Outsourced Bookkeeping and Accounting Services for SMEs
Advantages of Outsourced Bookkeeping and Accounting Services for SMEs
Accurate and Up-to-date Records: Our skilled bookkeepers and accountants guarantee that all financial records are accurate and updated, giving SMEs peace of mind and trust in their financial management.
Time Savings: By outsourcing their bookkeeping and accounting, SMEs can conserve time and resources, allowing them to concentrate on other essential aspects of their business.
Improved Cash Flow Management: With professional support and accurate financial records, SMEs can make well-informed decisions about their cash flow, minimizing financial stress and ensuring their business stays on track.
Compliance and Regulatory Assistance: Staying compliant with regulations can be challenging for SMEs, but with our outsourced bookkeeping and accounting services, SMEs can be confident that they are meeting all relevant regulations and requirements.
Expert Support: Our knowledgeable bookkeepers and accountants offer SMEs the expert support they need to make informed financial decisions, guiding them toward success and growth.
What we offer
A Dedicated Team of Bookkeepers and Accountants: Our team size depends on the size of your business, the volume of transactions, and the complexity of your needs, but you can expect to have a minimum of two professionals working for you: a bookkeeper and a chartered accountant.
Accounts Payable and Receivable: Our team uses the latest technology to make the bookkeeping process as efficient as possible. We take care of all aspects of your accounts payable and receivable, ensuring that you always have up-to-date financial records.
Monthly Bank Reconciliation: To provide you with the most accurate financial statements, Pillarcraft performs regular bank reconciliations.
Monthly Management Reports: At the end of each month, Pillarcraft provides a comprehensive management report that summarizes your business’s financial performance.
Quarterly Report Review: Depending on your needs, Pillarcraft can provide you with a virtual report review, where our chartered accountants will analyze your financial statements and offer advice.
Standard Operating Procedures: We also help you implement standard operating procedures for your business, including document management, timeline and deadlines, and report templates tailored to your specific needs.
Industry-Specific Services: We understand that different industries have unique needs, which is why our bookkeeping and accounting services are customized to fit your business sector. We specialize in industries such as retail and e-commerce, restaurants and hotels, manufacturing and distribution, not-for-profit organizations, agriculture, film and film production, and spas and salons.
Catch-Up Bookkeeping Services: For businesses that are behind on their bookkeeping, Pillarcraft can help you get caught up. We are a Xero partner, and our team can help you reconcile your accounts, even if you have a backlog of several months.
Pillarcraft Accounting is committed to enhancing the financial management of SMEs in Nigeria. Contact us today to learn more about our outsourced bookkeeping and accounting services
