Actuit India provides a wide range of customer service, supply chain, analytics and finance and accounting support services to the contractor industries. We manage our clients’ end-to-end accounting processes to maximize efficiencies and derive a competitive advantage. We provide accounting and bookkeeping services to child Care service firms, online accounting services, online bookkeeping services, inventory management and reconciliations, receivable management, account payable management as virtual accountants and bookkeepers as you own accounting department. Hire a virtual accountant and bring efficiency and productivity to your business with lowest cost and save time for your client and marketing efforts.
Bookkeeping Process
1. Bill Processing: Processing all types bills , viz., expense bills, purchases, inventory, general supplies etc.
2. Invoice Processing : Proper recording of sales invoice to ensure correct receivables at all times.
3. Bank Transactions : Bank payment and receipt transactions recording to proper accounts.
4. Cash Management : Processing of Cash transactions and monitoring cash
Internal Control Based Quality Process
1. Commercial Validation: Perform purchase/sales order, contract and credit terms validation; support contract administration.
2. Bank Reconciliations : Timely performing of Bank reconciliations
3. Inventory Management: Inventory Management towards purchases, sales and inventory reconciliation.
4. Accounts Payable: Reconciliation of supplier bills, fund requirement forecast payments based on Orders/ Bills processed
5. Accounts Receivables : Reconciliation of customer accounts and aging report to speed up collections.
Financial Reporting
Balance Sheet
Profit and Loss Accounts
Cash Flow Statements
Fund Flow Statements
Bank Reconciliation Report
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