Book-keeping, Financial Reporting and Accounting Software Implementation Services

Professional team of accountants exercises below listed activities for a business:

• Prepare and record sales & purchase invoices, inventory issuance, fixed assets detail, payroll cost, receivables & payables with their ageing, advances & prepayments, other expenses & income, cheques and all details of other assets, liabilities and partner’s/shareholder’s equity in accurate code of chart of accounts in accounting software.
• Prepare workings/reconciliations for Tax Returns filing to Federal Tax Authority.
• Combine or consolidate accounts of Group companies under common ownership to report Group’s management about combined financial status of a Group.
• Prepare statements showing business position of assets/liabilities, profit/loss, cash flows and partners/shareholders current accounts at a specific time.
• Prepare company’s budgets based on the past records and future forecasting & projections. Formulate a financial report as per the requirement of company’s management, that includes but is not limited to pricing, costing, financial analysis, budgeting, financing etc.
• Prepare bank reconciliation to reconcile company’s bank book with bank statements. Prepare payroll files in a format prescribe by the WPS Agents to process monthly salaries.

Professional accounting supervisor generate reports for a company’s management to manage and analyse:

• Receivables and Vendors
• Supply Chain management
• Inventory Management
• Treasury
• Staff record
• Tax compliances