Being a business owner is not easy, and we understand this. You must have a lot to do as a business owner, so Synergy Auditing will share the burden with you and keep your books so that you can focus on other, more critical tasks.  Following are the services we provide when it comes to bookkeeping:

Small Business Accounting
Being a small business owner, you have to be a little extra careful because you have limited opportunities to invest in an expensive technical team. You need to utilize your resources wisely, but simultaneously, you must stay up-to-date to meet the unique needs of the tech-savvy world. Without keeping up with the latest technology, your business won’t survive long.  Here is how you can improve and add to your profit by implementing accounting and bookkeeping outsourcing: 

• Availing of professional service in the current market 
• Getting modern and up-to-date tools and technology in accounting
• Minimizing the operational cost 
• Utilizing the minimum staff efficiently

How Can Synergy Help? 
Considering your business’s scale, Synergy Auditing will assist you in the best possible and cost-effective way. With our bookkeeping outsourcing, you can expect to save on expenses in the areas like: 

• Hiring accounting experts 
• Holding on to the current staff
• Cost of the employee benefit program 
• Office rent 

Moreover, we can assist and advise you to maintain a balance between the cost you are investing and the profits you are getting.

Financial Statements 
Financial statements acquire the importance of the backbone of any organization. These are business records in a structured form. Apart from the business owners, many internal and external authorities need an organization’s financial statements.  That is why an organization releases a financial statement after a business financial audit every year, but for an entrepreneur, this may only be possible to handle with help. Synergy auditing understands this pain and will provide you with accounting and audit services to  help you in your accounting and bookkeeping tasks: Here is why you need financial statements: 

• You can track the profit you earned during a particular period.
• You will be able to identify where your company stands financially.
• You will be able to keep track of the cash flow statements of your business. 

How Can Synergy Help?
By outsourcing accounting and bookkeeping with us, you will notice a clear difference in your business. We at Synergy Auditing can help you in preparing: 

• Balance sheet
• Income statement
• Cash flow statements 
• Business reports 
• Bank reconciliation statements
• Recording business transactions
• Creating books of accounts
• Maintaining payments and receivables

Reconciliation
Reconciliation is an important element when it comes to monitoring an organization’s bank account and cash book. Sometimes, the employees of a company forget to record a transaction resulting in a mismatch between the bank account and cash book. Apart from human error, several other factors influence the bank account despite plenty of cash available.  Here is why you need reconciliation services 

• To avoid stealing cash 
• To minimize the chances of fraudulent practices 
• To avoid account manipulation
• You will be able to track the un-cleared checks
• You can monitor the checks that you have issued 

How Can Synergy Help? 
With our professional outsourced accounting and bookkeeping services, you can control your business efficiently. Our bookkeeping and accounting professionals possess vast industry knowledge and acquired skills to deal with your accounting and bookkeeping matters effectively. 

Accounts Payable 
Every organization runs on credit. A business typically has more credit transactions than cash. This increased credit transaction produces creditors and account payables.  Furthermore, keeping an eye on the credit transactions of a business is essential as it influences the profit earned at the end of the day.  Here is why you should go for outsourced accounts payable services; you will be able to: 

• View daily reports of transactions and bills
• Monitor the payments done 
• Keep an eye on cash flows
• Conduct transactions using the latest technology
• Build a long-term business relationship
• Do online payments, receipts, and vendor maintenance.

How Can Synergy Help?
Experts at Synergy Auditing will follow a structured approach to monitor and maintain your accounts and financial pursuits with their accounting and audit services. Our professionals are always ready to assist you in a better future for your business. 

Periodic Review 
Periodic review is essential to keep track of all business operations and keep up with a steady progressive pace. But being an entrepreneur, a systematic review is impossible for one person; therefore, Synergy Auditing provides outsourced periodic review services to help enterprises and small businesses grow. 

How Can Synergy Help?
We have a specialized and dedicated team for periodic review of your business. We possess the resources and skilled individuals to provide regular periodic review reports. Here is how we can help you periodically review your business:

• Our reports are created rigorously and include collecting, analyzing, processing, and interpreting data from multiple sources.
• Facts and figures back the reports. 
• We release daily, monthly, quarterly and annual reports
• Our reports are empirical and based on evidence 
• Our reports are tailored according to your business’s unique needs.

Cash Flow Management 
As we have discussed the importance of financial statements above, their publication is a must. The financial statements should be in a predetermined format. Apart from the financial statements, the businesses also deal with cash and credit. The cash transactions influence a company’s bank account and are reflected in the cash book. The cash flow statement is as necessary as the bank statement and must be published once a year. The cash flow statement reflects the cash inflow and outflow. 

How Can Synergy Auditing Help?
Our expert team will ensure that an error-free and timely cash flow report is delivered to you. With our cash flow reports, you can fulfil the needs of N parties related to your business.  The cash flow statement provided by us will give you an insight into what you are spending and what you are earning and track your company’s financial performance.