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Accounting Outsourced Services


In this knowledge era, perhaps one of the most notable phenomena the world is witnessing is Process Outsourcing. The management is relieved from the painstaking day to day activities to be undertaken pertaining the employees towards monitoring, coordinating and supervising their works and also to deal with different statutory compliance issues. Moreover, the Management need not to undertake the tedious hiring process in case of immediate replacement of Candidates.

outsourcing service

How We Can Help

UCONSULT believes in working for its customers/Clients as partner and understanding their business model, work approach and goals before the commencement of the assignment to perfectly meet their needs. Our emphasis is in taking proactive action at every stage, so that you get superior results within the specific timelines.

Our Accounting Services on outsourced basis include taking care of the day to day bookkeeping & accountancy and preparation of monthly/quarterly/half yearly accounts as per the requirement of the management. Our professionally experienced team ensures compliance of all Accounting Standards


We cater to the accounting needs of our esteemed clients by offering a comprehensive range of services, which is enumerated as below:

General Accounting and Bookkeeping Services
  • Bookkeeping / Maintenance of day to day accounts
  • Ensuring that booking of entries are performed in an accurate, efficient and timely manner through proper scrutiny of Bills, vouchers and other related documents and records
  • Setting up accounting process which also includes internal Financial Control
  • Accounting system design and implementation
  • Bank Reconciliation & Other ledger Reconciliation
  • Fixed Asset Register-Depreciation and amortization schedules
  • Inventory Management
  • Accounting Records management & maintenance through regular back-up of financial data.
  • Periodical General ledgers Scrutiny
  • Freezing Trial Balance & preparing Final Accounts
  • Interfacing with internal/statutory auditors and assistance in audit process
  • Complete planning & management towards ensuring completion of internal & statutory audits and filing of statutory returns within the set time line.
Bookeping services

Synopsis :

We understand that the management needs to focus and spend more time, energy, and resources to build the company's core businesses. Hence, we assume full responsibility of managing the day-to-day back-office operations and provide a sound accounting framework to support a corporate organization in its control, reporting & statutory compliance requirements.

OTHER ALLIED SERVICES



Payroll Services
Payroll Services

We offer tailor-made payroll accounting services to business organization of all sizes and ensure that you never miss a compliance deadline once you outsource payroll processing / payroll administration services to UCONSULT.

Our payroll specialized team will provide following services:

  • Preparation of employee’s monthly salaries based on attendance and other related inputs (Data to be provided by the organization)
  • Various deductions as per applicable Laws like Income Tax, Provident Fund, Professional Tax etc.
  • The calculation of actual gross salary, statutory as well as non-statutory deductions and arriving at the net pay of each employee.
  • Disbursement of Net Payable Salary to employees on a specific date (Given by Management)
  • Defining pay-slip components like Basic, HRA, LTA and Taxable & non-taxable Allowances etc.
  • Depositing statutory dues Like TDS, PF and distribution of Pay-slip to employees.
  • Tax Planning of Individual employees under Tax bracket
  • Generation of Form16 for the employees.
  • Periodic reconciliation of payment/statutory deductions etc. with books of accounts.
Receivable / Payable Management
  • Overseeing advance controls for advance payments & following up with purchaser.
  • Assistance with making payments to creditors while leaving ultimate control with the management.
  • Ensuring that all payments are made to suppliers within the stipulated time frame and managing accounts payable within the pre-set parameters.
  • Following up of bills receivables after invoicing to debtors, conducting ageing analysis with an aim to keep receivables under control.
  • To advise sales and legal departments for initiating action for collection of debt & ensuring adequate provisions are made for bad debts in the books.
Payroll Services
Working capitel
Working Capital Managment
  • Handling Treasury function including cash management -maintenance of petty cash, Reviewing cash position and daily bank balances
  • Ensuring enough balance in banks for routine requirements as per the operating plans
  • Liaising with banks/ financial institutions for raising funds to meet working capital requirements.
  • Preparation of periodical Cash flow statement to monitor the inflow & outflow of
  • Taking adequate measures for optimum utilisation and ensuring availability of working capital for routine requirements and liquidity forecast
MIS & Budgeting
  • Through complex data architecture, generate different monthly, weekly and daily reports to provide management with the valuable information like Revenue & expenditure trend, fund management, credit control, receivable management, working capital management, profitability analysis etc. needed to make immediate decisions.
  • Prepare long range financial forecasts by working collaboratively with other management team members towards making strategic financial planning
  • Lead the effort in the planning and preparation of the annual budget for the organization.
  • Conducting periodical cost center wise variance analysis to determine differences between projected & actual result and initiate corrective measures
  • Regularly monitor and work closely with management in taking timely action to ensure that budgets and financial plans stay within approved levels & ensuring that controls are adequate.
Working capitel

Why Uconsult

  • No need to hire extra manpower
  • Accurate documentation
  • Efficient and timely delivery ensures seamless integration with the client's workflow
  • Detailed Reporting designed as per the need of the client
  • Experienced Accounting Team supervised by Qualified professionals with years of domain experience
  • Get tailor-made solutions & Quality Services Delivered according to your business needs
  • Computerized accounting ensures minimum paper work
  • Ensure complete security and confidentiality of your financial data.
  • Flexible and innovative approach to handle each business project efficiently
  • Get high-quality services delivered at cost-effective rates

Synopsis:

If you are genuinely looking for an outsourcing partner that can help your business reach for excellence in your finance and accounting operations, your search ends with UCONSULT

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