Extend your office.
Foster better customer relations.
And leave the accounting to us.

"Fueled by the Internet and continuous cost reduction imperatives, offshore outsourcing is becoming a "must-have" strategy." - Dr. Andrew Whinston, Hugh Roy Cullen Centennial Chair Professor, University of Texas at Austin

Accounting is the practice of planning, maintaining and auditing financial accounts. It can also include the reporting of business liabilities, assets and a company’s state of financial performance.

As a business owner, your time must be best spent on building customer relationships, instead of getting caught in mundane logistical issues. That's precisely where we step in.

At Arouba, we help you plan as well as manage the most critical, yet non-core functions of your business. And reduce your bookkeeping & other accounting problems in a more efficient, productive, and profitable manner.

In the present market, to remain competitive, it's imperative to rethink your strategies. We, at Arouba, understand the intricacies involved. So when you sign up with us to outsource your accounting work, no matter how small or large your work is, be assured about having a partner that will match your service requirements

Our steps to High Quality Output are as follows:

• Book Keeping
  1. Processing expenses and incomes
  2. Processing cash and bank transactions
  3. Monitor vendor' outstanding
  4. Monitor customer' outstanding & collections
  5. Liaison with banks and other financial institutions
  6. Prepare monthly/ quarterly MIS reports
  7. Prepare financial statements.
  8. Ensure statutory compliance
  9. On-line Support for query resolution
  
  
• Accounts Payable Management
  1. Prepare purchase orders (PO)
  2. Reconcile purchases with PO terms
  3. Account invoices
  4. Ensure statutory compliance
  5. Track vendor' balances
  6. Monitor payments to ensure maximum credit
  7. Prepare checks for printing
  8. MIS reports tailored to client specific requirements
  
  
• Accounts Receivable Management
  1. Prepare invoices
  2. Maintaining customer master record
  3. Applying miscellaneous cash receipts
  4. Month-end processing
  5. Ensure statutory compliance
  6. Prepare sales orders
  7. Track client balances
  8. Follow-up for timely collections
  9. MIS reports
  
  
• Bank Reconciliation
  1. Reconcile book balances with bank balances
  2. MIS reports
  
  
• Fixed Asset Management
  1. Assign numbers for every item
  2. Calculate depreciation and tax
  3. Retiring or reversing retired assets
  4. Performing asset transfers and recording asset adjustment
  5. Prepare and maintain fixed assets register
  6. MIS Report
  
  
• Billing and collections
• Clearing and settlements
• Liability processing
• Processing of refunds
• Adjustment and transfers
• Bookkeeping
• Accounts payable / receivable reconciliation
• Cash flow statement
• Financial statements.
• Operational Reports
• Creditors/Debitors Account
• Creditors/Debitors Account Reconciliation
• Reconciliation and Analysis