Bookkeeping - Bookkeeping

Talk to our experts:

Bookkeeping

The rule of thumb in the business world is that precise and organized financial maintenance is an instrumental key to business success, reduced financial risks, and effective management. Our accounting and bookkeeping department supports many businesses, assisting them with ongoing and accurate maintenance of income and expense collection and recording, submitting reports to tax authorities, and managing payroll. This all-encompassing approach allows business owners to receive a monthly, up-to-date profit and loss statement, enabling them to take immediate action if changes are necessary.

Our professional team consists of certified accountants (Type 2-3) with extensive experience in handling a wide range of businesses of varying sizes and phases of growth. We make sure to stay continuously updated on all Israel Tax Authority rules and ordinances, and we help our clients understand how these impact their business operations and how to respond accordingly.

Most of our department’s service is performed externally, thereby freeing business owners with financial management needs from relying on in-house staffing for ongoing tracking and monitoring. At the same time, in cases where a company’s activity grows and the need arises, we also provide support and operational organizational services to clients wishing to establish their own internal accounting system, along with payroll assistance. We are here to ensure your business’s financial management is carried out in the most professional and efficient manner.

department services

  • Ongoing Management: Handling ledgers, invoice entry, bank and supplier reconciliations, petty cash management, and payroll entries.
  • Reconciliations & Reports: Preparing periodic profit and loss statements reflecting the business's real-time status.
  • Preparation for Audit & Tax Authorities: Preparing a comprehensive file for auditor review (including closing supplier reconciliations, payroll reconciliations, fixed asset entry, and balance management), and handling payments and reconciliations with tax authorities (VAT, Income Tax, National Insurance).
  • Cash Flow & Credit Management: Performing reconciliations against bank deposits (cash, checks, credit cards) and managing interactions with credit card companies.
  • Payroll: Preparing pay slips for various businesses, including graded pay slips for teaching staff.

Talk to our experts:

News and updates in the field of Bookkeeping

26/06/2023 Partner since 2014 38 years experience Tell us a

כתבו לנו ונחזור אליכם בהקדם

Write to us and we will get back to you as soon as possible.