Accounting is characterized by its criticality to any business function with standard procedures and the exacting attention to detail that it demands. While the function requires expert accountants and systems, the process can get extremely repetitive, making it prone to human or system errors. Today, more and more businesses are realizing that outsourcing of their accounts is a smart business proposition as compared to the costly choice of maintaining elaborate in-house accounting capabilities. Additionally, there is a growing need to cut costs, centralize accounting operations and adopt best practices by transferring the maintenance of the accounting processes to experts.

We at CGL, engage clerical staff who are qualified Accountancy Graduates and Post Graduates to process documents and post transactions. Our team of highly qualified and dedicated professionals, who are certified Charted Accountants specialized in accounting, finance, technology and transaction processing, oversee data entry, generate reports and provide workflow solutions that help you to operate more efficiently. This higher level of service digs deeper than just transaction processing and assures the analysis and reconfiguration of the entire business process. The documents that are sent are expertly processed and the financial information generated is complete, accurate and timely.

How do you Benefit ?

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Freedom from high costs in maintaining in-house accounts
Reduction in finance and accounting overheads
Greater accuracy and faster processing
Optimized collections, tax management, risk management, financial reporting etc.
Timely financial statements with comparisons with budget and to prior years, percentages and ratios of key financial data
Charts and graphs providing visual representations of your business

Our Services

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Book-Keeping
General Ledger Services
Account Reconciliation
Account Payables
Account Receivables
Tax Management
Treasury and Cash Management
Payroll Processing
Reporting and Analysis
Auditing

Operations Flow

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The basic process flow is as follows:

We receive our clients’ Accounting vouchers and documents in our office, by courier or through the medium of Internet.
The client specifies, in advance, the deliverable software package for the generation of accounts.
The documents are sorted for entry into the various accounting packages and report formats.
Data from these documents is entered in the relevant formats.
All entries are checked for correctness by our quality check supervisors.
Our team verifies files for content and completion of all files against documents received.
The completed files are then passed on to the Accounts Head for a final quality check.
The completed data files are copied on to a floppy disk, mini CD (50 Mb) or a CD (700 Mb) and sent back to the client or posted over the Internet on our secure ftp server.
The Accounts Manager maintains Daily Log sheets for monthly invoicing to client.

Quality Assurance

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Quality of the Accounting work is ensured as follows:

Certified Chartered Accountants head our quality control department
Managers and Supervisors are dedicated to quality assurance and provide an environment that supports quality documentation
Designated equipment is utilized skillfully and efficiently with proper guidelines and demonstration for use available to operators and originators of the documentation
Current reference materials are made available and are used consistently
Obvious inconsistencies, discrepancies and inaccuracies are recognized and appropriately revised, edited or clarified
Reasonable TAT (turn around time) deadlines are met
Client confidentiality and systems security are protected
Document storage and retrieval guidelines are followed