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Setting Up Chart of Accounts
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Billing for goods sold or services
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Recording receipts from customers
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Verifying and recording invoices from suppliers
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Paying suppliers
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Processing employees' pay and the related governmental reports
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Recording depreciation and other adjusting entries
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Entering Bank Details
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Allocating the account entries
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Value-added bookkeeping
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Month-end or year-end closing
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Invoice imaging and storing
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Invoice approval
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Expense allocation
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Online payment approval
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Check processing
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Handling of vendor inquiries
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Order management
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Customer billing
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Customer aging
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Collections management
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Cash forecasting & reporting
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Bank statement reconciliation with your bank statement
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Credit card reconciliation with your statement records
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Matching of invoice with your ledger as well as journal entries
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Sequencing of checks
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Balance sheet reconciliation
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Managerial Accounting
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Budgeting & Forecasting,
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Finalization of Balance Sheet and P&L,
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Ratios & Financial analysis, MIS,
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Daily/Monthly/Quarterly data analysis and reporting etc.
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Payroll setup
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Payday calculations and direct deposits
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Payroll taxes calculation and form filling
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GST Registration and various monthly/quarterly/annual returns like GSTR1, GSTR3B etc
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Income Tax returns for individuals, firms, trust and companies.
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TDS monthly/quarterly returns
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Importer Exporter Code (IEC) and customs returns
QuickBooks
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SAGE
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XERO
WAVE
FreshBooks
