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Financial Accounting Services
We provide our clients with Financial Accounting
Services with the assistance of our professional associates. They provide an
insight to analyze global issues before recommending a solution to our
clients. We understand the core business and process of clients and then
work with them as their strategic business partners, rather than as external
consultants. Our Financial Accounting Services are accepted without the need
of additional external consultants or advice.
Our Process :

Understanding
client requirements with free consultation conference call

Detailed
and in-depth analysis of business issues and recommending a solution with
transparent service costs

Assist
the clients in the decision making process by giving law extracts and
research documents, which help them in making an informed decision

Formal
agreement signed up with the client with guaranteed service level and TAT's
(Turn around times) of the solution are offered

Process
/ event set up within the guidelines of the agreed solution with detailed
status reports on a regular basis to clients

Maintaining
highest degree of professionalism and ethics

Strong
and continuous commitment to research and training in all areas of practice
and give clients reports relevant to their country of practice or interest

Build
long-lasting relationship with our clients through personalized, consistent
and quality services

Ensuring
strict confidentiality of all client information and data
Exchange Control Advisory Services
For the growth of Indian companies in the global market, we offer Exchange
Control Advisory Services. These services help while taking over foreign
companies, forming Joint Ventures JV's and opening foreign branch offices.
With the ease of Foreign Exchange control and the burgeoning Indian economy,
Exchange Control Advisory Services are widely acclaimed in the competitive
market. We offer the following services:
Advising in designing a structure for inbound and outbound
investments
Advising on setting up joint ventures/subsidiaries with non-resident
participation and obtaining approvals from the Foreign Exchange Promotion
Board/Reserve Bank of India
Advising on External Commercial Borrowings (ECBs) and obtaining the
necessary approvals
Advising on transfer of shares from residents to non-residents and
vice versa
Advising on setting up of liaison offices & branches in India
and across our global network
Accounting
& Audit and Business Process Outsourcing Services
Our organization has gained expertise in offering Accounting &
Audit and Business Process Outsourcing Services. To provide these cost
effective services, we are equipped with necessary resources. We cater these
services to business sectors from broadband technology companies to property
management funds.
Our Accounting & Audit and Business Process Outsourcing Services
include the following :
Accounting and preparation of financial statements
Accounts Receivables/Payable Function
Payroll processing and related TDS formalities
Compilation and maintenance of Fixed Asset records
Transaction processing for FIIs, SPV's and liaison offices in India
of foreign enterprises
Maintenance and reconciliation of investment records
Accounting
System Design
The accounting system is made up of all the different books of
accounts and other records we maintain to help the process of accounting. An
account system needs to be redesigned for recording transactions relating to
business, new business etc.
The steps in the process of accounting comprise:
Recording the Journal based on the proof of a transaction
Posting the Journal into the Ledger
Balancing the Ledger Accounts and preparation of the Trail Balance
Accounts
Payable / Accounts Receivable
Asset Account A/R (Accounts Receivable) and A/P (Accounts Payable)
are record of sales for which payment is not made immediately, or for bills
that will not be paid until later. These accounts are generally used when
there are lot of bills and receipts flowing in and out and there are chances
of losing records.
Asset
Accounting Management
Asset Account Management is a system that provides fixed asset
accounting and asset tracking solutions for commercial, government,
education, health care organizations etc. We deal with every aspect of fixed
asset management with comprehensive modules that incorporate depreciation,
federal and state tax, asset budgeting and forecasting, lessee asset
accounting, capital project control, document management, inventory control,
asset tracking, help desk support and maintenance management.
Bank
Statement Reconciliation
A bank reconciliation statement is prepared by organizations to
reconcile the balance of cash at bank in a company's own records with the
bank statement on a particular date. This bank statement is the most common
tool that is used by organizations for reconciling the balance as per books
of company with the bank statement and is made at the end of every month.
The main objective of reconciliation is to ascertain if the discrepancy is
due to error rather than timing.
Advantages
Faster processing
Requirement of less manpower
Easy identification of errors