Outsourced Bookkeeping & Sales/Purchase Ledger Completion
Your outsourced bookkeeper or sales/purchase ledger officer will complete a number of roles and have a number of responsibilities, including but not limited to:
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Generating and entering sales invoices.
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Entering purchase invoices.
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Entering debit and credit notes.
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Entering and allocation of bank payments.
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Entering and allocation of bank receipts.
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Bank reconciliations.
When the Client Uses Online Software, Our Outsourced Bookkeeper Will:
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Map and generate bank feed and import transactions from bank site or csv format.
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Allocate payments and receipts.
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Ensure ledger balance agrees to dashboard/closing statement.
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Prepare bank line – for payment to suppliers.
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Enter credit card expenses and reconcile balance.
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Enter PayPal, Amazon, Stripe, or other online gateway transactions and reconcile closing balance.
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Enter transactions of non-retail takings, if you have them (commission, lottery etc).
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Enter petty cash transactions and match balance with actual cash on hand.
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Enter journal entries of depreciation, loan/mortgage interest, HP interest, dividends, stock, and anything else as applicable.
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Generate report of accounts receivable and payables (ageing reports).
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Generate trial balance and other financial reports from bookkeeping software for overall review of business performance.
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Any other report that the client requires.