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Tax Outsourcing & Financial Accounting Services
Taxation / Financial Accounting Outsourcing
India is known for having both cost as well as technical advantages when it comes to outsourcing IT services and processes. India has emerged as one of the most preferred country for outsourcing various services globally. These include supply chain management, sales, marketing, customer care, Human resource etc besides Financial Services and E-Accounting services.
The Axiom is well established and thriving. It is respected globally for providing quality services at significantly lower costs with world-class infrastructural facilities. Axiom accounting and taxation BPO company provides with expert off-site, remote e-accounting, financial services outsourcing and accounting services outsourcing, working in close association with your needs and specifications.
Tax Processing / Financial Accounting Services :
Accounts Payable: The process helps client to track payments originating across different locations and in different currencies. It helps to efficiently settle payment issues with vendors.
Accounts Receivable Management: The process includes managing as well as tracking the client's receivables in different locations. It also helps to manage the limit of credit extended by the client.
Tax Processing: The process includes keeping proper tax data and auditing it and also maintenance of various documents and forms relating to taxation.
Cash Management: The process includes checking the cash flow statement of the company. It also includes checking the liquidity of the company, managing current assets like cash, inventories, bills payable and receivables etc.
Risk Management: The process includes services like monitoring the risk factor of various investments, looking after the returns, looking after at the viability of projects a company undertakes. It also includes making quarterly reports of investments and sending it to the company.
Claims Processing: The process includes checking of documents supporting the claim and storing online data of claims.
Accounting Management Processes:
Transaction Processing
Maintenance of general ledger and chart of accounts
Web-based Accounting System
Bank and other account reconciliations
Maintain asset sub-ledgers
Preparation and maintenance of work papers
Monthly and year end close procedures
Financial Reporting
Financial statements, including drafting footnotes
Consolidations
Management Reporting
Budgeting, forecasting and financial analysis
Regulatory reporting, including SEC and NASD
Advisory Services
GAAP/Technical Support for Complex Accounting Issues
Financial statement audit support services
Consultation on accounting and tax implications of significant agreements and transactions
Transaction Support, including:
SEC Reporting
Mergers & Acquisitions
Private Placement Memorandum
Accounting and reporting responsibilities often overwhelm the resources of rapidly growing and established businesses alike. Additionally, in the current business environment the need for more accurate, timely and consistent accounting and financial information has become greater. For over 5 years, we have been providing financial and accounting business process outsourcing (BPO) services. We help companies by maintaining their general ledger, performing financial processes, interfacing with management, helping them meet their financial reporting and tax requirements and performing other essential financial tasks, thereby enabling them to concentrate on their core competencies strategic business objectives.