Accounting & Bookkeeping Services

You know your business better than anyone else, the opportunities to go after and the pain points that need to be addressed. This also means that you know, back-office functions like accounting and bookkeeping can take away crucial resources. Let the experts at YBO handle these while you grow your business.


How Does It Help You?

Running a business is perhaps one of the most challenging things to do, there is so much responsibility to shoulder and with the ever-changing business landscape it is impossible to stay abreast of all that is happening and all that needs to be taken care of by one person. Even if you have staff assisting you, there are certain business operations that need people with certain experience or skill set to be done properly. Accounting and bookkeeping firmly fall under the category of operations that require people with specialized skill sets. They are not impossible tasks, they are just time consuming, tedious and need to be done with a level of precision. Furthermore, it is not easy to always follow or understand the modified regulations or new regulations coming in, the changing tax structures, industry specific guidelines, etc.

Instead of overburdening the finite company resources on these operations, they can be outsourced to free up your resources and get the work done by professionals who know their field well. This will help reduce the pressure on you and your staff to focus on driving your business to success. By coming to a firm like YBO for your accounting and bookkeeping needs you can also be assured of the reliability and accuracy of the work. This can help keep small but expensive mistakes at bay. With your company books fully up to date and maintained professionally, you will also be better suited to judge the position of the company and be able to make fully informed decisions regarding things that impact the bottom line and future of your company. 


Services We Offer

At YBO, we are fully equipped to handle all your accounting and bookkeeping needs. Our team of professionals can manage all your distinct requirements and provide you with high quality solutions. A selected list of our services are:


Accounts Payable Management

Managing the payments of third parties like vendors or suppliers.

  1. A streamlined solution for the company’s accounts payable procedure
  2. Tracking, sorting, storing, managing of all aspects for accounts payable
  3. Setting optimum payment cycle to avoid penalties or overdue charges
  4. Expert staff with the know-how for the best accounts management softwares

Accounts Receivable Management

Managing the payments owed to your business for services or products already delivered

  1. Setting up a defined system to help receive regular payments
  2. Managing the receivables cycle to eliminate threat of bad debt
  3. Expert staff with the know-how for the best accounts management softwares

Bank & Credit Card Reconciliations

Reconciling, i.e., making sure that the transactions made in your bank account or credit card are there in your general ledger

  1. We recordall your transactions be it from your bank or from your credit card and reconcile them with your statements
  2. We check the status of all your transactions (if they have been cleared or not) to make sure correct posting
  3. Our team of experts and the exclusively designed software we use enables you to be in control & collate everything efficiently.

Fixed Assets Management

Tracking the organization’s fixed assets to monitor the financial health of the organization 

  1. Complete management of your fixed assets register with accounting software
  2. Identification of transactions of capital nature, maintaining depreciation and amortization schedule, calculating depreciation and tracking the profit or loss from the sale of a fixed asset

Loan Accounts Reconciliation

Managing your books to ensure the company loan account is tallied and accurate

  1. Professional management of your loan accounts book to assure the accuracy of closing balance at year end
  2. Loan agreement assessment
  3. Preparation of repayment schedule
  4. Segregation of Loan transactions between principal and interest
  5. Monthly reconciliation of the loan statement and book
  1. Tie to Tax services.
  2. Clean-up and catch-up services.
  3. Monthly bookkeeping and Month end review services.
  4. Payroll Management and Reconciliation.
  5. Financial statements review and preparation services.
  6. Project/Class/Location based accounting services.
  7. Migration from one accounting software to another
  8. Integration with multiple tools and application

Industries We Serve

With our 10+ years of industry experience, our experienced team of skilled professionals is well placed to serve your business. We have worked with businesses of all sizes across industries. Our broad experience of helping clients from various industries distinguishes us from other organizations. Selected list of industries we have worked with so far:

  1. Restaurant
  2. Law Firms
  3. Hospitality
  4. Education
  5. NGOs
  6. Manufacturing
  7. Consultancies

Why Choose Us

With a solid 10+ years of industry experience we are well equipped to handle all your accounting and bookkeeping requirements. Furthermore, our team of experts is well qualified to give you reliable and quality output consistently. At YBO, we only work with professional softwares that meet the highest level of international standards and protocols. Our team is well versed with these softwares thus ensuring quick and accurate results. Most importantly by letting the professionals at YBO handle your bookkeeping and accounting service, you free up valuable time and resources within your organization to focus on your core business. With YBO, we ensure your peace of mind regarding your accounting and bookkeeping needs, so that you can say goodbye to days of accounting stress.

    • 10+ Years of Industry Experience
    • Professionally Qualified Team of Experts manage your accounts and books reliably
    • Usage of professional softwares that meet the international standards
    • We value client data and confidentiality
    • High Quality Customer Service
    • Say goodbye to your accounting woes, focus on your company goals

Faq's

I have never outsourced my accounting or bookkeeping before, not sure about the process.

With YBO, you can be assured of seamless transition, whatever your needs we are sure we can fulfill them. All you need to do is get in touch with us and our team of experts will guide you through the entire process.

Will my accounting and bookkeeping data be safe with a third party?

Yes, it will be safe, we value the importance of customer data and confidentiality and ensure that your data is handled in compliance with strict protocols.

What sets YBO apart?

Our team and our experience sets us apart. Our commitment to taking away your back-office woes and making YBO your trusted accounting partner set us apart. Our willingness to go the extra mile to deliver premium quality service sets us apart. Get in touch for a zero-obligation chat and let our team prove to you why we are the right choice for your back-office needs.