Accounting Solutions
What is Accounting and Book keeping?
Bookkeeping and accounting are two functions which are extremely important for every business organization. In the simplest of terms, book keeping is responsible for the recording of financial transactions whereas accounting is responsible for interpreting, classifying, analyzing, reporting, and summarizing the financial data.
Most of the small and medium enterprises fail to manage the health of their businesses due to poor resources in managing bookkeeping activities. Bookkeeping is not simply recording what comes in and what goes out, it is a systematic approach to maintain accuracy in recording your transactions, analyze the data and interpret the same which makes sure the health of business remains fit in the long run.
Finaedge offer some of the most essential bookkeeping & accounting services that will help in managing your business.
- Financial Statement Preparation
- General Accounting & Book Keeping
- Budget accounting
- Payroll
- Bank reconciliations.
- Accounts payable and receivable
- Variable and fixed expense reports
- Cash flow forecasting
How It Works ?
- 1.Incorporation basis Documents and information
- 2.Provide guarantee for confidentiality of all information
- 3.Entries in the Books of Accounts
- 4.Maintaining the book of accounts on a daily basis
- 5.We get in touch with you for any variances or issues
- 6.Deliver up to date data
Why choose Finaedge Business Solutions for outsourcing book-keeping and accounting services?
- We offers highly professional and qualified human resources to our clients in order to support them performing Financial and accounting activities in a systematic and efficient manner.
- We deploy latest systems and technology tools for managing our clients’ accounting and bookkeeping engagements and data accuracy is ensured throughout every step of the process.
- We replace dated, manual, and untimely bill collection and submission functions with proven, automated systems that align with the unique needs of our clients which help in reducing workload on client.
- We maintain the highest standards of business ethics, Provide guarantee for confidentiality of all information and documents obtain from you and data and books of accounts maintain by us.
ADVANTAGE OF OUTSOUCE OF BOOK KEEPING AND ACCOUNITNG
- 1.Save Time and Money
- 2.Pay for What You Need
- 3.Timely access to operational information
- 4.Timely compliance of various statutory liability.
- 5.Increased productivity financially
- 6.Reduced cost of your accounts department