Our personalized and professional outsource services cover the full suite of accounting and bookkeeping functionality. Customers have the flexibility to choose what they require.
By outsourcing to GAAP we in essence become your accounting department and do all the accounting work.
All business mail is directed to GAAP. On a daily basis we will do your bookkeeping including invoicing, price quotation and other admin support work. We even handle you corporate communications work should you require it.
Our data centre will update ALL your accounting records on a daily basis. You will access your accounting information online. There is no need to maintain an in house accounting department.
Majority of our clients’ needs customization in their accounting process. No one business requirements are the same and GAAP believes in understanding its customers’ exact needs and developing a customized solution based on this analysis.
Depending on your unique requirements, you can choose from a wide range of services:
- Financial reporting services
- Accounts reconciliation services
- Customer order processing services
- Invoice processing services
- Virtual accountant services
- Virtual accountant services General ledger maintenance
- Assets / equipment ledger maintenance
- Expenses ledger maintenance
- Accounts receivable services
- Preparing accounts receivable reports
- Accounts payable services
- Preparing accounts payable reports
- Preparing ageing reports & summaries
- Bank account reconciliation services
- Credit card reconciliation services
- Preparing financial statements
- Trial balance services
- Preparing income statements (Profit & Loss)
- Balance sheet services
- Preparing sales reports
- Preparing purchase reports
- Cash flow statement
- Entry of transactions
- Manual Journal Entry Services
- Inventory services
- Accounting setup services
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GAAP most demanded services
- General Accounting and Bookkeeping Services: Preparation and maintenance of day-to-day bookkeeping and monthly or quarterly accounts, where we act as your accounting bookkeeper.
- Preparation of Financial Statements: Preparation of annual accounts for the statutory annual audit.
- Preparation of Tax Returns: Preparation of periodic tax, sales tax, and other returns.
- Cash Forecasting Services: Analysis of the cash requirements of the business and forecasting cash requirements.
- Payments to Creditors: Assistance with making payments to creditors while leaving ultimate control with the management.
- Cash Handling Services: Assistance with treasury functions like operation and monitoring of high-interest deposits and current accounts.
- E-accounting services: We have expertise in this area and can help you with any of your e-accounting functions.
- Accounting setup services: We can help you achieve your business objectives with our accounting setup services.
- Accounts register services
- Check writing services.
- Migration of legacy systems
- Customer invoicing services
Value-added Services
Apart from all the standard accounting and bookkeeping services, we also offer custom reports that enable customers to better analyze their revenue and expenses.
Customer Reports
Detail reports on your most and least profitable customers.
Employee Reports
Overall or detail reports showing company expenses and/or revenue associated with individual employees and year-end reports showing what their employment costs.
Break-up of Expenses
Detail report on break-up of expenses categories, such as by product line, office or region.
