Accounts Outsourcing
ExcelFront provides outsourced accounting services to accounting and bookkeeping firms. This allows their steady growth as the focus remains on priority tasks. Using the best technology and workforce, we provide hassle-free outsourcing solution.
Booking transactions on cash as well as on accrual basis. Our staff is trained to work with various softwares and various industries. Our team of trained professionals make sure that the tasks are done per schedule.
Excelfront has a team of qualified and semi-qualified Chartered Accountants to provide the year-end accounting services.
Our Year-End Accounting Services include:
- Preparing Annual Financial Statements
- Reconciliations
- Adjusting Journal Entries
- Accruals
- Various analytical procedures
- Management of working papers using Excel, QBO or CaseWare
These operational challenges are taken care of by our highly qualified Chartered Accountants so that you do not have to worry about the year-end workload.
Excelfront has the highly qualified and experienced Chartered Accountants who will help you timely and consistently to manage the payroll services.
The services provided for Payrolls are:
- Payroll processing on weekly/ bi-weekly/ semi- monthly and monthly basis where all the payroll calculations like employment taxes, income tax as well as the bonuses and overtime computation.
- Proper Accounting of the payroll is taken care of.
- Periodical reconciliation with various authorities
- Calculation of wages for the contract based workers
- Consultation for the payroll processing
Excelfront also provides tax preparation services based on the requirements of an accounting firm. With the committed resource, the accounting firms can get the tax returns prepared. We ensure you get the best resource to help you with your taxation requirements.
Receiving the files.
The process of transferring files is made easier by using a cloud service. The client is required to upload the required documents and files on their server where we have access and we can take it from there. We can use Google drive, One Drive, AWS and many more such servers to exchange the files and information over the cloud.
Reviewing The Data Received
These files once received are reviewed on the basis of requirement. All the documents are checked in depth to avoid any future mis-interpretations.
Listing The Missing Documents
Important files required for the execution of the work are noted and listen down. This list is then sent to the client for further process.
Execution Of Work
As the adequate information gets provided and missing documents are submitted, the working plan for the client is put into execution.
Solving Queries
Once the work has been performed, list of queries will be shared with the client on E-mail. If needed calls are scheduled to resolved the issues. Once resolved, we move towards the assurance part of the task.
Reviewing The Work
Once the work is completed, it goes for reviewing with the manager of the preparer. Every work at Excelfront goes with Maker – Checker concept to be assured on quality part.
Submitting Final Work
The finished documents are sent back to the client with the files that were received earlier. We make sure to clear our internal data on regular basis and thus maintaining the security of the data.
FLEXIBLE COMMITMENTS
With us, you do not have to have to commit for fixed hours of work. You will be charged on the basis of number of hours actually worked for. Thus, you can escape from making fixed charge payment and only pay for the requisite work.
CUT THE EMPLOYEE COSTS
You can easily find a skilled person with services having assured lower cost compared to your in-house staff you and thus saving up on employee cost.
NO EMPLOYEE TAX LIABILITIES
As staff remains on our payroll, there is no payroll compliance cost on you. Additionally, you are not liable to pay any Employee Insurance Cost, retirement benefits or costs related to any compliances.
NO INFRASTRUCTURE COST
There is no infrastructure needed for the staff outsourced as they are managed by the company which outsources them thus saving you a lot of cost for working space, computers, other infrastructure, etc.
MANAGE INCREASING WORKLOAD
With us, you do not have to worry about overtime or hiring new people. We can accommodate the same easily for you with our resourceful and skilled staff. You will not be charged of any overtime compensation as the work is done on the basis of the task.
DON'T WORRY ABOUT BONUSES
No bonuses to be given to any of your outsourced workers.
