Account Reconciliation is the act of confirming that the ...



Bookkeeping Accounting services gain the bookkeeping business advantage...

Jourdan Accounting Agency’s bookkeeping services offers comprehensive bookkeeping accounting services for companies and organizations of all types and individuals as well. Our bookkeeping services are a unique combination of bookkeeping and accounting software skills, people competencies and efficient processes that conform to corporate standards, but not at a corporate price. We provide a wide range of bookkeeping and accounting solutions which include the following:

Bookkeeping Accounting Services

• Accounting Reconciliation

• General Ledger Maintenance

• Inventory Reconciliation

• Payroll Processing

• Cash Flow Management

• Payroll Administration

• Budgeting

• Credit Card and Bank Reconciliation

• Taxation Services

• Accounting Software

Account Reconciliation - helping your business achieve financial success...

Account Reconciliation is the act of confirming that the balance in one's checkbook matches the corresponding bank statement. Account Reconciliation is crucial to ensure accurate and comprehensive financial reports, because it identifies errors and inconsistencies requiring correction by verifying the accuracy of each account. This is an area of Accounting that requires a professional and vigilant approach by well qualified and experienced Accounting personnel. Jourdan Accounting Agency is a leading business service provider with experience in providing comprehensive Accounting and Bookkeeping services to a diverse range of clients. Outsourcing your Account Reconciliation requirements is a wise option as it can help reduce the time you spend manually reconciling your accounts. We can support the entire back office function for any business in Account Reconciliation.

We have an experienced team of accounting personnel to efficiently manage your Accounting processes. Jourdan Accounting Agency offers you the choice to leverage our knowledge of best practices and accounting standards.

We will provide you with various levels of information to facilitate the reconciliation of your Business Operating Account statement for a fixed period. We can perform Account Reconciliation most efficiently for any account in which complete and accurate records of the transactions are maintained. We accept records maintained in a manual filing system or on a computer program.

The scope of our Account Reconciliation service includes:

• Comprehensive reports in balance with your bank statement

• Flexible reconciliation periods

• Reconciliation reports in electronic files or paper

• Full Reconcilement

• Partial Reconcilement

• Deposit Reconcilement

• Check Sequencing

• Paid checks matched against the issued check list

• Client-specific formats accepted for input data

General Ledger Maintenance - access & control financial records!

Outsourcing the technically demanding accounting activities such as General Ledger Maintenance allows businesses to concentrate more on their core activities. Jourdan Accounting Agency is a leading business service provider with experience in providing comprehensive Accounting and Bookkeeping services to a diverse range of clients. We can support the entire back office function for any business in General Ledger Maintenance. We deliver results in line with the client’s accounting manual and local statutory regulations. We can tailor our solution to your mission-critical business needs and preferences. Our approach is based on understanding the core commercial issues. We are dedicated to give you the best possible service ensuring more profitability and cash flow in your business.

We help our customer to record and analyze financial data and prepare financial statements and reports. Our comprehensive General Ledger Maintenance solution supports consolidated financial reporting across organizational lines.

The scope of our General Ledger Maintenance service includes:

• Reviewing monthly expenditure reports

• Processing month-end general ledger reports

• Year-end closing of the general ledger

• Balance Sheet

• Profit and Loss Statement

• Preparing records for review by the auditors

• Software support

• General accounting system set-up

• Accounting processes and controls

• Pre-Audit assistance

• On-demand support to your Accounting personnel

• Multiple Companies

• Company/Fiscal Year

• Chart of Accounts

• Account Duplication

• Account Defaults

• Main Accounts for Profits and Earnings

• Period Status Control

• Detail General Ledger by Account

Inventory Reconciliation - At your Service

Proper inventory reconciliation management is a very important area of concern as far as successful and efficient auditing and financial control is concerned. Many companies, business houses, organizations and commercial and financial institutions lack the necessary policies, procedures and training to ensure that their periodic financial statements accurately reflect the real picture. Outsourcing this mission-critical function is a wise option in this context. Outsourcing Bookkeeping Services (OBS) is an offshore Accounting and Bookkeeping service provider with specialization in inventory reconciliation.

We have expertise in deploying comprehensive inventory reconciliation solutions to a diverse range of customers worldwide. Our extensive domain knowledge and experience in the industry enable us to be leaders in providing end-to-end and point solutions for inventory management requirements of businesses of any size and status.

