Remove Account Reconciliation Remove Cost Accounting Remove Financial Statements
article thumbnail

What Are the Different Types of Accounting Services? A Guide for Small Business Owners in Singapore

Counto

Heres a quick overview of the primary accounting services: Bookkeeping : Recording daily financial transactions, such as sales and expenses. Financial Statement Preparation : Creating essential financial reports like income statements, balance sheets, and cash flow statements.

article thumbnail

Why is it Important to Reconcile your Bank Account?

Nanonets

Why is it Important to Reconcile your Bank Account? Reconciliation is a crucial accounting process that ensures the accuracy of the financial close process. It ensures that the money credited or debited in your bank account matches the money being expended or made.