1. Accounting Services:
   • Financial Reporting: Preparation of financial statements such as balance sheets, income statements, and cash flow statements to provide an overview of the company's financial position.
   • General Ledger Maintenance: Recording all financial transactions in a central ledger to ensure accurate and up-to-date records.
   • Account Reconciliation: Matching financial records with bank statements and other financial documents to identify discrepancies and ensure accuracy.
   • Financial Analysis: Analyzing financial data to identify trends, opportunities, and areas for improvement.
   • Budgeting and Forecasting: Assisting businesses in creating budgets and forecasts to plan for future expenses and revenue streams.
   • Tax Planning and Compliance: Providing guidance on tax planning strategies to minimize tax liabilities while ensuring compliance with relevant tax laws and regulations.
2. Bookkeeping Services:
   • Accounts Payable: Recording and managing all outgoing payments to suppliers, vendors, and creditors.
   • Accounts Receivable: Recording and managing all incoming payments from customers and clients.
   • Invoicing: Creating and sending invoices to clients for goods or services rendered.
   • Expense Tracking: Monitoring and categorizing business expenses to track spending and identify cost-saving opportunities.
   • Bank Reconciliation: Comparing bank statements with internal financial records to ensure accuracy and identify discrepancies.
   • Financial Record Maintenance: Organizing and maintaining detailed records of all financial transactions for easy reference and auditing.
3. Payroll Services:
   • Payroll Processing: Calculating employee wages, salaries, bonuses, and deductions accurately and on time.
   • Tax Withholding: Withholding and remitting payroll taxes to the appropriate government agencies on behalf of the employer.
   • Direct Deposit Setup: Facilitating direct deposit payments to employees' bank accounts for added convenience and efficiency.
   • Employee Benefits Administration: Managing employee benefits such as health insurance, retirement plans, and paid time off.
   • Payroll Tax Filings: Filing and remitting payroll tax returns, including quarterly and annual filings, to ensure compliance with tax regulations.
   • Compliance Services: Staying up-to-date with changes in payroll laws and regulations to ensure compliance and avoid penalties.

My Accounting, Bookkeeping, and Payroll service helps businesses manage their financial operations efficiently, minimize errors, ensure compliance with regulations, and make informed financial decisions to support growth and success.