Payroll Processing with an advantage

Why payroll processing? calculating wages and deductions, correcting payroll errors by keeping updated with tax law changes is a challenging process that requires outstanding execution skills. Banking and finance, insurance, retail, manufacturing, transportation, automotive, pharmaceutical, media and entertainment, or any other professional service, whatever be your industry Outsourcing Bookkeeping Services (OBS) have the resources, staff, processes, and technology to support your business’ payroll processing requirements. Our aim is to increase the efficiency and profitability of our client’s by making their business processes easier.

Unique approach, competitive pricing, quick turn-around time and valuable customer service have made OBS a global player. You can outsource your Payroll Processing task to us. By perfectly combining advanced, web-based technology with innovative outsource workforce management, we make you free from the hassles of calculating wages and deductions.

We offer the advantage of single-source support that assists you in areas such as:

• Electronic data entry — timesheets and calculations of bonuses, overtime and commissions

• PAYE and national insurance deductions and net pay calculations

• Year-end returns

• Statutory sick pay and statutory maternity pay

• Making calculations and paying your local, state and federal taxes

Special features of our Payroll Processing Service

• Client accessible portal that provides comprehendible reports

• Email payment notifications for employees

• Email reminders that tell you when it’s time to process payroll

• Real-time preview that ensures the results are accurate before you approve payroll

• Guaranteed accurate federal, state, local and voluntary withholding calculations

OBS have the resources, experience, and deep industry expertise to provide best-of-breed technologies and top-tier business payroll processing service. We will be pleased to give you a quick overview of our payroll processing service. Contact us today to know more about...

Payroll Administration - The employee management solution

Employees are the greatest asset of any organization and paying them is a basic requirement. Payroll Administration — calculating the actual payroll amounts and deductions, writing checks and making quarterly and year end filings for federal, state and local payroll taxes — is a complex process which requires outstanding execution skills. Continuous investment in innovative technologies and experienced manpower enable Outsourcing Bookkeeping Service (OBS) to provide you with the best-of-breed technologies and top-tier business Payroll Administration service.

Our success as a global player till date stems from our reputation for professionalism and service. The excellence gained through working closely with diverse industries such as manufacturing, transportation, automotive, pharmaceutical, media and entertainment stands us in good steed. In each multinational payroll engagement, OBS performs as the client’s payroll department, managing its people, processes, technology, data and costs.

We offer the advantage of single-source support that assists you in areas such as:

• Calculation and production of pre-signed and enveloped checks

• Direct Deposits

• Online payroll entry

• State and federal quarterly and year-end returns and reports — processing and filing

• W-2 Processing and Distribution

Special features of our Payroll Administration Service:

• Detailed, comprehensible payroll reports with departmental breakdowns

• Fully automated time clock and attendance systems support

OBS have a demonstrable record of building long-term relationships with many leading organizations. Our Payroll Solutions enable global organizations in managing the payroll administration and regulatory compliance for all their employees while avoiding the overhead costs of payroll administrators and payroll systems in each country.

OBS provide best-of-breed technologies and top-tier business Payroll Administration service. If you are interested in outsourcing your Payroll Administration task to us, we will be pleased to give you a quick overview of our Payroll Administration Service. Contact us to get started today!

Cash Flow Management - monitors, analyze, and adjust your business...

Cash Flow Management has a key role in the success of any business; it is equally important as your business’s ability in delivering goods or services. Maintaining a healthy cash flow is a challenging task for most businesses. Outsourcing Bookkeeping Services (OBS) offers a wide range of cash-flow management solutions that assists you in effectively managing the cash flow of your business.

Narrowing, or closing, cash flow gaps are vital to cash flow management. Analyzing the components such as accounts receivable, accounts payable, credit terms, credit policy and Inventory helps to identify the problematic areas that lead to cash flow gaps for your business. OBS have an excellent team of professionals to analyze all the components that affect the timing of your cash inflows and cash outflows.

Our success as a global player till date stems from our reputation for professionalism and service. The excellence gained through working closely with diverse industries such as manufacturing, transportation, automotive, pharmaceutical, media and entertainment stands us in good steed.

OBS offers the advantage of single-source support that assists you in areas such as:

• Cash flow planning

Cash flow planning involves forecasting and tabulating all significant cash inflows and analyzing the timing of expected payments in detail. Our highly skilled professionals prepare comprehensive monthly cash flow projections that can assist you in tasks such as budgeting, business planning and fund raising.

• Cash Flow Budget

Cash flow budget enables you to predict cash inflows and outflows over a certain period of time. This will help you in taking cash flow management steps to ensure that the gaps are closed, or narrowed.

