XternalCo Services
Includes provision of a complete and accurate recording of your day-to-day business transactions and records. Our team is composed of accounting professionals who are committed in providing accurate and practical Accounting and Business solutions tailored fit for your business.
We ensure an efficient and effective record keeping process that retains correct and current financial records. The combination of experience and knowledge are our basis in providing our customers with all the important financial reports necessary towards making informed business decisions. By outsourcing your accounting and bookkeeping requirements, you will have more time to focus on your core business operations and increase profitability.
Our comprehensive accounting services includes:
Business Registration
Business Renewal
Accounting & Bookkeeping
Payroll Services
Tax Preparation & Compliance
Intellectual Property
Trademark Registration
Product Registration
Transfer of Title and Real Estate
Visa Services
Bookkeeping
Bookkeeping services include, but are not limited to:
- maintaining and evaluating financial transaction records in books of account such as sales, purchase, cash journals, ledgers or computerised accounting systems
- preparing budget or income expenditure reports, profit and loss statements and trial balances, and
- the making of statutory returns as permitted by law but not making of any subjective decisions in relation to those returns.
Examples include payroll services, data entry of revenue and expenses and basic depreciation calculations.
Financial Reporting
Financial reporting activities include:
- compilation
- preparation of financial statements
- disclosures and notes to accounts
- other calculations required by accounting standards
- corporate secretarial services.
Compilation engagement involves compiling financial information, such as statements. Financial statements are a structured representation of historical or prospective financial information. They include related notes that explain an entity’s economic resources or obligations at a point in time or the changes during that financial reporting period, according to the financial reporting framework. The related notes usually have a summary of significant accounting policies and other explanatory information.