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Updated on 19th Aug 2025
We offer precise accounting services or bookkeeping services in Bangladesh for your organization. Our team of professionals offers precise financial reporting, local regulatory compliance, and intelligent financial analysis to help you make informed decisions. At Bangladesh Consultant, we are a provider of accounting services throughout Bangladesh, and we offer a practical solution to all of these issues. Our services include maintaining the day-to-day records of your company in such a way that you are relieved of the responsibility of worrying about its financial standing.
Bookkeeping may be conducted using either a single entry system or a double entry system. The single entry system is the simpler of the two. According to our bookkeeping services in Bangladesh, the single entry system is the one that is most often used for personal accounting systems. In this system, each transaction is only recorded once. Every single monetary transaction is required to have a debit amount that is equivalent to the credit amount under the double entry method, which is most often followed by commercial corporate bodies and other international organizations.
The Bangladesh Companies Act mandates that all companies registered in Bangladesh maintain legal files of records. Effective bookkeeping is not limited to the routine maintenance of records and the creation of financial summaries for the purpose of filing annual returns; it also provides insight into the effective operation of a business and the provision of financial services. Bookkeeping is a fundamental component of accounting services. It entails the accurate categorization, recording, and maintenance of current financial records for each financial transaction. To ensure accuracy and prevent the hiring of full-time in-house staff for lesser operations, businesses in Bangladesh frequently opt for outsourced bookkeeping. Bangladesh Consultant provides a comprehensive array of bookkeeping and bookkeeping services in Bangladesh to assist your recently established organization. Our bookkeepers are capable of compiling your annual records data for the purpose of accommodating BIDA and RJSC. We possess a significant amount of expertise in the maintenance of an optimal bookkeeping framework that enables you to manage your records in a cost-effective manner.
For the purposes of evaluating the financial performance of a company and ensuring that it complies with the standards set out by both domestic and international regulatory agencies, it is required that contemporary businesses store their financial records using a double-entry accounting system. Therefore, we use the same technique of bookkeeping that is globally recognized and delivers the finest bookkeeping services in Bangladesh. The double-entry bookkeeping method is widely accepted across the world and is utilized by worldwide accounting standards such as International Accounting Standards (IAS), International Financial Reporting Standards (IFRS), and Generally Accepted Accounting Principles (GAAP).
The very first step in recording a financial transaction in a company’s account books is the provision of bookkeeping services. In a double-entry accounting system, the first step involves recording financial transactions in a journal on a daily basis and providing a description of each one. In addition to journals, the principal books associated with registers, banks, sales, and purchases are cash books, bank books, sales books, and purchase books.
Bookkeeping enables you to create a budget for your company. Makes you prepared for tax returns. Maintain organization inside your company, and a great deal extra. It is something that you should not avoid undertaking if you want to keep your financial situation under control and if you want to prevent the National Board of Revenue (NBR) from causing you even more troubles in the future. Here are a few reasons why maintaining accurate books is essential for the success of your company.
· Accurately Serving to Support Your Budget:
Bookkeeping is essential to the success of any company since it makes it much simpler to prepare a budget. Reviewing your financial resources and charges is made much simpler when they are well organized, as your income and expenditures are. Developing a budget for your company results in the development of a financial road plan. If you have a budget in place, you will be able to prepare for the future costs of your company, which will assist in its progress. It is much more difficult to create an accurate budget if you do not maintain correct records or fail to keep up with the latest records since it is all based mostly on assumption in that case.
At the conclusion of each fiscal year, companies are required to submit their tax returns, despite the fact that doing so may be very cumbersome. When you have a system in place for accounting, you will not have to worry about having your financial information prepared for tax season, and the tax collector won’t be inhaling down your neck either. Therefore, in the event that the NBR requests a financial statement from your company for tax purposes, maintaining regular accounting means you will be able to forecast the conclusion with more precision if you have thorough balance sheets that have been compiled over time.
