Virtual Accounting

Labdhie Associates provides a full range of remote accounting / bookkeeping services to various small and mid-sized entities. We provide specialist teams with a comprehensive understanding of local business and regulatory environment wherever you may need (USA, UK, Europe, Australia etc.,). Our team ensures seamless international coordination with a focus on clear and open communication, increased efficiency and value added services.

virtual bookkeeping

Finance and accounting outsourcing services have been designed to shift the focus of the entity on the core business activity and to gain a competitive advantage on account of:

  • Increased efficiency
  • Lower Cost / Reduced Overheads
  • Good Infrastructure and technology
  • Access to skilled resources
  • Added Flexibility

Our Bookkeeping and accounting outsourcing services include:

  • Processing of customer invoices, receipts , sales orders and accounts receivable processing
  • Entry of purchases/expenses and accounts payable processing
  • Check and customer payments processing
  • Bank, credit card, checking and merchant account reconciliation
  • General ledger maintenance
  • Generation of financial statements
  • Aging and collection reports
  • Monthly / Yearly closing of books
  • Entry of transactions
  • Setting up/ updating chart of accounts and maintaining ledger accounts
  • Entering Account Opening Balances
  • Setting Up a Service Item
  • Creating a Service Invoice
  • Making Deposits
  • Writing Check
  • Posting Debit Memos
  • Creating Purchase Orders
  • Entering Products into Inventory
  • Receiving Inventory
  • Paying for Inventory

We are well versed in using tools like Quick Books, Quicken, Wave, Sage, Peachtree, MYOB, Xero, SAP, Oracle, Navision, Tally and many Customized Information Systems.