Services
We are Nigeria's finest bookkeepers
Here's how we can help you achieve the best results in your business accounting
VIRTUAL BOOKKEEPING SERVICES
We provide professional bookkeeping services to both small and large corporations. With our automated virtual bookkeeping service, you'll never have to miss another invoicing.
We ensure that all transactions are accurately captured by performing regular account reconciliations; our goal is to ensure that you always have reliable financial information of the highest quality.
Our outsourced bookkeeping service includes all four stages of accounting processes, beginning with recording financial transactions in the company's books, categorizing the transactions into meaningful and orderly types, summarizing the accounting data into useful reports, and finally interpreting the financial data to improve your decision making, planning, and control.
Blocktight Consult offers customized bookkeeping packages. We can set up your books in accounting software if you are in the process of starting a business and trying to set up books.
If you already own a business and your books are out of date, or your in-house bookkeeper is insufficiently qualified or unable to keep up with the work flow, we can provide the most efficient support at the most affordable rates. we will transfer your books to a better accounting software, clean up your files, and keep your books up to date. We have the right package for you whether you need daily, weekly, or monthly bookkeeping reports to track your business's performance or an annual catch-up for tax purposes.
We assist you in shifting your focus back to running your business by removing the day-to-day challenges associated with completing and managing your accounting tasks. Our team will manage your bookkeeping, accounting, and tax preparation processes, as well as provide you with expert financial services at a reasonable price.
FINANCIAL ACCOUNTING SERVICES
We understand that accurate financial statements are required by our clients in order to make better business decisions and improve financial performance.
Our professional financial accounting services include, but are not limited to, timely and periodic financial reviews of small and medium-sized businesses and corporate entities. The analysis presented at the end of the review makes it simple to understand the financial impact of decisions on the performance of the company.
We produce timely reports on which our clients rely for compliance, strategic decision making, and growth measurement. Our cloud accounting systems enable you to access and retrieve your data at any time and from any location!
As your company expands, you may need more detailed financial analysis by cost center. We will be able to provide this at no additional cost to you.
TAX PLANNING / REGULATORY SERVICES
As a business owner, you are responsible for a seemingly endless list of tax reporting responsibilities, including federal, state, and local corporation and personal income taxes, payroll tax (PAYE), value added tax, withholding tax, and tax audit, query, and response to government notices.
Our tax planning strategies are intended to assist you in achieving your financial and business objectives.
Our tax advisers work with you to reduce tax burdens by preparing and filing all of your taxes, providing a comprehensive approach to ensuring your business is structured in the most tax-efficient way possible.
We cover the following:
Individual & Companies Income Tax Advice
Tax Planning
Routine Tax Compliance
VAT & WHT Health Checks
Tax Audits & Tax Due Diligence
Tax Training
Tax Clearance Certificate (TCC)
STAFF PAYROLL SERVICES
Payroll management is always a difficult task for businesses. When a new employee is hired, there are forms to fill out and regulations to follow. Failure to do so may result in fines and penalties imposed by the relevant regulatory agencies. Payroll processing is often difficult and time-consuming for businesses. The owners want to focus on their core business but find themselves spending the majority of their time and money keeping track of various tax laws that apply to their employees.
Blocktight Consult is a leading provider of payroll management services. Our seasoned professionals with extensive experience in the financial and business arenas have successfully provided payroll management services to retail, private, and public sector clients. Allow us to handle your payroll while you concentrate on growing your business.
ACCOUNTING PROCESS AND PROCEDURE IMPROVEMENT
Accounting processes and procedures are designed to help business owners with the financial accounting of their operations. An accounting cycle typically consists of eight steps. The accounting cycle concludes by providing business owners with comprehensive financial performance reporting that can be used to analyze the business.
From identifying transactions to journaling them, posting, the unadjusted trial balance, the worksheet, adjusting journal entries, financial statements, and closing the books.
BUSINESS ADVISORY - VIRTUAL CFO
Our Business Advisory/Virtual CFO service provides a Finance Partner to businesses that have a finance and accounting team but no in-house CFO.
A growing business faces numerous challenges, and our Virtual CFO service assists you in effectively navigating those challenges by providing professional advice, analysis, and management support.
Our solution is focused on execution. We oversee the entire finance and accounting function, as well as providing day-to-day oversight, mentoring, and support to the client's team and management.
Our Virtual CFO Services Include:
Business Plan Assistance
Financial Modelling – Budget, Cashflow & Forecast Preparation
Costs Reduction Strategies And Implementation
Financial Processes and Controls Review & Development
Debt & Equity Fund Sourcing
Evaluation Of Strategy And Strategic Options
Accounting System Set-Up and Integration
FINANCIAL MODELS / BUDGETS
We assist you in developing and adhering to project budgets from inception to completion. We offer budgetary control and monitoring services to help you properly allocate funds and account for every expenditure.
We also assist in the preparation of a comprehensive budget and in reviewing and ensuring that no deviations from the plan occur.
In cases where business goals, objectives, or strategies must be adjusted, variance analysis will be prepared for immediate action.
COMPANY SECRETARIAT SERVICES
We can assist you if you are trying to understand the complexities of labor regulations, looking for ways to protect your company's interests, starting a business, or restructuring your legal structure.
Our highly qualified practitioners can provide project-based legal advice as well as ongoing general counsel in almost any legal domain.
We can help with:
Company secretarial services
Incorporation and business registration
Annual Returns and Post Incorporation fillings
Immigration assistance and employment advisory services
Regulatory compliance services
AUDIT, RISK AND COMPLIANCE SERVICES
Statutory audits include the examination of corporate entities' books and other records in accordance with the Companies and Allied Matters Act, 2020. (As amended). Our audits are guided by internationally accepted audit guidelines and powered by specially tailored proprietary audit software in order to arrive at our opinions in a timely and risk-free manner for International Financial Reporting Standards (IFRS) reporting environments and formats.
ACCOUNTING SOFTWARE
Manually managing your books is inefficient, and learning new accounting software on your own can be frustrating, particularly if you lack relevant experience.
We sell, install, set up, and train businesses on how to use accounting software to help them run their operations more efficiently and effectively.
We are Nigeria's leading QuickBooks, Sage, and Zoho Adviser, selling and deploying these accounting tools to the country's largest number of businesses.
We specialize in business process automation and can help you choose, set up, and integrate an accounting system that is specifically tailored to your company's needs.
Our experienced and dedicated team ensures that your accounting system is properly configured and that you receive the value and results your company requires to improve decision-making and operations.
When you use our cloud accounting solutions, you don't need servers, backups, data loss, or limits. You can log in from any location, at any time, and get real-time updates on the status of your business.
We are certified advisors for the following accounting software:
QuickBooks Online (QBO):
Offered by Intuit
Serves small businesses of various industries
Works well with the Intuit POS system for retail/supermart businesses requiring major inventory accounting
Offers advanced reporting
Currency may be set to the Nigerian Naira
SageOne:
Built and run by Sage Pastel, South Africa
Serves small businesses of diverse industries including retail/trading businesses
Major Features: Invoicing, Inventory management, multi-currencies and reporting
Currency may be set to the Nigerian Naira
Zoho Accounting:
Built and run by Zoho Corporation Chennai, India
Zoho Books offers brilliant invoicing and basic reporting
Chase payments easily with payment reminders
Save time by automating business workflows and focus on growing your business.
Monitor inventory levels to identify fast-moving items and keep them well stocked.
Currency may be set to the Nigerian Naira
