Efficient bookkeeping services depend on the timely receipt of information. Starting and stopping the process because all the necessary information was not submitted is inefficient and therefore could cost you more money.
The information needed to perform bookkeeping services varies depending on the types of transactions the company enters into and the basis of accounting used.
Commonly, the following information is needed to process a company's general ledger:
- Check Register or check stubs (including information about transactions involving petty cash)
- Accounts Receivable Information
- Accounts Payable Information
- Inventory (or cost of sales) Information
- Information about other transactions
What to provide to your bookkeeper
Cherry City Accounting - Bookkeeping and Payroll Professionals - Portland, Beaverton, Lake Oswego, Tigard and Salem, Oregon