Bookkeeping is crucial for businesses, providing profit and loss statements necessary for tax preparation. It involves recording income, expenses, assets (debits), and liabilities (credits) using charts of accounts.
Dr. Rastogi’s team assists with bookkeeping by reconciling bank statements and preparing monthly and annual financial statements, vital for tax preparation, business savings, and financial planning.
We use Robotic Process Automation (RPA) to read bank statements through an AI Bot, which prepares double-entry files for bookkeeping.
Bookkeeping Fees: Our total fees generally depend on the number of bank statements and entries within them. Typically, we charge $100 per bank statement for up to 50 entries.