General Accounting Services

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We at Simple Solutions handle almost every assignment ranging from Bookkeeping Services to Financial Analysis, Taxation, and Tax Returns Filings. We can complete it quickly, accurately, efficiently and at a nominal cost of doing the same work in-house. Our Staff can systematically compile and record the financial transactions from the business documents like invoices, payroll time cards, paid bank checks, and receiving reports. This also includes preparing special journals (daily logs) like sales journal; a purchases journal, a cash-receipts journal, and a cash-disbursements journal are used to record recurring transactions. Our services include the preparation of:  

  • General Ledger
  • Transaction Entry
  • Income statement
  • Balance sheets
  • Bank reconciliation
  • Budgeting
  • Detailed activity reports / Inventory
  • Maintain inventory records
  • Inventory level reports
  • Accounts Receivable
  • Invoicing clients
  • Deposits
  • Receiving Payments
  • Aging reports
  • Tracking delinquent accounts
  • Accounts Payable
  • Enter Invoices
  • Making payments
  • Scheduling payments
  • Check Printing
  • Aging reports
  • Job Costing
  • Track costs by job
  • Job profitability reports Budgeting

Financial Services
Formal accrual basis statements are prepared in accordance with Generally Accepted Accounting Principles (GAAP) established by the American Institute of Certified Public Accountants.

Cash Flow Analysis Your cash position at the end of the year is compared to the position at the start, and the constant flow of money in and out of the business over that period.

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