Accounting and Bookkeeping
We offer comprehensive online accounting and bookkeeping services by integrating leading-edge technologies to provide high-quality deliverables. Our services include the below solutions but are not limited to
Accounts Payable Management
- We effectively manage your accounts payable process and reduce accounts payable fraud by organizing and managing bills.
- We keep track of all aspects like invoice imaging, storing, approval, expense allocation, and online payment approval.
- We analyze the AP Agitating report to set the best payment cycle to avoid delayed payment charges.
- Our resources are well trained in best Accounts Payable management software like Bill.Com.
Accounts Receivable Management
- We analyze your invoicing and customer interactions to create a concrete plan for receiving regular payments. This is achieved with the help of our order management, customer billing, and customer aging services.
- Our resources are well trained in the best Accounts Payable management software like Bill.Com.
- By managing the appropriate Accounts Receivable cycle, we reduce the risk of Bad Debts.
Bank & Credit Card Reconciliations
- We record all transactions from your bank & Credit Card accounts and offer their reconciliation with the statements.
- We review both cleared and un-cleared transactions to ensure the correctness of posting.
- We synchronize the accounts with the Accounting Software to perform this process faster.
Credit Card Management
- To leverage the benefits of credit cards and avoid financial downfall, we offer credit card reconciliations.
- We record your transactions and keep a track of where your money is being spent.
Fixed Assets Management
- We manage the Fixed Assets register in the Accounting Software.
- We identify the Capital nature transactions, calculate depreciation, maintain depreciation & amortization schedules and recognize Profit/Loss at the time of sale of Fixed Assets.
Loan Account Reconciliation
- We manage Loan Account in the books to ensure the correct balance at the end of the year.
- We review the loan agreement, prepare repayment schedule, segregate loan transactions into principal & interest and perform monthly reconciliation with the statement.
Sales Tax/VAT/GST/HST/PST Reconciliation
- We reconcile the books with the taxes shown in the sales tax/VAT/GST/HST/PST return.
- Found the variance and request payment/claim refunds.