Corporate
- Corporate
At our accounting firm, we specialize in empowering small and midsize businesses with tailored financial solutions, including:
- Rent and expenses: Accurate tracking of rent, property expenses, and deposits ensures financial transparency.
- Financial statements: Clear reports aid owners and investors in informed decision-making.
- Owner distributions: Efficient management of distributions and reporting obligations streamlines operations.
- Tax assistance: Expert support in tax planning, filing, and maximizing deductions minimizes financial burden.
Our services
Accounting by the Book. Perform with Trust.
Accounts Payables Management
Efficiently handle payment processes, ensuring vendor satisfaction and financial transparency.
- Invoice Management: Efficient handling and processing of incoming invoices from vendors and suppliers.
- Payment Timing: Ensuring timely disbursement of payments to vendors to maintain positive relationships and avoid late fees.
- Expense Tracking: Accurately recording and categorizing all expenses incurred by the hotel for better financial oversight.
- Regulatory Compliance: Adhering to legal requirements and internal policies in all payment transactions to mitigate risks and ensure transparency.
Accrual/Cash basis bookkeeping
Precisely record financial transactions using either accrual or cash accounting methods, tailored to your business needs.
- Accrual Basis Recording: Recording transactions when they occur, regardless of when cash is exchanged, providing a more accurate representation of financial health.
- Cash Basis Recording: Recording transactions only when cash is received or paid out, simplifying bookkeeping but potentially leading to less accurate financial reporting.
- Accrual Method Adoption: Choosing between accrual and cash basis accounting to reflect financial transactions accurately.
Monthly Variance analysis
Identify and analyze discrepancies between planned and actual financial performance on a monthly basis for informed decision-making.
- Budget vs. Actual Comparison: Analyzing differences between planned (budgeted) and actual performance for the month.
- Identifying Deviations: Pinpointing areas where actual results deviate from budgeted expectations, whether in revenues, expenses, or other key metrics.
- Root Cause Analysis: Investigating the reasons behind variances, such as changes in market conditions, unexpected expenses, or operational inefficiencies.
Full cycle Accounting Services
Comprehensive financial management from data entry to financial reporting, ensuring accuracy and compliance.
- Transaction Recording: Recording all financial transactions from initiation to completion.
- Journal Entries: Posting transactions to appropriate accounts in the general ledger.
- Accounts Payable: Managing vendor invoices and payments.
- Accounts Receivable: Invoicing customers and tracking payments.
- Bank Reconciliation: Matching bank statements with internal records to ensure accuracy.
Budgeting and Forecasting
Strategically plan for future financial goals and challenges through detailed budgeting and forecasting processes.
- Goal Setting: Establishing financial targets and objectives for the business.
- Revenue Projections: Forecasting expected income based on historical data and market trends.
- Expense Planning: Anticipating and allocating funds for various expenses such as salaries, utilities, and supplies.
- Cash Flow Forecasting: Predicting future cash inflows and outflows to ensure adequate liquidity.
Financial Analysis and Modelling
Gain insights into financial performance and future scenarios through advanced analysis and modeling techniques.
- Data Collection: Gathering relevant financial data from various sources.
- Financial Ratios: Calculating and analyzing key ratios to assess financial health and performance.
- Trend Analysis: Examining historical financial data to identify patterns and trends.
- Forecasting: Predicting future financial performance based on historical trends and market conditions.
DRAWS preparation and submission with lender
Prepare and submit DRAWS (Direct Rollover/Transfer Withdrawal) requests to lenders efficiently and accurately.
- Documentation Compilation: Gathering all necessary documents required by the lender for DRAWS (Debt Restructuring and Work-out Strategies).
- Financial Statements: Providing updated financial statements, including balance sheets, income statements, and cash flow statements.
- Loan Agreement Review: Reviewing the terms and conditions of the existing loan agreement to understand the lender's requirements.
- Negotiation: Engaging in negotiations with the lender to reach an agreement on the proposed DRAWS plan and terms.
Internal Audit & Process Setup
Enhance operational efficiency and compliance by establishing robust internal audit procedures and optimized processes.
- Risk Assessment: Identifying and assessing potential risks within the organization's processes and operations.
- Control Evaluation: Evaluating the effectiveness of existing internal controls to mitigate identified risks.
- Process Mapping: Documenting current processes and workflows to identify areas for improvement.
- Control Design: Designing and implementing robust internal controls to address identified risks and ensure compliance with policies and regulations.
- Audit Planning: Developing a comprehensive audit plan outlining objectives, scope, and procedures.
Our Services
- Accrual/Cash basis bookkeeping
- Accounts Payables Management
- Monthly Variance analysis
- Full cycle Accounting Services
- Budgeting and Forecasting
- Financial Analysis and Modelling
- DRAWS preparation and submission with lender
- Internal Audit & Process Setup
How it works
Accounting is the process of recording, summarizing, and interpreting financial transactions in order to provide useful information for decision-making.
Why choose us
We are committed to providing top-notch service to our clients. We take the time to understand your business and offer customized solutions that meet your specific requirements.
Cost Saving
We understand every business is unique, as such we provide a customized, flexible, and affordable accounting solution. This will help you save at least 70% on your current inhouse labor & overhead cost.
We have implemented stringent security protocol to safeguard client data from any breach. We are very serious about the security and confidentiality of client data; your business data and information are safe with us.
We believe in providing value based services, we achieve that by following principles like meeting deadlines with accurate and efficient work, responsive and ownership of work and timely and effective communication. This makes it more sustainable to work for a long term with mutual benefits.
Leave your employee management hassle to us and you do not have to worry about training, recruitment, employee turnover etc.
Our team of qualified, experienced, tech savvy and professional staff will elevate your business with our knowledge of best accounting and industry practices.
Our team of dedicated and reliable staff will be scalable at short notice or for long term growth plan to help you with your business needs.