This document discusses the benefits of using an online accounting service called e-accountZ. It allows clients to access their financial information from anywhere at any time. Accounting professionals handle tasks like bookkeeping, bank and credit card reconciliations, accounts payable and receivable management, and preparing various reports. Work is assigned, completed, and reviewed online. Clients expect timely financial reporting and updates, while the service expects clear communication and prompt source documents from clients.
2. What are the dues to be paid? Who would handle my accounting data and keep a check on Data Integrity? How can I view & control my Financial Information? Is that going to affect my Financial Decision making? What are my Current years Sales and Profit? Clients concern
3. ADVANTAGES : why e-accountZ Online Global Accounting anywhere, anytime Pool of Accounting Professionals and Experts Low cost and High Accuracy Paperless office Fast Co-ordination & Timely delivery Easy communication mode Direct Online Entry in Clients own software
4. Flow of Work 1 Source Documents Scan Client e-accountz Performing Operations and Solving Queries 2 4 3
5. Write-Ups and Bank Reconciliation Credit Card Reconciliation Receive Bank Statement Preparing WP in Excel Entering & Reconciling Bank Raising & Solving Queries Cleaning Accounts Receive Credit Card Statement Preparing WP in Excel Entering & Reconciling Raising & Solving Queries Final Reporting
6. AP Management AR Management Receiving Bills Preparing WP in Excel Entering the Bills not Entered Confirming the Bills Entered Reconciling Vendors Receiving Invoice Intimation Entering the Invoices not Entered Confirming the Invoice Raised Reconciling Customers Confirming Invoices to be Entered
7. Notes Payable Reconciliation Sales Tax Liability Reconciliation Receiving NP Statements Preparing WP in Excel Distributing Principal & Interest Reconciling NP’s Receiving Sales Ledger/ Bank Statement Preparing WP in Excel Passing the JE in Software Reconciling Sales Tax Liability
8. CLIENTS EXPECTATION from us True Financial Position Bank Balance Outstanding Dues Timely payment of all Liabilities Current Profit Current Sales MTD & YTD Month End Reportings for Decision Making Regular Updates on the Work Performed
9. OUR EXPECTATION from client Source Documents to be sent to us should be properly scanned to avoid invisibility/ time wastage. Only those Source Documents should be sent which are related to the Work to be done to avoid confusion. Prompt Response for Queries Raised. Conference on a Daily/ Weekly Basis depending on the volume of work. Payment for our Services provided which can easily be sent through Internet.
10. MODE of SENDING SOURCE DOCUMENTS EMAIL E-FAX UPLOADING DOCUMENTS IN ONLINE STORAGE (Example: i-Omega)