Accounts Process Outsourcing 

§  Complete Accounts Process Outsourcing

§  Modular Accounts Process Outsourcing

 Complete Accounts Process Outsourcing-General

·         Business accounting services.

·         Statements reconciliation for clients/vendors/banks.

·         Suggestions and advice on GAAP and IFRS.

·         Helping in presentation of statutory forms of the Financial statements.

·         Doing tax filing and required documentation.

·         Accounting consolidation of branches and subsidiaries.

·         Managing firms cash flows.

·         Internal Control Review and design of SOP’s and policies.

·         Ensuring 100% compliance with applicable laws and regulations.

·         Investor Relations and meeting investor’s information requirements.

·         Doing periodic reviews.

·         Doing monthly reporting with specific and customized monthly and quarterly MIS

·         Keeping records of all invoices, memos, cheques etc

·         Salary, incentives, and bonus processing

·         Tax effective accounting

·         Helping with all technical finance inputs and doing financial accounting

Modular Accounts Process Outsourcing

IIEx focussed service in modular outsourcing includes following inputs:

Accounts Payable and P2P Services 

·        Purchase orders process and management including amendments

·        Invoice imaging and tally with PO values

·        Allocating expense

·        Payment procedures

·        Processing of monthly GST

·        Ledger processing on monthly basis

·        Sources management

·         Management of vendors including queries

·         Contracts and negotiation management

·         Invoice receipt and matching

Accounts Receivable Services

·        Managing orders -conversion from orders to invoice

·        Monitoring of payment received from respective invoices

·        Customer ageing and reporting

·        Processing credit memos

·        Reconciliation of AR reports

·        Bad debts /delinquency management

Financial Reporting Services

 Balance sheet

·         Statement of Income

·         Cash flow statement

·         Report on bank reconciliation

·         Customized, accurate and dedicated account reconciliation with ledger maintenance

·         Credit card reconciliation

·         Report generation

·         Balance sheet account reconciliation

·         Accounts receivable and payable reconciliation

·         Detail general ledger report

• Ledger Accounting
• Processing of Payroll
• Period-end Closure of Books
• Processing of Stock Movement and Adjustment Journals
• Disposal and Depreciation Journal Maintenance
• Ledger Reconciliations
• Processing of Lease, Purchase, Loan and Dividend Journals
• Mergers and Acquisitions
• Adjustments pertaining to Prepayments and Accruals
• Complete Details of all Adjustments pertaining to Ledger Journal Entries.
• Fixed Assets Accounting

 

IIEx Payroll Processing Services

Payroll processing as modular outsourced serviced involves following

·         Finding out exact calculation on pay checks and tax obligations.

·         Custom payroll management services

·         Workers compensation, incentives, and benefits according to company management and law.