Finance and Accounting

Considering the volatile dynamics of global economic system, it has become a practice for every organization to consolidate non-core financial services to ascertain a competitive edge. Now, CFOs across the globe seek out accounting outsourcing firms that can assist them in reducing the company's operating costs, increasing profits and establishing benchmarks for superior governance and conformity to regulations. That is why most of them outsource accounting services to a third-party company. We, at Nirmalya, fully grasp this compelling requirement of businesses and provide an extensive range of accounting back office services at affordable costs.

Nirmalya's finance and accounting outsourcing services are outlined to support the client by setting up compliance and controls, equalizing expenditure and growth, cutting down the cash cycle and increasing the ROI. Size doesn't make a difference for Nirmalya and every customer is equally important for us.

BOOKKEEPING SERVICES
Setting Up Chart of Accounts
Billing for goods sold or services
Recording receipts from customers
Verifying and recording invoices from suppliers
Paying suppliers
Processing employees' pay and the related governmental reports
Recording depreciation and other adjusting entries
Entering Bank Details
Allocating the account entries
Value-added bookkeeping
Month-end or year-end closing
ACCOUNTS PAYABLE SERVICES
Invoice imaging and storing
Invoice approval
Expense allocation
Online payment approval
Check processing
Handling of vendor inquiries
ACCOUNTS RECEIVABLE SERVICES
Order management
Customer billing
Customer aging
Collections management
Cash forecasting & reporting
RECONCILIATION SERVICES
Bank statement reconciliation with your bank statement
Credit card reconciliation with your statement records
Matching of invoice with your ledger as well as journal entries
Sequencing of checks
Balance sheet reconciliation
FINANCIAL REPORTING SERVICES
Balance sheet
Income statement
Cash flow statement
Bank reconciliation report
Detail general ledger report
Fixed asset account management
PAYROLL PROCESSING
Payroll setup
Payday calculations and direct deposits
Payroll taxes calculation and form filling
Quarterly/yearly tax returns

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