Accounting & Book Keeping
We provide complete outsourcing solutions in the areas of accounting, payroll, income tax and all other regulatory/statutory compliances. We can undertake any size of outsourcing operation in above areas. Our client’s backyard is our front yard. Our clients enjoy the benefit of having the best of resources being deployed to handle their backyard functions. We implement best practices in processes and systems to ensure that we meet the high expectations of our clients from outsourcing. We maintain constant communication with our clients affording them an opportunity to constantly evaluate the efficiency of their outsourcing decisions.
Shared Accounting Service Centre :
M K TYAGI & CO., assists large multilocational corporates in setting up of shared accounting services centre in India or else globally, we are a group of professionals/ professional firms of Chartered accountants, company secretaries, certified public accountants (CPA), advocates firms, Certified quality rating agencies, and leading information technology (IT) companies. Shared accounting services centres will bring efficiency in systems and economy in operation, we ensures that at least 50% accounting cost is reduced.
Accounting and taxation functions can be services at half cost by opening of shared accounting service centres with better efficiency by consolidation global accounting & taxation functions.
Setting up of shared accounting service centre in India will ensure corporate to achieve at least fifty percent cost reduction and effiency in operation.
International Accounting & Taxation- BPO Services
US ,UK Corporate Accounting & Taxation Outsourcing:
Accounting Services
Accounts Payable
- Account Receivable
- Manual/Chart of accounts
- Bank Reconciliation
- Pay Roll Processing
- General Ledger
- Credit Cards reconciliation
We provide separate full time or part time accountants as per requirement of client’s business and work, while client can contact our accountants provided by us for any clarification. Moreover, in case if client need any additional MIS, Client can have it from our senior accountants and managers who are qualified Chartered Accountants , Indian CPA,s.
Accounts Outsourcing to us - Benefits to Client
- Low cost of processing, MIS
- Competent Staff on services,
- Planning by experienced ,qualified CPA,s
- Quality in work
- In time work
- Our Infrastructure
- One Stop arrangement of Accounts –Taxation- Payroll
- A/P Management - Generation of Purchase orders, Entering Bills of vendors, tracking of A/P, Payments to vendors/suppliers, Generation of A/P reports, aging analysis etc.
- A/R – Managements-Preparing Estimates, Record sales invoices, Tracking of A/R , updating payments and Generation of A/R reports/aging reports
- Processing of income and expenses vouchers of transaction, Expense Tracking.
- Recording of bank transactions ,credit card transactions and periodic reconciliation and checking of credit cards, tracking unclear checks etc.
- Inventory Management - Updating inventory records, Track inventory usage, Generation of inventory reports etc.
- Maintaining General Ledgers, subsidiary ledgers. Preparation of periodical adjusting and closing journal entries, handling year-end adjustments to GL, Trial Balance, P&L Accounts, and Balance Sheet.
- Generation of customized financial statements / MIS reports for internal use and reports and statements for banks & financial institutions etc.