Virtual Accounting to Help SMEs in Bookkeeping Berths in Nigeria

By Eromosele Abiodun

In an effort to help the small and medium scale enterprises (SME) sector get unfettered access to necessary equity and debt financing and to ensure growth, Pundit Bookkeeping Services,  has announced it is  offering SME operators a bouquet of  accounting services suitable for their peculiar needs.

Recently launched in Nigeria, the company provides general accounting services as well as specialized flexible and efficient bookkeeping solutions to SMEs and individuals who desire professional help in keeping track of their finances. By rendering this service to them, SMEs can focus on other important aspects of their businesses without thinking of the high cost of maintaining full-time accountants.

Speaking on some of the benefits that come with hiring its services, Managing Director, Pundit Bookkeeping Service, Ms. Jovita Madojemu, said that the company understands that many SMEs in dire need of clear co-ordination in their business finances often think that such professional service comes highly-priced. She, however, assured that their services are affordable.

“We are well positioned to provide such businesses with professionally-prepared books of accounts and services at a very friendly price. This way, SMEs will not only save funds spent on extra office space for the recruitment of a full-time accountant but they will also have access to a pool of professionals and chartered accountants, who will be made available to them, providing expert advice where necessary, as well as detailed information and reports, ”Madojemu stated.

She added: “At half the cost on a monthly retainer, our clients will have access to key services, which include free consultation, open and friendly interactions, clear and jargon-free business analysis, transparent and flexible pricing, pay-as-you-go or monthly, professionally-prepared books of accounts, timely, monthly management reports, including but not limited to income statement, balance sheet, annual budget and forecasts, debtors and creditors schedule, bank reconciliations, among others.”

On his part, Director, Pundit Bookkeeping Services, Mr. Layi Adetona noted: “As bookkeeping is a universal concern for entrepreneurs, it is absolutely necessary to keep track of those debits and credits alerts. “It is a fallacy to believe, as a business owner, that the practices that brought you thus far can take you further.

“Many have found that to succeed in an ever changing business environment, one needs reliable bookkeeping and the use of information provided to chart the course towards success. What makes a profitable business go bankrupt can also make a business with good cash flows grind to a halt. The antidote to this lies in business decision tools that reliable bookkeeping provides.”

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