Bookkeeping for Businesses
Elevate Your Business with our Expert Bookkeeping Services
Our bookkeeping for business service allows you the convenience to comfortably outsource your bookkeeping needs and focus on the core function of your business.
Jengar Bookkeeping Solutions (JBS) can help you set up a new business, a new business segment, or clean up an existing one.
We can help you develop reports that provide a better understanding of your business and give you a summary of your business performance at a glance.
Discover the Advantages of Our Bookkeeping for Businesses
and reap the rewards of seamless financial management
Accounts payables and accounts receivables
Review or prepare accounts payables and receivables reports to ensure that records reflect the accurate amounts owed to or by the customers.
Chart of Accounts Review/Set-up
Ensure the appropriate general ledger (GL) accounts are set-up and transactions are recorded accordingly.
Data entry
Record the day-to-day transactions of business activities on a regular basis.
Variance Reports
Provide explanations for over/under budget performance against actual results.
Review operating processes
Review processes to ensure that back office procedures are properly documented and operating efficiently.
Metrics and KPIs Report
Calculate and report on major metrics and key performance indicators (KPIs) on a monthly or quarterly basis or as required.
Bank and Credit Cards Reconciliations
Review and reconcile statements to determine outstanding transactions and identify and resolve discrepancies
Month-end and Year-End Closure
Ensure that correct accounting procedures are followed at the year's end to close the business from the previous year, carrying forward the balances from the previous year, and open a posting account for the current year. A similar process is done for the month-end.
Analyzing General Ledger Accounts
Review major GL accounts for Profit & Loss and Balance Sheet and prepare appropriate schedules for auditors.
Bank and Credit Cards Reconciliations
Review and reconcile statements to determine outstanding transactions and identify and resolve discrepancies
Variance Reports
Provide explanations for over/under budget performance against actual results.
Month-end and Year-End Closure
Ensure that correct accounting procedures are followed at the year's end to close the business from the previous year, carrying forward the balances from the previous year, and open a posting account for the current year. A similar process is done for the month-end.
Financial Reporting & Review
We'll prepare a full set of Financial Statements which include Cashflow, Profit and Loss and Balance Sheet. The Profit and Loss Statement (P&L) shows all your revenues and expenses. The P&L can also be called the income and expenditure statement and can include items like payroll, office supplies, advertising, rent and insurance. The Balance Sheet Statement shows assets and liabilities and presents the company’s financial position at the end of a specified date. This is prepared on a monthly basis. The Financial Statements can be prepared by clients and JBS reviews and provide feedback.
The Cashflow Statement shows how changes in the balance sheet accounts and profit and loss affect cash and cash equivalent. It is broken down into three sections: operating, financing, and investing activities.
The Profit and Loss Statement (P&L) shows all your revenues and expenses. The P&L can also be called the income and expenditure statement and can include items like payroll, office supplies, advertising, rent, and insurance.
The Balance Sheet Statement shows assets and liabilities and presents the company’s financial position at the end of a specified date. This is prepared on a monthly basis.
The Financial Statements can be prepared by clients and JBS reviews and provide feedback.
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Experience the difference with our professional bookkeeping services. We’re here to help you streamline your finances, save time, and make informed decisions for your business. Take the first step toward financial success today
Frequently Asked Questions
We offer a range of bookkeeping and accounting services including bank and credit card reconciliations, providing financial statements, setup and review of accounting systems or processes, recording and reviewing monthly transactions, and budget review.
We use a secured platform to send and receive financial information. The client will have access to the individual folders with his/her own login credentials.
Yes, we are able to integrate with a variety of accounting software such as QuickBooks, Xero, and Wave. Currently, all of our clients use Quickbooks, however, we have experience using other software.
Our pricing structure is based on the volume and complexity of transactions, and the level of service required. We can provide a customized quote based on your specific needs. You can visit our website to see our packages
We will work with you to determine the frequency of financial statements and reports that best suits your needs, whether it be monthly, quarterly, or yearly. We often times recommend providing financial statements monthly.
Yes. We are Chartered Certified Accountant and a Fellow of a Global professional accounting body “The Association of Chartered Certified Accountants (ACCA)”, in the United States and London. The CEO Jennifer, has over 25 years of experience and also holds an MSC in professional accountancy from the University of London and is a Certified Quickbooks Proadvisor.