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Manpower Supplier, Invoice Charges by edk11657

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									ACCOUNTS RECIEVABLE
    OUTSOURCING

            BY

 RENUKA INFOCOM PVT LTD
        ITES-BPO COMPANY
 AN ISO 9001:2000 CERTIFIED
         NEW DELHI
           INDIA

         www.renukainfo.com
OVERVIEW
   The accounts receivable process pays an important role
    under the accounting process. Companies spend huge
    expenditure on maintaining accounts recievable process
    depending upon the Sales of the company from year to
    year.

   If the accounts receivable department is not strong
    enough to track the outstanding amount at the end of
    each period then huge cost is to be incurred for tracking
    the exact Debtors at exact Time. Additional cost may be
    incurred like Interest on Overdrafts Facility, Imbalance of
    Business Cycle/Working cycle, imposition of Bank
    Charges , Disturb Discounting Policy , etc.



                      www.renukainfo.com
BENEFITS TO OUTSOURCE
   Improve the Billing cycle.
   Building vendor’s confidence.
   Reduction of additional liabilities.
   Effective Debtor’s management.
   Timely Collection of Bills.
   Reduction in Management expenses like manpower cost,
    infrastructure cost and communication cost by 40%-50%.
   Better Billing Management with improved staff efficiency.
   In-Depth study of Accounts Receivable expenses.




                     www.renukainfo.com
AUDITING BY RENUKA’S
   Nature of Receivable.
   Actual Amount due from the vendor.
   Checking full contact details of the vendor from whom
    the amount is due to receive.
   Reconciling the Sales order with the invoice raised
    against the value of goods supplied.
   Checking the due dates of the invoice.
   Checking the description of goods in the invoice with
    the Order Received.
   Any Advance payment received from the supplier
    against the Sales order.
   Status of defective goods returned, if any.
   Debit note issued to vendor.
   Verification of taxes charged on the gross amount.
   Any other on spot verification or auditing.

                   www.renukainfo.com
METHODOLOGY OPTED
FOR A/R BY RENUKA’S
SEND INVOICES WITH ACCOUNTS RECIEVABLE
                    :
                AUDITING
                    :
             QUALITY CHECK
                    :
              FINAL OUTPUT




            www.renukainfo.com
THANK YOU
             PRESENTED BY

      RENUKA INFOCOM PVT LTD
    309-314 Aggarwal Millenium Tower,
     Netaji Subhash Place, Pitampura,
       New Delhi , India – 110034.

        CEO, ROHIT GARG (C.A.)
    E-mail : rohit.garg@renukainfo.com
      US Toll Free : 1-866-682-8799
         GSM : +91 93136 77799
            www.renukainfo.com
   www.accounting-outsourcing-india.com

								
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