WRITE-UPS & FINANCIAL STATEMENTS

We undertake the preparation of write-ups and financial statements on behalf of CPA firms.
GKM ’s services include:
  • Monitoring receivables and payables
  • Preparation of write-ups – Monthly, Quarterly, Annual
  • Independent scrutiny of all accounting transactions
  • Generating financial statements on a periodical basis

 Accurate financial information and analyses are critical for the success of a company. Our expertise with finance and accounting helps clients ensure compliance with accounting standards; gives access to accurate and timely information, helping effective decision making.

Under this, we assist our clients with:

  • Accounting and book-keeping of daily transactions under Indian GAAP or any client specific standards
  • Audit of quarterly/annual accounts
  • Preparation and implementation of internal control policies
  • Corporate tax preparation
  • Preparation and maintenance of exhaustive MIS reports in the format & frequency specified by the client.

GKM can successfully migrate back office processes across domains. Our experts design service solutions that provide customers with superior and cost-effective end-to-end experiences.

Receivables and Payables Management

Accounts departments perform vital functions like preparing financial statements and analyses, bank statements, etc which are very essential for an organization. There are always financial and tax issues, employee benefits and insurance concerns, technology challenges, and numerous other business problems which hinder you from focusing on core business. More and more companies are discovering that vital but non-core business functions such as receivables management are best managed by partnering with an experienced BPO provider like GKM.

We offer the following Accounts Receivable Management Services:

  • Bank Advice Clearance
  • Client Billing
  • Suspense Clearance
  • Encoding Errors
  • Client Settlement

Accounts Payable

  • Cash Application / Allocation
  • Credit Balance Refunds
  • Payment Research
  • Third Party Settlement

Book Keeping

  • Journal Entries
  • Cash and Bank Payment Entries
  • Credit Card Accounting Entries
  • Statutory Dues

Accounts Reconciliation

  • Bank
  • General Ledger
  • Third Party Settlement
  • Assets and Liabilities
  • Branch Accounting

Reporting and Analysis

  • Statutory Reporting
  • Financial Statement Analysis

Reporting

Monthly MIS reports

  • Sales by Item /Sales person
  • Sales by Register/Cash Receipts
  • Invoice Tracking Sales by Department
  • Credit Card Receipts /Sales
  • Master Vendor Aging
  • Master Customer Aging
  • Accounts Receivable & Accounts payable
  • Monthly Balance History - GL Expense
  • Trial Balance
  • Cash Flow Statement
  • Report on Inventory
  • Reconciliation Statements
  • (Bank, Customer, Vendor, General Ledger, Assets & Liabilities and Branch Accounting)
  • Profit & Loss Account
  • Balance Sheet