Accounting Service

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 Calculating employee salaries, bonuses, overtime pay, etc., and ensuring timely salary disbursement. 

 Managing employee records, position changes, personal information updates, etc.

Recording employee attendance, leaves, overtime, etc., to accurately calculate payroll. 

Providing different payment methods such as checks or direct deposit for convenient salary receipt by employees. 

Providing self-service options for employees to inquire about their salaries, benefits, tax information, etc. 

 Managing and facilitating workers' compensation insurance, ensuring compliance with regulations and providing coverage for workplace injuries and related medical expenses. 

 Facilitating contributions to individual retirement accounts, ensuring proper deductions, and managing IRA-related transactions and records for employees. 

 Assisting in the preparation and issuance of tax forms, such as 1099 for contractors and W-2 for employees, ensuring compliance with tax regulations and timely distribution. 

 Recording and managing an enterprise's cash flow, including day-to-day cash transactions, bank reconciliations, cash payments, and cash receipts. 

 Recording and accounting for business transactions based on the accrual accounting method, recognizing them when they are incurred rather than when payment is made or received. 

 Managing and tracking the company's accounts receivable to ensure timely collection, including issuing invoices, follow-up on payments, and more. 

 Managing the company's accounts payable, including processing supplier invoices, bill payments, managing delayed payments, and more. 

 Compiling and analyzing financial statements for the enterprise, including balance sheets, income statements, cash flow statements, and other relevant financial reports. 

 Tracking and managing the company's fixed assets, including calculating and recording depreciation to reflect the assets' actual value and financial status accurately.