Accounting Services

Business cannot breathe without accounting. We provide credible accounting services to your tailor-made and customize needs. Maintaining financial information to our clients in a timely and accurate manner, is a commitment that we feel cannot be compromised. Meaningful, well-organized financial records ensure that your business operations will run more efficiently round the clock. We have different accounting solutions for different businesses.

Accounting for Big Business and LSEs

Besides scope and spread; accountings for corporations involve some additional factors, especially the accounts that ha nexus with income taxes and equity.

Corporate accounting deals with processes such as the preparation of cash flow statements, financial records, balance sheets and more. It can be used to handle unique corporate business processes such as absorption, amalgamation and the creation of consolidated documents. Here is more about this type of accounting.

Corporate accounting is usually performed by a department of specialist accountants. They are directed to manage the financial condition of their firm under the supervision of a Chief Financial Officer (CFO) or an executive on the same level. The accountants perform a number of duties to do with maintaining financial accounts and the system of financial reporting as a whole. The activities performed in corporate accounting includes:

  • Producing Corporate Accounting System
  • Standardizing accounts of different Departments
  • Special Expense Management
  • Managing Accounts Payable
  • Managing Accounts Receivable
  • Processing Payroll for Staff
  • Separating Dual Tax Accounts
  • Managing Equity Tax Accounts
  • Periodical Review of Account Analysis

Accounting for Small Business and SMEs

As a business executive of small and medium size enterprise, you have more important things to do than to keep your own books. We take care of your books for you, so you can get back to the job of running your business and generating profits.

We offer do the following service for you monthly, quarterly and annual.

  • Reconcile your bank account
  • Create Income statement
  • Generate Balance sheet
  • Clean up your General Ledger
  • Produce Profit-and-Loss (P&L) statement
  • Provide technical consultations

These tasks form the solid foundation of your small business accounting system. You can customize the package of services you receive by adding payroll, tax planning, tax preparation, or any of our other services.

Abacus First Solutions LLC BPO Finance & Accounting Services are designed to provide a structured delivery platform alongside the most competent technical know-how for all your accounting and financial requirements. Be it accounts payable, accounts receivable, budgeting, planning, compliance, cash management or operational & financial analysis, our experts deliver absolute value beyond labor-cost arbitrage. Our proficiency with cloud and server based ERP provides CFOs with the competitive edge to stand out and excel. Empowering CFOs for breakthrough industry leadership. Abacus First Solutions LLC.

Financial Services

Every business metrics and transaction has to be interpreted in monetary terms. Finance is one imminent and unavoidable division which foresees future market and business gain for the whole organisation.

The risks associated with financial and business disclosures rests solely within this domain. Abacus First Solutions LLC scales down the finance department operations and assigns dedicated workforce qualified to handle the financial statement preparation and daily transaction recording in the books of entry.

Abacus First Solutions LLC and its clients work in tandem to streamline the outsourcing activities – in return, the clients have improved business turnovers, lowered overheads and workforce headcount.

In Finance sector – we possess the exceptional resource to understand the legislative and financial requirements of our clients who rely on us to deliver a complete financial package which starts from financial recording and ends with financial reporting.

Accounting & Finance

All business success is interpreted in monetary terms. A good grasp of global finance is the driving force in the ability to foresee future market and business gains for entire corporations. The risks associated with financial disclosure rests solely within this sector.

The finance experts at Abacus First Solutions LLC help streamline financial operations for our clients by assigning a dedicated workforce qualified to handling all manners of financial operations, such as statement preparation and daily bookkeeping. We work in tandem with our clients and through this collaboration they immediately see an improvement in performance and lowered overhead. We possess the expertise in navigating the often complicated legislative requirements of our clients, who know they can depend on us to deliver a complete and accurate financial picture.

Accounts Payable and Receivable

Great relationship with your clients, vendors and partners is one of the most valuable assets a company can have. Make the best of these relationships by using Abacus First Solutions LLC Accounts Payable and Receivables Services!

Streamlining Accounts Payables (AP) Services can give significant upside potential to your business. Abacus First Solutions LLC AP Services are based on best practices from a wide array of industries and geographies, and have a proven record of delivering excellent performance. Be sure your business never misses a due date and never fails to utilize the best payment options available. Make double digit cost reductions all over with Abacus First Solutions LLC AP Services know how.

Our wealth of industry experience as well as the advanced technologies that we employ will increase your profitability through increased efficiency and reduced cost, while giving you full control of your assets at any given time. Enjoy the efficiency of our Accounts Receivable Services all the way from billings preparation through revenue recognition to report preparation; with real time insight of your credit memos, notes handling at an efficient turnaround response time, utilizing your standard KPIs and report formats.

Operational and Financial Analysis

Make sound business decisions based on timely and accurate business data analysis. Abacus First Solutions LLC analysis services provides excellent tools for assessing the profitability, solvency, liquidity and stability of your business. Enjoy full transparency with our improved financial reporting, all compliant to your regulatory requirements. Gain maximum understanding of how the business operates from financial and operational data analysis, as well as precise KPI and Benchmark analysis.

Treasury Management

Treasury management is a key component of ensuring a company's financial stability and solvency. Treasury management services offered by the Abacus First Solutions LLC use hi-tech software applications and expert financial advice. We optimize all stages of your cash conversion cycle and ensure liquidity to improve cash flow and bottom-line performance of your business. Abacus First Solutions LLC financial experts specialize in offering customized services for the cash management needs of the customers using the latest technology setup. Our processes ensure high transparency, visibility while maximizing your firm's liquidity and mitigating its operational, financial and reputational risk. All Abacus First Solutions LLC treasury management processes are subject to strict scrutiny and best practice internal checks and controls.

Fixed Asset and General Ledger

Secure the assets your business needs and let the Abacus First Solutions LLC team handle all related activities. Our team takes care of assets throughout the asset life-cycle; starting from setting up asset valuation strategies and procedures in line with asset valuation accounting policies to asset management from procurement to validation and asset reporting.

At Abacus First Solutions LLC we understand that General Ledger is the backbone of an accounting system. This is the core reason why we approach General Ledger Accounting with unparalleled focus and dedication. Our expert team works with the client to find the best solution starting from the chart of accounts design and maintenance through journal processing, account reconciliation, correction and comment of any adjustments up to period closing and report preparation. The process is designed to ensure complete transparency at minimal cost to the client.

Management Reporting

For any business, management reports are a starting point that constitutes the basis for strategic planning and sound commercial decision making. With our roots in technology solutions and our strengths in finance & accounting, Abacus First Solutions LLC has the unique capability to understand the complex delivery requirements of our clients and transform them into dashboards which are customized to your specific business and operational requirements. We work with you to fully understand your reporting strategy and provide you with the business intelligence which enables smart decision making and helps you to meet your growth objectives.

Budgeting and Forecasting

Failure to plan is planning for failure – so let us help you plan for success! The importance of accurate, realistic and robust budgeting and forecasting are essential for any business. Increased complexity and rapid changes in the business environment make this task ever more difficult and demanding. At Abacus First Solutions LLC, our dedicated team of budgeting and forecasting experts develop workable and easy-to-understand budgets and forecasting procedures using business intelligence and predictive analysis, while taking into account future business risks. Utilizing world’s top class financial accounting software we help our clients create most realistic, mathematically accurate, and robust budgets and forecasts. Our team of experts work in collaboration with the client to prepare monthly, quarterly and yearly budget variances and provide in-depth business analysis and real-time support.

Abacus First Solutions accounting and auditing services

With professional team, AFS offers trusted business solutions to offshore and onshore clients.

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