Accounting Outsourcing

  • Management Information System
    • Preparation of complete MIS with reports like - Fund Position, Sales Analysis, AR/ AP Analysis, Cash Flow Statement, Key Profitability ratios, Expenses variation analysis etc.
  • Day to Day accounting
    • Reviewing & accounting of expenses & month end accruals. Month end analysis of all expenses to ensure that all expenses are correctly booked & major deviation from budget explained.
  • A/R Accounting & Reporting
    • Preparation of Invoices & Sales accounting & preparation of Invoice wise, Customer wise AR ageing analysis for proper follow up of payments & management review.
  • A/P Accounting & Reporting
    • Purchase accounting & preparation of Invoice wise, Vendor wise AP analysis for payment processing & management review. This also includes raising of purchase order, preparation of GRIAR etc.
    • Inventory Valuation
    • Month end valuation of inventory & updating of stock records.
  • Payroll Processing
    • Preparation & Processing of salary of employees & statutory compliances of TDS, PF, ESI thereon.
  • Management Budgets
    • Making of yearly budget based upon past trend & future expectations. Also analyses of deviations of actual with the budgeted numbers.
  • Projections & Forecasts
    • Preparing the monthly projections (revenue & expenditure) based on expected performance . At the mid of the month, forecasting the best estimates/performance for the month & analyze the reasons for variance from actual.
  • Statutory Compliances
    • Ensuring statutory compliances of TDS, TCS, PF, STPI, Customs, Excise, Service Tax, GST etc.
  • Accounting Manual
    • Developing accounting manual so that standardized accounting is being done as per specific requirements of the organization.
 
 
 
     
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