Accounting Outsourcing Services we deliver results not reports… About First Capital Established in 2009 and licensed to provide comprehensive financial and management consulting and solutions Our services include: – Consulting – Knowledge Services – BPO – Personal Financial Planning Established strategic alliances with a number of world-class PBO and Knowledge service providers Accounting Outsourcing Service Part of our BPO, for which we have established tie up with Appointments In. a professional accounting outsourcing provider Accounting focused fully integrated service offering Founded in 1999 in Chennai, India and 2007 in Dubai. Global presence with associate offices in Dubai, Oman & Qatar Highly experienced Senior Management Team 100+ person years of combined domain experience in all elements of Financial Accounting and technology enabled services. Strong understanding of key analyses, processes, functional requirements and outsourcing potential Track record of successful implementations across multiple business verticals Exceptional capability of transition management for offshoring processes to India. Why Outsourcing? Get professional accounting services at affordable cost and gain access to a state-of-the art online accounting software Significant cost reduction Focus on the core business area while outsource the non-core yet important aspects of the business Optimize the use and the return of corporate resources rather than investing in expensive accounting software and highly paid professionals Assume higher control over business process by employing advanced accounting MIS Easier access to debt and equity with neat bookkeeping system Provide better tools to decision making Resource Optimization Management profile K Vasudevan, CEO Appointments In of the operation, possess more than 15 years experience in Information Systems analysis, design and deployment for a variety of Industry segments, including complex solutions for trading and back office solutions for stock brokerages and stock exchanges Divyata Rajaram, CEO Vista Consulting MENA, over 15 years of financial services experience with HSBC, American Express and Thomas Cook. Developed expense management solutions for middle and large corporates. Ilankumaran is a practicing Chartered Accountant and is involved in effective delivery of accounting analysis and reporting Jayanandan is a Software solutions professional with a background in Six Sigma processes. Main Features No software investment Online Information systems - far above the book keeping generally offered Accounts go online within 24 hours of data reaching us Send scanned data to a designated server through internet Facility to upgrade to generate invoices online Facility to enter certain transactions online by customers for better control of operations Low Cost of Entry - Only nominal set up costs Multiple levels – Choose an appropriate level Main Features (Contd..) Online MIS System and not a book keeping service Access to a versatile enterprise software Access / query / report from anywhere in the world by any number of authorised personnel Receive daily / monthly / quarterly / yearly reports generated by professionals A weekly audit of transactions entered is done on rotation Receive periodic audit exception reports Main Features (Contd..) Upgrade to online invoicing / material inward or outward Upgrade to online entry of cash and bank transactions. Get periodic cash flow / funds flow statements prepared by professionals Professionals will discuss online with auditors during audit to explain accounts Services Suite : Gold Offerings Entry of Sales orders and sales Basic Entry of Data for the following order processing process: Entry of Purchase orders and Cash Transactions & Expenses Purchase order processing Bank Transactions & Expenses Entry of Stock Movements Sales Invoices (Inventory) Receipts from Debtors Inventory Management Purchases Accounting Inventory Valuation Payments to Vendors Post Dated Cheques (In and Out) Entry of Journal Vouchers and Management Journal Registers Online B2B for customers to cover Profit & Loss Account (Constructed) – Place sales orders – View invoices raised against them Balance Sheet (Constructed) – View their statement of account Bank Reconciliation statements – View sales orders raised (Constructed) – All the above can be queried and printed by your customers from their computers Customer Statement of Account Services Suite : Gold Offerings Basic Entry of Data for the following Entry of Sales orders and sales process: order processing Cash Transactions & Expenses Entry of Purchase orders and Bank Transactions & Expenses Purchase order processing Sales Invoices Entry of Stock Movements Receipts from Debtors (Inventory) Purchases Accounting Inventory Management Payments to Vendors Inventory Valuation Entry of Journal Vouchers and Post Dated Cheques (In and Out) Journal Registers Management Profit & Loss Account (Constructed) Online B2B for customers to cover – Place sales orders Balance Sheet (Constructed) – View invoices raised against Bank Reconciliation statements them (Constructed) – View their statement of account Customer Statement of Account – View sales orders raised – All the above can be queried and printed by your customers from their computer Services Suite : Bronze Offerings Basic Entry of Data for the following process: – Cash Transactions & Expenses – Bank Transactions & Expenses – Sales Invoices – Receipts from Debtors – Purchases Accounting – Payments to Vendors – Entry of Journal Vouchers and Journal Registers Profit & Loss Account (Constructed) Balance Sheet (Constructed) Bank Reconciliation statements (Constructed) Customer Statement of Account Daily Reports Daily Report Level 1 Level 2 Level 3 Cash Book √ √ √ Bank Book √ √ √ Sales book √ √ √ Sales orders Register √ √ Purchase Orders Register √ √ Collections Book Cash payment Register √ √ Bank payment Register √ √ Pending Sales Orders √ √ Pending purchase orders √ √ GRN √ √ Weekly Reports Weekly Reports Level 1 Level 2 Level 3 Cheque Register √ √ √ Journal Register √ √ √ Collections Book √ √ √ Overdue Report √ √ Monthly Reports Monthly Reports Level 1 Level 2 Level 3 Cash payment Register √ √ √ Bank payment Register √ √ √ PDC Due Register √ √ PDC IN Register √ √ Ageing Analysis - Debtors √ √ Ageing Analysis - Creditors √ √ Overdue Register √ √ Trial Balance √ √ √ Profit & Loss Account √ √ √ Balance Sheet √ √ √ Bank Reconciliation statements √ √ √ Customer Statement of Account √ √ √ General ledgers √ √ √ BRS Banks (Add AED 100 for each additional Appointments.in 1 bank) 3 5 Overview Software Flowchart Process Advantages Level 3 Exclusives Inventory GRN (Goods Received Note - Entry / Creation and Accounting) √ Good Issue √ Stock Valuation - Weighted Average √ Stock Register √ Stock Movement Register √ Stock Rejection accounting / Tracking √ Online Facilities (Allow your customers direct access to the software for them to place orders, view invoices, statements etc) Customer Login to System √ Sales Orders by Customer directly √ Print Customer Statement √ Print Ageing Analysis √ Online Invoicing by Company + Despatch Note √ Appointments.in Level 3 Exclusives (Contd....) Management Reports Monthly Cash Flow Statement √ Quarterly Cash Flow Statement (Cumulative) √ Quarterly Funds Flow Statement (Cumulative) √ Weekly Exception Audit reports √ Monthly Exception Audit Reports √ Quarterly Constructed Profit & Loss Account with Schedules √ Quarterly Constructed Balance Sheet with Schedules √ Cost for out of turn requests for above To be Agreed Software Features Real-time Processing Web-based processing Multi-user, Multi Role Functional Access Fully Integrated Complete System security Drill down reporting features Upload/Download facility Import /Export options Technical Specs Web Based Enterprise Solution Technology – J2EE , Struts, Web-Server – Tomcat Database – MySql, SQL Express, SQL Server, Can be configured as Software As A Service Model Data stored in central servers at the discretion of client Thank You!