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Bookkeeping

We ensure accuracy and compliance for informed decision-making and growth.

A company's accurate bookkeeping and accounting process reflects the conciseness of its Financial Reporting. Accounting is the function that verifies, records, and communicates the financial and non-financial data of the company. On the other hand, financial reporting is a step further than accounting. Financial and management accounting is what one makes of the accounting information. Financial Reporting is the systematic presentation of accounting data to the government, shareholders, investors, and other interested parties. it is mandatory to follow the International Financial Reporting Standards the IFRS accounting standards.

The combination of our professional accounting and reporting services in Global and advanced cloud technology helps you to automate, standardize and streamline accounting and reporting processes, in order to increase efficiency and control of your financial operations. Take well-informed business decisions by getting better control and more accurate reporting.

Having access to our highly qualified and experienced team of certified accountants and consultants guarantees that all your operations meet the legislation requirements applicable in Global and you can shift your focus towards more strategic functions of the financial management.

We are ready to use our experience and best practices that fit the Global market to provide you with tailored solutions and reliable accounting consultancy covering specific and more complex areas

We prepare comprehensive financial statements that provide a clear view of a company's financial health. Our services include:

  • Balance sheets, income statements, and cash flow statements
  • Accurate classification of assets, liabilities, and expenses
  • GAAP, IFRS, and other regulatory compliance adherence
  • Custom reports for investors and stakeholders

Efficient bookkeeping is essential for smooth business operations. We provide:

  • Daily transaction recording and categorization
  • Accounts payable and receivable management
  • Bank and credit card reconciliations
  • Cloud-based bookkeeping solutions for real-time tracking

Stay compliant with tax laws and avoid penalties with our expert tax reporting services:

  • Preparation and filing of corporate tax returns
  • Sales tax and VAT calculations and submissions
  • Tax deductions and credits optimization
  • Compliance with federal, state, and local tax regulations

We manage payroll processing to ensure timely and accurate compensation while maintaining compliance:

  • Automated payroll calculation and tax withholdings
  • Employee benefits and deductions management
  • Payroll tax filings and W-2/1099 preparation
  • Compliance with labor laws and payroll regulations

Plan and optimize financial performance with our budgeting and forecasting services:

  • Development of annual and quarterly budgets
  • Cash flow projections and financial planning
  • Variance analysis and cost control strategies
  • Scenario-based financial modeling

Gain insights into your business performance with detailed management reports and KPI tracking:

  • Customized financial dashboards and reports
  • Performance tracking and profitability analysis
  • Key financial metrics and trend identification
  • Data-driven decision-making support

Ensure your financial records are audit-ready for regulatory and compliance reviews:

  • Systematic record-keeping and documentation
  • Reconciliation of financial statements with audit requirements
  • Internal controls and fraud detection support
  • Collaboration with external auditors for seamless audits

Frequently Asked Questions

Bookkeeping services help businesses manage their finances. They track money coming in and going out. This includes paying bills on time and sending invoices. They also create reports that show how the business is doing. During tax season, they organize financial information to be ready. In short, bookkeeping services help businesses stay in control of their finances and make better choices.

Bookkeeping services are critical for business, as they ensure accurate financial record-keeping, timely tax compliance, informed decision-making, and a clear understanding of financial health.

We support whatever bookkeeping software you are currently working with, including QuickBooks, Xero, Zoho, Wave, Freshbooks, Sage, NetSuite and other platforms. We are also well versed with various industry-specific software.

It's understandable to get overwhelmed by the number of options available online. However, the key to identifying the right bookkeeping service for your business is discerning if they’re able to have an in-depth understanding of your business needs and the capacity and skills to offer a custom ideal bookkeeping solution for that situation. Other important factors to look out for include billing transparency, industry expertise, communication strategy, and the proactiveness of the service provider. Global Numbers Co. is committed to offering personalized solutions to specific business bookkeeping needs. Our team is here to guide you 24/7.

Many business owners, especially the ones that are just starting out often confuse accounting for bookkeeping. Clearing this misconception can help you have a clear understanding of what to expect when outsourcing either service. Bookkeeping is the basic service comprising the recording of transactions/accounting data and its maintenance. Meanwhile, accounting services comprise multiple functional services such as the classification, analysis, reporting, and summarization of accounting data. Here at Global Numbers Co., we take a step further and offer comprehensive and automated accounting and bookkeeping services to fulfill all your business’s diverse needs. You can reach out to us via email or phone to learn more about our services.

Outsourcing your bookkeeping allows you to transfer all your bookkeeping burdens to a team of professionals. It also allows businesses to focus their resources on more core operations such as strategic work instead of taking extra time to manage repetitive tasks. With more of their resources freed, businesses can spend them on growth-driving strategies to boost their success. By outsourcing bookkeeping, they’re also able to get their financials done more accurately and on time, which boosts their financial management to support their growth.

Switching is easier than you think. We start with a free consultation to understand your current setup. Then our team conducts a catch-up review of your existing books, migrates your data if needed, and sets up standardized workflows in your accounting software. Most transitions are completed within 1–2 weeks with zero downtime. Our catch-up bookkeeping services ensure nothing falls through the cracks during the handoff.

Yes. We specialize in cleaning up inaccurate or incomplete financial records and bringing books current. Our clean-up bookkeeping services are designed to handle even complex, multi-year cleanup projects. All our plans include catch-up and clean-up bookkeeping by default.

Yes. Global Numbers Co. combines the legal protection of a US company with the cost savings of global operations. Unlike loose freelancer networks, we operate exclusive delivery centers that we physically control. Your data is managed using secure, encrypted cloud platforms under strict confidentiality protocols.

Bookkeeping focuses on the daily recording and categorizing of financial transactions—data entry, bank reconciliations, accounts payable and receivable, and payroll. Accounting builds on those records to produce financial analysis, tax strategy, and compliance reporting. Think of bookkeeping as maintaining the foundation, while accounting interprets the data for decision-making. At Maxim Liberty, we handle the bookkeeping so your CPA or accountant can focus on high-value advisory work.
 
     
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