Accounting Services
- Transaction accounting.
- Book keeping
- Invoice booking
- Purchase accounting
- Fixed assets Accounting
- Bank accounting.
- General Ledger Accounting.
- Payment Process
- Reconciliations.
- Reporting
- Financial Statement preparations.
- Fixed assets Accounting
At SBS, we compile performance across various poles and channels, global income statements and balance sheets. We then follow up with various channel heads to understand and comment on the key deviations with reference to plans and past years' performance. Additionally, we can track and maintain competitor performance on a quarterly basis as part of the global consolidation team.
Analysis of financial reports is as much crucial as the strategy and computation. We analyze and present accurate picture to empower our clients make right decisions every time. We leave nothing to chance whether it is a detailed analysis with guided forecasts, provision of scope, or highlighting true potential and corrections.
Existing labor arbitrage between India and US/Europe facilitates improved profitability. Partnering with SBS can be one of your shrewdest business moves ever.
Our array of closing and reporting services includes:
- Period ending adjustments.
- Trial balance scrutiny.
- Ledger closing.
- Allocations.
- Analysis of financial statements.
- Balance sheet accounts reconciliations.
- MIS and reporting .
Managing payables effectively is not an easy task. It directly impacts the profits. Companies spend huge money year on year to process invoices, perform reconciliations, and to resolve vendor queries. In the event of shabby payables management, companies end up shelling out penalties, double payments, and above all reworking all over.
SBS formulated a professional Procure-to-pay life cycle that covers from generation of purchase order to clearance and payment of invoices. Our automated process is paper-less and labor-free. Our Procure-to-Pay service portfolio includes:
- Purchase Accounting.
- Manual Invoice Processing.
- Payment Process.
- Vendor Master Maintenance.
- Triangular Matching and Reconciliation.
- MIS and Reporting.
The benefits of effective accounts payable process are realized by enhanced attention to cost reduction and improved fiscal management.
Salient features of SBS solution includes:
- Talent pool with Domain Expertise
- Accurate and Swift settlements of Vendors Invoices
- Real-time tracking and reporting of all payables
- Cost-effective automated processes for error-free payables management
The Order-to-Cash process is an inherent function of a dynamic business. Accounts Receivable form part of top tier assets for all Enterprises irrespective of size. Order-to-Cash process is inherent to dynamic business process and encompasses a variety of secondary business processes from Order entry to cash receipt. The process flow encapsulates a variety of smaller business processes from order entry to cash receipt.
Our Accounts Receivable services facilitate quicker payments and improved cash flow. Depending on project requirements, our dedicated accounting staff most proactively follows up on the invoices for prompt collection and resolution. Our AR services provide end-to- end solutions for:
- Billing and Invoice Management
- Cash Application and Collections
- Credit and Order Management
- Reporting and Reconciliation
- Shortened Month End Closure
Our solution for improved receivables management for operating divisions is a combination of onshore and offshore facility that enables optimal balance of cost, quality, and control.
Salient features of SBS solution includes:
- Minimized bad debts through successful account resolution
- Curbed Aging of Undeployed cash
- Advanced proprietary accounts receivables workflow
We offer comprehensive general ledger maintenance services to global clients. Collaborated with quick turn-around time, expertise, state-of-the-art technology, competitive pricing, and valuable customer service, we offer dedicated services with a total commitment to quality.
We make sure our customers get useful, real-time information so that they can focus on strategic issues. Our range of general accounting services includes:
- Revenue and expense accruals.
- Inventory accounting.
- Inter-company accounting .
- Transfer pricing.
- Account reconciliations.
- MIS and reporting.
