Accounting

“Know your numbers

 Know your business”

In our experience, we’ve found that time and again, incredible businesses with amazing visions are unable to scale because they lack a good handle on their finances. Decisions were made based on gut feel rather than hard financial data, resulting in a lack of execution, growth and success. We strongly believe that if you don’t know your numbers, you don’t know your business. Translating a company’s vision into numbers is our sweet spot and we strive to establish strong accounting processes and financial analysis in order to enable growth in our clients’ business.

Services we provide

Bookkeeping

Owning and operating your own business requires you to perform numerous tasks to keep your company operating in the black. While you need to stay involved in many of the day-to-day responsibilities of your business, it can be advantageous to outsource the accounting and bookkeeping work to experts. Our bookkeeping services are our specialty here at Search Worldwide. Our bookkeepers will enable you to focus on running your business while we keep track of the numbers.

  • Stop wasting time agonizing over your books
  • Get up-to-date financial reporting
  • Work with a certified and professional team

HOW IT WORKS

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We get you Setup

First we study about your business and under the business , show how you it works and gather everything we need from you.

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We Do your Bookkeeping

Each month our bookkeepers gather the business transactions and get to work on your books. If they need additional information we will get in to-uch with you.

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We deliver intuitive financial report

Track your financial health in the month-end and get the financial advice from our expertise.

Finance Management

Managing your money is more than just knowing how much you have in your business bank account – proper records are vital for understanding the financial state and cash flow of your business. Basically finance is the bloodline of your business. In addition to keeping proper records, it’s important to understand just what all the financial reports and figures mean in practical terms for your business.

Audit Preparation & Support

While an audit can be a challenging process, being prepared before your auditor gets their hands on your books can make all the difference. Our Accounting experts – whether we are already a part of your team or you just call on us once a year – can make sure your books and documentation are in order as you begin the audit process.

Before your auditor or audit firm come on site, we work with you to:

  • Review account balances
  • Prepare reconciliations and audit working paper schedules
  • Improve documentation
  • Review internal controls
  • Prepare financial statements and related disclosures
  • Assist with responding to auditor’s inquiries and responding to technical issues on your behalf

Like anything, the better prepared you are at the beginning, the less time, resources and stress it will take to complete your audit.

Cash Flow Projections

Your cash flow statement can give you an idea of your business’s current financial health. But, wouldn’t it be nice to see your company’s future cash flow? You don’t need a crystal ball to view your cash flow’s future. Instead, create a cash flow projection.

Projecting cash flows has many advantages. Some pros of creating a cash flow projection include being able to:

  • Predict cash shortages and surpluses
  • See and compare business expenses and income for periods
  • Estimate effects of business change (e.g., hiring an employee)
  • Prove to lenders your ability to repay on time
  • Determine if you need to make adjustments (e.g., cutting expenses

Incorporation

In Sri lanka you can register a business as a sole proprietor,partnership or as a private limited company. When you expand your business its more secure to register as a private limited company and it gives you more benefits than being a sole proprietor.
There are steps to follow when you’re registering a company under Sri Lanka’s Companies Act No. 7 of 2007. You can get registered through our company with a minimum time period.