We follow this process flow of inventory in Manufacturing business:
- The issue of the purchase order
- Receipt of material
- Preparation of job card and BOM by the production department
- Submission of stock requisition by the production department to store department
- The issue of material by store department
- Production of finished goods
- Quality testing
- Sale of goods
We follow this process flow of inventory in warehouse:
- Advanced barcode systems supporting QR and other standards
- Multiple location support
- Bin tracking systems
- Order picking support
Generally, it depends and varies from one business to another. However, we need following documents as per our common checklist
- Revenue Transactions
- Bank Accounts information & statement
- Previous years financial statements and tax return copy
- Inventory details
- Intercompany Transaction
- General Ledger
- Any other information for year-end accounting
Yes, we are XERO Certified Advisors and XERO Partners. We have Xero-certified accountants who have been using the software for a long time.
We use organizations’ financial details, operations details, and other required information to prepare management accounts and then management reports such as:
- We use organizations’ financial details, operations details, and other required information to prepare management accounts and then management reports such as;
- Cash flow statement
- Stock consumption analysis
- Input-Output recovery analysis
- Entity-wise and consolidated financial statements
- Reconcile control accounts
- Budgeting and forecasting
- Fixed assets register and depreciation
- Specific purpose Ratio analysis
You can communicate with us on call, video call, mail or any other collaboration tool such as Microsfoft Team, Slack, Google Chat, etc.
There are many benefits of accounting software advisory services:
- Choose the right accounting software for your business.
- Streamline and automate tasks with accounting software
- Increase productivity and save costs.
The three types of accounting software are:
- Ready to use software packages
- Ready to use software with some Add-on Applications
- Customized Software
Yes, we will train your staff on the usage of new software.
Bank reconciliation accounting services help business owners identify errors or discrepancies in accounting entries or between balances. Here are the significant advantages of using a bank reconciliation statement.
- Identifies fraud or errors
- Helps avoid mistakes
- Helps keep accounts in good standing
- Helps track receivables.
Financial budgeting and forecasting services from CapActix will help you:
- Reduce operational costs with the use of advanced technology.
- Help choose the best investment plans available and invest wisely.
- Assist in buying and leasing decisions for property
- Create a budget for current and future investment
When your company needs expert guidance and training on:
- Choosing the right technology for your business growth.
- Implementing and using business advancement tools.
- Suggestions and training to use business advancement tools.
To choose the best business advancement service providers, consider these factors:
- Research about top business advancement service providers.
- Check their past projects and clients.
- Read feedback & reviews from past clients.
- Ask questions related to your project needs.
The Outsourced Business Advancement Tools Consulting Services are important because they help organizations choose the right technology, implement it properly, and get the necessary guidance and support.
The CFO’s responsibilities include:
- Oversee Accounts & Ledger to ensure the accuracy of entries for asset & liability.
- Track variations in budget.
- Analyze finances in detail to identify issues & opportunities. Formulate insights & recommendations, debt-reduction strategies.
- Advice on the latest software & tools and other internal responsibilities.
Your firm will get huge benefits from outsourced business analysis services:
- With better marketing strategies and execution, firms can save up to 30-50% of costs.
- Latest financial analysis tools and technologies to gather insights.
- 100% data security and confidentiality
- Better decision-making due to accurate data analysis.
To understand the firm’s financial position deeply, we analyze your finances, cash flow statements, balance sheet, and more.
Second, we process the gathered data and information to identify potential risks or opportunities. Finally, our financial experts interpret that data to suggest relevant suggestions for better strategies and plans.
There are many benefits of customer and vendor reconciliation services, including:
- You can keep your accounts consistent and reconciled.
- Keep consistent data in making decisions.
- It helps in cash flow, fund flow forecasting, and budgeting management.
The different types of accounting software are:
- Billing and Invoicing System
- Enterprise Resource Planning System
- Time and Expense System
- Payroll Management System
Our Risk Management Services cover:
- Fraud and Financial Crime
- Enterprise Risk Management
- Risk & Regulatory Compliance
- Analytics & Reporting for Risk & Fraud
You can count on CapActix for risk management services for the following reasons:
- Easy spot potential risks
- Analytical data for decision making
- Budget-friendly costs
- Experienced and focused team
- We identify financial risks by examining your daily financial operations and cash flow.
- We measure the risk by assessing the capital structure and risk level with the company’s debt level.
- We frame solutions to avoid or control potential risks.
- We also help businesses implement those solutions.
- Evaluate the effect of the solutions implemented.
Accounting Supervision services are important for a business to get its accounting records checked periodically. Here are the benefits:
- Periodical examination of accounting records allows management to understand business activities and prepare for the future correctly.
- Accounting Supervision Services ensure that the company complies with the different rules and regulations.
- It allows the business to focus on its Key Performance Indicators (KPIs).
Almost every business can benefit from accounting supervision services.
It helps systematically analyze business accounts to keep the company on track.
Accounting Supervision services help companies grow in many ways:
- Prevent Tax-Related Fraud
- Saves company funds
- Address compliance-related issues
- Firms can avail of interim CFO services in a short time and part-time.
- Interim CFO consulting services are budget-friendly.
- Part-time CFOs offer consulting on financial health.
- Part-time CFO services save the company from a financial crisis.
Cash flow management experts offer many services. We have listed some important services here:
- Prepare and manage detailed annual cash flow forecasts.
- Review, identify, and advice on negotiating payment terms.
- Discovering opportunities to improve cash flows
- Analyzing stock turnover
- Evaluate alternative bankers and suggest better options.
- Perform sensitivity analysis to formulate new strategies for the improvement of cash flows.
