Accounting Services
Our service allows companies to avail the optimum level quality at a cost-effective price. But that would just be an understatement; in entirety, Adequate understands the volume of business activities and the need for a well-trimmed accounting data.
Book Keeping Services
Our service allows companies to avail the optimum level quality at a cost-effective price. But that would just be an understatement; in entirety, Adequate understands the volume of business activities and the need for a well-trimmed accounting data.
Since the inception of the company, we have been devoutly committed to providing our clientele only the most effective and best-practiced solutions in accounting, book-keeping and other financial management services.
Entering Purchase Ledger Document
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The buy record is a sub ledger in which buys are recorded. The buy record is a piece of the bookkeeping office’s database; it isn’t kept up by the obtaining division. The record is valuable for isolating into one area a record of the sums an organization goes through with its providers. The buy record indicates which buys have been paid for and which buys stay remarkable. An ordinary exchange went into the buy record will record a record payable, pursued at a later date by an instalment exchange that disposes of the record payable. In this manner, there is probably going to be an extraordinary record payable equalization in the record whenever
Preparing Trial Balances
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A trial balance is a bookkeeping worksheet-like account that reflects all the credit and debit balances of all the ledger accounts. Once we prepare this statement, we can prepare the final accounts of the company on the basis of this trial balance.
Producing Creditor & Debtor Report
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Fixed Asset Management
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Fixed assets management is an accounting process that seeks to track fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. Organizations face a significant challenge to track the location, quantity, condition, and maintenance and depreciation status of their fixed assets.
Recording of Accounting Transaction
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The accounting cycle is a series of steps performed during the accounting period (some throughout the period and some at the end) to analyse, record, classify, summarize, and report useful financial information for the purpose of preparing financial statements. In bookkeeping, the accounting period is the period for which the books are balanced and the financial statements are prepared. Generally, the accounting period consists of 12 months. However, the beginning of the accounting period differs according to the company. For example, one company may use the regular calendar year, January to December, as the accounting year, while another entity may follow April to March as the accounting period.
Entering Sales Ledger Document
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A sales ledger is a detailed itemization of sales made, presented in date sequence. It may also contain credits issued that reduce the amount of sales, perhaps for products returned by customers. The information in a sales ledger can be quite detailed, including such items as the sale date, invoice number, customer name, items sold, sale amounts, freight charged, sales taxes, value-added tax, and more.
Debtors / Creditors / Inventory Control
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Bank & Credit Card Reconciliation
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Reconciliation Vendors Account with Ledgers
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Preparing Trial Balances
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A trial balance is a bookkeeping worksheet-like account that reflects all the credit and debit balances of all the ledger accounts. Once we prepare this statement, we can prepare the final accounts of the company on the basis of this trial balance.
Reconciliation of Ledgers
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The general ledger is the main accounting record of the company. Consequently, general ledger reconciliation is the process of ensuring that accounts contained in the general ledger are correct. In short, reconciliation makes sure you place the appropriate credit and debit in the associated accounts.
Entering Sales Ledger Document
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A sales ledger is a detailed itemization of sales made, presented in date sequence. It may also contain credits issued that reduce the amount of sales, perhaps for products returned by customers. The information in a sales ledger can be quite detailed, including such items as the sale date, invoice number, customer name, items sold, sale amounts, freight charged, sales taxes, value-added tax, and more.
Payroll Management
End-To-End payroll service which addresses need of every stake holder using MakeMySalary -a web portal. Our service for outsourcing payroll process systems are now in India.
Accurate Payroll Setup
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Whether you are kick-starting your start-up with a few employees or running an established Small and Medium Enterprise with a few hundred employees, having the right payroll solutions saves you time, money and simplifies your work environment. With payroll, you get to customize payroll solutions that best fit the nature of your business as you stay focused on growing it.
Generate Payslips
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Payslip Generator to produce online payslips that adhere to Fair Work requirements giving you the all-in-one solution of paying your employees.
Employee Management
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Employee management is the effort to help employees do their best work each day in order to achieve the larger goals of the organization. There are many tasks and duties that fall under employee management, but almost all of them can fit into one of five categories: Selection. Monitoring.
Tax Filling- for Company & Employee
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It can be a little daunting when it’s time to get out that calculator and run payroll. Chances are, it’s the last thing you want to think about, but getting it right is something that really matters to both your employees and your friendly neighbourhood tax. To make it easier to understand, we’ve broken down the process into a few easy (easier) steps.
Payday Calculation & Direct Deposits
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Direct deposit is the deposit of electronic funds directly into a bank account rather than through a physical, paper check. Common uses for direct deposit include income tax, refunds and pay checks.
Monthly Employee Salary Reports
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It can be a little daunting when it’s time to get out that calculator and run payroll. Chances are, it’s the last thing you want to think about, but getting it right is something that really matters to both your employees and your friendly neighbourhood tax. To make it easier to understand, we’ve broken down the process into a few easy (easier) steps.
Payroll Taxes Calculations & Form Filling
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Year End Process
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An accounting procedure undertaken at the end of the year to close out business from the previous year, carry forward balances from the previous year, and open posting accounts for the upcoming year. Year-end closing is part of a company’s closing operations, and is used to create a company’s financial statements.
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