I Sumar & Co - Bookkeeping

Bookkeeping Accountants For Your Business

This constitutes a vital aspect of any business organisation, enabling them to gather information in a timely and accurate manner.

This process allows the firm to prepare financial information, providing reliable and accurate insights into business performance for management. Depending on your requirements, we can conduct this either at your offices or ours.

We collaborate closely with you to understand your business, tailoring our approach to meet your specific needs.

Our goal is to ensure your business receives precisely what it requires, including interpretation of the information to enhance your understanding and compliance.

We can also provide you with management accounts on the monthly or quarterly basis. We will give you access to the system to see the progress of your company and download any reports required.

Our services extend to providing management accounts either on a monthly or quarterly basis. You will have access to our system, allowing you to monitor your company’s progress and download any necessary reports.

Matching Invoices with Bank or Cash Receipts: This involves ensuring that the payments received (either through bank transactions or cash) align accurately with the invoices issued by the company.
Matching Bills with Bank or Cash Payments: Similar to the above, this task ensures that the bills the company pays (whether through bank transfers or cash) correspond correctly to the bills received.
Bank Reconciliations: Regularly reconciling the company’s bank statements with its internal records helps identify any discrepancies, ensuring accurate financial reporting.
Handling Accounts Payable and Receivable: Managing both accounts payable (money owed by the company to suppliers or vendors) and accounts receivable (money owed to the company by customers) is crucial for maintaining healthy cash flow.
Maintaining Petty Cash Accounts: Petty cash is used for small, day-to-day expenses. Properly tracking and managing these funds ensures transparency and accountability.
Providing Support to the Administrative Team: As part of the administrative team, your role involves assisting with financial tasks, record-keeping, and ensuring smooth operations.