Finance and Accounting Services

BOOKKEEPING & ACCOUNTING SERVICE

We offer following services or parts thereof:

  • Setting up Chart of Accounts
  • Billing for goods sold or services
  • Recording receipts from customers
  • Verifying and recording invoices from suppliers
  • Paying suppliers
  • Processing employees' pay and the related governmental reports
  • Recording depreciation and other adjusting entries
  • Entering Bank Details & Reconciliation
  • Allocating the account entries
  • Month-end or year-end closing

FIXED ASSETS ACCOUNTING

  • Tracking of asset deployment including asset relationships
  • Maintaining warranty information
  • Documentation associated with asset (pictures, warranty agreements)
  • Calculation of extensible depreciation schedules

Financial Statements and their Reporting

  • Preparation of financial reports periodically for your management
    • Balance Sheet
    • Income Statement
    • Cash Flow Statement
    • Bank reconciliation Report
    • General Ledger Report
    • Fixed Asset Account Management
  • Development of tailored financial reports for your bankers or others
  • Calculation of financial ratios and performance indicators to help analyze performance
  • Identification of deviations, if any, and application of controls based on analysis of transactions
  • Help improve cash flows and better management of finances through recommendation of appropriate actions