Welcome to our Accounting Outsourcing Services page, where we offer a comprehensive suite of solutions to streamline your financial operations. From payroll management to inventory tracking, we provide tailored services to meet your business needs.
PAYROLL PREPARATION & COST ANALYSIS
Payroll calculation for each employee includes the computation of Gross Pay, Net Pay, employment tax, Social Security Deductions, and other statutory deductions as per the law of the country. Here the detailed payroll analysis is to be availed for the cost analysis of the company
SUBMISSION OF STATEMENT TO AUTHORITIES
Trust Business Haven Consultancy for timely online submissions of employee compliance statements to authorities, ensuring regulatory adherence.
SALARY & PAY SLIP
Business Haven Consultancy provides efficient salary processing solutions, facilitating net salary transfers to bank accounts and preparing detailed pay slips with legally required deductions, promptly delivered to employees.
More than 25 Years
of Experience
work with ambitious leaders who want their future to be successful and help them achieve extraordinary outcomes.
0
0
0
0
Inventory Management Outsourcing Service includes
- Order picking support
- Automatic reorder
- Inventory forecasting tools
- Barcoding support Point of Sales
- Support Inventory Coding System
- Multiple Warehouse management
- Multiple Inventory
- Categories Multiple Pricing Strategy
- Different Inventory Valuation options
- Primary as well as Alternative Unit of Measurement
- Default Accounting Allocation
- Inventory Tracking System
- Inventory Cost AllocationBatch Number and Expiry Date Tracking
- Inventory alerts
- Accounting tools or tie-ins
- Reporting tools
- And other imperatives
Year-end finalization of accounts
- Opening balances confirmation with the last audited financial statement.
- General Ledger scrutiny
- Prepayments and accruals computation.
- Depreciation and amortization computation.
- Major account receivables and accounts payable reconciliation
- Deferred Tax Computation.
- Tax Expenses and Tax Liability account reconciliation and required paperwork.
- Basic ratio analysis based on industry-standard ratios.
- Preparation of assisting schedules and workings sheets for financial statements.
- Preparation of financial statements such as Trial Balance, Income Statement, Balance Sheet, and Cash Flow Statement.
- Advice on improving bookkeeping by the organization.
Financial Statement Preparation Services
- Getting into the business environment and characteristics of the client.
- Receiving the closing trial balance and the necessary schedules.
- Calculation of deferred taxes and the provision for taxes.
- Preparation of a cash flow statement.
- Consolidation of financial statements (if necessary).
- Preparation of schedules for the financial statements.
- Preparation of the financial statements, including the note on significant accounting policies by the requirements of the business.
- Submission of the financial statements for the review.
- Updating the financial statements according to the requirements.
Management Reporting
- Preparing periodical management reports.
- Preparing customized reports for bankers or other stakeholders.
- Calculation of various ratios and performance measures to analyze the performance.
- Deviation’s identification and suggestions for control requirements.
- Recommendation for better cash flows and finance management.
- Professionally controlling finance.
- Accurate and timely financial reports to gain stakeholder’s confidence
- Recommendations based on the actual performance.
Cost Accounting Services
- Variance Analysis (Standard Costing).
- Break-Even Analysis.
- Contribution Analysis (Marginal Costing).
- Overhead Analysis.
CFO Services
- Capital Budgeting & Equipment replacement planning.
- Financial Budgeting & Forecasting.
- Cash Flow and Working Capital Management.
- Accounting Health Check Services.
- Accounting Policy and Procedures Preparation.