The stress of frantically searching for an essential piece of business at the last minute might result in missed deadlines and the introduction of some minor faults. Bookkeeping on a consistent basis may assist businesses of any size in avoiding costly errors, which is essential given the constraints under which they operate. You will be able to keep your records in order if you keep up with your bookkeeping on a regular basis, do not procrastinate, and do not wait until the very last minute. Over time, it will make it lot simpler for you to locate the specific pieces of information you want in a very short amount of time.
· Improved Visibility of the Organization’s Goals:
Poor financial records might prevent your company from expanding at the rate you want, which is something that every company wants to avoid. It would be very difficult to establish any kind of expansion objectives for yourself when there is neither an exact number nor any data to analyze. Again, this is going to be the case since you’re making assumptions about things, and as a result, you’re going to be rather disheartened to discover that you didn’t meet the goals you established in the outset. You will have a better chance of reaching your company objectives and achieving success if you keep control of your accounting practices and keep thorough financial records on a regular basis.
It is common knowledge that the government is always developing new programs, the primary purpose of which is to make their jobs less difficult. Most recently, the NBR has introduced e-tax returns, with which the government is expecting companies to comply, has been the focus of this expectation. It is precisely what it says on the wrapper: companies will be required to begin filing their tax returns online. To tell you the truth, the method would be much more convenient if your company maintains the accounts by using our software and calculates the tax payable at the end of each fiscal year. It is not difficult at all to make use of the software and the process is very straightforward. In addition, this will prevent you from being subject to any fines, and it will also eliminate the need for you to squander money on your bookkeeping.
Unorganized books, the National Board of Revenue giving you troubles, and those impending tax deadlines may all add to a great deal of stress and despair for taxpayers. As the owner of a company, the last thing you need is additional stress brought on by accounting problems on top of the day-to-day responsibilities you already have. If you take the time to finish and organize your bookkeeping tasks, you won’t have to worry about them by keeping up the whole night. You have nothing to worry about in terms of NBR’s capability to review the financial information pertaining to your company, so you can go ahead and enjoy some time alone. You’ll be able to put your worries to rest and concentrate on other aspects of running your company.
It makes no difference whether you are completely unfamiliar with accounting or if you have years of experience in the field. Keeping your books digitally gives you a lot of opportunities to learn new things and fill in some of the gaps in your knowledge. It may be something interactive, like using an app; it could be free courses and resources online; it could simply be reading stuff online. Keeping accurate books may educate you a great deal more about the financial state of your company than you would first realize. Everything you take in will be useful in assisting you in being more knowledgeable when it comes to making judgments about your company.
Our Bookkeeping Services are designed to reduce the financial and accounting expenses of our clients by assisting them with tax preparation, accounting, and management. We provide our services not only offline but also online through our virtual bookkeeping and accountancy support services. Additionally, we provide cloud-based accountancy services to a diverse array of businesses, which can be accessed from any location on Earth. We are the foremost provider of finance and accounting outsourcing services in Bangladesh. Bangladesh Consultant offers business process outsourcing (BPO) services in the areas of accounting and finance, including bookkeeping, account transactions, invoicing, and tax preparation. We were responsible for the management of the account book, balance sheet, profit/loss calculation, tax and VAT requirements, and all forms of virtual financial accountancy services.
Bangladesh Consultant provides accountancy services at a rate of $40 per hour. Our Accounting Foundations Package, priced at $200 per month, encompasses a variety of services, including payroll, bank/credit card merges, and bookkeeping. Utilize the advantages of a team with extensive experience at a fraction of the cost of an accountant. Pricing commences at a mere $180 per month.
