Book Keeping And Accounting Services
Book keeping is the process of recording, in chronological order, daily transactions of a business entity. It forms part of the accounting information system. On the other hand, accounting is an information system– includes process of recording, classifying, summarizing, reporting, analyzing and interpreting the financial condition and performance of a business – in order to communicate it to stakeholders for business decision making.
Our professional team including CA’s, accountants and administrative staff are capable of handling all your book keeping and accounting processes, from basic AR and AP entry, payment and processing, to the more difficult duties of a CFO.
We apply stringent data / information security measures for your bookkeeping needs so that you can focus on your core competencies while we manage your bookkeeping activities. We at Mandhar & Associates realize the importance of being updated with accounting and are here to provide you with internationally accepted accounting & bookkeeping outsourcing services which can be utilized for various internal decision making and reporting purposes. Mandhar & Associates provide bookkeeping services & accounting services – weekly, monthly, quarterly and annually as per the requirement.
Book keeping and accounting services include:
- Setting up ‘books of account’ in required bookkeeping software / formats
- Charting of accounts
- Categorization of income and expenses
- General Ledger maintenance
- Invoicing services
- Accounts Receivable services
- Accounts Payable services
- Preparing ageing reports and summaries
- Reconciliation services – Accounts, Bank, Creditors and Debtors
- Preparing Financial Statements adhering to Generally Accepted Accounting Principles (GAAP)
- Preparing and formatting Income Statement and Balance sheets on a regular basis
- Cash Flow management
- Payroll reconciliations
Our Software Expertise
In addition to above mentioned bookkeeping and accounting services being provided to business set ups, we also provide innovative accounting / bookkeeping customized reports to assist you further in performing an in-depth analysis of the performance of the various business units. Most commonly used accounting softwares are Tally ERP 9, Quickbooks, SAP, Oracle, etc. We have been providing accounting and bookkeeping services in India and to global clients and this has helped us gain a competitive advantage which can be leveraged and utilized by our clients in getting end to end financial and accounting support at substantially lower cost.