Services
Accounting Solutions
Services
We prepare, analyze, and present financial statement in accordance with IFRS and global accounting standards to help you manage corporate tax obligations effectively.
Need to Outsource Accounting Services
- The necessity to develop a full-fledged accounting team is directly proportional to the growth of your business.
- To properly manage payables and receivables and maintain records, a business can outsource accounting or hire an accountant.
- Taking assistance from a business accounting services firm gives you time to breathe and shift focus on what’s necessary.
- However, there are many factors that a business should weigh up before going for bookkeeping outsourcing, like accountability, affordability, transparency, and efficiency.
How We Can Yelp You in Accounting Services
When you hire us as a third-party business accounting services provider to handle your accounting tasks, We at Stellar Global solutions take care of your entire accounting needs, including general bookkeeping, business transactions recording and reconciliations, tax filing and any customization required as per business requirement. Since our team takes up critical tasks just like the part of your company, the benefit Without hiring accountants, you get knowledgeable professionals to work for you in building a foolproof payment and accounting system. As highly experienced accountants render business accounting services, they can offer insights that can potentially change your cash flow and management.
Accounting Payble (P2P)
Accounts payable is the process of identifying and recognizing the supplier for goods and services purchased by company. Outstanding balance of Accounts Payable are the company’s liability. Any increase or decrease in Accounts Payable is reflected in Cash Flow Statement. This is the reason why Accounts Payable management is crucial for business to become profitable.As highly experienced accountants render business accounting services, they can offer insights that can potentially change your cash flow and management.
IT typically broke down into four steps:
- Receiving the invoice
- Reviewing the invoice
- Approval of reviewed invoice
- Paying suppliers or vendors
How we can help
- Stellar Global Solutions help you in achieving the complete internal control by neglecting the misleading invoices and helps the business in achieving desired business objective.
- We can integrate the business process which in turn makes it easy from creating a purchase order, booking of bulk vendor invoices & advances made to the vendor and final payment to the vendor after clearing the vendor line item.
Accounting Recievable (O2C)
Accounts Receivable refers to the outstanding invoices that your company has, which represent the money owed to you by the customers for goods and services delivered but not yet paid for. It will be shown in Balance Sheet till it will be realized. It is crucial for the Cash flow as it represent the revenue earned but not yet collected.
How Can We help ?
- Understanding the requirement from the business perspective & further formulating it to detailed steps from creation of sales order through unique identifier while other core activities can be streamlined including sending invoices, managing collections, processing payments and posting them to your ERP System.
- Creation of sales invoices through identifying the financial and regulatory requirement including IFRS standards and any customization required in revenue recognition.
- Booking advance received from the customer & clearing it off to customer line item.