Our Services

accounting

Welcome to ACCSOL Solutions! Taking advantage of our team will save you thousand of dollars and will allow you and your team to focus in your business.

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Accounting

Preparing your own income tax return can be a task that leaves you with more questions than answers. According to a study released by the US Government...

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Payroll Processing

We provide you accounting, tax services, Consulting with efficiency and personal attention to help you utilize resources more effectively, as you work toward ..

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Financial reporting

We provide you accounting, tax services, Consulting with efficiency and personal attention to help you utilize resources more effectively, as you work toward ..

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Highlights

Professional Profile

Within a small duration of 5 years ACCSOL has become one of the India’s fastest growing business entity to carry out Business Process Outsourcing (ITES BPO) worldwide. Our specialty includes accounting & book-keeping , Payroll , Taxation , Audit and transaction Processing (AR & AP) for CPA’s , SME’s , LLC’s and corporate houses. Our latest and sophisticated technology allows us to deliver reliable methodology for our clientage so that the complete outsourcing venture becomes cost effective .

Accounting & Bookkeeping
dot Accounts Payable dot Write up works.
dot Accounts Receivable dot Cash and Accrual Accounting
dot General Ledger Adjustments dot Complete Accounting.
dot Bank/Credit Card reconciliation dot Preparation of financial statements.
dot Setting of chart of accounts dot Monthly, Quarterly, or Annual Reporting.
BUSINESS MODEL

 

OUTSOURCING TECHNIQUES

 

GAAP ACCOUNTING

Generally Accepted Accounting principals are the accounting rules used to prepare financial statements for public traded companies and private companies in US. Security Exchange Commission (SEC) has the ultimate authority over the Listed companies to present their Financials Statement to Shareholders in GAAP so that potential investors , creditors , etc. can easily compare the Financial Result over the number of years for investments , financial decisions ,credits , etc.

Some of the commonly used US GAAP for reporting are as under :-

dot Business Combinations , used for calculating of Goodwill.
dot Cash Flow Statements , classified under Financing , Investing and Operating
dot Transaction with Related Party
dot Earning Per Share , diversified under Basic (EPS) and Diluted EPS
dot Disclosing the Effects or changes made due to changes in accounting policies , method of accounting , adjustments and prior period items.
dot Inventory Valuations
SOX AUDIT

Sarbanes Oxley Act 2002 is incorporated, to have an Compliance check on Audit. Act defines which records are to be saved for how much time period. Thus along with the Accounting & financial department , IT Department also comes into operations. SEC has imposed this Compliance audit to protect the interest of Shareholders and investors. All the Electronic records , electronic messages and business records must be saved for a period of 5 years from the end of fiscal period in which the audit has been done.

As a pert of Audit :-

dot Check access control system.
dot Review Database loopholes in DBMS.
dot Review Password policy.
dot Review Permissions set
dot Maintenance and Safe Recording of all the stored data.
ACCOUNTS PAYABLE & ACCOUNTS RECIEVEABLE

The accounts payable & receivable process pays an important role under the accounting process. Companies spend huge expenditure on maintaining accounting system fool proof, which in turn is based on the Sale & Purchase of the company from year to year.

If the accounts department is not strong enough to track the outstanding Payments & dues at the end of each accounting period then huge cost is to be incurred for tracking the exact payment to exact vendor at exact time. Additional cost may be incurred like penalties on late payment, interest, discount waivers, duplicate payments, wrong payment to vendors or additional payments, etc.

SOFTWARES
ACCOUNTING SOFTWARES TAXATION SOFTWARES
QUICKBOOKS TAXWISE
PEACHTREE LACRETE
SAGE LINE 50 PRO SERIES
MYOB DRAKE
MYOB ACCOUNTANT OFFICE ATX
HANDI LEDGER MYOB TAX
NETSUITE HANDI TAX
SIMPLY ACCOUNTING D T MAX
ADP TAXCALC
DATA ACCURACY
dotQUALITY CHECKS POLICY.
Every transaction is being checked before it is uploaded to main server by process managers.
dotSEPRATE QUALITY CONTROL MANAGERS.
Their role is to rectify the uncorrected entries, figure out by the process managers.
dotFINAL REVIEWING POLICY.
All the processed data is finally reviewed by Qulaified hardcore professionals & then uploaded on client server.


The above phases help us to provide ultimate data accuracy to About 99.95% with 100% client satisfaction.

PRICING


 

OVERVIEW FOR OUTSOURCING
dot Reduces manpower cost by 50%-60%. dot Get Expertise Hardcore Professional Skills at low cost.
dot Reduces Infrastructure cost by 40%-50%. dot Get timely Preparation of Financial records.
dot Better Management Control. dot Centralized Concentration of Complete Data.
dot Squeezing of Unwanted Managerial Hierarchy. dot Improve Payment/receivable Cycle.
dot Building Vendor’s confidence. dot Reduction in additional Liabilities.
dot Effective Debtors and Creditors Management.    
CLIENTS
dot CERTIFIED PUBLIC ACCOUNTANTS. dot RESTURANTS & HOTELS.
dot RETAIL CHAINS. dot REAL ESTATE.
dot HOSPITALS. dot ONLINE SELLING TRADERS.
dot GAS PUMPS. dot IT COMPANIES.
dot SME’S & LLC’S.    
COMMUNICATION
dot SKYPE accsol.ms
dot FILE TRANSFER PROTOCALL accsol @accsolms.com
dot EMAIL bbose@accsolms.com

 

Why ACCSOL
  • Control your capital cost
  • Increase efficiency
  • Reduce labor cost
  • Start new project quickly
  • Focus on your core business
  • Reduce risk
  • Security and confidential