Time Management
If you have maintained your records, you can continue working on new ventures without considering the audit. It helps you stay ahead and have all the required documents for an audit available.
Transparency
Records are evidence that certain things took place at a specific time. This way, if there are any allegations, the company can use its bookkeeping records to prove its innocence.
Easy detection of fraud
If you feel someone has deceived you, you can quickly check your records to find any discrepancies. Only paid bookkeeping service NYC helps you detect fraud and stop at the initial level.
Accounts Receivable
Our firm, Tax King Service, makes a complete record of any amount you have yet to be paid by the customers through its excellent bookkeeping service.
Profit and Loss Account
A profit and loss account is a financial statement that states the sales, costs, and expenses in a summarized form after a specified period. We prepare this statement generally after every quarter of the year.
Bank Reconciliation
Bank reconciliation helps when you need to match the company's cash account balance with the bank statement. Tax King Service offers this service to avoid discrepancies in your finances.