Bookkeeping service is the practice of recording and keeping track of financial transactions of your business. The bookkeepers are required to summarize the activity of your business regularly into financial reports. These reports showcase the financial position as well as the performance of your business.
It is the responsibility of a bookkeeper to provide accurate, up to date financial data so that the accountants can prepare annual financial reports as well as tax returns for your business.
These accounting reports are used by you as a business owner as well as other stakeholders such as managers to help them make business decisions.
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