At The Backspace, we analyze each transaction and process information with care rather than doing only data-entry.
Accounting is a Universal Language for recording the income and expenditure of each company. However, we take this mundane part of business and make it more interactive with our robust reporting systems to the clients. At The Backspace, we analyze each transaction and process information with care rather than doing only data-entry.
Accounting services includes
Day-to-Day recording of financial transactions in an organized and systematic manner including transactions such as purchases, sales, receipts, payments made
Our personnel will be responsible for maintaining banking transactions including issuance off and deposit of cheques in the relevant Bank Accounts maintained by you. Periodic reconciliations of Bank Accounts with the Maintained Accounts to check for variances. In addition, they will be responsible for online payments or transfers if any should you choose to.
Our personnel will be responsible for ensuring that the Petty Cash Book is well funded and systematically maintained with reconciliations and spot checks being undertaken for verification of such expenditure
Systems and processes will be set-up to ensure that you, as a business owner would get timely updates on the situation with respect to Accounts Payable. An analysis of this over time will help us better streamline cash-flow for your organization.
Weekly updating of the Accounts Receivable list to the owners will ensure that collections come in on a smooth basis and ease the pressures of Cash Flow to the company. An analysis of this over time will help us better streamline cash-flow for your organization.
End of the month payroll processing can be handled for your organization in an efficient manner by utilizing our set systems and can make this process seamless.
We will act as a complete back-office for your organization having all your documents maintained on our secure servers as and when you have need for them. We typically store this at our end and liaise with whomsoever you would require to share these for, for the purpose of completing documentation
We look into Inventory Management in a different approach for each client depending on their nature of business and implement a solution for them as per discussions with each client.
Our other services
Everything you require to Start-up your business from an idea to reality
End to end solutions to accurately file mandatory returns on time to avoid any penalties.
Assistance on any transactions from a compliance perspective to ensure that the deal goes through on time
Consultation on all facets of your business to help you continue to innovate and stride ahead.
Routine financial health-checkups to ensure that your company is functioning smoothly and in compliance with the complex laws.