Welcome to Naeem & Co Chartered Accountants, the leading accounting firm in Pakistan, dedicated to providing exceptional bookkeeping services to businesses of all sizes. Our team of expert accountants and bookkeepers have years of experience in the industry and are equipped with the latest technology and knowledge to ensure that your financial records are accurate and up-to-date.
Bookkeeping is an essential component of any business, as it involves recording, categorizing, and reconciling all financial transactions. With our bookkeeping services, you can focus on running your business while we take care of your financial records. Our team uses cloud-based software to ensure that your financial records are accessible and secure at all times.
We offer a range of services to help our clients maintain accurate and up-to-date financial records and comply with the tax regulations.
Our Bookkeeping Services Include:
– General ledger accounting and bookkeeping: We record and classify all the transactions of our clients’ businesses in a systematic and consistent manner. We also prepare and present financial statements, such as balance sheet, income statement, cash flow statement, etc., according to the applicable accounting standards and frameworks.
– Accounts receivable management: We manage the invoicing and collection process of our clients’ businesses. We also track and report the outstanding balances, aging analysis, bad debts, and write-offs. We help our clients improve their cash flow and reduce their credit risk.
– Accounts payable management: We manage the payment process of our clients’ businesses. We also track and report the outstanding liabilities, due dates, discounts, and penalties. We help our clients optimize their working capital and avoid late payment fees.
– Bank/cash reconciliation: We reconcile the bank and cash accounts of our clients’ businesses with their books of accounts. We also identify and resolve any discrepancies, errors, or frauds. We help our clients ensure the accuracy and completeness of their financial records.
– Payroll processing and bookkeeping: We process the payroll of our clients’ employees according to the applicable laws and regulations. We also calculate and deduct the income tax, social security contributions, provident fund, etc., from the salaries. We help our clients comply with the Federal Board of Revenue (FBR) and other authorities.
– Implementation of accounting software and development of customized Chart of Accounts
– Sales tax bookkeeping: We calculate and record the sales tax on the sales and purchases of our clients’ businesses according to the Sales Tax Act 1990 and the relevant rules and regulations. We also file the monthly sales tax returns with the FBR and claim any refunds or adjustments. We help our clients avoid any penalties or audits from the FBR.
– Income tax bookkeeping: We calculate and record the income tax on the income and expenses of our clients’ businesses according to the Income Tax Ordinance 2001 and the relevant rules and regulations. We also file the annual income tax returns with the FBR and claim any refunds or exemptions. We help our clients minimize their tax liability and plan their tax strategy.
Why Choose Us?
- At Naeem & Co Chartered Accountants, we believe in modern marketing tools to attract clients. Our website is designed to provide you with information about our services, experience, and credentials. We also use social media platforms such as LinkedIn and Twitter to engage with our clients and provide them with the latest updates in the accounting industry.
- We understand that in today’s fast-paced world, time is money. That’s why we offer a quick turnaround time for our bookkeeping services, ensuring that your financial records are up-to-date and accurate. Our team is dedicated to providing exceptional service and support to our clients, and we take pride in our commitment to excellence.
Contact Us
Contact us today if you are looking for a trusted partner to handle your bookkeeping needs in Pakistan. We will be happy to discuss your requirements and offer you customized solutions that suit your business goals.