Accounting & Bookkeeping - Modular Catalog

Service Module

Bookkeeping & Transaction Processing

WHAT WE DO

Record day-to-day transactions, maintain ledgers, prepare management accounts.

How It Works

  • We collect your source documents (invoices, receipts, bank statements).
  • Enter transactions into accounting software (QuickBooks, Sage, Xero), categorize under chart of accounts.
  • Reconcile postings daily or weekly to ensure up-to-date ledgers.
  • Generate periodic management accounts so you always know where your business stands.

Payroll Management & Statutory HR Tax Compliance

WHAT WE DO

Manage employee salaries, deductions, payslips, and statutory filings.

How It Works

  • You provide payroll data (gross pay, bonuses, leave).
  • We compute PAYE, NHF, ITF, pensions and net salaries.
  • Generate payslips for each employee and file schedules with FIRS/State IRS & PENCOM.
  • Ensure remittances are made timely to avoid penalties.

Accounts Payable & Receivable Management

WHAT WE DO

Ensure your cash position is accurately reflected.

How It Works

  • Maintain a detailed vendor ledger to track what you owe and plan payment runs.
  • Prepare aging analysis of your receivables, issue invoices to clients, and follow up on collections.
  • Provide regular reports showing outstanding payables & receivables to manage working capital.

Bank Reconciliation & Cashbook Maintenance

WHAT WE DO

Support you during tax audits, investigations, and handle disputes with FIRS or State IRS.

How It Works

  • We obtain your monthly bank statements and compare them with your internal cashbook.
  • Identify discrepancies (like unrecorded fees or unpresented cheques) and make adjustments.
  • Produce monthly bank reconciliation statements that match your bank to your books.

Fixed Asset Register & Depreciation

WHAT WE DO

Track your company’s tangible assets and compute periodic depreciation.

How It Works

  • Create an asset register capturing purchase costs, locations, serial numbers and expected lives.
  • Compute depreciation monthly or annually under IFRS or local GAAP.
  • Update for asset movements (disposals, additions) so your balance sheet always reflects accurate values.

Inventory Accounting

WHAT WE DO

Set up your inventory system and ensure it ties to your cost of sales.

How It Works

  • Implement methods like FIFO, LIFO, or weighted average for valuation.
  • Record goods received and goods issued to accurately determine cost of sales.
  • Periodically perform stock counts and reconcile with books to detect losses or pilferage.

Trial Balance & Financial Statements

WHAT WE DO

Prepare your final accounting reports.

How It Works

  • After all transactions, adjustments and reconciliations are posted, we generate a trial balance.
  • Prepare statutory financial statements (Income Statement, Balance Sheet, Cash Flow Statement) in line with standards.
  • Present these to auditors, lenders, or investors as needed.

Management Accounts & Board Reporting

WHAT WE DO

Provide tailored internal reports for decision making.

How It Works

  • Prepare monthly or quarterly management accounts with key performance indicators.
  • Include variance analyses comparing actuals vs budgets.
  • Develop dashboard-style presentations for your board packs to guide strategy.

Internal Control Reviews

WHAT WE DO

Test your internal financial processes to strengthen governance.

How It Works

  • Map out processes (procurement to payment, sales to collection).
  • Identify control gaps that could allow fraud or errors.
  • Conduct sample tests on transactions, then produce a report with practical recommendations.
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