Any business transaction needs to be properly classified into appropriate heads as per the prescribed accounting standards and the applicable legal provisions. The data recorded is therefore arranged by assigning every transaction a suitable and appropriate head as required under the Government policies or IRS regulation.

Our Accounting general ledger services include the following

•  Adjust for prepayments and accruals
•  Process stock movement and adjustment journals
•  Process asset purchase, disposal and depreciation journals
•  Process pay roll journals
•  Review all general ledger accounts and correct any posting errors
•  Reconcile all balance sheet control accounts
•  Provide copies of all journal entries made together with a detailed narrative of why the adjustment was made

Accounting General Ledger services Advantages

•  Enables lenders and investors to see accurate and complete books
•  Provides an accurate picture of your organizations income
•  Eliminates the possibility of being exposed to fines and penalties