Professional Bookkeeping Services for Your Business Success
Accurate, Reliable, and Hassle-Free Bookkeeping to Keep Your Finances Organized
Services You Get from Our Bookkeeping Solutions:
- Daily Transaction Recording – Maintain accurate financial records of your income and expenses.
- Accounts Payable & Receivable Management – Ensure smooth cash flow by tracking invoices and payments.
- Bank & Credit Card Reconciliation – Match records with bank statements for financial accuracy.
- Payroll Processing – Efficiently manage employee salaries, tax deductions, and payslips.
- Financial Reporting – Generate detailed financial statements (P&L, Balance Sheet, Cash Flow).
- Tax-Ready Bookkeeping – Keep your records compliant and ready for tax filing.
- Expense Tracking & Budgeting – Monitor spending and manage budgets effectively.
- Cloud-Based Accounting – Access your financial data anytime, anywhere with QuickBooks, Xero, or Wave.
- Audit Preparation – Ensure financial compliance and readiness for business audits.
- Custom Bookkeeping Solutions – Tailored services to meet your specific business needs.
Bookkeeping Services All Over Bangladesh | Corporate.com
At Corporate.com, we offer comprehensive bookkeeping services in Bangladesh to help you manage your day-to-day financial records seamlessly, ensuring that you no longer have to worry about the accuracy of your accounts. Our bookkeeping services are based on the two primary systems of accounting: the Single Entry System and the Double Entry System.
In the Single Entry System, each transaction is recorded only once, which is typically used in personal accounting. On the other hand, the Double Entry System records every financial transaction with equal debit and credit amounts, which is predominantly followed by businesses and organizations worldwide.
In today’s business environment, maintaining financial records through the Double Entry System is essential for analyzing your company’s financial performance and complying with both local and international regulatory standards. Recognized internationally by accounting frameworks like IAS, IFRS, and GAAP, the Double Entry System is the globally accepted method of bookkeeping that we adhere to at Corporate.com, ensuring high-quality, reliable services for our clients in Bangladesh.
Our Bookkeeping Process
Bookkeeping is the foundation of all financial transactions within an organization. At Corporate.com, we begin by recording each transaction in the journal on a day-to-day basis with proper descriptions, following the Double Entry System. We also maintain primary books such as cash books, bank books, sales books, and purchase books.
Journals are the cornerstone of financial records, and if any transactions are recorded incorrectly, the final financial statements will be inaccurate. Following internationally recognized standards, such as IAS, IFRS, and GAAP, during the journal entry stage ensures the proper and fair presentation of financial data.
Once the journal entries are recorded, they are then classified and posted into the ledger. Accurate classification in the ledger is critical to ensure that the final balance sheet reflects the correct financial position. Mistakes in ledger classifications will lead to incorrect financial statements, which could mislead stakeholders.
Key accounts like property, plant, equipment, accounts receivable, intangible assets, investments, capital, loans, and accounts payable must carry over year after year on a going concern basis. Meanwhile, revenue, purchases, salary wages, taxes, and expenses are recorded and carried forward until the specific period end when the income year closes.
Once the ledger balances are completed, we prepare a trial balance. The trial balance contains both debit and credit portions, and it’s created at the end of each period, summarizing the balances from the ledger. An accurate trial balance ensures that both sides are equal in amount. If discrepancies are found, adjustments are made through journal entries to correct the trial balance.
Benefits of Subscribing to Our Bookkeeping Services in Bangladesh
Bookkeeping helps businesses track their financial standing with precision. The Double Entry Bookkeeping system ensures compliance and provides valuable data for analyzing the company’s financial position. Timely, accurate, and relevant financial data helps business managers make informed decisions and take necessary actions.
A reliable bookkeeping system allows managers to monitor cash flow and investments, enabling the business to control costs such as materials, advertising, and labor. It also supports the measurement, motivation, and tracking of various business functions like human resources, production facilities, marketing, and distribution channels.
In a highly competitive business environment, up-to-date financial information, such as cash availability, production costs, and distribution expenses, is vital for staying ahead of competitors and increasing market share. An accurate bookkeeping system helps build a trustworthy business image, strengthening relationships with stakeholders and investors.
Bookkeeping Services Provided by Corporate.com
Corporate.com is a well-established and experienced provider of accounting and financial services. We can design and implement modern bookkeeping systems tailored to meet the specific needs of both local and multinational companies, ensuring compliance with both local and international accounting standards and regulatory bodies.
We also offer bookkeeping services on behalf of our clients, including the appointment of qualified bookkeeping personnel as required. Additionally, Corporate.com provides training and guidance to accounting staff, ensuring they are equipped with the knowledge of modern bookkeeping methods, allowing businesses to stay compliant and updated in an ever-evolving financial landscape.
Partner with Corporate.com for your bookkeeping needs and experience reliable, accurate, and compliant financial record management.