Generation of Reports
Preparation of statements
Reconciliation of accounts
Summary of Reports
Of late software usage in the financial sector has seen a steady growth. Many organizations are increasing dependent on the financial software to manage their bookkeeping and accounting functions. This calls for an expert accounting firm that has knowledge on the various accounting software to manage your books. We at BKO2I have extensive knowledge on the functioning of major accounting software available. In addition to the standard financial software, our team has the capability to work on customized software that best suits your business needs. Our team undergoes periodic training to understand the new software and to upgrade their skills. So far we have worked on all the major accounting and have been successfully able to deliver it.
Accounts Payable gives you tighter financial controls over your expenditures so you can avoid overpayments, double-payments, and fees. You’ll lessen the chances of fraud, mistakes, or supplier errors with automatic invoice entry from purchase orders. Receive warnings when budgets, subcontracts, or purchase orders have been exceeded for improved job cost management.
Accounts Payable Reports
The Accounts Receivable system serves as a marketing, sales contact, and document control tool, as well as a means of managing receivable accounts. The client database contains sales information for tracking prospects from the first point of contact to the close of a contract and completion of a job.
Accounts Receivable Reports
General Ledger forms the backbone of the accounting system. It receives information from all functions that affect the accounting process including Accounts Receivable, Accounts Payable, Payroll, Inventory and Service Receivables. You also can make entries directly into the General Ledger for cash, checks, deposits, journal transactions, and recurring transaction.
General Ledger Reports
Payroll automatically generates accurate labor costs by calculating all your accruals as well as basic pay items on a line-by-line basis for every timecard. Even liability insurance and small-tool costs can be included in the payroll calculations and automatically posted to job costs. You also can include any of the standard 401k, 408k, "cafeteria," and qualified benefit plans to save money on payroll taxes and workers' compensation.