General Accounting - Quickbooks

• Maintain Chart of Accounts
• Posting Nominal Ledgers
• Post data into Day Books
• Trial Balance Reports Generation
• Establish Closing Schedule
• Perform Monthly, Quarterly and Year-end closings
• Maintaining Account receivables and Payables

 

Accounts Receivables - Quickbooks

• Record and Account for Revenue
• Prepare client's Bills and Statements
• Credit and Collections
• Input Receivable Transactions
• Journal Entries Verification
• Send out client-approved End-customer Bills and Statements
• Maintain Standard Pricing Information
• Maintain End-customer Receivables
• Client-approved Adjustments Processing
• Apply cash received to customer accounts and resolve "Short Pays"

Accounts Payables - Quickbooks

• Invoice Processing
• Client-approved Vendor Invoices Processing
• Client's input based Negotiated Price Items verification
• Client's input based Price and Quantity Discrepancies resolution
• Client-approved Vouchers posting
• Other client-approved Charges Processing
• Maintain files to support Invoice Processing
• Centralized customer invoice control
• Prompt customer invoice generation
• Customer account reconciliation
• Automated customer statement generation
• Banking of customer receipts
• Improved cash flow with quicker customer settlement

Fixed Asset Accounting - Quickbooks

• Classify, capitalize and record fixed assets items and capital expenditure. Depreciation Calculations

Management Reports and Financial Analyses

• Preparation of Projected Revenue, Expenses and Cash Flow
• Preparation of Financial Budgets, guidelines and assumptions
• Variance and Ratio analysis' reports comparing actual results to budget
• Provide monthly, quarterly and annual Income Statement, Balance Sheet, Cash
• Flow Statement compared to budget and/or previous period
• Provide monthly analysis of business' performance by unit
• Provide any other financial report required by the Client's for Banks and Financial Institutions

Reconciliation - Quickbooks

• Provide reconciliation of Inter-company and Intra-company Transactions
• Reconcile Fixed Assets and associated Ledger Entries
• Reconcile Accounts Receivables
• Reconcile Accounts Payables
• Reconcile Bank Accounts
• Reconcile Credit card

Reconciliation and Analysis - Quickbooks

Transaction Processing - Quickbooks

Accounts Payables - Quickbooks

• Centralized supplier invoice control
• Purchase order and invoice matching
• Approved account payment listings
• Automated account payments to suppliers using BACS
• Supplier statement reconciliation
• Released management time to focus on core activities

Payroll -Quickbooks

• Calculating Payroll and Tax obligations
• Correcting Payroll Processing errors
• Client accessible portal that provides comprehensive payroll processing reports
• Email payment notifications for employees
• Email reminders that tell you when it's time to payroll process
• Real-time preview that ensures the results are accurate before you approve
• Guaranteed accurate federal, state, local and voluntary withholding calculations

• Inventory, production and distribution
• Treasury
• Capital expenditure and assets
• General ledger
• Budgetary control