Bookkeeping outsourcing
In many small scale companies the bookkeeping is a 1 to 3 day job, which means one can’t afford a professional full time bookkeeper to do this work. Mostly it is done by you owner/director on the side of your busy schedule. Mostly this is boring and not motivating work which gives energy. WE can take a part of this pressure from your shoulders by doing it for YOU.
Click on the topics down for additional information:
We will be working on your bookkeeping monthly in our desktop QuickBooks, or you can register for QuickBooks or Exact online (other programs after consultation) and give us access, so your are able to to see what has been posted. This service will be 1 day or more depending on the workload (number of bookings). This service includes booking of:
Input
– All invoices (scanned or forwarded if e-invoice and coded with department and budget line by customer/supplier in 1 monthly file)
– Petty cash totals per month per department ( which you will send us in an excel form given to you) or all receipts scanned, but this will have higher costs, while it needs more bookings.
– Cashbook
– Bank reconciliation (including booking of incomes (with coding from your side for department and budget line)
-Output:
– End of Month and end of Year reports P&L budget vs actual, balance sheet, A/R aging report (account receivable), A/P report (accounts payable), item sales, all class report and others on demand, which will be emailed monthly to you in excel and or PDF. End of year any reports requested by your Auditor.
Note: You are responsible, for the coding per budget line and department, also the setup of accounts is your responsibility and need to be in line with local laws. Of course we can assist, but the final setup needs to be approved by your auditor. We don’t take any liability for any wrong bookings.
Next to doing your Bookkeeping, we can also offer a monthly analysis of your P&L (actual vs Budget) and balance sheet, and give you more detailed overview of your financial situation. When you take option 1, we will offer this service for 3 months for free as a trial, after you can decide to add this option or not.
Our rates are the following in USD and KES. (all rates are excl. of VAT)
21,000KES $150 > Monthly feedback on your Financial
42,000 KES $300 > 1 time Setup Quickbooks for accounts and entering budget (per day)
10,500 KES $75 > Outsourcing bookkeeping price per day (number of days depending on the no. of entrees)
Ask us for a quotation!
VAT *:
16% VAT for All services consumed in Kenya (consultancy, training, outsourcing bookkeeping)
VAT exempted : all services exported to abroad ( outsourcing bookkeeping and monthly financial feedback for foreign organizations)
*Under subject of change.