Finance & Accounting
Bookkeeping & Accounting Services
As the convergence of accounting standards around the world continues, having access to key information of your business and accurate results and financial position of your business and operations is critical for your organization.
Also a result of frequent changes in Companies Act, GAAPs, Direct and Indirect tax regulations your business faces myriad complex accounting issues related to accounting, auditing, consolidations, restatements, GAAP conversion, treasury, hedging debt and equity offerings, acquisitions and more. These are major challenges and may disrupt day-to-day operations.
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SOLFiN help companies maximise value during these moments of exceptional change. We support companies with their accounting, financial reporting needs. Our practitioners combine accounting, valuation and tax expertise to help you preserve the value of your business.
We tailor solutions to your needs, allowing for a thorough approach in anticipation of the requirements of auditors, investors and regulators.
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Some of the areas where we deliver our services are stated as under:
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​Setting up of Books of Accounts (COA) , Selection of your Accounting Software
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Categorization of business income and expenses
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Bookeeping and Accounting, Financial Statements,
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Accounts receivables and Accounts Payables,
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Fixed Asset Management, Inventory Management, Payroll Management, Cost Accounting
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Working Capital Management, Cash Flows, Financial ratios
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Banking assistance, Credit card reconciliations, tracking bank payments
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Budget forecasting, Financial planning
Reconciliation Services
With about a decade of experience in the industry, SOLFIN has perfected its methods when it comes to account reconciliation. Bank reconciliations, Inter-company reconciliations and Substantiation (B/S and P/L) are some of the reconciliation services offered by us.
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Reconciliation is the process of comparing information that exists in two systems or locations, analyzing differences and making corrections so that the information is accurate, complete and consistent in both locations. All funds within the balance sheet account must be included in the reconciliation unless previous arrangements have been made. Without performing reconciliations, inaccurate recording of transactions may occur that would result in incorrect reporting and could impact resources.
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Balance Sheet Account Reconciliation: A balance sheet account reconciliation is the comparison of an account’s general ledger balance to a sub-ledger balance, bank or other third party statement, or additional documentation that appropriately supports the account’s balance. Reconciliations may be performed daily, monthly, or quarterly based on whether an account is defined as high, medium, or low risk by the business.
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Other Reconciliation Services: Firm is also engaged into other reconciliation services basis the requirement.
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Data Conversion
Using foremost technologies and experienced professionals, we will convert your unordered data into a variety of useful digital formats.
We ensure you quality and trusted solutions at competitive prices. All the projects are looked on using a range of conversion software, real-time tag parsers and validators, and many other distinct content processing tools.
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We readily convert the files into required formats as PDF to excel, Word, Powerpoint and any other form as per the requirements.
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Data Entry
At SOLFiN, we offer high level of perfection, timely deliveries, complete confidentiality and highly economic data entry services. Our data entry division offers most illustrative range of high quality and low cost data entry services preferably suited to low as well as high volume data entry projects.
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Data Entry is a enlighten and sound option for those who would like to concentrate on core responsibilities and leave data entry work to a reliable service provider who is professional in the data entry field.
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The key to the execution and success of any paperless office is associated with an organization that distinctly understands your specialized requirements.
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The services offered under this section would include Data entry in any format (Excel, word, PDF, PPT etc.), Offline-Online Data punching, Questionnaire data entry, Insurance claims data entry, Data capture etc.
Valuations and Calculations
Firm also ensures numerous complex valuation exercises based on excel links and formulae’s such as forex valuation using exchange rates from trusted sites for year end and any other specific dates requested.
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We can compute and give you the results as expected based on the calculations for any viable data available in any format.
Report Writing and Editing
Firm also has its hand-holding in drafting various types of accounting and financial reports. Some of the doings are listed as below:
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Drafting customized Expenses and Revenue analysis reports.
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Preparing dashboards for various types of analysis
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Preparation of audit templates for assisting the statutory, internal auditors
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Drafting agreements and reports (financial or non-financial)
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Summary of agreements covering all important clauses
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Drafting power point presentations
Supplementary Services
We do deliver some other accompanying services as below:
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Filing forms (financial or non-financial) based on the data availability or previous year supports in any format (excel, word etc.)
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Data mining and cleaning activities for any type Data storage
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Assistance on any type of work basis the instructions given
Client Support
Assisting customers/clients via AV on any information related to finance.
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24*7 online support through connected client servers or online portals.
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Rotating teams to client place to understand the needs/problems and giving real-time solutions & guidance