You can communicate with our virtual accountants anytime for any queries or updates via email, instant chat, Phone call, or virtual meeting tools.
Our offshore accountants manage your complete financial transactions. Some of the services are:
- Bookkeeping Support
- Payroll Processing
- Assets Management
- Accounts Payable
- Accounts Receivables
- Budgeting & Forecasting and many more
Yes, we sign a nondisclosure agreement to assure you about the safety and confidentiality of your business data and information.
Yes. The remote offshore audit support staff reports each day on the activities and updates in the payroll operations.
We do not just provide accounting & bookkeeping services but also take care of your complete audit requirements. By hiring qualified audit support from CapActix, you can accurately navigate the audit complexities.
You can communicate with our virtual audit support staff anytime for any queries or updates via Skype.
Yes, of course. Once you tell us your requirements, we handpick the CVs of top audit support staff for you. You can screen and shortlist the best few for interviews and hire the most suitable one.
Before hiring remote offshore audit support staff, ensure they meet standard parameters like expertise in managing payroll operations, delivering projects on time, being easily accessible for communication, and proficiency in English.
Yes, of course. We offer flexible engagement models enabling you to hire payroll clerks and executives on hourly basis.
Yes. The remote offshore Payroll clerks maintain the timesheet and report each day on the progress reports to you.
Yes, you can hire an individual Payroll clerk or a team of payroll executives for your accounting firm depending on your requirements.
CapActix has been providing accounting and payroll services to global clients for years. We have a certified team of payroll executives who are highly experienced and experts in their work. They always update themselves with the latest laws and regulations to assist your business. Further, they work with the latest payroll tools and software to speed up the work.
Before hiring remote offshore payroll clerks, ensure they meet standard parameters like expertise in managing payroll operations, delivering projects on time, easily accessible for communication, and proficiency in English.
Hiring offshore tax preparers comes with many benefits:
- You can hire flexibly for part-time or hourly to save costs on hiring full-time tax preparers—no need to pay for idle hours.
- Hiring remote tax preparers is comparatively cost-effective.
- You can pick from the global talent pool of tax preparers.
Yes, of course. Our certified tax preparers use many tax software to prepare returns in a quick turnaround time. Some of them are:
- Intuit ProConnect
- Intuit Pro-Series
- Intuit Lacerte,
- Drake,
- Creative Solutions’ Ultra-Tax,
- Turbo Tax,
- ATX and ProSystem fx ® Suite – CCH and Many more
Yes, of course. Once you tell us your requirements, we handpick the CVs of top tax preparers for you. You can screen and shortlist the best few for interviews and hire the most suitable one.
We provide end-to-end tax preparation services:
- Organize your documents
- Verifying Errors
- Maintain the Accuracy of Documents
- Calculate taxes and prepare returns
- Filling returns to tax authorities
We do not just provide return preparation or filling services but also take care of your complete taxation requirements. By hiring qualified tax reviewers from CapActix, you can accurately navigate the taxation complexities.
You can communicate with our virtual tax reviewer anytime for any queries or updates via Skype via emails, instant chat apps such as Skype, Microsoft teams, or slack or schedule audio or video calls.
CapActix has been providing accounting services to global clients for years. We have a certified team of accounting supervisors who are highly experienced and experts in their work. They always update themselves with the latest laws and regulations to assist your business. Further, they work with the latest accounting & payroll tools and software to speed up the work.
You can communicate with our virtual accounting supervisors anytime for any queries or updates via emails, instant chat apps such as Skype, Microsoft teams, or slack or schedule audio or video calls.
Yes. The virtual accountant supervisor will verify the accounting and other
financial documents. He will review the documents for compliance and other risk issues. He will resolve the issues and irregularities in cash flow and help you maintain accurate financial records.
Our offshore staff accountant takes up many responsibilities to reduce the burden of accounting managers and businesses: Some of the responsibilities of Staff Accountants are:
- Reconciling Documents
- Prepare & update Financial Statements
- Assist in Budgeting
- Maintain Ledgers
- Manage Cash Flow
CapActix has been providing accounting and bookkeeping services to global clients for years. We have a certified team of QuickBooks experts who are highly experienced and experts in their work. They always update themselves with the latest laws and regulations to assist businesses. Further, they are well-versed in using the QuickBooks software to speed up the work.
When you tell us your requirements, we share the handpicked CVs of top QuickBooks experts. You can shortlist the best few for screening and interview. You can ask them many questions and assign a task to test their skills. We let you interview our QuickBooks experts with no obligation. Hire if you are satisfied.
Yes. Our virtual bookkeepers can help in budgeting and forecasting. They can help you create a financial plan for your business based on expenses and liabilities.
Yes, of course. We offer three engagement models to make your hiring suitable to your business needs. You can hire full-time, part-time, or for a fixed number of hours at a budgeted cost.
Yes. The remote bookkeepers use the latest tools and software for the payroll processes. Thus, you can be assured of timely payments.
Certainly! We sign the nondisclosure agreement to keep your business information private and confidential.
You can communicate with our virtual QuickBooks experts anytime for any queries or updates via emails, instant chat apps such as Skype, Microsoft teams, or slack or schedule audio or video calls.
When you tell us your requirements, we share the handpicked CVs of top tax preparers. You can shortlist the best few for screening and interview. You can ask them many questions and assign a task to test their skills. We let you interview our tax preparers with no obligation. Hire if you are satisfied.
The engagement model at CapActix is flexible and enables our clients to hire tax preparers on a return basis. They do not need to hire tax preparer full-time. Thus, they can save costs on full-time hiring and make optimal utilization of resources.
Certainly! We sign the nondisclosure agreement to keep your business information private and confidential.