Maintenance of Books
We can manage as much or as little of your accounting and bookkeeping needs as you wish:
Maintain
Books of Accounts Accounts Receivables Accounts Payable Cash book Bank book Inventory
Process
Sales invoices (and collections) Supplier bills (and payments) Payroll & Claims
Prepare
Financial statements Analysis of business performance Analysis for decision support Reconciliations
Key benefits of our outsourced accounting services especially for small and midsized enterprises:
- Quick realization of benefits from outsourced accounting solutions:
- Better fitment for purpose
- Higher quality
- Lower cost
- Low upfront investment. Our offshore accounting services require minimal upfront investment.
- Scalability. Our financial accounting solutions can expand the size of service as your enterprise grows.
- Flexibility. Our bookkeepers can work with any accounting system, accounting software or accounting GAAP so you can reap the benefits of using our services without changing your systems.
- Expertise. Our accountants are skilled in IFRS, US GAAP and UK GAAP.
- Dedication. Our accountants work in small teams dedicated to individual clients which means they become familiar with you and your business and you receive a personal service
- Time saving. Our accounting services in India work while you sleep. The time zone difference means that if you are a North American or European client you will often have work completed overnight.
- Best of both worlds. Our accounting outsourcing service combines the "discipline" of large accounting operations with the “flexibility” of small teams
Our range of business accounting services for midsize enterprises can take care of any or all your accounting requirements
Our range of book keeping services for businesses compare well with that offered by the best accounting firms worldwide:
|
Invoices & Receivables
- Customer contracts
- Sales orders
- Invoicing
- Receipting
- Itemization
- Customer statements & reconciliation
- Customer query support
- Accounts Receivable report
- Age analysis
- Collection forecast
- Provisions
- Reconciliation with Inventory/GL
|
Supplier Bills & Payables
- Vendors database
- Purchase Orders
- Supplier bills
- Three way matching
- Error handling
- Payments
- Itemization
- Vendor statements & reconciliation
- Vendor query support
- Accounts Payable report
- Payment forecast
- Reconciliation with GL
|
|
Payroll
- Employees database
- Time accounting
- Performance measurement
- Pay/incentive computation
- Benefits administrations
- Payroll, Pay slips & accounting
- Disbursements & holds
- Tax certificates
- Departure settlements
- Stock compensation
- Compliance with law
|
Employee Claims
- Entitlements Policy
- Self-service system
- Claims validation, authentication & approval
- Error handling
- Disbursements
- Employee statements
- Employee query support
- Accounting
|
|
Inventory
- Stock items database
- Supplier performance
- Stock arrivals/departures
- Valuation on arrival, issue, production credit and delivery
- Stock verification
- Taxes (claim of input credits and levy on output)
- Bill of materials,
- Standard costs
- Reconciliation with GL
|
Assets
- Capital expenditure budget
- Progress (Quantity & Spend)
- Capitalization/inventory
- Depreciation
- Current cost accounting
- Location transfers
- Physical verification
- Claim of taxes paid
- Claim of tax concessions
|
|
Cash
- Receipts (direct credits, checks, card payments)
- Funneling funds to central accounts
- Payments
- Direct debits
- Bank reconciliation
- Cash flow statements
- Cash flow forecast
- Tracking Unpaid invoices
|
General Ledger
- Process inputs (Journals, direct updates from sub ledgers etc)
- Review/reconcile balances
- Review GAAP compliance
- End of period routines
- Revenue/costs recognition
- Translations
- Trial Balance
- Financial statements
|
|