS ensure that businesses can focus on their core operations while maintaining a solid financial foundation. These services not only help businesses stay compliant with local regulations but also provide valuable insights for informed decision-making and long-term success.”