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Payment research
Ever been concerned about the actual payments to any of your vendor
or are willing to know as to how much has been paid towards a particular
project or cost item, XpFinance can do these research on your
behalf you to those.
Credit card Processing Reconciliation
All credit card sales and expenses will be reconciled to ensure that
all receipts and expenses have duly converted into cash and reflect
in Bank account. Quite many a time the sales item get lost in processing
and therefore, remain unaccounted for and this means huge loss to
the business.
Inventory Reconciliation
Needless to say the importance of inventory management and its impact
on the overall performance on the entire company. Earlier detected
discrepancy in inventory can save companies millions of dollars. XpFinance can deliver periodic (as short as weekly) report on the inventory
and reconcile it based on different reporting systems that the client
company has in place. Already in place inventory reconciliation systems
will also prove to be a time-saver in compiling financial statements,
in addition to providing signal to management regarding the theft,
inaccuracy etc. in inventory management.
Timesheet collection and work hour reporting
Employees spread round the globe working on different project are
hard to keep track of. We, at XpFinance, can take this tedious
task of timesheet and work hour reporting management from your shoulder
and efficiently deliver to you in one concise report all worked hours
on a periodic basis.
Online Client Billing
We can take charge of your billing department completely. With 24
hours turnaround time, invoices are entered into the accounting software
and mail out to you in PDF. If you prefer, we can send invoices to
your client directly on your behalf and follow up for the payment
as well. We can also work backward to do research and find out if
all the products and services have been invoiced to the customer,
any missing or double invoice issue can be checked out too.
Internet Based Research
We are capable of delivering Internet based research on accounting,
finance and tax areas. These research items could either be one time
or done on regular basis as different items for example, tax rate,
entity, departmental address change.
Suspense account clearance
We can take up a full detail research to clear up the Suspense account
that has accumulated over the time. It helps to clear many unknown
expense and receipts item and therefore help to reflect the true financial
picture of the business.
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