Maintain accurate records of all financial transactions
Record income, expenses, assets, and liabilities
Ensure all entries are up-to-date and properly documented
Preparing Financial Statements
Create key reports such as:
Income statement (profit & loss)
Balance sheet
Cash flow statement
Ensure reports comply with accounting standards
Tax Preparation and Compliance
Prepare and file tax returns
Ensure compliance with tax laws and regulations
Identify opportunities for tax savings
Accounts Payable and Receivable
Manage outgoing payments (suppliers, bills)
Track incoming payments (customers)
Ensure timely payments and collections