Financial Accounting

Our strength. Your numbers.

Due to the diverse portfolio of customers, companies find financial accounting processes complex. Customers expect an increased level of customization throughout the process. On the other hand, globalization and consolidation of businesses have led to an increased requirement for standardization and automation of processes across the value chain.

SourceIN understands the complexities and dynamics of accounting processes and offers end-to-end services making the processes smarter, faster, and cost effective.

Our trained professionals are supporting companies identify revenue leaks, improve order fulfilment, and optimize working capital, to positively impact profitability, while adhering to norms and standards.

ORDER TO CASH

With our extensive experience in financial accounting processes, we can identify and unlock value in a supply chain, lower costs, and build continuous improvement frameworks. Besides QuickBooks, we also have experience with Exact, Sage, Financial Force, XERO, MAYOB, etc. The professionals at our firm are flexible enough to adapt any ERP system customized to the client's requirements.
  • Receivable & Collection
  • Process Collections
  • Cash Application & Maintain GL A/C
  • Manage & Process Credits
  • Maintain Master Data
  • Order Management & Billing Process
  • Sales Order Management
  • Purchase Order Management
  • Bank Reconciliation
  • End Client Invoicing

PROCURE TO PAY

Managing vendors and their accounts receivable issues including invoice receipts, payments, tax deductions, managing statutory compliances can be quite a hassle. In addition to ensuring transparency for the vendors, our matured payable processing methodology saves our clients' time and effort.

The entire accounts payable process can be made more efficient without adding additional staff. This leads to increased vendor satisfaction with accurate and timely payments.

  • Accounts Payable
  • Payments and Remittances
  • Reimbursement Processing
  • Vendor Data Management
  • Inter Company Adjustment
  • Financial Integrity
  • Vendor Statement Reconciliation
  • Creditor Reconciliation
  • GL Reconciliation
  • Payment Processing & Put up in Bank

RECORD TO REPORT

An efficient Record to Report function is critical for ensuring that organizations meet their compliance and reporting mandates. Recent times have seen organisations shift to using it as a decision support tool that delivers real-time updates to prepare for new business challenges.

Our R2R practice helps realize this core finance function objective by equipping teams with industry leading best practices, robust proprietary tools, technology enablers and strategic alliances.

  • Month Closure Processing
  • Inter Company Accounting
  • Fixed Asset Accounting
  • Period Close and Consolidation
  • Account Reconciliation and Analysis
  • Financial Reporting
  • Financial Reporting
  • Management Reporting