If you are running a successful business that means you are leading a team of potential employees who are helping your business to mark a leading position in the market. You will be dealing with huge amount of transactions daily to expand your business. But in every state it is the requirement for every company owner to maintain the proper financial record of their company. Companies are required to keep their accurate financial records for about 5 years from the date records were prepared. Records like payroll are meant to be kept for 7 years.

Maintaining the accurate record of such huge transactions can be a tricky job which only a professional can perform. You can visit to the website http://www.shkoh.com.sg/corporate-services/accounting-services/  to contact to the experienced bookkeeper who can handle the job correctly. These bookkeepers are the skilled experts and have vast knowledge and can easily maintain the financial records. An experienced bookkeeper will be able to carry out some listed tasks:

• Keeping the accounting software properly maintained and entering transaction details.
• Examining and performing reconciliations to avoid mistake and keeping the record up to date so that company can easily review the record and get their yearly growth percentage.

Hire the professional accountants

Every business owner needs to pay their accurate taxes to the government. You can contact to the experienced accountant by following the website http://www.shkoh.com.sg/. Many of the accountants also provide the online services to their clients. Listed below are some roles that an accountant plays for your company:

• Compliance: It is the job of an accountant to ensure that all the financial reports are submitted on time whether internally or externally. Like the annually and quarterly filing have certain tax implications. All the tax related issues are handled by accountant.
• Advice: After doing the proper analysis of your company’s financial reports they advice the company on different matters like revenue trends, future revenue assumption and more.

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