Generally , bookkeeping includes maintaining sales, purchases, reconciliations, monthly GL accounting & reporting and potentially a lot more.
In-time bookkeeping by our Team will help your organization to track the financial performance of your business by monitoring & following up on overdue customer accounts thereby assuring you to have a better control over your cash flow situation.
We understand that employees are important resource for your organization and thus we ensure they are paid on time and accurately. The payroll system also includes adjustments in relation to loans, advances, reimbursements and leave pays to be processed along with the regular salary which will make the payroll process more complex. Outsourcing payroll function can thus be of great help to your organization as it can free up your limited resources, time and equipment and help gain better control over the payroll function.
Our Team has extensive experience & understanding on the payroll processing system and thus ensure that your employees are paid in time and also adhere to meeting statutory requirements on the other side.
Our Payroll Outsourcing Service process will include monthly payroll processing and maintaining master data is basedon the inputs shared by you.
Bank / Credit Card reconciliation is the process of balancing and matching figures in accounting records with those displayed on a bank statement. If a customer makes a payment directly in bank account, that entry needs to be matched with its corresponding invoice in books of accounts to balance out the amounts effectively. Also, any payment made via credit card by the organization needs to be accounted in lines with it getting actually paid from the bank account. Reconciliation of bank accounts data is a complex & lengthy procedure. This is an extremely crucial aspect of handling finances. In addition to that, our team ensures real time tracking of all outstanding checks as well as deposits in transit for better cash forecasting.
Reconciliation services may include :
Reconciliation of vendor invoices with your general ledger.
In today’s business world, outsourcing accounts receivable services have become popular, as cash flow is of utmost importance in every enterprise. However, company must take care that efforts and monies invested for receivables do not exceed the receivable itself!
We provide accounts receivable outsourcing services that help your organization to improve collections, along with the company's lifecycle right from placement of order by the customer untill it gets actually paid in form of cash. Our Team will ensure that a healthy working capital position is maintained at all the times for your organization by efficiently monitoring your credit collections and cash receipts & payments. Our Team will also help you to recognize the credit provided to those customers who regularly fall behind on payments in order to take corrective & preventive actions.
Timely payment of supplier’s invoices is of due importance to build and maintain the reputation for any organization. This helps in building strong relationships with your vendors.
We at Charterz Zen ensure that all your payables get processed as per their due dates thereby helping you to enjoy a healthy cash position at any given point of time. We can help you manage your end-to-end accounts payable tasks.
Outsourcing Account Payable Services will get most of your workload off your hands. Along with taking complete responsibility of your AP system, we improve the overall process and add value to your business.
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