Two Way Bridge-Offshore Accounting

Why Outsource to TWB?

Offshore Accounting

Whether you have or not the resources or expertise to carry out the maintenance of your financial records, it is profitable and wise to choose offshore bookkeeping. “Cost Effectiveness” is the most important factor that favors outsourcing of accounting, finance and taxation services. Also, outsourcing non-core activities helps you to concentrate more on core aspects of your business.

While Outsourcing any service off shore, clients are mainly concerned about the following core issues:


	Cost involved
	Deadlines
	Quality of services offered
	Security of sensitive and confidential data

TWB provides specialized and high quality accounting services at a much lesser cost. TWB focuses exclusively on using the best technology solutions & expert accounting processes to deliver an effective alternative to a bookkeeper. A combination of tested methodologies, continuous quality improvement & extensive technological & domain knowledge enable us to deliver tangible bottom-line benefits. We have a team of dedicated Chartered Accountants, thus ensuring timely preparation of financial statements, MIS reports and tax returns. MIS reports generated by our team can help the client in taking crucial decisions involving figures. Proactive approach, sensitivity towards client’s requirements and security concerns, dedication, commitment, confidentiality, value additions have been our guiding principles. We are highly passionate about our mission- “client’s growth and success”. Client’s satisfaction has been our foremost priority and is deeply embedded in philosophy and work culture of our company.



Accounting Services Offered by TWB

	Book keeping services

	Asset management ledgers

	Bank Reconciliation Statement (BRS) and Credit card reconciliation

	MIS reports like cash flow statement, budgets, ratio analysis.

	Accounts receivables and accounts payable

	Payroll processing

	Tax Return preparation.

Outsource bookkeeping and other accounting work to TWB and be sure of following advantages:

Cost savings up to 40%

Save in time, efforts, infrastructure and manpower.

Guaranteed quality work

Firm commitment towards security of sensitive data.

Access to consultancy of experienced Chartered Accountants.

Flexible approach to suit your requirements.

Focus more on core business and see your business grow.

Make informed business decisions on the basis of MIS reports.

Prepare tax returns


	How the Outsourcing system works

	Data Security

	Accounting Softwares

Few of the Accounting Services Offered by TWB

Book Keeping Services

Proper maintenance of books of accounts is the foundation of a sound accounting system that goes a long way in assisting the client in timely preparation of financial statements, financial analysis and informed decision making. Book keeping services includes:

Entries of transactions

Journal entries

Ledgers

Year end adjustment entries

Trial balance

Financial statements (profit and loss account & Balance sheet)

Asset Management Ledgers

Fixed Assets Ledgers

This includes maintenance of proper and updated records of assets. Since major part of client’s capital is invested in fixed assets, it is imperative for the client to have accurate and updated records of such assets. Proper depreciation and amortization schedules helps in ensuring that fixed assets as disclosed in financial statements are properly valued.

Inventory Records

Inventory records also play a very important role in proper presentation of financial statements. We ensure that inventories are properly valued as per the accepted accounting standards.

Bank Reconciliation and Credit Card Reconciliation

Bank reconciliation statement involves comparing balances in the our books with the balance as per bank statement. This helps in identifying unrecorded entries at client’s end. Also it helps in recording entries pertaining to bank interest, bank charges etc. This is a very time consuming exercise, particularly in case of big sized organizations. However our team saves you from this job and prepares such statements at regular intervals. Similarly credit card reconciliation helps in ensuring full control over payments made through credit cards.

MIS Reports

In order to match the expectations of our clients and to keep in line with our mission of providing “100% satisfaction to clients”, we provide wide range of MIS reports to suit the specific requirements of clients. Our tailor made solution reports are sure to act as a firm base for your informed decision making. Few examples of MIS reports that can be generated are Cash flow statements, budgets, Ratio analysis, inventory status reports, performance reports etc. These MIS reports helps the client in having full control and understanding of financial data and his financial position as on any date.

Accounts receivables and accounts payable

Many times clients are so busy in their day to day business operations that their dues recovery system becomes slow. Since money has time value, delay in collecting dues from customers results in substantial loss to the organization. One of the major reasons of delay in dues collection is absence of a well developed accounts receivables management system.

TWB helps the client in recovering their dues from their customers on time. Our company will ensure that receivables ledgers are prepared and regularly updated so that a mere glance at it will help the client in knowing their accounts receivables status. Besides MIS reports like ageing of debtors schedule will also help the client in tracking overdue receivables.

Payroll processing

Outsourcing payroll accounting services to TWB will relieve you of tedious administration and routine work pertaining to payroll accounting. Our team will handle your entire payroll accounting system, right from the managing payroll taxes and deductions (on the basis of latest state and federal payroll taxes applicable) till generating customized payroll reports. Clients are only required to sign the tax forms and pay payroll taxes electronically and relax, leaving the entire tedious payroll accounting management for TWB.

Tax returns preparation services

Ours is a team of richly experienced Chartered Accountants who are well versed with tax returns preparation and proper tax planning. We will help in timely preparation of tax returns and will thus ensure peace of mind for our clients.

Please surf around to know about our other services . Thank you for your time and interest.

Choose offshore bookkeeping and watch your profits increase.

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