Accounting & Book Keeping

Accounting & Book-Keeping

Accounting is the sequential process that includes identifying, classifying, summarizing, and communicating financial transactions. The sequence of the step to be followed in accounting activities is known as the accounting process or cycle. Accounting is a continuous process in the life of a business organization; it begins with recording financial transactions (book-keeping) and end with the preparation of financial statements.

Effective financial accounting is necessary for providing critical information to the management and stakeholders. Maintaining accurate financial accounting without a professional can be a challenging task for any Small and medium enterprise else they have to maintain a pool of different skill sets in their payroll which can be additional baggage for the company.

We all know that Bookkeeping is tedious work, and as a business owner it takes you away from more important tasks in your business. At the same time as a key person of the business, you will be more efficient in making business decisions when you have access to your profit & loss and financial statements (AR’s and AP’s) in real-time.

Accounting and book-keeping is not a core business for you. Accounting functionality is comprised of numerous independent sub-functional areas. So, a full-service accounting team needs multiple people with different skill sets. But, it is not necessary that the entire team can be engaged full time if your transactions are low. At the same time, you cannot have just one person taking care of all of your bookkeeping needs because one person can not be a master of all the skill sets.

Don’t carry the additional burden of an accounting team on your payroll and don’t settle with an under-staffed accounting department. As your outsourcing partner, we will help you manage your accounting and book-keeping. We have a team of qualified and competent individuals, who are trained and experienced in the field of finance and accounting. Our trained team will make sure you have your financial information in the palm of your hand at any point in time and we keep your books up to date.

Let the Precis team handle your books, so you can focus on growing your business

 

We are experts in the following services:

Our specialists are ready to provide an analysis of both the market as a whole and its individual components (competitors, consumers, product, etc.), using practical methods and starting from your research goals.

Bookkeeping Services:
Accounts Payable and Accounts Receivable:
Other Accounting Services: