Accounting services
818HI offers a range of accounting services tailored for small and medium sized businesses, taking away the administrative burden of always keeping books up-to-date, thus allowing the SME to concentrate on running their business more efficiently.

Income related tasks

  • Record payments from your clients
  • Enter bank deposits and classify to appropriate income categories
  • Enter paypal and other credit card income and classify
  • Track client under and over payments
  • Create and manage sales/accounts receivable invoices
  • Track delayed payments and send reminders, if needed

Expense related tasks

  • Record checks that were sent out and enter proper codes to classify
  • Enter Paypal, debit and credit card transactions to correct expense categories
  • Enter supplier/accounts payable invoices. Route to appropriate people for approval
  • Set up online bill payments to pay your suppliers
  • Create reports on how much money you owe your suppliers Enter payroll information of your staff
  • Track advance payments made to company staff

Reconciliations

  • Check actual amount deposited in the bank statements for any discrepancies
  • Reconcile credit card transactions
  • Correct any errors and write up adjusting entries

Reports

  • Income and Expense statement
  • Balance sheet
  • Cash flow
  • Amount that customers owe you
  • Amount that you owe your suppliers
  • General ledger
  • Reconciliation
  • Other custom reports you need

Other bookkeeping tasks

  • Asset management and reporting
  • Inventory management
  • Sending picklists for warehouse for shipping products

Reconciliations

  • QuickBooks
  • PeachTree
  • FreshBooks
  • Quicken
  • Wave Accounting
  • Zoho Invoice
  • Other custom tools
WhatsApp WhatsApp us