Services Covered Under

• Monthly Accounting Entries

• Bank Reconciliation• Statutory dues

calculation and Payment

• Statutory Compliances• Monthly Closing• Monthly Management

Reports

Outsourced Accounting Services include :

Monthly Accounting Entries

• Monthly Accounting Entries are recorded in every accounting period.

• The term accounting entries also refer to monthly accounting entries where the accounts are identical but the amounts vary by month.

• Can compare with previous profit/Loss reports.

Bank ReconciliationServices

• Eliminates accounting errors.• Keeps your business deposits correct.• Keeps your bills paid.• Saves your money.

Statutory Dues Calculation and

Payment• To audit books or other

activities as required by law.

• To check the accuracy of the financial statements and to express a true and fair view on the financial statements.

• Statutory audit means audit of statutory areas i.e. Income tax, service tax, VAT, ESI, Provident fund etc.

• Balance Sheet

Statutory Compliances

• Statutory Compliance means to comply with statutes.

• Licensing and Registration• Maintenance and upkeep of requisite

registers.• Calculation of liability and payment thereof.• Preparation and submission of periodical

Statutory Reports• Attendance of periodical statutory

inspections held by the govt. official whenever required.

Monthly Closing

• Monthly Closing is the process of transactions, journal entries and financial statements at the end of each month.

Why Required?• Bank Reconciliations• Accounts Receivables• Accounts Payables• Inventory• Whole Financial Picture

MonthlyManagement Reports

• A Business tool that helps you manage your business expenses

• A reliable way to assess progress & review the strength of your network

Benefits: Increased Communication Increased Productivity More Accurate Planning and Forecasting Timely Evaluation and Control

Tips For Choosing an Outsourcing Service Provider

Don’t go for cheap costs but, quality services at affordable costs should be your preference

SERVICEAlways checks company’s working process, agreement and payment models

Verifying Market Reputation and Credentials: Asks for relevant documents and testimonials of previous and existing clients.

Security and Reliability of the provider: Always sign security agreement while outsourcing business work/task

Cogneesol Pvt. Ltd. provides a wide range of Accounting Outsourcing Services to meet your company’s accounting, financial management and tax needs.

Are You in Search of Accounting Outsourcing Company?

info@cogneesol.com

Canada: +1 (905) 487-8562 Australia: +61 (424) 066-224 UK: +44 (203) 371-7486 USA: +1 (646) 688-2821