We have highly skilled professionals, processes and state-of-the-art technology to address your needs. OBS delivers integrated solutions that go beyond recommendations and reports.

Monitoring cash flow and forecasting future profitability are fundamental to effective business management. OBS provides your business with a wide range of cash-flow management solutions that offer convenience and opportunities to better manage your cash flow. If you are you interested in finding more information to outsource cash flow management tasks please contact us.

Budgeting - Your Money Saving Resource

Budgeting is the most effective way to keep your business - and its finances - on track. Once your business starts functioning, it is essential to plan and tightly manage its financial performance. Outsourcing Bookkeeping Services (OBS) Budgeting solutions effectively control your cash flow, permitting you to invest in new opportunities at the appropriate time.

Budgeting, an ongoing process is the foundation for success, in any organization. OBS budgeting solutions provide distributed modeling and calculation capabilities that give your managers the power to monitor and control operations while staying connected to the corporate planning process.

Budgeting requires great attention to details and quick processing skills. By utilizing a unique methodology, we assess the business risks associated with the budget and forecast processes. We then analyze key performance indicators through the data collection process and management review. Our professionals develop detailed implementation plans based on these assessments.

Advantages of our Budgeting solutions:

• Helps you in focusing on common goals

• Assists in preparing for emergencies or unanticipated expenses

• Enables you to take confident financial decisions

• Reveals areas where you’re spending too much

• Creates extra money for your business to use on things that matter to you

• Effectively mange your money and keeps you out of debt

• Reduces budgeting cycle

• Ensures accuracy and consistency of your budgets

• Improves financial planning and governance efficiency

• Improves decision-making

OBS by perfectly combining highly skilled professionals and efficient processes work closely with you to put your money to work for you. This way you are not controlled by your finances and forever falling short of your financial goals. Our experience has grown over years. We have a demonstrable record of building long-term relationships with many leading organizations across diverse industries.

OBS assist with your budgeting by reviewing historical results, obtaining the necessary management information and preparing the budget for presentation. If you are interested in finding more information to outsource your Budgeting requirements, please contact us.

Credit Card and Bank Reconciliation - move your account to us...to feel free!

Credit Card reconciliations and Bank Reconciliations are complex processes that require outstanding execution skills. Most organizations regularly write thousands of checks, make many deposits and receive many receipts from their customers. Reconciling the amount in the company’s books with the amount on the bank statement is a complicated process. Outsourcing Bookkeeping Services (OBS) checks the accuracy of your bank statement details, payments made into your account and withdrawals from your account that helps to identify the problems.

Our Credit Card and Bank Reconciliation service is most beneficial for organizations that regularly issue great number of checks or find the reconciliation of disbursements to be time consuming. OBS have an excellent team of CPA’s to work closely with you to adjust the balance in your bank statement through complicated processes like adding deposits in transit, deducting outstanding checks and adding or deducting bank errors.

Our experience in the field of Credit Card and Bank Reconciliation has grown over years. We have successfully positioned ourselves as a global player by constantly upholding the highest standards of business ethics with our commitment to quality. You can outsource all your Credit Card and Bank Reconciliation requirements to us and focus on other core business activities.

Special features of Credit Card and Bank Reconciliation Service:

• Competitive pricing

• High data security

• Responsive customer support

• Efficiently documented, mature programs with on-line knowledge base

• A wide variety of reports reflecting debit and credit activity, and exceptions that have occurred on the account

OBS possess best-of-breed technologies, and highly skilled professionals to provide you with top-tier Credit Card and Bank Reconciliation service. If you are interested in finding more information to outsource your Credit Card and Bank Reconciliation requirements, please contact us.

Taxation Service - Plan your taxes...Save your money

Taxation service is your continuous connection to the bookkeeping. Every government has seen taxation as a major source of revenue. The taxation service involves the preparation and submission of tax related documents. It requires great attention to details, quick processing and adherence to norms. In today’s complex business environment global organizations see their tax adviser as a key person who can help them achieve growth and enhance shareholder value. Outsourcing Bookkeeping Services (OBS) with a wide range of taxation service assists clients in efficiently managing their taxation liabilities and relationships with the various revenue authorities.

Our tax advisors work closely with you to minimize your taxes and maximize your profits, leaving you enough time to focus on other core business activities. OBS conduct regular tax briefings to the key personnel of all of its clients to keep them updated with tax regulation changes. Our people with deep industry experience and extensive business knowledge are focused on your needs to deliver integrated solutions that go beyond recommendations and reports.

