Bookkeeping

Cost Saving: By outsourcing bookkeeping services to TaurusQuest most companies can achieve considerable cost savings through manpower cost arbitration and the benefits of using our well-established processes, developed with experience across several software platforms.

Expert service: You can be sure that you are handing over your bookkeeping requirements to a reliable and knowledgeable person within the TQ team. Outsourcing offers you the chance to hire a professional with a high level of expertise for just the hours you need at an affordable price.

Our services are always geared to the needs of each individual client. In our experience, highly qualified accountants often do not undertake services such as bookkeeping as it is a low-margin and time-consuming activity. Outsourcing allows you to offer this as an additional service to your clients, leading to increased revenue and deeper engagement. This brings extra benefits:

• Saves your valuable time
• Removes worries about resources and quality
• Ensures up-to-date, quality information
• Improves your profits by measuring results

How Does It Work?

You can provide us with the necessary paperwork in the way that is most convenient for you, by remote access, by email or via Dropbox. Our data-checking staff will review your information when it arrives to ensure that all items have been received.

Detailed work is then carried out using the required accounting system such as QB, SAGE, VT, Xero or TaxCalc, or another suitable program. Once the job has been completed and reviewed, you will be advised that it is available for your use. Alternatively, reports can be emailed to you or saved to your own systems via RDP (remote desktop).

Our bookkeeping support includes:

• Process sales, purchases, bank transactions and all expenses and receipts
• Reconcile bank and credit card transactions
• Expense analysis and reporting
• Maintain sales ledgers and purchase ledgers
• Process month-end and year-end journals
• Reconcile and prepare VAT, sales tax, and payroll reports
• Prepare year-end reports and schedules for audit