BOOK KEEPING & OUTSOURCING
Book keeping is an art of identifying, approving, sorting and recording company’s financial transactions in a custom that they can be retrieved and presented higher management reporting. Outsourcing is an arrangement in which a company retains another business to perform some of its work activities that could also be or usually have been provided in-house to concentrate on what they do best and thus reducing the costs.
NSKT & Co LLP offers highly professional and qualified human resources to our clients in order to support them performing several non-core Financial & Audit activities in a systematic and efficient manner. Some of our critical outsourcing assignments includes manpower recruitment, supplying agency’s services for various processes such as accounting processes as well as others such as SAP services and bank account reconciliation.
Outsourcing aims at:
- Lowering labor costs.
- Lessening regulations.
- Focusing on core competencies.
- Reducing overhead.
- Promoting flexibility
2 BOOK KEEPING
At NSKT & Co LLP our bookkeeping services aims at cost reduction and cost management for our clients. A specialized team of accounting professionals have been designated to cater customer’s requirements and processes.
Some of the bookkeeping services that we offer are:
- AR/AP services
- Bank account reconciliation
- Invoicing Processing Services
- Manual Journal Entry Services
- General ledger maintenance
- Expenses ledger maintenance
- Preparing ageing reports & summaries
- Preparing financial statements
- Trial balance services
- Preparing income statements (Profit & Loss)