Book Keeping Services

Services

Bookkeeping services encompass a wide range of tasks that track, categorize, and record your business's financial transactions.

Transaction Recording

This involves recording your business's income and expenses in accounting software or a bookkeeping system, including sales invoices, customer payments, vendor bills, payroll information, and other financial transactions.

Bank Reconciliation

Regularly reconciling bank statements with internal accounting records is crucial for accuracy and identifying discrepancies, as bookkeepers match deposits, withdrawals, and outstanding checks.

Accounts Payable & Receivable Management

Bookkeepers manage accounts receivable and payable, tracking customer payments and vendor payments, ensuring timely payments to vendors and chasing outstanding payments.

Payroll Processing

For businesses with employees, bookkeeping services can include calculating salaries and taxes, generating paychecks, and filing payroll tax reports.

Financial Reporting

Bookkeepers create essential financial reports like income statements, balance sheets, and cash flow statements, which provide a comprehensive view of a business's financial health and profitability.

Sales Tax Management

Depending on your location, bookkeeping services might involve managing sales tax collection and filing sales tax returns.

Bookkeeping Cleanup & Catch-Up

Bookkeepers can assist in maintaining clean and organized financial records by catching up on backlogged transactions and addressing any errors or inconsistencies.

Account Automation

Some bookkeeping services leverage technology to automate repetitive tasks like data entry and bank reconciliation, saving you time and increasing efficiency.

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How We Work

Book Keeping Services in KK-TechHub Covers

KK-TechHub Book Keeping Services

The business owner is required to maintain financial documents such as receipts, invoices, bank statements, and other income/expense records.
Bookkeepers meticulously record transactions in accounting software or systems, categorizing them according to a chart of accounts for consistency and future analysis.
The bookkeeper conducts monthly bank reconciliations, matching bank statements with accounting records to identify and rectify discrepancies in deposits, withdrawals, outstanding checks, and other bank activity.
The bookkeeper is responsible for managing incoming and outgoing money, including sending invoices to customers, tracking outstanding payments, and processing vendor bills to ensure timely payments.
Bookkeepers handle payroll for businesses, including calculating salaries, taxes, generating paychecks, and filing tax reports to tax authorities.
The bookkeeper generates financial reports, including income statements, balance sheets, and cash flow statements, to analyze a business's financial health at regular intervals.
The bookkeeper will maintain clear communication with you, address discrepancies, and ensure financial understanding, while also collaborating with your tax advisor to provide organized financial records for tax preparation.

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Technologies we used

Technologies and Tools We Work In KK-TechHub.

We used Technology and Tools for Book Keeping :

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PHONE:

+1 630.864.2371

EMAIL:

info@kk-techhub.com

LOCATION:

Comstock Ln Naperville, IL 60564-4329 USA