Book Keeping and Accounting Services

Bookkeeping is the process of recording, in chronological order, daily transactions of a business entity. It forms part of the accounting information system. On the other hand, accounting is an information system– includes the process of recording, classifying, summarizing, reporting, analyzing, and interpreting the financial condition and performance of a business – in order to communicate it to stakeholders for business decision making.

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We apply stringent data/information security measures for your bookkeeping needs so that you can focus on your core competencies while we manage your bookkeeping activities. We Erika Consultancy realize the importance of being updated with accounting and are here to provide you with internationally accepted accounting & bookkeeping outsourcing services that can be utilized for various internal decision making and reporting purposes. We provide bookkeeping services & accounting services – weekly, monthly, quarterly, and annually as per the requirement. Our bookkeeping and accounting services include:

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• Setting up ‘books of account’ in required bookkeeping software/formats

• Charting of accounts

• Categorization of income and expenses

• General Ledger maintenance

• Invoicing services

• Accounts Receivable services

• Accounts Payable services

• Preparing ageing reports and summaries

• Reconciliation services – Accounts, Bank, Credit Cards & PayPal

• Preparing Financial Statements adhering to Generally Accepted Accounting Principles (GAAP)

• Preparing and formatting Income Statements and Balance sheets on a regular basis

• Cash Flow management

• Payroll reconciliations