Advice and suggest changes on all day to day process to be tax compliant, so that all Tax paid can be claimed by the business. (else will hit as 5% Cost)
Srcuitanise any new Activity/Process and give the tax treatment advice to make sure it is tax complied
Trail Balance Review [Monthly]
Sales Review [Weekly]
Purchase Review [Weekly]
Bank Reconcillation Review
Vat Input and Output Account and Calculation Review
Supplier Aging Report Analaysis
Receivable Aging Report
Monthly Profit and loss
Monthly Balance Sheet
Accounts Payable- Recording of Invoices related Goods and Expenses
Accounts Payable- Payment Recording and Processing
Accounts Receivable- Uploading /Recording of Sales and Sales Returns & Ageing Analaysis
Accounts Receivable- Receipt Recording and Matching with Invoices
Bill Payment- Recording of Recurring Expenses and Payout
General Ledgers- Accounting of all Transactions other than Sales and Purchases
Payroll & Check Registers- Processing Salary and Accounting the Payroll Costs
Bank Reconciliation- Reconciliation to match the Book balance with Bank balance
Preparation of Financial Statements as per FTA Requirement :-
Trail Balance
Profit and Loss Account
Balance Sheet
Customized Reports- All sorts of reports to enhance the business and highlighting future commitments
Budget Preparation - Budget for the current and coming period
Vat Input and Output Account and Computation and Reconciliation as per FTA regulations
Prepare the VAT return and Calulate the Net VAT to be paid
Compliance Activity
-Make sure all the Sales , Purhcase Process are Tax complied
-Make sure all Documents - Sales Invoice , Purchase Invoice, Credit Notes , Debit Notes are Tax complied
-Change all day to day process to be tax complied , so that all Tax paid can be claimed by the business, else will hit as 5% Cost
-Any New Activity/Process will scruitanise and give the tax treatment to make sure it is tax complied