Xgas-Png

Thank you to you all who likes and follow

Apart from rendering accounting services to our clients we are also venturing into forestry business.

Every SME owners or leader faces the challenge of maintaining a good profit margin, particularly when navigating a period of growth.

To be as profitable as possible, you need to understand your figures and anticipate any likely costs to prevent budget overruns. Thus you can identify issues early before they turn into potential problems.

The key to doing this is to have accurate and timely bookkeeping records that enable you to run reports and assess financial health of your business.

Assessing bookkeeping records can prove difficult for businesses using a ledger or spreadsheet-base accounting system. Spreadsheet not only make the process of producing an accurate financial report arduous and time consuming but can be risky leading to errors that can cost your business thousands pounds.

If your business or company uses spreadsheet to log activities such as budgeting, forecasting, tax calculation, inventory tracking, task management, and account reconciliation your data could be easily flawed. Copy paste or data entry mistakes and faulty equations are some of the common errors that can occur, putting you at risk of making decisions on inaccurate information.

Adopting a cloud based accounting software like XERO can help you stay on top of your finances. Xero enables you to create viable business model with the efficiencies, financing, and systemised processes need to scale. In addition, it mitigate the risk of inaccurate figures and immediately make real-time data on cash flow and other financial performance available.

To all suppliers and service providers to Government Departments including the State-Owned Enterprises; the Internal Revenue Commission’s (IRC) intends to issue GST withholding Notices under Section 65A of the GST Act– Payment of Tax in Special Cases.

ABOUT XGAS PNG

Payroll Outsourcing Services

Engage Now:
Calls Us: Mobile No. +67572415699

Engage Now

👉Xero Global Accounting Services - PNG
✅Xero Advisor Certified and Partner - Singapore Region
✅QuickBooks Online Certified Advisor - Asia Region

On January 20, 2022, the company has renewed its Certificate of Good Standing with the IRC.

Done & dusted.
Renewal of business name for XGAS-PNG. We are excited to rollout our services as soon as possible as market demand is there 👍