Bookkeeping and Accounting Services

Bookkeeping involves maintaining accurate records of income, expenses, assets, liabilities, and equity. Bookkeeping ensures that financial data is accurately recorded and organized, providing a basis for financial analysis, decision-making, and compliance with regulatory requirements.

Following are the key tasks which can be outsourced to RGS:

Data entry and bookkeeping.
General ledger maintenance.
Bank reconciliation.
Sales and Receivables reconciliation.
Purchases and Payables reconciliation.
Preparation of trial balance and financial statements.
Preparation of management reports
Preparation and filing of VAT returns.

Here are some key benefits of outsourcing bookkeeping to RGS:

Cost Savings:

Outsourcing bookkeeping can be more cost-effective than hiring and training in-house staff. RGS offer flexible pricing options, allowing businesses to pay only for the services they need.

Expertise and Accuracy:

RGS allows access to certified accountants with specialized expertise in accounting and bookkeeping. These professionals ensure accurate recording and organization of financial data, reducing the risk of errors and discrepancies.

Time Savings:

Delegating bookkeeping tasks to RGS frees up time for business owners and staff to focus on core business activities, such as sales, marketing, and customer service.

Scalability:

Outsourced bookkeeping services can easily scale up or down based on the changing needs of the business. Whether the business experiences growth or downsizing, outsourcing provides flexibility in managing bookkeeping resources.

Access to Technology:

RGS use advanced accounting software and technology tools like Odoo, Sage, Quick books and Zero to streamline processes and improve efficiency. Businesses benefit from access to the latest technology without the need for significant investments in software and infrastructure.

Compliance and Security:

RGS is well-versed with applicable regulatory requirements and ensure compliance with tax laws, financial reporting standards, and other regulations. They also implement robust security measures to protect sensitive financial data.

Objective Financial Insight:

RGS provides an objective perspective on the financial health of the business, offering valuable insights and recommendations for improving financial management and decision-making.