Every business needs to have an accurate picture of its financial position on a day-to-day basis. Businesses tend to avoid maintaining books regularly especially the small and medium ones, thus suffer from consequences like late receivables/bad debts, rush during tax seasons, etc. We understand that most of the accounting in small/medium businesses is done by the business owners or employees who generally look after other operational parts as well, and thus this part of the business often gets neglected and falls behind. Although it might not seem like an important part of the business, accounting is as important as any other part of the business, like sales. Without proper accounting, you cannot be sure of how much money you are making, are you even making any profit from the said business; or if there is any scope for improvements, etc. Accounting back office involves classifying all the expenses and incomes in their respective accounts and a critical aspect of accounting is reconciliations which help businesses verify that everything is accounted for and this is where we, at Whiz Consulting, draw our strength from. With the experience of setting up the best financial accounting and reporting practices for all sorts of businesses, a broad knowledge of business processes and technologies, that we have learned over time working with a broad range of customers across the globe, and our expertise in executing functions remotely. We assure you can outsource end to end accounting for your business to us and we will make sure your books are neat, ready and reconciled around the year.
When you outsource the accounting back-office services to us, we make sure to handle everything with the utmost accuracy. We undertake every aspect of accounting process right from bookkeeping to handling the controller services, we ensure the best result delivery. Presence of trained financial experts having expertise in every domain and on-time delivery, we outsource the finest accounting services for your business.
Accounting Back Office Service Offerings
Just so that you have a better picture of your business when you outsource your accounting back-office services to Whiz Consulting, you have access to a world of reports that we can prepare for you regularly like every week or as and when required. A few reports that we can prepare for you and which can enable you as a business owner to better analyse your revenue and expenses are:
Some of our accounting back office services include:
- Income Statement (Profit & Loss)
- Cash Flow Statement
- Monthly/Quarterly Year End Review
- Financial Analysis (Ratio Analysis, P/V Ratio, NPV)
- Balance Sheet Reporting
- Inventory Accounting
- Fixed Assets Process Reports
- Trial Balance
- Company/Business Wise Profitability
- Client Wise Profitability
- Project Wise Profitability
- Resource/Employee Wise profitability
Also, we prepare all the specific reports that you might want us to prepare for you in any format that you are looking for. Outsource your accounting to Whiz Consulting today and we will make sure you have access to a host of services.