Velan Bookkeeping and Accounting Services - Payroll Processing
BUSINESS SERVICES · 2020-02-20 · outsourcing of over 20 years at US & UK markets. Now helping...
Transcript of BUSINESS SERVICES · 2020-02-20 · outsourcing of over 20 years at US & UK markets. Now helping...
www.ascendum.com.au
ACN : 631 901 749
+61 2 8417 3140+61 437 196 933
Suite 55, Level 2, 65-71 Belmore RoadRandwick NSW 2031
https://www.facebook.com/AscendumBusinessServices/
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https://www.linkedin.com/in/ankit-mehta-cpa/
Ascendum Business Services Pty Ltd, an Australian Company located at Sydney o�ers broad range of services to Accountants, Bookkeepers, Tax Practitioners and Financial Services Providers.
RISE TOGETHER
BUSINESS SERVICES
www.ascendum.com.au
OVERVIEW
www.ascendum.com.au
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www.ascendum.com.au
Since we are a local company, we abide by Australian Laws & Regulations. Hence it brings Accountability and Convenience to our clients. We are an ASIC registered company having an office at Sydney.
We give utmost importance to data security and the client’s privacy. We are equipped with the latest technologies & tools to comply with industry leading standards.
We have highly qualified & trained staff for each of the services we offer. They are profes-sionally qualified and having an experience of over 5 years in a specific work area. Our employee turnover ratio is very low as they often get professional growth and better pay. Hence they can produce a quality outcome.
We have an unmatched history in outsourcing of over 20 years at US & UK markets. Now helping Australian businesses... Let Our Experience Do The Work.
We are flexible and scalable to meet the needs of our clients. Our service delivery models are customised according to the client’s needs. We offer full time, part-time, adhoc, fully tailored business models. Clients can switch anytime to any business model they reckon more convenient.
We deliver high performance outcomes whilst reducing operating costs for our clients. We are committed to providing industry-best standards and processes that have been developed through rich experience.
Why Ascendum Business Services
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Strictest Data Security MeasuresTo Client's Privacy
The main uncertainty while choosing accounting back o�ce partner is data security. Companies feel comfortable in sharing data only when they trust. At ABS, we ensure full-proof measures to obtain a client’s trust. We have over 20 years of experience working with US & UK clients with almost 100% client retention ratio. Being an Australian company, we abide by Australian Privacy Laws & Regulations. We always sign non-disclosure & con�dentiality agreement beforehand along with following ongoing security measures at our production centre:-
Restricted internet usage to work-related sites only.
Mandatory Biometric Verification Access to Premises
Manned Security Check Before Entering Production Area
Motion based IP CCTV Surveillance
Prohibition of Mobile Phones,Bags and Personal Articles at the Workplace
Secured Server Room withLimited Access 24/7 IT Support
Restricted Internet Usage to Work-Related Sites Only
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State of the Art Infrastructure55,000 Square Feet o�ce area
900+ seater capacity
Facilities of multiple Training rooms, meeting rooms, & onsite cafeteria for refreshment
Network of structured cabling & Gigabit Ethernet backbone
Complete surveillance systems, electrical power supply with complete generator set back up and advanced technology UPS along with automatic change over systems
Communication systems include VOIP systems for an uninterrupted conversation with overseas clients along with audio and video conferencing devices
Symantec EndPoint Security for Continual virus and spyware protection
Network �rewall solutions and services for Continual intrusion detection and prevention
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Bookkeeping for business can be very time consuming yet not lucrative. We, at ABS provides cost e�ective bookkeeping service so that business owners can focus on growing their busi-ness instead of routine, monotonous activities. Our Bookkeeping services mainly include the following activities though it can be customised according to the client’s needs.
*Please note that we do not provide any lodgement services*Payroll processing service is for data entry only
Bookkeeping & Payroll Processing Services
ACCOUNTS PAYABLE
Track Payments and ExpendituresPrepare Analyses Set-up Payments Issue Remittance Advice
ACCOUNTS RECEIVABLE
Generate Invoices Generate Account StatementsAccount Reconciliations
Daily/ Periodic BookkeepingCloud AccountingCash Flow ManagementBank / CC ReconciliationsGL MaintenanceYear-End Accountant’s ReportLiaise With External AccountantsPreparation of BusinessActivity Statements (BAS)Preparation of InstalmentActivity Statements (IAS)
BOOKKEEPING SERVICE PAYROLL PROCESSINGSERVICE
Employee Set-up Maintain and Update Records Generating Payslips forEmployeesSet-up Payments
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New Fund Set-upProcess and Reconcile of Bank Generate Annual Financials, Reports & Tax ReturnsProvide Detailed Referenced ReportsPreparation of Trustee Declarations,Minutes and other Necessary DocumentsAssistance in obtaining ActuarialCerti�cate
SMSF COMPLIANCE SERVICE
Ethical LettersDetailed AuditingLetters & Reports
SMSF AUDIT ASSISTANCE SERVICE
Self-Managed Superannuation Funds ServiceSMSF processing is becoming headaches for Accountants & Financial Service Providers due to its compliances & complexities. It takes a lot of attention to detail and follows strict dead-lines to meet. Our specialised experienced team is capable of processing big volumes and have acquainted knowledge of delivering in almost all popular software in Australia.
