Bookkeeping Services



Bookkeeping Done Right

Make an appointment to get a quote on our services

IBKC focuses on bringing efficient and accurate bookkeeping and accounting services for growing businesses. We ensure that you don't stress over the numbers, while we provide you reports that neatly display your cashflow.

 

What is your Net Profit?

What is the Equity of your Business?

What kind of liabilities do you have?

Do you know your Accumulated Depreciation?

We can provide you with accurate up to date values for your Tax Deductions, and for you to see the growth of your business.

 

 



How our Service Works?

  • Every 15th of each month a Profit-and-Loss and Balance Sheet report will be provided as well as a scheduled meeting to finalize each monthly period.
  • This way we have a finalized report packet for you, ready for you to keep in your files or use as needed (Free PDF file back ups any time).
  • We will reach out for check reports and reconciliations to your availability.

 

 

Services included in our Bookkeeping:

Our Bookkeeping services provide month to month upkeep of cashflow books, dues and balances, and transaction transfers between bank accounts. We keep you updated with the growth of your business and help you lower expenses or divert your expenses where you could benefit best.

 

Depreciation

Got large equipment? Vehicles? Computers?

Those can be depreciated if their use is for longer than 1 year, and the depreciation can be used as an expense claimable for many years (depending on the type of Asset).

 

Let's keep track of how your Assets Depreciate over time, and how it can change your equity and expenses.

This helps keep track of the life usage of Long Term Assets for your company.

Loan Liability and Interest Tracking

Tax Season Reports

Need your Profit & Loss for your tax return Sch-C?

 

Of course we can help you out! As part of our contract we ensure that all of your business accounting and reports are ready by January 31st, allowing you to file your return without the worry of having to do the numbers last minute.

 

Employee and Contractor payment tracking

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Services provided with each monthly Packet:

  • Every 15th of each month a Profit-and-Loss and Balance Sheet report will be provided as well as a scheduled meeting to finalize each monthly period.
  • Check reports and reconciliations will be scheduled to your availability.
  • Loan tracking and Depreciation updates will be provided each Quarter.
  • Tax Season Reports will be completed and given by January 31st (Income Statement/Balance Sheet/Additional Supporting information for the Previous year).
  • 24/7 Viewer Access to the Xero Bookkeeping software account.
  • *If accountant access is provided*, each month the bank statements for the business accounts and check details will be downloaded to provide quick and efficient service. Accountant access only allows the downloading of statements for preset accounts in which access is limited.
  • Employee payment tracking year round.

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