Outsource Your NetSuite Accounting with Confidence
- Focus on your core business activities
- Improve financial visibility and control
- Enhance operational efficiency
- Reduce risk and ensure compliance
Transform Your Business Today!
NetSuite Accounting Seat for Corporates
Our team of experts has in-depth knowledge of NetSuite, covering the full spectrum of accounting functions, including:
- Bookkeeping
- Accounting Transactions
- Reconciliations
- AR/AP
- Monthly Close
- Accounting Automation
- Fractional Controller
- Reporting & Insights
- Audit Preparation
- More
With specialized expertise in each area, we ensure seamless integration and maximum efficiency for your accounting operations.
Why NetSuite Accounting Seat?
One of the key platforms that integrates almost all accounting tasks seamlessly is NetSuite. However, finding skilled resources who understand your business and are aware of the software inside out, can be challenging.
Our NetSuite Accounting Seat is designed to help corporates navigate through the accounting processes easily.
NetSuite Accounting Seat Engagement Models
Bookkeeping Seat
Expert bookkeeping for accurate financial records.
Scope of Service:
- Bank and credit card statements CSV upload through our app
- Categorization of bank and credit card feeds
- Matching of deposits
- Bank and credit card reconciliation
Record-to-Reporting Accounting Seat
Comprehensive accounting from data entry to financial reporting.
Scope of Service:
- Data Entry:
- Accounts payable and accounts receivable processing
- Journal entries and general ledger maintenance
- Bank and credit card reconciliations
- Processing of payroll and benefits
- Accounting Operations:
- Accounts payable and accounts receivable management
- Cash management and forecasting
- Management of accruals and prepayments
- Compliance with accounting standards and regulatory requirements
- Financial Reporting:
- Preparation of monthly, quarterly, and annual financial statements
- Balance sheet, income statement, and cash flow statement preparation
- Analysis and interpretation of financial results
- Identification of trends and areas for improvement
- Compliance and Governance:
- Compliance with Generally Accepted Accounting Principles (GAAP)
- Compliance with financial reporting requirements
- Maintenance of accounting policies and procedures
- Internal control evaluation and recommendations
- Financial Analysis and Advisory:
- Financial modeling and forecasting
- Budgeting and variance analysis
Identification of cost-saving opportunities - Financial planning and strategy development
Accounts Payable Seat
Efficient AP management for timely payments and cost savings.
Scope of Service:
- Receiving/downloading vendor invoices on behalf of your company
- Validating the invoices against Purchase Order
- Sharing mismatched/ disputed invoices with vendors for correction
- Issuing matching invoices for approval as per Approval Matrix
- Following up for approvals
- Booking duly approved invoices in the AP System / Books of accounts
- Issuing AP payment list as per vendor credit period
- Liaising with vendors and attending to vendor queries if any
Accounts Receivable Seat
Streamlined AR management optimizing cash flow and reducing bad debt.
Scope of Service:
- Preparation of sales invoices on behalf of your company
- Follow up with your customer for invoice payments
- Issue of invoices to customers
- Follow up with customer for invoice payments
- Updating books of accounts for inward receipts
- Resolving invoice related issues with customers if any
- Flagging long outstanding or stuck-up cases with management
- Sharing AR report and dashboard at agreed time intervals