Accountants with professional qualifications like CA, CPA, and ACCA, are usually paid handsomely for their services. For small and mid-sized firms, hiring such professionals as full-time resources can be a costly proposition. Apart from salary, a firm has to invest in building and managing a full-time accounting department to manage such employees, thus adding to the operational costs.

At Master’s Accounting, we offer outsourced Accounting & Reporting (A&R) services, where we assign our team as per the requirements of the client. Needless to say, these services are available at a fraction of the cost of hiring full-time accounting professionals. Managing professionally, ensuring the highest levels of efficiency, taking care of absenteeism – we handle all of these.

Timeliness and accuracy are of the essence when it comes to bookkeeping and hence, all of our experts adhere to strict standards of these two qualities. Apart from ensuring the highest compliance standards, we also provide you with flexible service modes that suit different needs. We provide A&R services in the form of cloud-based accounting, onsite accounting, and back-office support.

Key elements of our accounting and Reporting services include:

• Invoicing and receivables management
• Purchase invoicing and payable management
• Banking and reconciliations
• Petty cash management
• Journal vouching
• End-of-month closing report, that includes:

                       ⊶ Weekly cashflows
                       ⊶ Weekly sales analysis
                       ⊶ Weekly receivables outstanding
                       ⊶ Weekly bank and cash reconciliations
                       ⊶ Monthly profit and loss statement
                       ⊶ Monthly balance sheet

We have organized our service offerings into the following packages: