What documents do RKD Tax and Accounting need from me to best help my business?To meet your business accounting needs, you need to present some important financial documents such as income statements, balance sheets and cash flow statements which also include, but are not limited to the following:
Your tax forms depending on the nature of your business. You can also contact RKD to know the type of tax form that is appropriate for your business.
Your accountant will also request for all receipts of assets bought by your business. Other related financial documents such as loan payment records, accrued interest, bank statements, payroll data, inventory, and expenses records. You can contact RKD to get details of the documents required for your business.
Should I invest in accounting software or consult accounting firms?
Accounting software is thought to provide a wide range of accounting services. However, they have some limitations which make RKD services more preferable to clients than accounting software as highlighted below:
Most accounting software can be complex for business owners to use. They may even require special training and this consumes valuable business time. RKD acts promptly on your accounting requests.
Getting a license to use the software and buying them involves a high cost. This is in addition to the cost of training.
Using accounting software can expose your business to fraud. RKD has a team of trusted professionals that are ready to attend to you.
From the above, consulting RKD Income tax and Accounting services is the best option for you.