Bookkeeping for Startups
It is very important for start-ups to ensure that the accounting system is set-up correctly and good financial records are maintained. JBS works with startups to handle the initial set-up and day-to-day bookkeeping needs.
We also provide reporting and analysis required by stakeholders such as investors, banks and financial advisors. Some of the services we offer include:
This is an estimate of funds inflows and outflows of the business and includes income and expenses. Additionally, this may also include prediction of market conditions and industry trends.
Ensure the appropriate general ledger (GL) accounts are set-up and transactions are correctly represented.
Record the day-to-day transactions of business activities on a regular basis.
This 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.