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121 Tax Consulting

Our Services

On Call Accounting Services

A single point of contact in our specialist accounting advisory team, to address all your accounting needs. Pay only for the time devoted to your project.

Services offered in

  • India
  • USA
  • Canada
  • UK
  • Australia

Are you short of staff? Struggling with a high volume of work? Facing trouble meeting deadlines?

In addition to spending far less time on your year-end audit, our on-call accounting services allow you to spend far more time focusing on your business instead of paperwork. And unlike traditional billing options, you pay only for the time devoted to the dedicated project.

Our on-call accounting service provides you with a single point of contact in our specialist accounting advisory team to address all your accounting needs. Our team specializes in IFRS, Dutch GAAP and US GAAP.

What we do for you

Ledger maintenance

Providing accurate and complete general ledger, asset ledgers, expense ledgers, income ledgers and liability ledgers for the business.

Bank reconciliation

We report on extraordinary un-reconciled items as part of our service for reconciliation of bank books and bank records.

Accounts receivable and payable

We report your outstanding balance with vendors, and your customers’ outstanding balance with your business.

Cash flow management

We report on your cash movement to help you identify and control cash-related areas — one of the most beneficial points for any company.

Scope of work

  • Generate reports and analyze financial data
  • Evaluate cash flow and improve profitability
  • Prepare budgets
  • Strategic tax planning and financial forecasting
  • Accounting systems set-up, chart of accounts and general ledger
  • Internal controls for fraud prevention
  • Quarterly, monthly and annual financial statements
  • Use and sales tax processing
  • Profit statements and balance sheets
  • Custom financial reports
  • Business tax returns

Advantages of outsourcing

  • Reap time and efficiency benefits by outsourcing non-core activity.
  • Relieves employee pressure from time-bound and voluminous routine clerical activity.
  • Cost benefit — technology, salary, infrastructure.
  • Improve company and HR focus.
  • Free internal resources for other purposes.
  • Gain access to continuously changing and improving technology.
  • Enhance efficiency.

Still confused about our features? Get a consultation

If you have any queries regarding our services, feel free to contact us.