There are 1 Companies in Iraq
that provide Bookkeeping Services!
The image that was created about Iraq in the past 2 decades, was of an unfriendly country with an underdeveloped digital sector and limited possibilities, but the truth is that the country sought and found solutions to empower the tech sector.
Discover Top IT Companies in Iraq specialized in Bookkeeping and other related services. Find the best IT service providers for your projects.
Bookkeeping is the process used to record the financial transactions of a company. These services involve tracking how much money enters and exit a firm, such as payments from clients and payments to vendors.
Did you know that bookkeeping accuracy is critical for company success? According to research conducted by a U.S. bank, 82% of small businesses fail owing to a lack of understanding and management of cash flow, highlighting the need for competent accounting.
Explore Top Bookkeeping Companies in Iraq
Sharpsoft is an IT solutions and services company that provides all the technology-based solutions your business needs. With our highly trained and ex...
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What is Bookkeeping and what are its benefits for your projects?
Bookkeeping is the process used to record the financial transactions of a company. These services involve tracking how much money enters and exit a firm, such as payments from clients and payments to vendors.
Did you know that bookkeeping accuracy is critical for company success? According to research conducted by a U.S. bank, 82% of small businesses fail owing to a lack of understanding and management of cash flow, highlighting the need for competent accounting.
Fact about Bookkeeping
The profession of bookkeeping can be traced back to the 15th century when Italian mathematician Frater Luca Pacioli, known as the father of modern bookkeeping, introduced concepts like double-entry bookkeeping and other accounting systems that are still in use today.
Bookkeeping for every form of business requires various components and stages:
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Documenting transactions
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Managing debits and credits
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Processing payments and invoices
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Preparing financial statements (Income Statement, Balance Sheet, Cash Flow Statement, Statement of Owner’s Equity)
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Maintaining general ledgers
Bookkeeping offers the following benefits:
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Increased budgeting
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Simplified tax filing
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Ensuring IRS compliance
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Understanding seasonal business changes
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Monitoring financial metrics (revenue, costs, profitability, etc.)
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Gaining more operational time
How To Find a Bookkeeper
Bookkeepers manage a company's financial accounts, ensuring they are accurate and simple to understand. Their job is critical to the effective operation of a company, which might have many transactions in a single day, or over a week, month, fiscal quarter, or year.
At the moment, TechBehemoths has 25 Bookkeeping service providers. Choose a suitable provider based on their location, reviews, portfolio and hourly rate. Apply our platform filters, get in touch with them and create a contract outlining deadlines, rates, and expectations to ensure everyone is on the same page.
Also, you can submit your project, and we will select companies based on the project description, deadline, budget, and technical speciality for accurate matching.