Accounting outsourcing is a certain means for CAs and accounting firms to earn revenue during the tax season. Everybody wants to pay taxes on time and be tax free as soon as possible. Accounting firms and CAs find it very difficult to handle the hectic customer demand during the tax season. Integrated Financial Resources is a global outsourcing firm for CAs and accounting firms.
Accounting outsourcing besides helping firms meet customer demands also helps them in earning revenue from their accounting business. This is possible because EG Act does the accounting outsourcing work at a much lower rate than what is charged by CAs working for doing the same work. The amount which an accounting firm saves by not hiring the expensive services of the accountants automatically spells as profit for the accounting firm.
In the internet age security is of vital importance to everybody. EG ACT recognizes the importance of customer’s personal and financial security and hence has provisions for strict security. All employees working at EG ACT for accounting outsourcing are enlisted only after they have undergone strict background checks.
Working with EG Act Private Limited for accounting outsourcing involves a simple process. Clients will have to provide our team of accountants with source documents of their customers. The source documents can be sent either by scanning and uploading or through fax. Once the documents are received our professionals will start working on it immediately.
Clients can keep track of the work done by our professionals at EG Act. After the completion of the work, the team leader thoroughly checks to see whether there are any mistakes or not. Clients are then informed via email about the completion of their work.
Bookkeeping
Are you facing a tough time regarding bookkeeping of your clients during the peak tax season or do you not want to do your clients booking anymore? EG Act has the answer for your problem. We at EG Act provide the best accounting and bookkeeping outsourcing services to our clients. You can use the facilities of our accounting and bookkeeping specialists without any extra fixed cost.
To use our services all you have to do is scan and upload or fax the source documents to us Or out team member will visit your office weekly basis and does the bookkeeping at your office. Our team of bookkeepers will supply you with complete financial statements and finished files. EG Act’s web enabled system gives you the option of keeping track of the status of the work done by our bookkeepers.
EG Act provides different types of bookkeeping outsource services, which includes:-
- Quarterly, monthly, yearly Day-to-day Accounting
- Entry of transactions (Purchase/Expense, Sales)
- Journal Entries
- Bank entries and reconciliation
- Monthly Trail Balance
- Three monthly financial reporting
- Final account preparation
- Preparation of yearend financial statements
- VAT Returns filing and maintenance
Auditing Services
- Internal Audit Services
- Management Audit Services
- Operations and Efficiency Audit Services
- Due Diligence Review
- Costing and Accounting System Design and Review:
- Compilation of final accounts as per accounting standards
- Internal Audits
- Internal system analysis and design