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121 Tax Consulting

Our Services

Year End Account Outsourcing

Your clients deserve an accurate report of their financial health. However, preparing year-end accounts is complex, time-consuming and laborious.

Services offered in

  • India
  • USA
  • Canada
  • UK
  • Australia

Working with accountancy practices ranging from sole proprietorships to top-20 firms enables us to produce quality accounts with cross-referenced working papers for your quick and easy review.

The accountant you hire becomes an extended part of your team and helps you prepare the full set of accounts for any size of business — from sole traders to general and limited liability partnerships and limited companies.

Our team is proficient in preparing customized year-end accounts which are in harmony with your systems and processes. We deliver quality year-end accounts with quick turnaround time and working papers in your style.

Benefits of our year-end account outsourcing services

  • Process-driven approach ensuring up-to-date financial records
  • Seamless collaboration with the onshore team for in-depth analysis and accurate reports
  • Minimizing processing time by standardizing and digitizing the process
  • Ensuring that you fulfil your state and federal obligations
  • Delivering key business insights integral to your business growth and profitability
  • Bringing in the much-needed financial discipline in your business

Scope of work

  • Analytical review and variance analysis
  • General ledger analysis
  • Reconciliation of assets and liabilities at EOY
  • Prepare extended trial balance
  • EOY journal adjustments
  • Post workings in accounts production software

What we will provide

  • Full set of accounts
  • Cross-referenced working paper files
  • Excel schedules and workings to support financial statements

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.