Accounting

  Home   |   Accounting
blog-1

Accounting

In today's scenario of globalization and complex legal reporting, the process of keeping accounts has been redefined. Accuracy, efficiency, cost effectiveness and timely reporting are the prime necessities of accounting to make real time decisions & legal compliances. Outsourcing accounting work to a chartered accountant firm like us not only saves cost but also provides specialized, accurate, efficient and timely reporting. Most SMEs are outsourcing their accounting process for better management of their finance and time.

There services are totally customized to client's nature of business & legal reporting requirements.

These services generally include:
  • Accounting Systems Setup.
  • Book Keeping.
  • Payment Processing and Bank Reconciliation Services.
  • Formulating accounting systems and procedures.
  • Monthly Management reporting.
  • Preparation of Financial & Accounting Manuals.
  • Preparation of Periodic Financial Statements and Analysis of Profit & Loss Account.
  • Preparation of federal and state tax returns.

Setting up of a Computerized Accounting System and MIS

The partners of Berylbiz Solutions have assisted in setting up complete MIS system for the top management in Umbrella and IT industry to have better control. They have successfully implemented Computerised Accounting System to meet the tough requirement of Accounting Standards along with the MIS to ensure proper internal control and procedures. Management Consultancy and Due Diligence study.

  • Due Diligence services were provided to various companies before the take over/ buying more shares and thus controls. Subsequently management consultancy is provided to the acquired companies for the efficient and smooth running of those companies.
  • Business / Share Valuation of the Company based on Discounted Cash Flows and other methods.
  • Projections, Cash Flows etc for new Projects.
  • Financial Due Diligence for takeovers / mergers / new projects.
  • Arrangement of Loans / Working Capital limits through banks / Financial Institutions.
  • System Review and defining Standard Operating Procedures (SOP) for each level of functions in the organization.
  • IT strategy plans. Provide assistance in evaluating and selecting a suitable ERP / accounting package. We assist in development / Setting up of the ERP system / Accounting package, from the initial stage till the implementation.