Accounting and bookkeeping - Quality Assurance

At Outsourcing Bookkeeping Services, we work on the philosophy of quality, accuracy, and timeliness. We combine proven operational methods and error-free quality control system with state-of-the-art technology to deliver unmatched solutions for your accounting and bookkeping requirements. A unique quality assurance methodology that conforms to international standards is followed to ensure that your projects are completed on time and without any scope for errors.

High priority is given to meet client requirements under any circumstance. Many of our clients complements for accomplishing their voluminous and complicated projects within the deadline and with 100% accuracy stands testimony to this. We achieve this by implementing a quality control procedure that passes through different stages and through the hands of experienced and well qualified quality controllers.

The basic quality parameters are ensured even while the work is being carried out by our highly qualified and talented group of professionals. An experienced team of CPA's and accounting personnel with the requisite Chartered Accounting certifications efficiently manage your Accounting processes. Outsourcing Bookkeeping Services offers you the choice to leverage their knowledge of best practices and accounting standards.

Professional expertise and experience handling almost all the popular and widely used software is also an advantageous factor in the Quality Assurance process of Outsourcing Bookkeeping Services.

Security of Data

We follow stringent data protection policies matching industry standards to prevent any unauthorized access to the clients’ highly sensitive and business-critical data and information.

Accounting and Bookkeeping services - Pricing Structure

The standard rate of our Accounting and Bookkeeping services varies depending on the quantity of work involved. A number of other factors also influence our pricing structure.

The custom quotes for Accounting and Bookkeeping services are tailored to accommodate your specific needs and circumstances. With each quote request, we make an assessment taking into consideration the quantity and complexity of the work involved and turn-around-time required. On the basis of this, we offer a custom quote. In case we cannot help due to technological/software incompatibility or other genuine reasons, explanation will be given.

Since each quote is tailored, it may take a few days to perform the review and send the custom quote.

Our Accounting and Bookkeeping service rates are competitive and affordable. We provide quality service at rates that give maximum advantage to our esteemed customers. At Outsourcing Bookkeeping Services, clients’ satisfaction is given priority over our profits.

Why Bookkeeping for Business?

Bookkeeping is an essential process of every business; it keeps track of business finances, including transactions on a daily basis. Financial analysis, based on business records is the key tool in the success of every business. Accurate bookkeeping assists organizations in answer important questions like:

• Is your business making money, or losing it?

• Is your business on sound financial ground, or are troubles lurking ahead?

• Are expenditures increasing faster than sales?

• Which expenses are too high based on the level of sales

• Is there any expenditure which appears to be out of control?

A sound bookkeeping system acts as a foundation, where all this valuable financial information can be constructed.

Significance of efficient bookkeeping

The Internal Revenue Service (IRS) advises that every taxpayer — business or individual — must use a consistent accounting method, to report income and expenses. Accurate and timely financial information is highly essential for running any business successfully. Below given are some reasons that clearly indicate the necessity of effective bookkeeping system:

• Assists in monitoring the success or failure of business

Accurate records and financial information enables every organization in monitoring the success or failure of business.

• Provides necessary financial information

Accurate evaluation of financial consequences is essential for every business to take any crucial business decision.

• Assists in obtaining bank financing

Financial institutions usually demand financial statements such as balance sheet, income statement, and cash flow budget for the most current and prior years, as well as your projected statements showing the impact of the requested loan.

• Assists in obtaining other sources of capital

When business require capital or outside investors they will have to produce a lot of financial information to the prospective partner for getting a clear financial picture about the business.

• Assists in budgeting

Budgeting enables organizations to be on track by forecasting cash needs and helping in controlling expenditures. Good bookkeeping assists organizations to have solid financial information in preparing budget.

• Helps in income tax return preparation

It is mandatory for businesses — proprietorship, partnership, or corporation — to file income tax return and pay income taxes. Poor bookkeeping may result in underpaying or overpaying your taxes and/or filing late which results in paying penalties.

• Assists in complying with federal and state payroll tax rules

Businesses are required to give their employees and the government W-2 forms, which must agree with the quarterly payroll returns. Sound bookkeeping practices make compliance with all these payroll rules easy.

• Assists in submitting sales taxes

Bookkeeping assists business in computing the tax due and preparing the required reports.

• Assists in distributing profits

Bookkeeping assists every business — proprietorship, partnership, or corporation — in determining the exact amount of profit to distribute among partners.

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