So Efficient Accounting Services offer a full range of bookkeeping services, whether you are looking for someone to manage all aspects of your day-to-day bookkeeping functions or you just need help entering transactions at the end of the month. Contact us today for a free consultation and we will work with you to determine the best bookkeeping solution for your organization to match your needs and budget.
Some of the potential benefits of accurate and timely bookkeeping are:
Gives a snapshot of the financial standing of your business
Improves financial analysis and business planning
Improved accounts receivable to cash conversion
Avoid late charges and penalties by keeping on top of accounts payables
Better cash management due to improved measurement of spending. Effective cash management is crucial to the success of a business.
Current and readily available data and account balances, such as bank accounts, credit lines and credit cards
Improved vendor and customer relationships
In the event of a CRA audit, having accurate and organized financial records can make the process smoother and less stressful
Reduces the time and or cost of preparing your tax return
In short, good bookkeeping practices can be viewed as a sound business investment instead of just a necessary business expense. It can save you money and helps improve the efficiency of your business.
- We offer services in:
- Accounts payable
- Accounts payable is money owed to vendors for products and services. By processing your accounts payable in a timely manner, we can ensure that your business takes advantage of any discounts and avoids penalties for late payment. It can also help you track how much you are spending on any particular product or service and identify whether changes should be implemented.
- Accounts receivables
- Accounts receivables is money owed to your business by customers. By managing your accounts receivables effectively, we can improve your net revenues and cash flow. Also, grouping sales into appropriate categories can help you determine the profitability of individual products or services.
- Bank and credit card reconciliations
- Financial statements
- Month end/year end
- Cash flow
- Accounts payable
Serving Squamish, Chilliwack, and Hope
Areas of Service: Chilliwack Bookkeeper, Chilliwack Accounting, Chilliwack Bookkeeping, Squamish Bookkeeper, Squamish Accounting, Squamish Bookkeeping, Hope Bookkeeper, Hope Accounting, Hope Bookkeeping