Outsourced Accounting Services
Arabella’s approach toOutsourced Accounting Services (OAS) is depicted by a commitment to providing customized, high-quality, and cost-effective services to clients. We work closely with our clients to understand their needs and support them to succeed.
Bookkeeping Services
Accounts Payable
Accounts Receivable
Bank Reconciliation
Financial Reporting
MIS Reporting
Budgeting & Forecasting
Intercompany reconciliations
Our outsourcing services for US accounting offer a comprehensive solution to help businesses manage their financial operations. Our services include:
- Bookkeeping: Our bookkeeping services include the maintenance of accurate and up-to-date financial records, such as invoices, receipts, and bank statements. This ensures that businesses have a clear picture of their financial performance and cash flow.
- Account Payable (AP): Arabella provides services for the Receipt of invoices, processing of invoices, approvals, payment processing and reconciliation services to support an organisation in respect of its financial obligations to vendors and suppliers for goods and services procured.
- Accounts Receivable (AR): Arabella helps organisations in managing payment receipts for goods and services provided to the customers, and provides services for invoice creation, payment tracking, collections, reconciliations, and reporting. Our accounts receivable implementation is in accordance with the best practices and delivers frequent analysis, automation, reporting, improved communication, and flexibility.
- Bank Reconciliation: Timely reconciliations are the key to the success of businesses. Arabella facilitates timely reconciliations of bank balances as per the company's financial records with the bank statement. The reconciliation procedure is the result of several factors like outstanding checks, accumulation of service fees, or even interest payments. The process involves cross-verification of bank transactions as per books of accounts and transactions/balances with the bank's record.
- Financial reporting: Our financial reporting services include the preparation of accurate and timely financial statements, such as balance sheets, income statements, and cash flow statements. This helps businesses understand their financial performance and make informed decisions.
- MIS Reporting:MIS Reporting: Team Arabella ensures the generation of relevant financial and non-financial information to assist management in making informed business decisions. Under the outsourcing accounting services. Arabella prepares periodical reports as per prior discussions and agreements with the management and delivers MIS reports as per prescribed timelines.
- Budgeting and forecasting: Our budgeting and forecasting services include the preparation of accurate and reliable financial projections, helping businesses make informed decisions and achieve their long-term goals.
- Intercompany Reconciliations: In the case of multi-company operations, multi-city or multi-country operations, the team Arabella facilitates intercompany reconciliations between the group entities on a periodical basis.