Taxation Projects - Increase Your Business!!
Taxation
| Project Description |
This project has the following requirements:
- Receiving completed accounts file from client
- Review the file and find errors and notify the client regarding the same
- Receiving bank and credit card statements from the client as per our request
- Rectifying the errors made by previous bookkeeper
- Preparing Annual Income Statement and Balance Sheet
- Preparing reports for details to be filled in the Business and Individual tax return of the client
Entering the required figures in the Tax returns and sending them to the client.
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| Project Complexity |
Medium |
| Tools Used |
QuickBooks (Accounting Software) and Adobe Acrobat (Tax Return) |
| Challenges Faced |
- Checking the transactions already entered and matching them with actual statements took up a lot of time, with deadlines to be met
- All personal details of the client were required, not included on the accounts file received
Downloading the appropriate forms from the site and filling them up required research of client industry and correct forms required.
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If you would like to outsource your taxation requirements, please contact us or send us you requirements on our email id : info@outsourcingbookkeepingservice.com