Account Outsourcing
Why Account Outsourcing?
Reduce administrative and accounting expenses
- Streamlined procedures using automated reports and online tools
- Leverage accounting expertise of best-in-class accountants
- Achieve regulatory compliance with laws such as Sarbanes-Oxley Act.
- Access state-of-the-art Account Reconciliation software
- Increase financial controls with accurate and timely information
- Improve fraud protection
While providing accounting outsourcing service to our clients we take utmost care of customer security. There is a stringent security measure in place to safeguard customer identity and personal information. All employees are enlisted only after undergoing strict background checks.
Our working Methodology
- UK counterpart will get each and every basic materials needed for preparation of
books from its clients
- After the receipt of all the basic material i.e., bank statements, deposit vouchers, payment vouchers, invoices, payrolls, etc, the same will be scanned and send to India
- Uploading of source data as PDF files on server along with back up file for accounting software in which the accounting entries are to be passed
- Indian counterpart will take the printouts of the said materials and restore the backup provided and will process the same as per clients requirements
- A brief study of Client Work papers of previous year is done so as to deal with the Job in hand
- The books are built up on different basis I.e., daily, weekly, monthly, quarterly, half yearly and annually depending on the nature of work as well as requirement of the client
- After the processing as well as the review India office will send the work back to UK office
- After the receipt of work from India office, UK office will review the work and if due to the specific requirement of the client any changes are required to be made, UK office will inform the Indian office and accordingly the work will be done, improvised, altered, etc.
