At first glance, bookkeeping and accounting may seem interchangeable. Accounting is the umbrella term for all processes related to recording a business’ financial transactions, whereas bookkeeping is an integral part of the accounting process. Accounting utilizes data from bookkeeping and is much more subjective.

We provide our clients with top-notch accounting services like forecasting costs and revenues, generating financial reports like balance sheets, profit & loss statements, cash flow statements, performance trend analysis.

Our experienced professionals assist clients by providing Bookkeeping services customized to your needs such as collecting and analyzing financial documentation, recording transactions, reconciling books, and ensure your accounts are in order at tax time. We learn about your business and quickly get your books up to speed.

Don’t feel lost in the numbers. We review your books with you each month so that you can effectively run your business. Our Bookkeeping services include:

We offer payroll outsourcing services that reduce complex and time-consuming tasks for businesses. We handle setup, run payroll, keep you in compliance, and integrate benefits for your employees.

Our services include:

A financial model is the numerical expression of your startup’s goals – how many customers you will have, how many people you will hire, how your margins will improve. Financial models offer data-driven, quantitative analysis that tells you where your company stands and where it’s heading.

We offer comprehensive 3 years forecast of your company’s financial performance into the future, providing insightful information allowing you to explore the financial impact of strategic decisions and support your business plan or investment decision. This process involves:

When running a startup or SME, it is important to understand the taxes your business is liable to and to ensure that you are not paying more tax than you should. It is also imperative for every business owner to know that they are paying the lowest amount of tax they can within the law. Getting good tax support from a tax professional can translate into money for your business.

Our dedicated tax experts provide you with year-round affordable tax advisory services, ensure compliance and minimize tax liabilities. These services include:

We prepare and provide implementation support for internal policies and procedures necessary for your company’s smooth functioning and achievement of its strategic objectives. We work with you to develop sound and customized procedures and policies such as:

The team at Melsome Consulting are here for you every step of the way