Saturday, May 29, 2010

Bookkeeping Solutions at Affordable Bookkeeping Service Fees

Hi-Tech Bookkeeping Services is an accurate bookkeeping service provider outsourcing company specialized in bookkeeping services, financial accounting services to customers in different parts of the business world. We have highly certified and experienced bookkeepers to work perfectly and carefully on bookkeeping requirements. Our bookkeeping services are concerned with small, mid and large size business firms in different industries.

Bookkeeping is a one of the main task for any business. Bookkeeping is a method of keeping track of every transaction or record of a business on daily basis. If you want to keep all the financial transactions records appropriately for your business so bookkeeping is better options to keep all the financial transactions records. Our efficient bookkeeper will do bookkeeping accounting solutions for you.

Hi-Tech Bookkeeping Services have highly knowledgeable professionals to handle all your financial accounting bookkeeping queries regarding new projects, planning, output formats, quality procedures, delivery schedules, and administrative issues on 24/7 x 65 bases. All tasks are performed under careful and energetic monitoring by our project management team.

Our wide ranging bookkeeping services include:

• Bank Reconciliation
• Account Receivable
• Account Payable
• Payroll processing
• Trial Balance sheet preparation
• Financial Statement preparation
• General Ledger Maintenance

Above all the services we provide cost-effective, perfect and timely to our dedicated customers. Also we provide bookkeeping solutions to our committed customers at affordable bookkeeping service fees.

Our company identify the significance of the security of data provided by customers and has implemented some security procedures to protect it. Our servers are extremely secured, firewall protected and well monitored round the clock by experts that prevents unauthorized access to our network and systems. Our privacy policy conforms to worldwide standards and assurance reliable security and confidentiality for customer data.

For more information regarding our bookkeeping service fees so feel free log on to http://www.hitechbookkeepingservices.com and any small business bookkeeping requirements so send us mail at- info@hitechbookkeepingservices.com

Source:

http://www.prlog.org

Saturday, May 22, 2010

Bookkeeping Basics at Reasonable Bookkeeping Fees

Bookkeeping is vital part for every business because if you want to keep all the financial transactions records so bookkeeping is better options to keep all the financial transactions records for your business. Hi-Tech Bookkeeping Services is a most recognized bookkeeping services provider outsourcing company. We have knowledge and professional work-force to manage all yours bookkeeping and financial documents with high dominance and correctness. We are very enchanted to offer 60% off on bookkeeping basics services to our dedicated customers. Our total list of customers of different industries across the world is satisfied with our experienced team. We offer competitive business and technology solutions to our customers worldwide.

Taking advantages of IT-friendly atmosphere with convenience of highly qualified professionals and technology, Hi-Tech Bookkeeping Services pass on greatest results of these equally advantageous factors to our valued customers. We provide a large range of basics bookkeeping services to small, mid and large business. We allocate high advantage services with our well experienced bookkeeping professionals. We have the qualified expertise and experience in handling almost all the trendy and generally used accounting bookkeeping software such as QuickBooks, Peachtree, Sage Line 50, Quicken, MYOB, IRIS, LaCerte and Pro Tax.

Our wide ranging accounting bookkeeping services includes:

• Bank Reconciliation
• Trial Balance sheet preparation
• Financial Statement preparation
• General Ledger Maintenance
• Account Receivable
• Account Payable
• Payroll processing

Our bookkeeping company has success to from its exclusive approach, competitive pricing, quick turn-around time and valuable customer services. Our bookkeeping services focus on quality procedures with support of a great wealth of knowledge, deep industry expertise and modern technology. We have knowledgeable bookkeepers and accounting professionals with the mandatory CAC (Chartered Accounting Certifications)
to work closely with you.

For more information regarding our wide ranging bookkeeping services and bookkeeping basics services so feel free log on to http://www.hitechbookkeepingservices.com and also send us mail at - info@hitechbookkeepingservices.com

Friday, May 14, 2010

Why Bookkeeping Solutions are required?

Bookkeeping is vital part for every business like small, mid and large business. For an accurate maintenance of business accounts in an organization, bookkeeping and the account books maintenance is of most importance. This is because the market circumstances are constantly changeable and you do not know which way it will turn.

