Accounting Services

Additional Details

Bookkeeping and Accounting :

Bookkeeping and Accounting are critical functions for every business. Outsourcing this function can not only save money, but also ensure a high level of accuracy and confidentiality in running your accounting department. Members of our bookkeeping team can log transactions directly into your accounting system and work with your C.F.O or C.P.A / Statutory Auditor. 

SOS does not just offer a range of bookkeeping services, but will also form a productive business relationship with the client. Our solutions are customized to meet the needs of our clients. In addition to world-class bookkeeping services, we will also strive to bring gains in productivity to the client.

Our range of services under this category include:  

• Preparation of the right Chart of Accounts
• Basic Maintenance of the Books of Accounts - in any software as required and provided by the client.
• Preparation of the Financial Statements to suite the requirements by various Statutes, in consultation with your C.F.O / C.P.A
• Various Reconciliation activities as required by the client - Bank Accounts, Credit Cards, Accounts Receivables and Payables, etc
• Liaisoning with the Statutory Auditors of the client, helping in smooth finalisation of the audits
• Preparation of various MIS Reports
• Helping, Assisting and Guiding the client in Budgeting & Forecasting
• Payroll Processing - which includes Structuring of the salaries of the employees, preparation of salary slips, assistance in remitting the TDS amounts, preparation and filing of E TDS returns, preparation of Form 16 and Form 16A, etc. 

Outsourced Accounts:

Offshore financing and accounting operation allows a company to focus on its core competencies while qualified professionals carry out the Finance and Accounting activities. The fact is that it works well for any business organisation, regardless of its size or volume, that wants to reduce cost, achieve operational excellence and enhance performance.

Join hands with Secured Outsourcing Solutions Private Limited (SOS) and benefit from the rich professional service of a high quality Knowledge Process Outsourcing (KPO) partner, who is reliable, dependable and offers uncompromising standards in quality, economies of scale, efficiency and savings in cost.

We offer specialised Business Processing Outsourcing services in the areas of accounting, taxation, and web based research activities.

Our staff are very familiar with most of the popular accounting software around the world - like Quickbooks, Peachtree, Sage, IRIS, MYOB, Pastel, etc.

Reconciliation:

Reconciliation and tallying the various statements of accounts are often tedious and time consuming, especially in business organisations with large volume of transactions. In such a scenario, we offer to sit down, analyse and reconcile the various accounts, irrespective of the volume of transactions and its complexity. The main areas where we offer this service are : 

• Reconciliation of Head Office and Branch(es) accounts
• Reconciliation of the various Bank accounts of the business
• Accounts Receivables and Payables reconciliations with the statements of accounts of the customers / vendors
• Reconciliation of Accounts from Indian GAAP to US GAAP and vice versa
• Credit card statements reconciliations 

Payroll Processing: 

We offer an efficient payroll processing service to our clients, that will help them reduce the complications and time involved, and also maintain utmost secrecy and confidentiality in this sensitive area of accounting.

Our range of services under this area include 

• Structuring of employee salaries and arriving at their tax liabilities
• Preparation of monthly salary slips and payroll
• Remittance of monthly tax deductions to appropriate authorities
• Preparation and filing of Quarterly E TDS returns
• Preparation of year end TDS Certificates (Form 16 and Form 16A)