Back office Accounting
Accounting or bookkeeping is the recording of financial transactions, and is part of the process of accounting in business. Transactions include purchases, sales, receipts, and payments etc., Without proper accounting, it is difficult to ascertain the accurate profit or loss and financial position.
Taking into consideration the unpredictable business conditions and economic system, it has become a new normal for every business to outsource their non-core financial services to establish a competitive edge. Today, entrepreneurs and CFOs across the globe seek out accounting outsourcing firms that can assist them in reducing the company’s operating costs. Increasing stress on profitability and growing competition mandates business houses to look for reliable outsourcing services.
Contact us now to get a detailed quotation based on your business need
Outsourcing Accounting
- Cost Benefits: foremost reason why business choose to outsource their non-core activities is to reduce the cost and improve the profitability. Outsourcing your back-office accounting enables you to reduce cost and gives flexible control.
- Skilled Workforce: Truzly provides skilled work forces viz., Chartered accountants and Company Secretaries with plenty of experience in taxation, finance, accounting and legal compliance. All companies may not be able to afford such skills in employment. Outsourcing enables all companies to have professional skills.
- Access Technology & Infrastructure: small and medium size firms find it difficult to acquire technology and build infrastructure for non-core activities. Truzly’s well established technology, software, and infrastructure helps every business to enjoy the equal service irrespective of size or business type without incurring establishment cost.
4. Better Productivity: compared to inhouse team of accountants, outsourcing gives better productivity with indispensable efficiency. Employees may take long leave or even switch organization often. This reduces the efficiency level. Outsourcing ensures continues support at all time and improves efficiency.
5. One Stop Solution: Truzly provide end to end service from corporate legal, IPR, accounting, HR and IT services at attractive cost and quality service which no one can meet. We understand your business just like you and offer solution during the challenging time.
Our Acounting services
Truzly’s accounting and other business support services are sketched to support the business house by setting up controlled expenditure, growth and cutting down cash cycle which increases the ROI. Size doesn’t make a difference to us and every client is equally important for us. We seek to serve you in the most efficient manner. Win this challenging time with right strategies,as tough decisions should come in hard time.
Book keeping
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Billing for goods sold or services
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Recording receipts from customers
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Entering Bank Details
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Month-end or year-end closing
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Reconciliation
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Periodical internal audit
Accounts Payable
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Invoice imaging and storing
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Invoice approval
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Expense allocation
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Online payment approval
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Check processing
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Handling of vendor inquiries
Financial Reporting
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Balance sheet
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Income statement
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Cash flow statement
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Bank reconciliation report
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Detail general ledger report
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Fixed asset account management
Accounts Receivable Services
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Order management
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Customer billing
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Customer ageing
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Collections management
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Cash forecasting & reporting
Payroll Processing
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Payroll setup
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Payday calculations and direct deposits
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Payroll taxes calculation and form filling