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Accounting Process
Sale order to collection
- Order Creation
- Invoicing
- Receipts
- Banking and cash application
- Customer master maintenance
- Reconciliation and dispute resolution
- Dunning as per pre-defined process and limits
Fixed Assets
- Capex Ordering
- Fixed asset Numbering / Bar code
- Capitalization
- Project Accounting - tracking of capital work in progress
- Accounting for sale / disposal of assets
- Maintenance of fixed assets register
- Depreciation - as per books and as per tax laws
- Accounting for Leases
Accounts Payable
- Purchase Order
- MRA / GRN Preparation
- Invoice processing
- Payment processing
- Creditors Reconciliation
- Vendor master maintenance
General Ledger
- Journal entries for expense provisions, prepaid expenses etc. Supplier invoice processing
- Ledger reconciliations
- Period-end closure of books
- Liaison with Auditors.
Consolidation and inter-company transactions
- Group consolidation
- Elimination of inter-company transactions and balances
- Consolidated financial statements
Payroll Processing
- Employee Master
- Salary Processing
- Generation of Salary slips
- Statutory calculations like TDS, PF,ESI,PT etc.
- Filing of Statutory returns like TDS return, PF return.
- Resolving employee income tax queries.
- Issue of form 16.
- Filing of Employee Income tax Returns
Company Law and Secretarial Practice
- Drafting of Resolutions, Notices, Minutes of meetings.
- Maintenance and updating of statutory records such as register of members, register of transfer, register of directors etc.
- Filling and filing of forms and documents with MCA.
- Annual filing including XBRL filings.
Statutory
- Computation of Statutory dues for the company.
- Preparation , validation and filing of Statutory returns for the period.
- Preparation and filing of income tax returns
- Tracking of notices and other issues from the statutory department.
- Statutory means for ex: VAT, Service Tax, Income Tax, Customs, etc,.
Financial Reports & MIS
- Balance Sheet, Income Statements, Cash flow statements
- Compilation of schedules as per auditor's requirements
- Internal MIS reports
- Ratio analysis
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