Services
Accounting Service
- Setup COA (chart of accounts), cost center, profit center, Inventory center and category
- Cash and bank entries / Journal entries
- Vendor invoices
- Payroll entries
- Sales and Purchase Order/Invoices entries
- General ledger maintenance
- Monthly accruals of recurring expenses and utilities
- Prepaid amortizations
- Maintaining month-end closing schedules
- Transaction level audit checks and verification processes for data entry work at various levels
Reconciliations
- Bank account reconciliations
- Petty cash reconciliations
- Credit card reconciliations
- Line of credit account reconciliations
- Mortgage account reconciliations
- Merchant account reconciliations
- Inter-company reconciliations
- Payroll reconciliations
- Inventory reconciliations
- Other various account reconciliations
Fixed Asset Schedule
- Update fixed asset register with new asset additions, dispositions and write-offs
- Calculation of depreciation based on different depreciation rates and methods
- Reconcile fixed assets and other associated sub-ledgers to the general ledgers
