Outsource Services
- Profitbite
- May 10, 2024
- 2 min read
We provide a full range of accounting and bookkeeping services geared towards assisting CPA Individual and small to mid-sized companies. Our main objective is to help business owners like you reduce time spent on non-essential tasks, enabling you to focus on core business functions and increase profitability

Bookkeeping
Bookkeeping is the process of recording and organizing all the financial transactions of a business. It’s an essential part of accounting that involves keeping a detailed record of purchases, sales, receipts, and payments. Bookkeepers are responsible for maintaining accurate books that reflect the company’s financial transactions and condition
Payroll Accounting
Payroll accounting is the process of documenting and managing all the records related to employee compensation within an organization. It includes not only the calculation of wages and salaries but also the tracking and recording of withheld taxes, benefits, and other deductions from employees’ paychecks. Payroll accounting is crucial for ensuring that employees receive their correct earnings and that the company complies with tax laws and regulations.
Reconciliation
Reconciliation in accounting is a process that ensures the figures in two sets of financial records are correct and in agreement. It’s a method used to confirm that the accounts in the general ledger are consistent, accurate, and complete.
Accounts Payable
Accounts Payable (AP) refers to the money that a company owes to its suppliers or vendors for goods and services received but not yet paid for. It’s a liability on the company’s balance sheet and represents short-term debts that need to be paid within a certain period to avoid default.
Financial Statements
Financial statements are formal records that convey the financial activities and position of a business, person, or other entity.




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