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Accounting Outsourcing Services

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					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!

				
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posted:11/17/2011
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