Timely
Tool Based
As a business owner, you could easily get frustrated by the mundane, yet important tasks of regular bookkeeping and accounting, and specially if it starts taking your time away from your customers. You may also have made a strategic decision to not incur fixed costs or make investments in systems, setting up hardware and software till you are a certain scale or size of business.
Either way, you are at the right place as we can take care of your books while you focus on running your business and generating profits.
Our services are a combination of using right set of tools and technologies on one hand and diligent setup of processes and review mechanisms on the other. With our experience and attention to detail we ensure both timely and accurate compilation of your accounts, every time without fail.
Accounting / Bookkeeping is a daily activity, to be performed consistently and without deviation from standard practices and norms. Hence this is also an activity that is best performed leveraging technology - so that it can be repeatable with least human effort and also be bound by a set of rules to stay compliant.
For businesses that do not want to setup a system of their own, we offer our cloud based accounting system setup, to which we can setup your company / organization and it can work like your own accounting software accessible only to you and our team working for you.
For those that have already invested in buying licenses of or subscribing to a accounting software of service, we can work on your instance by gaining the right accountant / agent access to the system.
In either case, whether using your system or setting you up on ours, we can advise you on what the right setup looks like, with appropriate account heads, workflows and access rules that will ensure timely completion of books and adherence to compliance requirements.
The standard bookkeeping services include entering transactions and reconciling all your accounts. This could be done based on access to your bank transactions on an agreed frequency.
For clients that require, we can also take care of raising invoices or paying against approved purchase orders.
General Ledger is the heart of accounts and we make sure that it is kept up to date by carrying out regular provisioning and reversals as well as accounting for any depreciations, impairments, taxes etc as they accrue at an established frequency.
What flows out of these books is then the monthly, quarterly and annual statements, that we review together with you and prepare our summary of notes to enable proper interpretation of what the numbers tell us.