A key element in starting and growing any business, is bookkeeping. It is what differentiates a hobby from a business. The insight derived from bookkeeping and accounting helps business owners make profitable decisions in order to grow. Our professional bookkeeping services will help your small business produce useful, accurate data on a monthly basis.
Accounting is all about using financial data to drive decision making. This financial data is prepared through bookkeeping services. Bookkeeping is the process of tracking your business assets, liabilities, income and expenses to help you make smart, informed business decisions. This is an ongoing process that should be performed at least monthly. To save time and the headache associated with this, it is smart to invest in bookkeeping services for your small business.
At Techance, our belief is that business owners should concentrate on what they do best. That is; create and deliver their products or provide services for their customers, and entrust their non-core functions, such as accounting, to professionals.
At Techance, we ensure to listen to our clients. We ensure to exercise a high level of confidentiality as the information is highly sensitive. Honesty and transparency are our key pillars. We are clear, on what we are doing and honestly give you our opinions on the status of your business.
At Techance, we provide a full range of bookkeeping services in Kenya. These services include:
Techance assists you in ensuring that your due invoices are paid on time, ensuring records are accurate to avoid double payments. This will give an added advantage as you will avoid penalties such as from the tax authorities
Account receivables are the backbone of any company. At Techance, we ensure that your records are accurate and you are in a position to tell how much your clients owe you at any given time. This gives an advantage over your clients as you are in a position to tell when invoices are due for collection.
Payroll preparation can be hectic especially if your employees have several deductions. Techance ensures that payroll is prepared on time and the payroll expense account is accurate and always reconciled.
Inventory is so valuable to a business. Hence, it should be carefully accounted for and tracked. Techance comes in to ensure that the numbers you have in your books match the physical count in the store.
Techance ensures that your sales are recorded on time. This is essential as you can always know where your business stands at any given time.
Other account types are very important and need to be carefully monitored. Techance ensures that such accounts are always up to date. They include the retained earnings, owner’s equity, loan accounts among others.
Initial consultation to assess your accounting situation and plan accordingly.
We connect your financial accounts to your bookkeeping software
Our Bookkeepers will reconcile your account for accuracy
Our experts will assist you analyze the data which has been input into the accounting system and the reports that come with it.
We will assign a dedicated bookkeeper to work with your small business. You can email your bookkeeper at any time with questions or schedule phone consultations to discuss your financials further.
Our bookkeeping services for small businesses produce tax-ready financial statements. To file your small business tax return, you must include your tax-basis income statement and balance sheet. Our certified bookkeepers will make sure you are equipped.