Bookkeeping

Properly managed books provide management with clear view of organizations’ financial health and its potential to support different business activities. To ensure this clear visibility, accounting information must be up-to-date. Whether your organization is small or large, Kaya Systems has the resources and the ability to manage your books.

We have expertise in accounting applications such as DACEASY, QuickBooks, and MYOB. With some basic training, we can also support ERP level financial applications such as SAP, Oracle, or PeopleSoft. We either remotely access computers/servers to perform the accounting function or through browser based back ends.

 

The Process

In Bookkeeping, as in any information driven service, data confidentiality is our client’s main concern. We sign a confidentiality and non-disclosure (NDA) agreement to ensure client data confidentiality. We also take internal and external security measures to protect client data. Normally, clients provide us access to their computers/servers to work on the bookkeeping/financial application. We remotely connect to the client computers/servers using different tools such as LogMeIn, GoToMyPc etc. Some clients provide us with web enabled access to their application; either way, we can work around client requirements. In a few cases, clients provide us with QuickBook files to update along with an excel file of transactions, scanned copies of receipts, and bank / credit card statements. Once we complete the task, we simply log-out and inform the client.

 

What We Do

Core Accounting Services:

  • Set up of QuickBooks
  • Accounts Receivables
  • Accounts Payables
  • Inventory Management
  • Fixed Assets Management
  • Recording and reconciliations of Bank, PayPal and Credit card statements.
  • General Ledger
  • Billing and Collection
  • Document Management
  • Online Management of QuickBooks
  • Complete Data Entry
  • Inter-Company complex Transactions
  • Mortgage, Finance and Operating Lease Transactions
  • Investments (Stock exchange, Broker accounts)

Financial Reporting Services:

  • Preparation of Financial Statements as per  IFRS
  • Budgeting, Forecasting and Variance Reporting
  • Cash Management and Cash Flow Reporting
  • Financial Analysis
  • Investment Appraisals
  • Working Capital Management