Accounts

• ACCOUNTS PAYABLES
• ACCOUNTS RECEIVABLES
• GENERAL LEDGER
• PAYROLL PROCESSING

• STATEMENT & REPORTS
• RECONCILIATIONS
• KYC PROCESS
• ASSET MANAGEMENT

Accounts payable OR Procure-to-Pay(P2P) is a current liability account that keeps track of money that you owe to any third party. Our financial experts, tools, and technology will manage all your business' accounts payable functions.

• Vendor/Supplier Creations.
• Request for Proposals.
• Quote Preparations
• PO Creations
• Invoice Creations
• Journal Entries
• Bank Reconciliations
• Outstanding Collections
• Payable Reconciliations

Our accounts receivables services OR Order to Cash (O2C) will enhance quicker cash flow and improve payment collection. Tracing, contracting, negotiating, and following up with your customers can absorb a great deal of your employees' time and resources.

• Customer Creations
• Billing & Invoicing
• Journal Entries
• Credit & Collection
• Journal Entries
• Reduce Sales Outstanding
• Receivable Reconciliations
• Resolving Account Discrepancies

The efficient maintenance of a general ledger requires plenty of time, effort, and expert accountants. If your business is short on time or resources, you can leave the same with us and leverage the benefits of a ledger that is clear, consistent, and systematic. Our experienced accountants are trained to quickly spot and rectify errors while making manual journal entries. With an expert handling your general ledger, you can quickly see a sharp reduction in the number of errors. They are capable of fast data entry and will not waste time on recognizing, understanding, and handling the issues that come up during the general ledger accounting process.

Payroll processing is tedious work. We are integrating one of your HR activities to accounts segment to ease your payroll processing. This in turn results in saving cost, focus on core tasks and enable growth without manpower and infrastructure restrictions. Process includes:

• Payroll Sheet Creation
• Time Sheet Processing
• Leave Management
• Calculation Of Dues (Taxes)
• From 16 /16A/16B
• Employee insurance calculation and updation
• Employee PF /Gratuity calculation and updation

Because strong information is the key to any business decision, your financial statements need to go beyond the minimum requirements. When you ask us to do your statements and reports, you decide to get the most accurate picture of your finances. We have a much broader range of expertise available. While you may typically only use standard bookkeeping services, other specialists are ready to step in, to offer their knowledge when you need additional services.

• P&L Statements
• Real Time Reports
• Cashflow Statements
• Sales & Purchase Report
• Balance Sheets
• Warehouse Reports
• Asset Management

No matter how diligent the accounting team is, sometimes a transaction just slips through the cracks. Reconciliation helps to catch those. Prime Global will take care of your full account reconciliation services and take care of the client's entire financial reconciliation needs as listed below:

• Clear outstanding payments
• Prepare details of variances
• Verify consistency of balances
• Precise matching of company’s book and bank balances.

KYC (Know Your Customer) is a key element of your customer onboarding process. This is important in banking and financial institutions. Based on your given data we will effectively run multiple checks and validate your customer records such as ID Checks, Documents checks, Criminal records, etc. This is a regulatory and mandatory procedure that will help you in avoiding fraud.

• Customer Identification Program (CIP)
• Customer Due Diligence (CDD)
• Continuous monitoring

Outsourcing the tax returns and filing process significantly reduces tax preparation costs. Our taxation Experts will prepare all your tax return documents and reduce your time consumption in processing the same. Hence you can focus on your core tasks. It will help in the reduction of problems and failures since we are using streamlined methodologies. Once the preparation is done, reviewed, and finalized, we update the tax file and send you a final copy for income tax return filing before the due date.