empower business growth by outsourcing accounting services
TRANSCRIPT
Finance and Accounting Services
Empower Business Growth
By Outsourcing Accounting
Services
To introduce innovation and efficiency in accounting and financial business processes many small businesses, CPAs and CFO’s are opting for outsourced accounting services. These outsourced accounting services not just saves your money but also help you minimizes the gaps in your financial reporting and accounting systems. Now days it has been favoring many business to achieve their business goals.
Then don’t just waste time in thinking, let a top-notch accounts outsourcing company handle your accounting work so that you can save your in-house time and resources for other core activities.
• Developing &Attracting New Business
• Finding & Keeping Skilled Professionals
• Leadership & Internal Change Issues• Technology Issues• Dealing With Client Demands &
Expectations
Top Challenges Accounting Firms Facing These Days
How To Overcome Accounting Problems?
Solution….. Outsource Accounting Work
• Focus On Core Business. • Get Skilled Staff At Affordable Fees. • Cost Savings • Improve Speed And Services• Get Access To World-class Technology At
Lower Rates.• Empower Business Growth
Key Benefits of Outsourcing Accounting Services
What We Offer At Cogneesol
Finance and Accounting Services
Bookkeeping Accounts ReceivableAccounts Payable
Payroll Processing Management Accounting Tax Preparation
OUR FINANCE AND ACCOUNTING SERVICES
Bookkeeping
• Setting up chart of accounts (COA)• Maintenance of general ledger• Invoice processing services (data entry)• Inputting of banking details• Allocating the entries to their right account heads• Posting of bank account and credit card
statements• Bank and credit card reconciliation• Month-end or Year-end closing report
• Giving Accounting system's updates• Invoice Processing Services• Apprising system for accounts payable by processing supplier bill.• Wherever required we prepare credit or debit notes • Maintain records for accounts payable• Preparation of vendor account statements• Reconciliation of vendor account statements with your books• Analysis of unbilled supplies, open PO commitments etc.
Account Payable
Account Receivable • Create invoices based on documentary evidence such
as service/ product delivery confirmations and sale order copies
• Uploading electronic invoices onto systems• Updating invoices into accounts receivable • Updating accounts receivable for collection, besides
reconciling bank account credits• Listing advances or deposits received, besides receipts,
etc.• Giving alert related to short payments• Preparing and sending account statements
Payroll Processing
• .• Paycheck and payroll sheet creation• Tax preparation for deposition to state and federal
agencies• Calculation of state and federal taxes and check
creation• Annual, quarterly and monthly returns on a state-
wide basis• Preparation of state and federal returns
Management Accounting • Provide financial reports periodically • Create financial reports for your bankers
or others• Calculation of financial ratios and
performance indicators• Identification of deviations• Help to improve cash flows and give
suggestions for better management of finances
Tax Preparation
• Individual: Form 1040, Form 1040A and Form 1040EZ
• Partnership: Form No. 1065 and K-1• Corporation: Form 1120, Form 1120A and
Form 1120S (for statutory corporations)
WHY OUTSOURCE ACCOUNTING SERVICES TO COGNEESOL?
• Greater Flexibility And Speed• All Documentation Related To Customer Service In A Single
Repository• A Problem-solving Approach And Processes For Quality Assurance
To Improve Customer Loyalty• A Common Web Browser For Retrieval Of Data And Documents At
Any Point Of Time• Lower Costs• Virtual Extension Of Your Credit Department• A World Class Accounting Team That Help In Improving Profit
Margins.
Looking More than Just Saving Money Choose Cogneesol…
Let’s Talk
Reach us at : [email protected]
Canada: +1 905 487 8562 Australia: +61 424 066 224 UK: +44 203 371 7486 USA: +1 646 688 2821