Financial Accounting

Our strength. Your numbers.

SourceIN has substantial expertise in financial accounting. Its highly trained professionals have helped many companies to identify revenue leakages, improve order fulfillment, and optimize cost and working capital— all of which have an impact on profitability.

However, many companies find Financial accounting processes quite complex due to wide and diverse portfolio of customers with increased expectations of customization in the entire process. Globalization and consolidation of businesses have led to 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 that make the processes smarter, faster and more cost effective.

Our extensive experience in financial accounting processes for global clients enables us to identify and unlock value in a supply chain, lower costs, and build frameworks for continuous improvements. We are also experienced in almost all leading accounting software, like QuickBooks, Exact, SAGE, Financial Force, XERO,MAYOB etc. Trained professionals are flexible enough to adopt any customized ERP existing with the clients.

ORDER TO CASH

Our extensive experience in financial accounting processes for global clients enables us to identify and unlock value in a supply chain, lower costs, and build frameworks for continuous improvements. We are also experienced in almost all leading accounting software, like QuickBooks, Exact, SAGE, Financial Force, XERO, MAYOB etc. Trained professionals are flexible enough to adopt any customized ERP existing with the clients.

Receivable & Collection

Process Collections

Cash Application & Maintain GL A/C

Manage & Process Credits

Maintain Master Data

Order management and billing process

Sales Order Management

Purchase Order Management

Bank Reconciliation

End Client Invoicing

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

PROCURE TO PAY

In day to day operations, you have to deal with a host of vendors across your functions. Managing all their accounts payable issues including invoice receipts, payments, tax deductions, managing statutory compliances can be quite a hassle. Our well-defined and well-suited payable processing methodology ensures transparency to the vendors and saves time and efforts for the clients. Without adding additional manpower, we help increase efficiency in the entire accounts payable process. By consistently making timely and accurate payments, we help increase vendor satisfaction.

RECORD TO REPORT

An efficient Record to Report function is critical for ensuring that your organization meets its compliance and reporting mandates. Most organisations in recent times are changing Record to Report function from its traditional practices to making it a decision support body which provides real time updates to face upcoming business challenges. Our R2R practice helps realize this core finance function objective by equipping you 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