The practice of bookkeeping enables a company to maintain better control in the area of finance. A method of accounting with double entry, helps assure compliance and provides data that may be used to analyze a company’s status. It is the provision of data that is accurate, pertinent, and useful in a timely manner as necessary, with the goal of assisting managers of a company in making meaningful decisions and taking the appropriate actions for the organization. Using the financial records that are offered by an effective accounting system, a manager is capable of keeping track of cash flow and other investments that are relevant to the company. A company’s ability to govern its internal operations, such as the costs associated with materials, advertising, and labor, is facilitated by the availability of accurate financial information. It provides management the ability to compare the results of the company or product with those of other related businesses and products. It also assists the owner or management in evaluating, encouraging, and keeping track of other business aspects such as the requirements and advantages of human resources, manufacturing facilities, advertising media, and distribution networks. The procedure of maintaining books helps a firm to compete successfully with others in this competitive economic environment. In order to compete with other businesses in terms of the business value and market share of the product, a company has to have accurate and up-to-date financial records such as the availability of funds, manufacturing costs, and distribution costs. An accurate and contemporaneous method of accounting projects a trustworthy picture of the company to each stakeholder who interacts with it, whether directly or indirectly.
In the areas of accounting and financial service consultancy, Bangladesh Consultants is a company that has a strong reputation and years of expertise. We are capable of designing and putting together a contemporary bookkeeping system to satisfy the requirements of regional as well as global businesses in consideration of regional as well as international accounting standards in order to remain current and compliant in regard to regional as well as international regularities bodies. Moreover, we are also able to provide accounting services or may appoint bookkeeping professionals on the client’s behalf if this is necessary. Similarly, We offer guidelines for advanced techniques of bookkeeping or may provide training to the accounting personnel in these methods, which enables businesses to stay current and in compliance with relevant regulations.
1. What is the most efficient method for me to deliver my documents to you?
Dropbox is our preferable method of communication; however, we also utilize Odrive, Google Drive, OneDrive, email, and snail mail.
2. What is the cost?
The initial price increases in proportion to the complexity of the account, the level of
activity, and the frequency of services performed. For a quote that is
tailored to your specific needs, please contact us.
3. What is the turnover time and how is the budget determined?
The turnaround time for tasks is typically seven working days from the moment we receive the final piece of information from you.
4. Is it feasible for my data to remain confidential?
Security and confidentiality are our top priorities due to the nature of our work with confidential client information.
5. What manner of accounting do we perform?
We provide comprehensive bookkeeping services that are typically performed on a more frequent basis, such as once a week or daily.
6. What is the operation of remote bookkeeping services?
The bookkeeping services are conducted on our computer locally, and the file is returned to you upon completion.
7. What is the process for delivering my documents to you?
Dropbox is our primary tool, but we also utilize Google Drive, OneDrive, email, and Outlook
Mail to guarantee the quality of our accountancy services.
8. At what time is the assignment completed? Adhering to a schedule?
Indeed, it is possible to maintain a robust mind on a daily, weekly, twice-monthly, monthly,
quarterly, and annual basis.
9. When can I anticipate receiving my monthly financial reports?
We determine the closing date of the previous month.
10. What are the finance and accounting outsourcing (FAO) and bookkeeping outsourcing services?
In general, finance and accounting outsourcing services and bookkeeping outsourcing services involve the transfer of in-house finance, accounting bookkeeping functions to a third-party service provider.
11. What are the benefits of outsourcing accounting, bookkeeping, and tax preparation services?
By outsourcing accounting, bookkeeping, and tax preparation services, you can accomplish your
business objectives by leveraging specialized expertise, cost savings, improved efficiency and accuracy, scalability, and the ability to maintain your concentration on core business activities.
12. Which finance and accounting services are eligible for outsourcing?
A diverse array of finance and accounting services, including tax preparation, bookkeeping, financial statement preparation, accounts payable and receivable, tax compliance, payroll
processing, budgeting and forecasting, financial analysis, and regulatory compliance, can be outsourced, contingent upon your requirements.
13. To what extent are finance and accounting outsourcing services secure?
The confidential financial data that is handled by any reputable finance and accounting outsourcing service provider will be protected by the necessary measures.
14. Will I suffer a loss of control over my financial processes as a result of outsourcing finance and accountancy services?
Negative! Outsourcing services for accounting, bookkeeping, and tax preparation do not
imply that you relinquish control over your financial data.