Process Management and Accounting (PMD)
It is important in today’s times to concentrate on core business areas and outsource the non-core processes to the experts. The world has been following this model and outsourcing has grown leaps and bounds in the last two decades.
The advantage that business process outsourcing bring is:
- Better and cost-efficient management of non-core processes
- Enables to augment focus on business
- Enhances bandwidth for senior management to focus on strategic decisions
- Ensures better results and profitability while reducing operational costs
At K&P, we offer the following services under process management and accounting:
Accounting & Transaction Processing & Reporting
- Setting up Chart of Accounts, CC, etc.
- Defining MIS, Budgeting, Parent companies requirements, etc.
- Financial Accounting and Cost Accounting / Cost Records
- Designing Pay Structure
- Preparation of Financial Statements
- Assistance in Closing books for Audit Purposes & Audit Compliances
- Filing returns and statutory compliances such as TDS, FBT, Service Tax, etc.
- Maintenance of fixed assets records and physical verification
- Maintenance of inventory records and physical verification
- Preparation of MIS, reports in a timely manner
- Financial Accounting
- Fixed Assets Accounting and Verification
- Inventory Verifications Reconciliation
Remote Accounting Services (RAS)
Kirtane&Pandit has developed the unique concept of Remote Accounting Services (RAS), through which it provides accounting services remotely for both large and small companies in India and abroad. These companies use the address of K&P as the address of their accounts department.
The clientele for RAS services include IT companies, Telemarketing companies, companies in Diamond/ Jewellery, Film Production, Private Equity Funds, and Venture Capitalists, Realty Developers etc.
Payroll outsourcing is one of the key services that organizations outsource for cost-effectiveness and efficient process management.
- Standard Operating Procedures (SOPs) Development and Manuals
- Business Process Reeingineering
- Fixed Asset Management
- Account Receivable Analysis and Recovery Support
- Portfolio Due Diligence