Business Support

Business Support

We Provide The Following Services:

1. BOOK KEEPING & MANAGEMENT :

Laying out Accounting Systems and Maintaining following Books of Account and Registers based on double entry system using either ‘Tally Accounting Software’ or your specialized accounting sof tware or ERP in compliance with the Indian Regulatory laws based on documentation system and formats as laid down by the Company.

2. ACCOUNTS PAYABLE MANAGEMENT :

Preparation / Handling of Vouchers, verif ication and approval of vouchers, arranging for payments and disbursements and carrying out Internal checks and balances f rom accuracy perspective.

3. ACCOUNTS RECEIVABLE MANAGEMENT :

Accounting of funds received in accounting package, updation of invoices in the accounting package based on the information provided by the company, recording receipts in the books of account, monthly reporting of collections and debtors accounts reconciliat ion.

4. BANKING OPERATION :

Review of Treasury Position, liaising with Bankers, reconciliation of balances, documentation for making Foreign Outward Remittances for Imports / Other Non-Trade Payments.

5. MANAGEMENT REPORTING SYSTEM :

Preparing all the Accounting Data requested by the Management, providing Periodic Reports to Management, assisting in Consolidation of Local Accounts with Head Of f ice Accounts and ensure consistency between Management reports and local accounting reports, assist ing in preparation of Budgets and Cash f low Statements.

6. INVENTORY ACCOUNTING SYSTEM :

Assisting in valuation of inventory of f inished goods on a periodic basis, follow up on returns of non-sold items, assisting the organization and participate regularly for physical inventories verification.

7. FIXED ASSET MANAGEMENT :

Preparing Fixed Assets Register as per Indian Company law requirements, assisting Management for annual Physical Verification.

8. PREPARATION OF FINAL ACCOUNTS & LIAISON WITH AUDITORS :

Preparing Annual Financial Accounts i.e. Balance Sheet, Prof it & Loss Account along with all schedules and notes to accounts as per the Indian Corporate laws, Liaising with Statutory and Tax Auditors in relation to obtaining their Audit Reports.

9. PROVIDING SERVICES OF AUTHORIZED SIGNATORY :

Providing services of Authorized Signatory to represent Company and execute documents on behalf of the Company in relation to Banking and other Tax / Regulatory Compliances.

 
     
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