-What We Do

Ledger Solutions Antigua is dedicated to offering ethical and high-quality services to our clients. Our main focus is to save you money, help you make informed decisions, and help your business grow. Our services are tailored to meet your core accounting and business needs. We use spreadsheets, accounting software, and other innovative tools to help digitalize your business to stay competitive in these modern times.

Book-keeping

  •    Data entry and journal entry review of sub-ledgers.

  •     Update post-dated accounting records to ensure it is useful for decision making.

  •     Weekly, Monthly reporting to assess revenue and expenses.

Financial Planning

  •   Forecasting and Monitoring Cashflow.

  •   Budgeting and financial planning to control and monitor financial resources.

  •   Financial and investment advisory, catered to help individuals and businesses grow.

  •   Financial allocation planning to help businesses utilize financial resources efficiently.

Financial Reporting

  •   Input financial transactions into accounting software

  •   Produce financial statements for financial reporting to external bodies

  •   Include financial statement notes and disclosure for appropriate financial reporting.

Payroll Management

  • Record hours worked by employees to ensure accurate payments are made.

  • Update employee records to keep track of sick days, overtime & promotions, etc.

  • Payroll calculations of wages and salaries for employees.

  • Timely distribution of payments and payroll slips to each employee.

  • Timely statutory deductions remittance on a monthly basis to the authorities.

Internal Control

  • Establish control systems procedures for the business to mitigate risk.

  • Design control systems for the business and accounting systems.

  • Implementation of established and designed control systems.

  • Test the design, implementation, and effectiveness of control systems.

Inventory Management

  • Perform physical inventory stock count ensuring inventory is valued appropriately.

  • Follow inventory receiving and disbursement schedules and perform reconciliation.

  • Identify variances between the system and physical count and suggest adjustments/corrections.

Tax Planning

  • Forecasting annual tax payments

  • Calculate and submit monthly Sales Tax calculations

  • Calculate annual corporate income tax and unincorporated business tax

  • Submit annual filing to the tax authorities

Accounts Reconciliation

o   Reconciliation of Accounts Payables

  •  Reconcile the accounts payable sub-ledger to the general ledger.

  • Identify variances between balances and suggest adjustments/corrections.

o   Reconcile Accounts Receivables 

  •  Reconcile the accounts receivables sub-ledger to the general ledger.

  •   Identify variances between balances and suggest adjustments/corrections.

  •   Suggest provision for uncollected debts on long outstanding balances.

o   Reconcile Bank Account

  •   Update the cash book to the bank statement to establish updated cash movements.

  •   Account for long outstanding items ensuring these items are adjusted appropriately.