Business always require to review their growth level, risk and tax impact on month to month basis. And only Accounting is the tool which fulfil the requirement of all the aspect of business to review and analyses on every circumstance.
FinHub have experience and expert team to provide Accounting Services & Solutions as per International Accounting standard (IAS) and International Financial reporting standard (IFRS). Our Accounting Services & Solutions are divided into four parts:-
Account Writing & Bookkeeping:-
FinHub team provide the service of account writing up to finalization of books of accounts as per the country legal requirement and international standard within client premises or outside client premises as per agreed term. Services includes:-
- Sales register and ledger as per VAT requirement
- Purchase register and ledger as per VAT requirement
- VAT ledger account
- Bank accounts and reconciliation
- Expenses accounts to know profitability
- Receivable & Payable accounting and their process.
- Inventory account and their process.
- Guidelines for documentation process and filing
- Final Profit & Loss and Balance sheet report with schedule.
Consolidated Financial Statement & Schedule:-
FinHub Expert team will provide the service of consolidation when the entity control one or more other entities in different manner. (example holding & subsidiary relationship, under same ownership or Management, investment point of view etc). Our experience team will provide a report on consolidated financial statement & schedule on international standard as per IAS & IFRS.
Budget set up & Budget status reports:-
Creating a business budget is essential for any size business. A business budget helps you decide whether you can grow your business, give yourself a raise, purchase additional inventory and assets, and whether you may be able to avoid bankruptcy. Failure to properly budget can seriously impact your bottom line, and even jeopardize the success of your enterprise.
For set up business budgeting FinHub team will help you:
- Set and achieve profit goals
- Track revenue, expenses, and cash flow
- Cut unnecessary spending
- Plan for required purchases, such as equipment and materials
- Secure funding from current and potential investors or financial institutions
- Project startup costs, monthly operational expenses, and revenue needed to break even
Accounting software Implementation:-
FinHub expert team will provide the best consultancy service to implement accounting software as per your business requirement. Team will complete the job from Planning stage till the completion of implementation on live.