Back Office Operations

We provides a wide range of financial outsourcing services which include day to day accounting,reporting, analysis reconciliation,financialplanning as well as the preparation of financial statements. Our team isfamiliar with various accounting software & ERP packages.

Outsourcing accounting function means one less internal function that takes time and resources instead you can focus on core business arias for company’s progress. Further, Accounts Outsourcing provides you with a team of experts who fully understand the statutory requirements of your business and how changes in legislation may affect your business and all this on at reducing costs.

Further more studies showed that most people who get in trouble on front of Tax compliances, planning and Finance Problems keep very poor books and records. This is especially true of the small business owner who has limited resources and lacks experience with accounting and bookkeeping.

These services are structured to suit an individual client’s needs and requirements.

Accounting Services

As a business owner you have many things to take care of and it is not easy to manage your own bookkeeping. It is a tedious task to enter and verify all accounts to ensure that everything is in order. It requires time, effort, patience and a great level of attention to details. You can either do all these yourself or if it is too much on your plate then use our Accounting services. Our Accounting services is tailored specifically for small businesses like yours. Business entities in India are required to comply under various statutes, which are tedious and complex to the say the least. This key activity would require substantial time and effort combined with expert knowledge and skill to address them comprehensively. A sound, standard compliant and up to date accounting system is the base of any business – be it small, medium or big. Our services include:-
  • Small businesses can outsource their day to day accounting work to our firm and can save their energy, focus and time for expanding their business.
  • Accounting system implementation advisory to new businesses.
  • Advisory related to applicability of various accounting standards.
  • Advisory related to accounting treatment of complex financial instruments transactions (for instance derivatives), foreign exchange transactions, transactions with branches, subsidiaries, joint ventures etc.
  • Advisory related to internal controls to be set up for a robust and fraud free accounting system.
Why do companies outsource is because “Outsourcing” offers several advantages?
  • Cost effective resources,
  • Get Access to specialised services,
  • High quality talent pool,
  • Concentrate more on your core business,
  • Make faster deliveries to customers,
  • Increased efficiency,
  • Give your business a competitive edge
Our outsourcing process will be executed using one of the below mentioned methods: A) Online Accounting Process  Under this process, the accounting function is carried out in your server. Our team connects to your server / system using remote desktop connectivity and completes the accounting function on a day-to-day basis. B) Offline Accounting process Under this process, the source documents (that are required in accordance with your business / accounting requirements) will be scanned and send to us via mail, fax . Our team access these documents and day to day book keeping is carried out using the software as per your requirements and the accounting data file will be submitted for your review on a periodical basis. F&A Processes:
  • Accounting system Set-up
  • Account write up / book keeping services
  • Accounts payable
  • Revenue Accounting
  • Accounts Receivable
  • Payroll
  • Month-end Close
  • Cash Management
  • Management reports
  • Financial Reporting and Consolidation
  • Regulatory Management
  • Expense Management
  • Cost Accounting
  • Fixed Asset Accounting
  • Bank operation authority
  • Account Reconciliation and Analysis
  • Month-end Close
  • Policies and Procedures
We serve clients across key industry sectors such as technology, manufacturing and distribution, Telecommunication, energy, services and others. We help organizations improve the performance of their operations through our service, enabling them to achieve substantial efficiencies.

Payroll Services and employee Declaration

Employee compensation management is perhaps one of the most critical challenges faced by HQ – finance and HR teams. Our expertise in this area provides unmatched satisfaction in meeting these challenges. The requirement for payroll services comes in all types and sizes and it may vary in various degree of complexity although one can always agree that since this assignment is either a weekly or monthly task, the key word is URGENT since clients’ staff needs to be paid on time!
  1. Payroll Advice from client
  2. Pre Audit data received, before processing the payroll, and seek clarifications
  3. Add to the payroll advice, audit clarifications, if any, received from the client
  4. Update master wherever required
  5. Process Payroll
  6. Generate pay register in soft and hard form
  7. Generate employee wise Pay slips
  8. Generate Bank payment advice for salary transfer
  9. Facilitate Cheque / DD preparation, if any, for salary payment,
  10. Facilitate Bank transfer of salary into respective accounts of the employees
  11. Generate MIS report, as required by the client
  12. Generate employee wise TDS and PF / ESI report for the client
  13. Generate Accounting voucher for month’s payroll, if any
  14. Circulating tax declaration & estimates for all the employees – 2 or 3 times a year
  15. Tax estimate for new joinees during the year
  16. Monitoring of Tax deduction (TDS) from salary / one time
  17. payouts, employee wise and for the client as a whole
  18. Deposit of TDS, monthly and / or other wise
  19. Compiling and Filing of TDS ‘e’ returns, quarterly / as per statute
  20. Issue of TDS certificates to employees
  21. Facilitate Full & Final Settlements, including accounting and taxation for the same
  22. Facilitate Periodical Incentive Payments
  23. Interact with the Statutory Auditors for Audit of Payroll
  24. Maintenance and updation of employee master
  25. Process Payroll & issue pay slips
  26. Maintain pay register
  27. Generate MIS report
  28. Generate employee wise TDS, PF, ESI, and PT report

Knowledge Process Outsourcing

KPO is a form of outsourcing, in which knowledge-related and information-related work is carried out by workers in a different company or by a subsidiary of the same organization, which may be in the same country or in an offshore location to save cost. We are a firm of Professionals, providing knowledge outsourcing services in respect of following areas.
We help you in the following areas:

  1. Accounting & Book Keeping
  2. Analysis of Management Information System
  3. Assets Record keeping & verification
  4. Business & Market Research
  5. Business and Technical Analysis
  6. Continuous business improvement in business cycles
  7. Credit appraisal of customers
  8. Data Analytic
  9. Evaluation of business process and its streamlining
  10. Evaluation of supply chain
  11. Intellectual Property (IP) Research
  12. Internal auditing
  13. Legal compliances
  14. Legal Services
  15. Maintenance of Statutory register
  16. Network Management
  17. Payroll accounting
  18. Preparation & implementation of accounting system
  19. Preparation and filing various forms with legal authorities
  20. Preparation of Accounting Manuals & Organisation Manuals
  21. Research & Development
  22. Taxation Consultancy
  23. Training & Consultancy