Bookkeeping records are mostly helpful in the preparation of tax reports. These are provided by experienced experts in all aspect of bookkeeping and other areas. Bookkeeping is a key factor of any business association because it is not only helps to handle the company's financial transactions but also provides the best financial accounting bookkeeping solutions and techniques, which in turn are significant for company's growth plans. Taking the help of bookkeeping outsourcing is probably one of the most intelligent moves by any business owner. Therefore, it is always a good thing to take the help of this service, as it provides one with better bookkeeping solutions and helps them to expand their business in the right way.

Bookkeeping will assist a business or organization to keep an appropriate record of the entire financial feature. For that reason, every individual or business requires keeping a track of all the financial dealings that they do on a daily basis. For the reason that this is the only thing that will measure how well or how bad their business is doing. Many times it happens that the person managing the accounting and other financial aspect of the business does not make a habit to keep track on all the financial records on daily or weekly basis. Therefore, business owner may not get the appropriate picture for their business - how good or how bad business is doing. This is true especially with small and mid-size businesses. It is very crucial to have all the things well organized and documented, especially if you are of those who forget things.

About the Author:

Get more Information accounting bookkeeping services and also get accurate bookkeeping solutions so feel free contact us and also send us mail at - info@hitechbookkeepingservices.com

Quality Bookkeeping Solutions by Certified Bookkeeping Experts

Bookkeeping is essential part for every business wants keeping records for all the business financial transactions so if you want to maintain all the financial transaction records so bookkeeping assists to keeping all the financial transactions records. Our company has achievement to from its exclusive approach, competitive pricing, quick turn-around time and valuable customer services. Also our online bookkeeping solutions focus in excellence procedures with support of a huge wealth of knowledge, deep industry expertise and modern technology.

Our bookkeeping company has innovative process and techniques for providing quality bookkeeping solutions also support organizations to concentrate their core functions. We have superb customer experience and processes to global business. Also we offer accurate and timely bookkeeping solutions to all small, mid and large scale business.

We are completely dedicated to a personalized approach in supporting to customers. We manage your back-office for your small business bookkeeping services requirements. We work with personalized applications and web based bookkeeping software such as QuickBooks, Peachtree, Sage Line 50, Quicken, MYOB, IRIS, LaCerte and Pro Tax depending on the financial data given to us by customers.

Accounting Bookkeeping Services Includes:

• Account Payable
• Payroll processing
• Bank Reconciliation
• Account Receivable
• General Ledger Maintenance
• Trial Balance sheet preparation
• Financial Statement preparation

Our achievement is based on our quality bookkeeping and accounting solutions. We have sufficient resources to successfully start, execute and complete any size of project. Our main purpose is to complete client satisfaction. We have highly skilled accounting bookkeeping workforce to manage your entire requirement regarding bookkeeping requirements.

For more information regarding our wide ranging accounting bookkeeping services and also Quality Bookkeeping Solutions so contact us http://www.hitechbookkeepingservices.com and send us mail at - info@hitechbookkeepingservices.com
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Hi-Tech Bookkeeping Services is a leading bookkeeping company specializing in bookkeeping and financial accounting services. We provide perfect bookkeeping solutions. Our servers are highly secured, firewall protected and well monitored round the clock by experts that prevents unauthorized access to our network and systems. Our privacy policy conforms to global standards and guarantees fail-safe security and confidentiality for client data.

Source:
http://www.prlog.org

Saturday, May 8, 2010

The Difference Between an Accountant and a Bookkeeper

Bookkeepers are generally more involved in the systems applied to the daily running the business and accountants take the information provided by the bookkeeper to produce end of year accounts and tax returns.

According to the qualifications that are offered by the Institute of Certified Bookkeepers (ICB), bookkeepers are able to perform everything from maintaining the sales and purchase ledger accounts, all the way up to producing VAT returns and constructing management accounts. Accountants then take what work the Bookkeeper has produced during the year to devise tax strategies, business advisory services and auditing of the clients accounts.

