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Home Accounting Processes Maintenance of Books

 

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

 


 

Maintenance of Books

Easy to start
Low upfront investment

Benefits:

  • Better quality service
  • Better control
  • Lower cost

Pricing choices available:

  • Man hours based
  • Output based

Contact us to get

  • an evaluation and
  • a Quote

How it Works

Clients

Credentials

Our people


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USA :
  +1 (609) 257 4240
UK :
+44 (20) 8099 8020
India :
+91 (44) 4231 6368

enquiry@taurusquest.com



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