We went into business for yourself because you’re good at what you do. You’ve got all the skills you need to provide your customers a great product or service. All of the training and experience you have, that’s brought you to this point, usually doesn’t include any accounting.
Let us help you with:
- Tax Planning
- Tax Preparation and filing
- Fighting a tax audit
- W2 and 1099 filing
- QuickBooks and Excel
- General business advice and guidance
- and more
We have an excellent client-retention rate, and we are extremely proud of the high-quality services that our firm provides. Please, feel free to browse our website to see the services we offer as well as the many helpful resources we provide. When you are ready to learn more about what we can do for you, we encourage you to contact us.
In day to day operations, you have to deal with a host of vendors across your functions.Managing all their accounts payable issues including invoice receipts, payments, tax deductions, managing statutory compliances can be quite a hassle. Through our services in APO (Accounts payable outsourcing), we at Offshore Accounting and Taxation Services have ensured that Accounts Payable can be managed smoothly and efficiently.
• Vendor contract management & archival
• Vendor bill booking, queue for payment, based on appropriate approvals
• Vendor payments in line with company policies
• TDS deductions and issue of certificates to vendors based on govt regulations
Cyntech offer unique, well-defined and well-suited customer-centric vendor portal that ensures transparency to the vendors and saves time and efforts for the clients. Some of the direct benefits, you can derive from our Accounts payable outsourcing solutions
• We adhere to SLA’s related to vendor payments and provide useful MIS for decision making about vendor performance and cost reduction
• Without adding additional manpower, we help increase efficiency in the entire accounts payable process
• By consistently making timely and accurate payments, we help increase vendor satisfaction
In today’s ever-changing and competitive world, the Finance & Accounting function is one of the key functions being tracked by management teams to continuously drive high performance and business improvement. Ongoing pressures to optimize business performance have prompted many CFO’s and finance executives to look for new approaches, including outsourcing of the finance & accounting function.
With Cyntech finance and accounting outsourcing functions, you can be assured that your fiscal and regulatory risks are being managed effectively.
Management teams can then continue to focus on accelerating business growth, while their F&A stays in capable hands, at an optimal price.
Offshore Accounting and Taxation Services has over 4 years of extensive experience in Finance and Accounting Outsourcing. We help organizations streamline, re-engineer and speed up their F&A processes, ensure compliance and thus boost productivity.
Our financial consolidation outsourcing expertise over the years can help you navigate multiple currencies, mergers and acquisitions, and evolving accounting standards and regulations – such as IFRS and local GAAP.
The companies within the group may report their financial statements in their native currency or they may well convert this into the base currency of the group at a fixed exchange rate driven by the parent company.
Tracking inter-company transactions is perceived as one of the most common problems with financial consolidation. Not adjusting inter-company transactions results in consolidated financial statements that do not offer a true and fair view of the group’s financial situation.
Many companies nowadays rely on experts for their financial consolidation outsourcing to avoid the hassles involved as they realize it is more than just adding up numbers from separate financial statements.
Mergers and Acquisitions
Consolidation can become a huge problem if the employees who actually know what the numbers mean or what the underlying policies and processes are, have knowledge pertaining to only the region/industry/domain they are operating in. When the times comes to consolidate these numbers across the mergers and acquisitions, there is a huge delay due to the different modes of accounting in the companies.
Whether you are operating in your own country or have a subsidiary abroad, it is essential to ensure that your tax and accounting affairs comply with certain policies and regulations of the country you are presently operating in as well as your own country. With our tax compliance outsourcing solutions, we strive to make this easy for you.
Many organizations have resource constraints when it comes to striking a balance between addressing statutory reporting requirements and focusing on value-added tax planning.
By consistently monitoring and keeping track of the changing statutory norms and regulations, we aim to reduce risk for the clients and bring high levels of efficiency in our process. Our tax compliance outsourcing service aims to provide:
Computation of depreciation and allowances as per tax laws…
Centralized compliance processes with an integrated service provider.
Preparation of statement of total income and tax returns.
Accountability so that management can focus on core business and growth platforms.
Enhanced visibility and control through integrated tax operations and filing.