Outsourced book keeping services

Accounting & Bookkeeping is crucial for the success of any business. The investor should know the status of his/her business at every stage for his success and should be able to predict its future depending on the accounts. The bookkeeping services in small business are now looking at the new option of outsourcing the books of accounts into the hands of qualified professionals

WISE offers comprehensive book keeping services to companies to outsource their accounting functions to highly qualified team of professionals. Advantages of outsourcing the Accounting & Bookkeeping services are many:

Save Time Handing over the work of Bookkeeping to qualified professionals allows the Investor to save their precious time and they can focus on the key areas of business development. This becomes very crucial when the business is managed by a small team.

Save Money By hiring qualified professionals on hourly/weekly/fortnightly/monthly basis, the investors can save money on a full time employee as well as the other expenses like their visa costs, leave salary, air ticket, end of service benefits etc. In addition to this, the accountants are supervised by an Accounts Manager.

Industry Experts While outsourcing the accounting & book keeping services, the business does not have to bother about the professional experience of the accounting team, spending on expensive ERP for generating the reports.

Bookkeeping services by Wise

Wise professionals will establish the following accounting modules based on the Industry in which the company operates.

Setting up of chart of accounts

Purchase Order

Sales Order

Sales Invoice

Inventory

Bill of Materials

Project Costing

General Ledger

Accounts Receivable

Accounts Payable

Pay Roll

PDC Management

Fixed Assets

Trial Balance

Profit & Loss Account

Balance Sheet

Accounts Supervision

Wise provides accounting supervision as an alternative to the comprehensive outsourcing of accounting services. The range of external services provided by us includes review of chart of accounts, vat complaint recording, regular supervision of the client’s accounting records. By combining external accounting supervision with keeping the books at the company, the client has a complete satisfaction of proper maintenance of accounts, among others, the possibility of smooth transition from full external accounting to in-house accounting becomes much easier.

Reports:

WISE understands that every business requires reliable, accurate and timely financial analytical information to monitor its performance so that the management can take timely actions and decisions. Our experienced & qualified professional accountants understand the importance so they work towards achieving these goals for our clients. Following reports will be submitted to management periodically (monthly / quarterly / half yearly / yearly)