Bookkeeping and accountancy are complimentary fields; the two professions work hand-in-hand with each other thus if the bookkeeping expert of this partnership does not perform well, their bad job will hinder the important work of their accounting associate. The line between where the bookkeepers job ends and accountants job begins can be blurred however many accountants have the skills to perform most of the tasks that a bookkeeper is able to. Even though both services are essential to a well run business, the services of a bookkeeper are more affordable than that of an accountant.

Bookkeepers are capable of producing Management Accounts and cash flow forecasts for their clients that will allow clients to have the financial transparency they need to make informed important decisions. The management accounts also show the client the effects of a business decision on their finances on a regular basis instead of only being able to see this in the end of year accounts when it may be too late to make changes.

It is very important that you source a bookkeeper that performs their role effectively with the correct experience and qualifications or you could face fines from HMRC and higher Accountancy bills with increased hours due to inefficient bookkeeping throughout the year.

The Local Bookkeeper is a national network of bookkeeping and financial management firms that specialize in small- to medium-sized businesses.

Source:

Ezinearticles.com

Trust Account Bookkeeping Basics

Trust account rules vary from state to state, but one constant for attorneys or anyone working in a fiduciary capacity is the over-riding fear of running afoul of strict requirements. Take the following steps and you won't lose sleep worrying about your responsibility to comply with complicated trust account regulations.

1. Migrate from Manual to Automated Record Keeping

Review your firm's trust bookkeeping procedures and identify which procedures are managed manually. Often, law firms enter each client's transactions separately and issue trust checks manually. Manual bookkeeping is the root of several problem areas. Not only are manual processes time-consuming, but also mistakes are difficult to detect and reports are next to impossible to prepare.
A good trust accounting software program can easily replace ALL your manual bookkeeping tasks and provide you with total control of your trust accounting. You will:

o Simplify transaction entries, trust check printing, bank reconciliations, and generating reports

o Readily detect errors

o Maintain an audit trail for any changes made in your trust books

o Make it easy for your accountant to review your trust data and make appropriate corrections without shuffling through stacks of paper

2. Choose Your Trust Accounting Program Wisely
Don't rush to embrace the first accounting program you find to manage your trust books. Many accounting packages that work very well for general operating accounts often lack features that trust accounting requires. For example, general accounting packages typically do not produce client ledgers easily and do not prevent trust accounting mistakes from occurring. There is typically no audit trail log and one can even go back to reconciled months and edit prior transactions. That's not proper trust accounting! When you evaluate your trust program choices, consider the following questions:

o Does the program make deposits and disbursements in each client account very easy to enter, track and reconcile?

o Is the program designed to prevent common trust accounting errors, such as duplicate check numbers, client ledger overdrafts etc.? These are examples of problems that must be stopped at the transaction entry itself.

o Are required monthly reports such as ledger card balances, transactions, reconciliation and three-way reconciliation, etc. easily produced?

o Is there an option to print trust checks and/or deposit slips?

3. Avoid Commingled Bank Trust Accounts

A client trust bank account is a special kind of account. Today, many banks offer a particular type of trust account with separate sub-accounts for each client.

A bank account that allows you to manage individual client funds separately provides a double layer of protection for your firm because a bank can also alert you to any client ledger overdraft situation. Additionally, you will receive monthly client ledger trial balances from the bank, which you can then match with your office client ledger records.

4. Archive Closed Client Accounts

When a client matter has been completed, the balance on the client's ledger is zero, and all transactions have been reconciled with the bank statement, you should "close" or archive that client ledger. Otherwise, over a period of time, you will be dealing with hundreds or even thousands of "open" client ledgers.

5. Protect Your Trust Software Data File

While a computer or software can be replaced, lost data is not easy to re-create. For trust accounts, always maintain a hard copy of each client ledger on a monthly basis. Make regular backup copies of your trust database files and store them at a remote location.

Automate Today and Put a Stop to Trust Fund Account Worries

Managing trust accounts is easier than you think. Start with a careful review of your firm's trust accounting processes. Begin using trust account software designed to help you comply with state regulations. Remember, a client A's money has nothing to do with client B's money. Your trust books should only contain open accounts. And, make an iron clad rule to backup copies of data files and store them in a secure and separate place. Follow these tips and you will bring order to your trust bookkeeping, tighten controls and no longer worry whether or not you are in full compliance with state regulations.

Source:

Ezinearticles.com


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