Bookkeeping Accounting Services Bookkeeping involves the recording of financial transactions by an individual or organisation. It is a legal requirement to keep records that are accurate and true for a period of at least 5 years from the date that the documents were prepared, obtained or the transaction completed, whichever occurs the latest. Being compliant on this front can be a very time consuming process and causes many headaches for small and medium business in Australia.
NS & Associates is able to provide bookkeeping services that will free you to focus on the operational side of your business.
Basic bookkeeping services include: Bank Reconciliations: compare your internal records with bank statements in order to identify and rectify any discrepancies Profit & Loss Statements: generated monthly and/or annually that reports the earnings of a business by stating all relevant income and all expenses that have been incurred to generate that income. Also referred to as an Income Statement. Cash Flow Management: manage your cash flow to ensure you have cash when you need it. This is the most critical aspect of business.
Financial Reporting & Analysis: key information about the financial state of your business into language you can understand.
Accounts Payable & Receivable: identify money you owe suppliers and money that is owed to you by your customers. End of financial year processes: take away all the pressure associated with ensuring your books are ready for the end of financial year. Budgeting: forecast your income and expenditure in order to identify how much you afford to dedicate to particular expenses.
With the chronic shortage of professionals, are you or your business struggling to find and retain a good bookkeeper? Outsource your bookkeeping function to NS & Associates experts, for a more efficient and cost-effective professional solution for your business.
About us NS & Associates has been established to bring specialist advice that will be suitable for your individual or business requirements. At NS & Associates, we know how important your business is to you. We serve as your accounting and business advisors, drawing on our experience from working with independent business owners to help you solve complex problems as your business grows. As such we are able to maintain an intimate understanding of our clients and their business, financial and taxation affairs and can bring our experience and skill directly to the work performed by our firm.
For More Information Please Visit: http://www.nsassociates.com.au/