Basic accounting services

Business – Basic Accounting Bookkeeping Services

We provide trained professional accountant and bookkeeper’s team to work as your own accounting department. Team is trained to perform and offers end to end accounting & bookkeeping services. These services which can be customized to meet the specific needs of your business. Our bookkeeping and accounting services include weekly, Bi-weekly, monthly or yearly accounting and reporting services. Basic write-up accounting services Include:

Revenue Process Management: Account Receivable Processing

  • Sales Order Processing
  • Customer Invoicing and Statements
  • Customer Activities Reconciliation
  • Aging Reports

Disbursement Process Management: Account Payable Processing

  • Purchase Bill Processing – Processing purchase transactions
  • Expense Bill Processing – Processing payment transactions
  • Cash Disbursement Process
  • Vendor Bills and Statement Reconciliation
  • Vendor Aging Reports

Payroll Management Processing

  • Employee Activity
  • Payroll Report
  • Payroll Entries
  • Employee Advances

Cash Management Reporting: Cash Requirement Reports

  • Cash Activity – Processing cash receipt and payment transactions
  • Accounts Receivables – Open Invoices Controlling
  • Accounts Payable – Unpaid Bills Tracking
  • Aging Report & Summaries
  • Bank & Cash Reconciliation

General Ledger Maintenance: Reconcile all general accounts on a monthly basis

  • Chart of Account Maintenance
  • General Ledger –Review Reports
  • Trial Balance Generation and Periodic Closing of Books of Accounts (Monthly / Quarterly / Yearly)
  • Preparation of Financial Statement – (Monthly / Quarterly / Yearly)
  • Preparing Income Statement (Profit & Loss)
  • Balance Sheet
  • Cash Flow Statement
  • Bank / Credit Card / PayPal Account Reconciliation
  • All Balance Sheet Accounts Reconciliations

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