contact@emark-technologies.com
+91-7349129212
Accounting and remote bookkeeping services from inception for business owners and accounting firms:
E Mark Technologies is currently engaged in the provision of accounting and accountancy services to an extensive client. E Mark Technologies ensures that the quality of our services is consistently maintained and that each work order is held to the highest standards of quality. Our proficient group of experts assists our clients in diminishing operational expenditures while delivering optimal support and consulting, in addition to expanding our core services. Why should Outsource Bookkeeping and Accounting Process?
A well keeps bookkeeping record can help businesses have better insight into the business functioning while also providing a better base for strategic financial planning. Bookkeeping is pivotal for every business and must be conducted accurately and efficiently.
Our outsourced accounting and bookkeeping services in Bangalore in India are customized according to the need of Business. We also specialize in bookkeeping and accounting services for small businesses and use the best bookkeeping. Once you outsource with us like dozens of different clients and we will make sure that your books of account are updated, organized, and neat round the year.
Our outsourced back-office bookkeeping services cover everything from AP/AR processing, employee expenses, month-end close, monthly financial statements, management & statutory reporting, and audit support. We take care of it all activities.
Account Setup: Creating Chart of Accounts
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Integration (Bank Account, Credit Card and Expenses reimbursement process)
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Processing (General Ledger Accounting, Accounts Payable (Procure to Pay), Accounts Receivable (Order to Cash) and Balance sheet reconciliations.
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Reporting (Balance sheet, Profit & Loss, Variance analysis, Aging reports and others)
1) One of the most considerable assets on a balance sheet is Account Receivable. Even though most businesses are aware of its significance, it fails to perform this task efficiently.
2) Businesses are not able to allocate their time and resource efficiently for accounts receivable. Most of the businesses are focused so much on acquiring new customers and then delivering the product and services to the customer that they end up spending a significant chunk of time and effort on the same. They end up neglecting to collect the receivables, which might cause an obstruction in the cash flow and can result in causing debts for the company.
3) Long due accounts receivables can turn into bad debts, which is not desirable for businesses. While it is good to receive payments immediately, this is not possible for every industry due to the credit period existing in every industry. So, appropriate accounts receivable management is crucial, which will let you managed accounts receivable in a continuous and timely manner. One easy way to deal with these issues is to outsource accounts receivable.
1) Accounts Payable is a form of credit that your business can avail from your suppliers. It allows delayed payment for products or services your business avail.
2) Accounts payables should not be ignored at any cost as this will only disrupt cash flow and ruin relations with your suppliers. It also affects your working capital, which will lead to the reduction of the overall profit.
3) A credit period is allowed by the creditors and suppliers, and in a few cases, you might avail discount when it is paid before the due date. But not paying on time might have a more significant issue like breach payment terms with your suppliers, which might land your business in legal matters. Accounts payable outsourcing services can be the perfect solution for managing all your payable's needs.
4) We understands that accounts payable is essential to keep up with smooth cash flow. Hence, we provide outsourced accounts payable services that help you process accounts payable efficiently. Our accounts payable outsourcing services can help you to manage your accounts payables efficiently.
1) Payroll generally is an operating expense for businesses provided the human resource employed contributes to the manufacturing or service process of your product and service.
2) A business cannot neglect the payroll function as it is a function that helps to calculate the total amount the company needs to pay to its employees for a certain period. Paying the employees on time and accurately can be a tedious task for small and medium businesses, but that being said, it cannot be avoided as doing so will lead to employee dissatisfaction and penalties from the government.
3) Payroll management can be a time-consuming activity with a task like mapping timesheets, preparing employee and employer workings. The best way to take care of your payroll management is to outsource this function.