Accounting Services

Integrated Accounting

• Account expenses and incomes

• Account cash and bank transactions

• Monitor suppliers’ outstanding

• Monitor customers’ outstanding and Collections

• Liaison with banks and other financial institutions

• Prepare monthly/quarterly MIS reports

• Prepare annual balance sheet/income statements

• Ensure statutory compliance

• On-Site Support for query resolution

Payables Management

• Prepare Purchase Orders (PO)

• Reconcile purchases with PO terms

• Account invoices

• Track suppliers’ balance

• Monitor payments to ensure maximum credit

• MIS reports

Ensure statutory compliance

• Service tax

• Sales Tax

• STPI

• Excise

• VAT

• GST

• Account invoices

• Track customer’ balances

• Follow-up for timely collections

• MIS Reports

Management Accounting

• Monthly P&L Account

• Balance Sheet

• Completion of Statutory returns

• Cash and Bank reconciliation

• Inventory analysis

• Fixed asset accounting

• Depreciation calculation

• Fund flow analysis

Fixed Assets Management

• Assign numbers for every item

• Prepare and maintain fixed assets register

• MIS Reports

• Bookkeeping Services

  Shelvi Biz Inc. also offers accounting write-up services year-round and thereby allowing the CPA firm to increase their time spent on lucrative consultation services – year around!

• Ledger Processing

  Establishing ledger controls, turning the revenue and expense items into Analytical financial statements.

• Reconciliation

  Verification and validation of financial statements such as Bank Statements, General ledgers etc.

• Bank Reconciliation Statements

  Reconcile book balances with bank balances

  MIS reports

• Payables Management

  Prepare sales orders/ Invoices