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Accounting and Bookkeeping

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Accounting and Bookkeeping
Outsourced Bookkeeping services
Advantages of Good Bookkeeping
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Accounting plays a dynamic role in the success of any business enterprise. A business unit is started by owners to increase their wealth and or offer better services like Not for Profit Organizations.This transactions may be of diversified nature e.g. retail or wholesale trade, import or export of goods and conversion of raw materials into manufactured goods.

Every business enterprise is treated a separate unit than its owners for accounting purposes. Accounting principles must be applied by all these enterprises to achieve their objectives. It is a legal requirements that proper records should be maintained in order to determine taxes payable in Kenya. failure to keep these records will attract penalties and interest.

Outsourced Accounting services

  • Accounting System set up
  • Financial Statements and reports
  • Budgetary control
  • Inventory Control
  • Internal Control System
  • Non Statutory Audits
  • Income (profit loss) statement
  • Balance Sheet
  • Cash flow statement
  • Preparation of monthly management accounts

Advantages of Accounting

  • Ascertainment of profit and loss
  • To facilitate credit transactions
  • Assessment of tax
  • Evaluation of assets and liabilities
  • Tool for control
  • Base for further planning


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