Accounting Services

---

We offer bookkeeping clean up- What have you or your previous bookkeeper messed up before? Don't worry; Nitselec will help you get your finances back on the right track through thorough, organized, and fully completed bookkeeping. What is worth doing is worth doing well, and with our efficient accounting services, we will help you do your bookkeeping right and clean to save you a lot of time, resources, and anxiety. There is no alternative to a good bookkeeper that can help you set up, maintain, and clean up your financial statements, which will, in turn, maximize your overall business health. We have a team of experts dedicated to triaging and designed to help you scale up.

Accounts payable (Bill Paying) – Our AP services help you prevent duplicate payments, increase working capital, and financial control for high-level executives. Our accounting services at Nitselec will help optimize your cost by ensuring the timely payment of bills while avoiding interest. Nitselec will support your business regulatory requirements. We will help you convert your on-paper business into real live data through our online bookkeeping services, from invoice receipt to processing and management. Our process is automatic, and we can fetch you many reports for a better understanding of your finances and optimizing decision-making through our up-to-date software.

Account Receivables (Deposits & Collection) - We are an outsourcing account receivable organization that can assist you. When you partner with us, we will provide you with access to resources and labor, which will help collect outstanding payments, thereby easing your account receivable management. Our firm offers uninterrupted virtual bookkeeping services, access to online accounting reports, and better cash flow management while ensuring regular follow-up, including analysis and metrics. We understand that efficient management is significant to your business. That is why our accounting services include keeping track of invoices, monitor the processing time while reducing the collection times and bad debts. We will ensure a timely payment rate increase to help optimize your business while reducing human errors. 

Reconcile Cash Accounts- It can be tiring and difficult performing your bank and credit card reconciliation every month's end. We hope to give you peace of mind, which is why we are dedicated to providing you the stability you desire. We have the experience and skills to provide extensive bank account reconciliation services. They include; full or partial reconciliation, creating bank reconciliation reports, check sequencing services, and cash accounts reconciliation services, reconciling your bank records with your credit card statement, and review all deposited, cleared, and canceled checks. We will gather all the requirements needed to understand your bank account reconciliation needs and then devise a custom solution to address your bank management requirements effectively. You can enjoy your peace of mind with our business accounting, knowing that our accounting analysts balance your cash balances after confirming your information accurately. 

Reconcile Credit Card Statements - Our management accounting is topnotch, and with your trust, we will help you manage your credit and ensure the cost of credit reduction. We will assist you in implementing the best credit structure suitable for your business.

Track Inter-Business Loans- While taking care of your accounting and financial needs, our business accounting services can help you advance financial services that can help you get a full financial loan for your business. We will provide financial advisory and options and adequately prepare you for the raise, negotiation, and plan to utilize the cash infusion on a business budget. We will also give you regular updates on inter-business loans best suited for your business. We have relationships with equity and debt firm in the country, and we will help you secure the best rates.

Trial balance & General Leger- With hard work and honesty, our professionals with accounting services experience render trial balance service. Our experts will help prepare the balance when all the entries are posted to the ledger using high-quality accounting software. We will then make sure to test the equality between credits and debits after making all necessary adjustments. We also provide high-quality general ledger services by keeping track of market needs. Our trained experts use a secure online process to create a custom file to post payroll information quickly to our clients' accounting software. All our accounting services are rendered under the direction of set industry norms and standards.

Payroll Processing- We know running an in house payroll can be challenging. So why not allow us to free up some of your considerable time, resources, tools and also take over the payroll process for you. With the many responsibilities associated with being a business owner, payroll shouldn't be one of them. All you need to do is send us the monthly particulars, and we can deliver your payrolls for you. We will not only take great care of your employee. But we will be actively involved in managing payroll taxes, W2s, paid time off, and any other payroll-related tasks. 

Capitalize Fixed Assets - At Nitselec, we capitalize fixed assets to help you get a clearer idea of the total amount of capital that has been used on assets. With our services, your company's management accounting can determine the amount of profit earned over time in a more meaningful way. Our fixed asset capitalization system will help your business spread expenses over various periods instead of booking one massive outflow at once, which can be drastic. 

Verify Inventory Levels for your business- As your business's complexity increases, so will the inventory volume. This can become cumbersome for you and may even create room for human errors, which will affect every aspect of your business. To prevent this, we will provide standardized functionality for inventory counting, which helps verify inventory levels, reducing human error, risks, guesswork, and bias, and ultimately creating a healthier bottom line for your business.