Book keeping services is the sub-category in the accounting services and has a major role to play. It includes all the Book keeping i.e. Balance Sheet (B/S), Profit & Loss Accounts (P&L a/c’s), Income & Expenditure accounts (I&E a/c), Cash Book, Cash Flow Statements, and T Accounts. All these book keeping services and statements helps in determining the financial position of the company & an understanding of how the company is competing with its key competitors. Also helps in making the competitor’s strategy and why it’s important for the client in their business and profit making. Book keeping services is a huge part of the profitability aspects that are linked with a company.
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