Setting up and review of your chart of accounts, accounting systems, processes, and controls. Guidance on the adoption of best practices to facilitate standardized bookkeeping practices. Training on generation, gathering, and storage of documents of original entry
Review of all the necessary source documents; requisitions, quotations, invoices, and receipts. Post all the entries into the accounting software. Entering bank details and making all the necessary reconciliations, including bank and balance sheet reconciliations. Monthly reports will be generated;
Generate payroll and support with Pay As You Earn (PAYE) and NSSF calculations and filing.
Utilize the monthly financial statements to generate annual management accounts. The income statement, cash flow statement and balance sheet will be generated. Additionally, update the asset register.
Review of the management accounts, calculation of corporation tax, and filing with the tax authority.
Utilize the management accounts to generate and filing with the Uganda Registration Services Bureau
Odoo is a suite of open source business apps that meet all your business needs: CRM, e-commerce, accounting, inventory, point of sale, project management, etc.
Odoo's unique value proposition is to be very easy to use and fully integrated at the same time.