Bookkeeping Services In Uganda
Bookkeeping services are the work of keeping up with your general ledger the recording of all your expense and income transactions. Said another way, bookkeeping is the process of “keeping the books” recording the day-to-day transactions of a business. Bookkeeping is the process of recording your company’s financial transactions into organized accounts on a daily basis. It can also refer to the different recording techniques businesses can use. Bookkeeping is an essential part of your accounting process for a few reasons.
Bookkeeping Services In Uganda
Bookkeepers are responsible for providing accurate, up-to-date financial information about a business. They’re always taking the pulse of a business. Most often, their reports go to business owners and managers to help them make decisions. Some bookkeepers, however, are actually involved in strategy development. The term “full charge” means that these bookkeepers manage all of the business’s accounting needs. Besides the typical task of maintaining the business ledger, these bookkeepers prepare financial statements and tax returns, record complex transactions and process timesheets and payroll.
Bookkeeping is a transactional and administrative role that handles the day-to-day tasks of recording financial transactions, including purchases, receipts, sales and payments. Accounting is more subjective, providing business owners with financial insights based on information gleaned from their bookkeeping data.
A Bookkeeper is responsible for recording and maintaining a business’ financial transactions, such as purchases, expenses, sales revenue, invoices, and payments. They will record financial data into general ledgers, which are used to produce the balance sheet and income statement. Bookkeeping is important because accurate accounting records are essential to a company’s sustainability. Accurate bookkeeping helps a business manage its cash flow, meet its financial obligations and plan its investments.
Record financial transactions.
Reconcile bank accounts.
Manage bank feeds.
Handle accounts receivable.
Handle accounts payable.
Work with your tax preparer and assist with tax compliance.
Prepare financial statements.
Take on some payroll and human resource functions.
The Cost Of Bookkeeping Services In Uganda
An industry standard would be to charge about 1-3% of your client’s gross income, and that is about what they should spend on a monthly bookkeeper (or all of their bill pay and invoicing or other office tasks.
List Of Bookkeeping Services In Uganda
Below Are The Partial List Of Bookkeeping Services In Uganda
Esprit Ensemble Consults
P. O Box 840 Kampala, Kampala, Uganda
PHONE NUMBER
+256 392 001889
MOBILE PHONE
+256 752771243
WEBSITE
http://consulteec.com
Pro Savior (U) Limited
ADDRESS
314-731-0, Hoima Road, Namungoona/Kasubi, Rubaga Division, Kampala, Uganda, Kampala
PHONE NUMBER
+256 703003030
MOBILE PHONE
+256751345898
WEBSITE
http://www.prosavior.com
Sinapi Accounting and Bookkeeping Ltd
ADDRESS
Plot 5-7 Nadiope street off Ismail Road Mbuya P.O Box 20067 Kampala, Uganda , Kampala
PHONE NUMBER
+256-753721723
MOBILE PHONE
+256-705051462
WEBSITE
http://www.sinapiaccounting.com
Northwest Global Solutions Ltd
ADDRESS
P.O. Box 1448 Kampala, Kampala, Uganda
PHONE NUMBER
+256754223193
WEBSITE
http://www.northwest-global.com