KPO – Accounts outsource service
Globalisation is a fundamental change that is taking place in our world today, and even small businesses are now operating on a global scale. As we move further into the Information Age, our success lies in our ability to apply the knowledge that we have obtained. Some of the changes that are occurring in Information Technology are astounding, and will change the face of the business world forever. Those who are able to take advantage of these changes will pioneer the advances of business and technology throughout the 21st century.
In this knowledge era, our success depends on what we know and what we do with what we know. Perhaps one of the most impressive phenomenon to occur in countries such as India is KPO, or Knowledge Process Outsourcing.
Why to outsource bookkeeping to DBC?
At D. Batra & Co. the core activity revolves around the field of accounts and with its vast knowledge base, experience and specialization, DBC offers its global clients a vast range of accounts outsourcing services.
Our services are structured to allow you to choose a full back office service or just specific items relevant to your needs. Our full menu includes the following:
Bookkeeping and Accounting Services
Takes care of the day to day bookkeeping and prepares monthly or quarterly management accounts. These accounts can be tailored to your group’s specific requirements including preparation as per US GAAP accounting standards. Our Professionally qualified team ensures compliance of all Accounting Standards in the course of Accounts maintenance. We offer online as well as off-line accounting services to our clients, keeping in view various guidelines of accounting bodies.
THE VARIED RANGE OF ACCOUNTING SERVICES ENCOMPASS THE FOLLOWING:
- General accounting services
- Accounting system design and implementation
- Bank statement Reconciliation
- Financial analysis
- Records management
- MIS Reports
- Accounts payable
- Accounts receivable
- Cash flow statements
- Cash disbursements
- Credit and collection
- Cash application
- Financial reporting
- Asset accounting management
- Preparation of Tax Returns
- Depreciation and amortization schedules
- General ledgers
- Income Tax planning and Preparation
- Ratio analysis
- Goods & Services Tax
- Tax Services for Business
Other Allied Services:
- GST Returns
As part of the bookkeeping service, DBC assists clients to prepare the necessary periodic GST returns, making the relevant documentation and liaising with GST authorities.
Our payroll specialized team shall prepare the employees’ monthly salaries, administer commissions, incentive and bonus payments, and monitor and reimburse staff expense accounts. Special requirements can also be catered for, such as the administration of pension schemes and private health insurance.
- Preparation of year-end financial statements
We prepare the company’s annual accounts and full back up schedules ready for the statutory annual audit and liaise with the company’s auditors as appropriate.
- Payment of Creditors
Our systems enable us to pay your creditors at times of your choosing whilst leaving you with ultimate control.
- Cash Handling and Banking Operations
We can assist with treasury functions including the operation and monitoring of high interest deposit and current accounts.
- Cash Forecasting
We recognise your need to retain a regular overview of your cash reserves. We can prepare regular cash forecasts for you enabling you to plan for the future.