Tuesday, October 16, 2018

Bookkeepers as "Tax Strategists"

Accounting services include complete bookkeeping services, issuing payments, producing monthly reports, processing accounts payable and tax preparations. Bikham information technology provides you with an advisor and a financial interpreter. They maintain and update your accounts at a cost much lower than hiring staff locally. Your business demands accounting needs and they are fulfilled by Bikham.

Benefits of Outsourced accounting provided by our firm:
1. Payroll processing
2. Helping you understand the balance sheet
3. Maintains profit and loss statements
4. Data is secure
5. Cash flow analysis
6. Budget analysis

Outsourced accounting services


Payroll is defined as the total amount of wages paid by a company to its employees. Payroll process includes pre-tax deductions, state payroll filings, and related payroll issues.

A Balance sheet is a financial statement which includes assets, liabilities and owners equities.
Assets include short-term certificates of deposit. By the term certificate of deposit, we mean there is an agreement according to which you receive an amount of interest for depositing money.

Liabilities include long-term certificates of deposit.
Owners’ equities represent the net value of a company.
These sheets are prepared at the end of the month or year-end. These balance sheets turn out to be a report of how the company has performed over time.

Profit and loss statement is the statement of operations, statement of income or statement of earnings. These statements give a conclusion regarding the revenues and expenses generated by the company over time. These statements include:
Net sales
Cost of goods sold
Gross margin
Net profit

Outsourcing accounting is defined as handling all accounting work to an accounting expert. This is done to ensure that the financial goals are met.
At Bikham, the accounting services offered to CPAs are:
1. Clear view of the financial health
2. Bookkeeping services
3. Documentation and financial reports on time
4. Payroll
5. Taxation and other value-added services



CPAs demand bookkeepers and consultants which are highly expensive and most of the firms are not ready for the huge upfront investment. But at Bikham Finance, you get an option of getting this work done at a cost much lower than hiring these advisors. They provide you with balance sheets, income statements, cash flow statements, and detailed general ledger reports on time at a nominal cost. These services have reduced accounting hassles and offer efficient services and interesting business advice to the clients. Clients having overheads that come in the form of accounting staff and dealing with complex payroll work comes to an end when you start working with us.


With over 13 years of on-hand Industry experience, we are the perfect choice to the firms. We help you to act out of your limitations.

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