Recording Values

Performing financial analysis on any business with incorrect data is one of the worse things a business can do and can cause monetary losses hence appropriate recording for each and every individual transaction is extremely important. It is the summation of every individual transaction that culminates in a set of financial statements. Any different aspects go into ensuring that an accountant has the means and ability to post a transaction properly.

Training of the staff, timeliness of processing paperwork, a functional accounting system, and efficient workflows all contribute to the seamless processing of accounting transactions. Proper maintenance of source documentation is a key and often overlooked factor to ensure proper and accurate transactions are posted to the accounting system.

It is critical that a business receives good financial information. recording are the foundation. Managing your input effectively will provide better internal controls and ultimately better financial reporting. We help implement the best accounting practice strategies for recording such values.

Reporting Values

Financial information is critical to management in order to understand the financial health of the organization and to allow management to make decisions in a timely manner. Reporting of monthly, quarterly, and Year-end financial statements is required with a strong deadline requirement. Apart from Financial, client needs to report various reports to various authorities like banks, tax departments, Investors and regulatory authorities, etc delay in submission of the same will leads to penalties and some time prosecutions. Bookkeeping 360’s has the ability to provide great solutions for client reporting requirements in a timely manner.

At Bookkeeping 360, we employ the finest and most capable personnel, all highly motivated and skilled. We ensure that their competencies are aligned with the custom needs of our clients, allowing us to demand exemplary results as we greatly invest in their development.

Presenting Values

Ensuring relevant and useful internal and external business reporting. supporting the governing body and senior management in making decisions and facilitating the understanding of the performance of organizational functions or units by producing various kinds of reports, CEO dashboards, Variance analysis, Rolling forecasts, Commercial billing variance, etc. The primary function of MIS is to help stakeholders to take any action, answer a question or ask the right question.

The questions or actions should directly relate to tactical or strategic goals. A sales manager who uses projections from the financial systems to compare with actual sales from the sales system can better gauge whether goals will be met. If the target is not going to be met, then the manager and his group can review their past actions and make necessary changes in order to increase sales and meet goals.