Contact us at:

Telephone No. :
+91-11-4666 4600 (46 Lines)

Email Us :
akg@akgindia.in

Accounting and Book Keeping

 

The need of the hour is to have in place a system of robust processes to provide a strong framework for future growth, analysis of the company financials to improve efficiency and implementing best practices in finance function. As per our experience, following services are especially required for all Business organisations:

 

1. Financial processes & Controls

Conceptualizing, formulating and implementing financial processes and controls in conjunction with the client team.

 

2. Inventory management & control

Setting up to proper system and process of accounting of inventory items of raw material, work in process, finished goods with production planning, monitoring and accounting of material consumption based on bill of material, inventory levels, valuation of inventory.

 

3. Payroll

Managing all payroll related activities – Formulating payroll process; Salary processing; Employee reimbursement processing; Handling compliances (PF, ESI, LWF,TDS); Employee exit process; Advising clManaging all payroll related activities – Formulating payroll process; Salary processing; Employee reimbursement processing; Handling compliances (PF, ESI, LWF,TDS); Employee exit process; Advising client on best practices for Payroll.ent on best practices for Payroll.

 

4. Financial MIS & Analysis

Providing and reviewing regular financial performance reports and analysis on the cost and profitability for various product lines and business units to support decision making and providing advice from our expert financial advisors.

 

5. Budgeting & Forecasting

Creating budgets; predictive forecasts and development of market analysis; providing sensitivity analysis for various market scenarios.

 

6. Taxation

Managing all taxation related activities – Processing and deposit of tax (Excise, Service Tax, Sales Tax, TDS, Corporate Tax) on a timely basis; Liasoning with the tax authorities; Advising client on taxation best practices.

 

7. Receivables & Payables Management

Managing all activities – Formulating the complete vendor payment and client receivables process; Timely transactions as per process; Account reconciliation with the vendors & clients.

 

8. Fund Management

Managing the clients funds to achieve objectives of best return on capital and liquidity on behalf of the client

 

9. Fund Management

Maintaining the client’s accounts and ledgers.

 

10. Bank Relationships

Manage the relationship with the banks; Provide MIS and prepare presentations as required by them; Advise client on lender practices.