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Outsourced Accounting & Bookkeeping

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Outsourced Accounting & Bookkeeping

The smooth functioning and uninterrupted operations of any business rely on understanding the financial health of the organization. At AM Square, we are highly qualified to assist our clients with all aspects of accounting, ranging from daily transaction accounts to the most complex accounting tasks, including dealing with accounting standards and consolidations in both the Indian and international scenarios.

Day-to-Day Accounting

Daily accounting for businesses, individuals or families, to cover Accounting to Reporting (A to R), Procure to pay (P to P), Order to Cash (O to C) cycles. The role encompasses all activities involving payroll accounting, verifying and paying invoices, accounting for taxation, preparing financial reports, and conducting banking functions.

Periodic Closures (Close the Books – CTB)

Every organisation should conduct a periodic closing of its books of accounts, be it monthly, quarterly, bi-annually or annually. The AM Square team supports clients by assisting them in determining the profit and loss of the entity attributed to that specific calendar month/quarter/half year/year, utilizing accounting methods consistent with income tax purposes.

Accounts Receivable & Accounts Payable Management

Accounts Receivable (AR) and Accounts Payable (AP) play a critical role in managing cash flow. The team at AM Square assists clients in optimizing their AR and AP activities while reducing associated risks. Our financial experts help streamlining billing processes and promoting efficient working capital management.

Review of Financial Statements

The review of financial statements involves conducting analytical procedures to ensure that the financial statements are free from material misstatements. This is where AM Square provides assistance. Our team helps clients with Expense Review, Accounts Receivable Review, Inventory Review, and GL Ledger Review.
Our review systems ensure that transactions are appropriate and compliant with all relevant policies and regulations.

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