Accounting Farm

* Account Payable & Receivable Management.
* Inventory Reconciliation.
* Cash Flow Management & Budgeting.
* General Ledger Maintenance.
* Reconciliation of Bank and Credit Card Accounts.
* Daily/ Weekly/ Monthly/ Annual Bookkeeping tasks.
* Financial Analysis & Reporting - Balance Sheet /Profit/Loss
Statement.
* Setup / Technical Support of Cloud-based Accounting & Bookkeeping Software.
* Invoice Processing.
* Document Management.
* Taxation & Compliances.
* Payroll Services.
* Scalable Virtual Staff (Full Time/ Part Time / Hourly).

* Screen all financial exercises to distinguish inconsistencies.
* Examine all exchanges to forestall misrepresentation.
* Give input to the bookkeeping office on the most proficient method to develop interior controls, and furthermore pinpoint territories where dangers identifying with banking exchanges can be limited.
* Give documentation to the reason for supporting every monetary exchange.
* Plan month-to-month bank Reconciliation reports with respect to all money stores to the bank(s).

* Recommend the best account payable software or add-ons to suit company’s requirements.
* Process Payments for received services or goods by verifying against Purchase orders.
* Reconciliation of account payable record with bank accounts
* Identify different types of expenses and create different accounts to manage records accurately.
* Manage supplier’s information such as payment methods, statement of account payable, Credit history.
* Resolve any issues with vendors regarding processing PO, Invoices, contracts, Payment disbursement etc.

* Integrate online tools to existing Account Receivable System.
* Generate invoices and send to customers.
* Reconciliation of account receivables with bank accounts.
* Create payment policies specific to customers or services.
* Record payment and create monthly and annual reports.
* Track overdue.
* Check the Client’s creditworthiness and create credit policies.
* Find the root cause and troubleshoot issues related to the account receivable system.
* Create Account Payable & Receivable report to analyze actual cash flow

* Implement an online software-based payroll processing system based on client’s requirements.
* Routine Payroll processing – Calculate time, calculate gross pay, calculate withholding ( provincial & Federal taxes, benefits, etc.). Issue pay (Hourly, Weekly, Biweekly, Monthly), etc.
* Integrate time, paid time off – vacation time, sick days, and personal days to employee data to reduce errors.
* Prepare payroll reports, Year-end Tax reports, time & attendance reports.
* Cloud-based storage for payroll data, employee personal data, and tax withholding.
* New Hire Reporting.

* HST (GST + Provincial tax) filing for Ontario (13%), New Brunswick (15%), Newfoundland and Labrador (15%), Nova Scotia(15%), and Prince Edward Island (15%).
* GST filing (5%) for Alberta, British Columbia, Manitoba, Northwest Territories.
* Complete solution for taxi/limousine driver, UBER, or Lyft driver.

* Set-up of accounts in cloud-based accounting software such as Xero, QuickBooks, Wave Accounting, and many more.
* Migration from one software to another
* Technical Support

* Finance Reports, Tax Reports.
* Inventory management.
* Fixed asset and depreciation reports.
* Accounts Payable & receivables reports.
* Bank Reconciliation reports.
* General ledger reports.
* Cash Flow management reports.
* Balance Sheet, Profit/Loss Reports.
* Investor ReportingBudget Forecasting.
* Actual vs. forecast analysis.
* Pricing Analysis.
* KPI (Key Performance Index).
* Financial Modelling.
* Consolidate various data such as accounts, financial planning, cash flow reports to measure and improve the company’s performance.