At RFBI, we offer comprehensive accounting services tailored to the unique needs of businesses and individuals. Our expertise spans from basic bookkeeping to advanced financial reporting and advisory services. Whether you need support in managing daily financial transactions, preparing financial statements, or making strategic financial decisions, we ensure accuracy, compliance, and insight that drive business success.
Proper bookkeeping is the foundation of any solid accounting system. At RFBI, we help businesses and individuals maintain accurate financial records, ensuring that your financial data is up-to-date and organized for easy access and analysis.
Day-to-Day Bookkeeping: We provide bookkeeping services that involve recording daily transactions, including sales, purchases, receipts, and payments. This ensures that your business has a real-time overview of its financial position.
Accounts Payable and Receivable Management: Our team helps manage your accounts payable and receivable, ensuring timely payments and collections to maintain healthy cash flow.
General Ledger Maintenance: We ensure that your general ledger is properly maintained, categorizing all financial transactions to help track your company's financial performance.
Bank Reconciliation: We reconcile your bank accounts, matching transactions in your accounting records with bank statements to ensure accuracy and detect discrepancies.
Our financial reporting services provide an accurate snapshot of your company's financial health. We prepare essential financial reports that enable you to make informed decisions and comply with regulatory requirements.
Preparation of Financial Statements: We prepare detailed financial statements, including the balance sheet, income statement, and cash flow statement, in accordance with accounting standards (GAAP, IFRS). These reports provide insights into your company's financial position, performance, and cash flow.
Management Reporting: Our management reporting services offer custom financial reports that provide key insights to business owners and management teams. These reports highlight profitability, liquidity, and operational efficiency.
Budgeting and Forecasting: We assist in creating accurate budgets and financial forecasts based on historical data and market trends. This helps you plan for future growth, control costs, and manage cash flow more effectively.
Variance Analysis: We perform variance analysis, comparing actual financial performance against budgets or forecasts. This allows you to identify areas where your business is underperforming or exceeding expectations, facilitating timely decision-making.
Managing payroll can be complex and time-consuming. Our payroll services ensure that your employees are paid accurately and on time while complying with local labor laws and tax regulations.
Payroll Processing: We handle the entire payroll process, including salary calculations, deductions, bonuses, and tax withholdings. This ensures that your employees are paid promptly and accurately.
Tax and Regulatory Compliance: We ensure compliance with payroll-related tax laws, including income tax, social security, and other statutory deductions. We also prepare and file payroll tax returns.
Employee Benefits Administration: We manage employee benefits, such as pension plans, health insurance, and leave accruals, ensuring that all records are accurate and up-to-date.
Payslip Generation: We generate detailed payslips for each employee, ensuring transparency and accuracy in payroll calculations.
At RFBI, we offer comprehensive tax accounting services to ensure that your business complies with tax laws and regulations while optimizing tax efficiency. Our goal is to help you minimize tax liabilities through effective tax planning and accurate reporting.
Corporate and Personal Tax Preparation: We prepare tax returns for both businesses and individuals, ensuring that all tax filings are accurate and submitted on time. Our tax preparation services cover income tax, capital gains tax, VAT, and other applicable taxes.
Tax Compliance: Our team ensures compliance with the latest tax laws and regulations, helping you avoid penalties and audits. We assist in preparing and submitting all necessary tax documentation to the relevant authorities.
Tax Planning: We provide proactive tax planning strategies to reduce tax liabilities and take advantage of available tax deductions and credits.
Deferred Tax Accounting: We help businesses manage deferred tax assets and liabilities, ensuring that tax-related financial transactions are recorded accurately in line with accounting standards.
Our financial advisory services are designed to help businesses make strategic decisions that improve financial performance, maximize profitability, and minimize risks. Whether you are planning to expand, restructure, or invest, RFBI provides expert guidance to ensure long-term financial success.
Cash Flow Management: We help businesses manage their cash flow more effectively, ensuring that you have the liquidity to meet short-term obligations while optimizing long-term growth opportunities.
Cost Management and Reduction: Our experts analyze your cost structure and provide recommendations to optimize expenses without compromising the quality of operations.
Business Valuation: We provide comprehensive business valuation services to help you assess the worth of your business for purposes such as mergers, acquisitions, or investment opportunities.
Mergers and Acquisitions Support: We provide financial due diligence and advisory support during mergers and acquisitions. Our team assesses financial statements, identifies risks, and evaluates the financial impact of proposed transactions.
Financial Restructuring: We assist businesses in restructuring their finances, whether it's optimizing debt arrangements or revising equity structures, to improve financial health and performance.
In today's digital age, having an efficient accounting system is crucial. At RFBI, we assist businesses in implementing and managing accounting software solutions that streamline financial processes and enhance accuracy.
Accounting Software Setup: We help businesses set up and customize accounting software (e.g., QuickBooks, Xero, Sage) to fit their specific needs. This includes chart of accounts setup, invoicing systems, and reporting functions.
Software Training and Support: We provide training for your team on how to use accounting software effectively. Additionally, we offer ongoing technical support to ensure smooth operation.
Cloud Accounting Solutions: We assist businesses in transitioning to cloud-based accounting platforms, allowing real-time access to financial data and facilitating collaboration across teams.
Experienced Accountants: Our team consists of highly qualified and experienced accountants who understand the complexities of modern accounting standards and practices.
Tailored Solutions: We recognize that each client's financial situation is unique. Our services are customized to meet the specific needs of your business or personal finances.
Accuracy and Compliance: We ensure that all financial records are accurate and comply with the latest accounting standards and regulations, helping you avoid errors and penalties.
Confidentiality and Trust: At RFBI, we maintain the highest standards of confidentiality and integrity, ensuring that your financial information is handled securely.
Whether you're looking to outsource your entire accounting function or need specific support for financial reporting, taxation, or payroll, RFBI is here to help. Our team of expert accountants is dedicated to ensuring your financial records are accurate, compliant, and aligned with your strategic goals.
By choosing RFBI for your accounting needs, you can focus on growing your business while we take care of the numbers. Let us help you maintain financial clarity and control.
Office 1 - 32/8 Shitolokkha Housing, Eshakha Road, Killarpul, Narayanganj
Office 2 - iConnect, 128 SS Shah Road, Bandar, Narayanganj
info@rfbi.xyz
01945947946, 01675329770