It is always messy and massive at the same time when it comes to year-end and closing up the accounting books. It takes patience, knowledge base and professional experience. Because completing the accounting task unprofessionally is something that misleads the organization. Meru Accounting offers all kind of professional services for the year-end finalization of balance sheet. It does not matter the type of software you are using or any kind of industry your organization is belonging to.
We understand the importance of timely completion and quality of resources required to deal with the complex situations and resolving accounting insoluble problems. We provide customized year-end finalization services based on the specific industry and required specific factors. We understand how to organize finalization of accounts properly and hence, we provide constant guidance to our clientele through virtual accounting services.
Our Year-End Finalization Of Accounts Service Includes:
- Opening balances confirmation with last audited financial statement
- General Ledger scrutiny
- Prepayments and accruals computation
- Depreciation and amortization computation
- Major account receivables and accounts payable reconciliation
- Deferred Tax Computation
- Tax Expenses and Tax Liability account reconciliation and required paperwork
- Basic ratio analysis based on industry standard ratios
- Preparation of assisting schedules and workings sheets to financial statements
- Preparation of financial statements such as Trial Balance, Income Statement, Balance Sheet, Cash Flow Statement
- Advise on improving bookkeeping by the organization
