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Book Keeping & Accounting Services

Services

Book Keeping & Accounting Services

Bookkeeping is the process of recording, in chronological order, the daily transactions of a business entity. It forms part of the accounting information system. On the other hand, accounting is an information system– that includes the process of recording, classifying, summarizing, reporting, analyzing, and interpreting the financial condition and performance of a business – in order to communicate it to stakeholders for business decision-making. Our professional team including CA’s, accountants, and administrative staff is capable of handling all your bookkeeping and accounting processes, from basic AR and AP entry, payment, and processing, to the more difficult duties of a CFO. We apply stringent data/information security measures for your bookkeeping needs so that you can focus on your core competencies while we manage your bookkeeping activities. We at LGC realize the importance of being updated with accounting and are here to provide you with internationally accepted accounting & bookkeeping outsourcing services that can be utilized for various internal decision-making and reporting purposes. LGC provides bookkeeping services & accounting services – weekly, monthly, quarterly, and annually as per the requirement. LGC’s bookkeeping and accounting services include:

Setting up ‘books of account’ in required bookkeeping software/formats

Charting of accounts

Categorization of income and expenses

General Ledger maintenance

Invoicing services

Accounts Receivable services

Accounts Payable services

Preparing aging reports and summaries

Reconciliation services – Accounts, Bank, Credit Cards & E-Payment

Preparing Financial Statements adhering to Generally Accepted Accounting Principles (GAAP)

Preparing and formatting Income Statement and Balance sheets on a regular basis

Cash Flow management

Payroll reconciliations