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Outsourced Bookkeeping and General Ledger : |
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Set up company in accounting software |
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Set up Chart of Accounts |
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Processing day to day transactions |
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Reconciliation of bank and credit cards |
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Periodical reporting – Generating P&L report, Balance sheet, Cash flow and other management reports |
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Month end/Year end close and Financial Analysis : |
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Month reconciliation of ledger balances |
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Adjustment entries for accruals, prepaid expenses/incomes and Depreciation |
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Quarterly and Year end closing entries, |
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Review of financials, |
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Financial analysis – analysis of expenses, trends in revenue growth, matching revenues and expenses |
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Accounts Payable and Inventory: |
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Creating Purchase Orders |
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Receipt of Purchase Orders/Inventory receipt |
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Creating vendor invoices |
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Processing vendor payment |
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Processing vendor refunds/credit memos |
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AP Aging summary |
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Vendor balance reconciliation |
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Downloading inventory activity |
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Inventory reconciliation |
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Accounting for inventory damages or faulty products |
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When I started using your
services, I never thought this
arrangement will be so fruitful.
Thanks to your dedication……..
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| Albert Law, Business Owner |
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We are using a secured server
for document management
The data is transferred using
128-bit encryption and it is
stored in trusted data centers
It uses 256 bit AES encryption
We sign Non-disclosure agreem
ent and Confidentiality
agreement
Your data is periodically backed
up |
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| We support all major accounting software. Some of the softwares we work around are: |
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Phone: (866) 480-7214 |
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