Bookkeeping and Accounting – KNK Tax Solutions Inc.

ACCOUNTING

As a business owner, your main focus is to carry out the core business activities and not to struggle with the bookkeeping/accounting responsibilities!

Our remote bookkeeping services make it possible for you to spend your time on your areas of expertise and interest and leave the bookkeeping work on us.

A professional accounting team, with international experience will bring you high end expert service. We take care of everything, from book keeping, archiving, accounting, tax consulting and taking care of you accounts.

Bookkeeping

Some of our clients ask us to assume all of their bookkeeping and accounting responsibilities, while others just need help with complex and time-consuming accounting tasks. Whether you sell a product or provide a service, we understand your bookkeeping needs and provide them in a way that suits your schedule and budget. Our services are customized to your specific needs and can include any or all of the following:

Data entry
Account receivables and payables
Financial Statements
Cash Flow Statements
Bank and credit card reconciliation
Compilation

Frequently Asked Questions (FAQ’s)

MANAGING YOUR FINANCES

Management accounting focuses on the measurement, analysis and reporting of information that can help managers in making decisions to fulfil the goals of an organization. In management accounting, internal measures and reports are based on cost-benefit analysis, and are not required to follow the generally accepted accounting principle

TAXES AND EXPENSES

Tax accounting in the United States concentrates on the preparation, analysis and presentation of tax payments and tax returns. The U.S. tax system requires the use of specialised accounting principles for tax purposes which can differ from the generally accepted accounting principles (GAAP) for financial reporting.

INVESTMENT AND RETURN

Depending on its size, a company may be legally required to have their financial statements audited by a qualified auditor, and audits are usually carried out by accounting firms.