Preparing �nancial statements from client’s booksEOY Journal adjustmentsGeneral ledger scrutinyBudgeting & ForecastingCash�ow ManagementBalance Sheet Reconciliation Analytical review and variance analysisPreparation of cross-referenced working paper �le (physical/scanned)Preparation of excel schedules and workings to support �nancial statementsManagement accounts monthly/quarterly
At ABS, we have an established reputation in assisting Accounting �rms in producing quality Year End Accounts and for other Accounts preparation work. We have experience of producing quality accounts for all business spec-trums from sole proprietorship, Limited Company, Partnership etc.Our services include:-
Accounts Finalisation Services
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Tax Return Preparation Service
*Please note that we do not provide any lodgement or advisory service
Our tax preparation services provide Accounting �rms and Tax service provid-ers of almost any size with a great deal of comfort, new way of handling their tax compliance workload and meeting their tax �ling deadlines, it is no doubt a boon for many �rms in Australia. Our comprehensive training procedure ensures that our people are updated with the latest technology, software and work�ow processes to enhance on-the-job e�ciency for tax processing. We subscribe to online �nancial journals and buy various publications of CCH.
Preparation of Individual Tax ReturnsPreparation of Partnership, Trust & Company Tax ReturnsPreparation of BAS, IAS & Capital Gain Tax Maintenance of Depreciation Schedules & Asset RegistersPreparation of work papers
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Remote Employee Services
With remote sta�ng service at Ascendum Business Services, you get a�ordable and scalable virtual employment solutions for your business without any hassle ofoverhead expenses.Main bene�ts include:-
Increased ProductivitySaves MoneyLess Employee TurnoverFixed cost
Professionally SkilledSpeci�c Area ExpertResource Flexibility & ScalabilityWell Trained quali�ed accountantsExcellent Communication skillResult Oriented with minimalsupervision
At Ascendum Business Services, we provide Full time/Part-time Employees according to business needs.The prime characteristics our Employees possess:-
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RISETOGETHER
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OUR CORE TEAM
Arjun is a Chartered Accountant from India with Master of Commerce and Law Degree. He has experience of a decade in management and administration along with a keen eye of identifying the business intricacies. He has gained additional knowledge in Information System Audit (ISA) which helps him ensuring the hi-tech data security process.
Arjun Brahmbhatt | Director, Operations
Senior Human Resources Professional with demonstrated credentials and achievements in the Information Technology industry. Skilled in setting up and managing high performance teams; driving strategic HR initiatives; ensuring governance & compliance; and supporting multi location, diverse business groups with talent planning, training & employee care.
Parvathy Therembil | Vice President, Human Resources
Rajni has a rich experience in accounting for last 15 years with expertise in niche �nancial areas like accounting, taxation, and maintaining other statutory compliances. He is an active participant in business strategy planning and its implementation for achieving the set goals.
Rajni Patel | Manager, Operations
With over 14 years of experience, Partho has managed various operations in BPO and KPO Sectors across India. He has performed strategic planning and management for di�erent sectors while maintaining the service delivery level. He holds expertise in Resource Management and Process Optimization, Transitioning, and Migration along with a proper implementation of the �ow.
Partho Chatterjee | General Manager, Operations
Ankit is an Australian CPA and Indian Chartered Accountant with 15+ years of experience in Accounting, Taxation, Management Reporting, and Finance in both Australia and India. With excellent communication and problem-solving skills, Ankit was associated with some of the transnational clients and niche arenas therein.
Ankit Mehta | Director, Marketing & Business Development
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Progress is never a dream until you have the determination to achieve it. And with progress comes milestone. Once your milestone is crossed, there is always another one waiting. With this belief, I always push my team and other staff to continue providing the best of services.
More than being a global player, I always wanted the company to more prosperous to being a unit making difference while maintaining efficient, reliable, and economic services and pricing. Taking a path less trodden, currently, we are having detailed technical know-how, expertise, and specialized knowledge along with maintaining an intellectually stimulating environment for further learning.
With the challenges coming and my team overcoming them, I along with my team have been successful to bring Ascendum Group to another milestone along with global recognition.
Further, I am confident that with the support of my team and existing clients, the company will be able to scale new heights in the years to come with total customer service satisfaction.
Gratitude for showing your interest in Ascendum Business Services!
Regards,
Partho Chatterjee
Message from Partho ChatterjeeGeneral Manager, Operations
(Ascendum Business Services Pty Ltd)