Small business bookkeeping is important in many ways. First and foremost, proper books are important so that businesses can prepare more accurate financial statements for their tax accountants, investors, and other interested business parties. Small business financial statements are an important indicator of how healthy a business is and whether it is profitable. These financial statements also used for generating information required to complete your annual tax return.
As your bookkeeper, we work to also give you valuable advice on how to establish best practices in bookkeeping. Where possible, it is often a good idea to separate functions and duties (i.e. recording, authorization, custody of assets) so that someone is always double-checking the other person's work. By doing so, you are minimizing any risks of misstatement whether due to fraud or error.
We share a purpose and commitment to excellence in delivering quality small business services for owners and managers that need assistance with their bookkeeping. We can help you strategically develop a plan so that you are running your business as effective and efficiently as possible.
Estrada & Tan also provides tailored bookkeeping services in Vancouver, Whitehorse and its neighbouring cities in British Columbia and the Yukon. Bookkeeping is essential for running successful small business that many business owners do not particularly enjoy because it can be tedious and cumbersome. Fortunately, small business bookkeeping services that we offer are available to perform your day-to-day bookkeeping, leaving you and your staff with more time to concentrate on you core business.