Bookkeeping is the process of recording, in chronological order, the daily transactions of a business entity. It forms part of the accounting information system. On the other hand, accounting is an information system– includes the process of recording, classifying, summarizing, reporting, analyzing, and interpreting the financial condition and performance of a business – in order to communicate it to stakeholders for business decision making.
Our professional team including CA’s, accountants, and administrative staff are capable of handling all your bookkeeping and accounting processes, from basic AR and AP entry, payment, and processing, to the more difficult duties of a CFO.
We apply stringent data / information security measures for your bookkeeping needs so that you can focus on your core competencies while we manage your bookkeeping activities. We at AKGVG realize the importance of being updated with accounting and are here to provide you with internationally accepted accounting & bookkeeping outsourcing services which can be utilized for various internal decision making and reporting purposes. AKGVG provides bookkeeping services & accounting services – weekly, monthly, quarterly and annually as per the requirement. AKGVG’s bookkeeping and accounting services include:
- Setting up ‘books of account’ in required bookkeeping software / formats
- Charting of accounts
- Categorization of income and expenses
- General Ledger maintenance
- Invoicing services
- Accounts Receivable services
- Accounts Payable services
- Preparing ageing reports and summaries
- Reconciliation services – Accounts, Bank, Credit Cards & PayPal
- Preparing Financial Statements adhering to Generally Accepted Accounting Principles (GAAP)
- Preparing and formatting Income Statement and Balance sheets on a regular basis
- Cash Flow management
- Payroll reconciliations
Our Software Expertise
In addition to above-mentioned bookkeeping and accounting services being provided to business setups, we also provide innovative accounting/bookkeeping customized reports to assist you further in performing an in-depth analysis of the performance of the various business units. Most commonly used accounting software’s are Tally ERP 9, Profitbooks, Quickbooks, SAP, Oracle, Quicken, etc. We have been providing accounting and bookkeeping services in India and to global clients and this has helped us gain a competitive advantage that can be leveraged and utilized by our customers in getting end-to-end financial and accounting support at a substantially lower cost.