We offer bookkeeping and accounting services for all businesses. Our services include setting up charts of accounts, recording of receipts, recording invoices from suppliers, ledger maintenance, cash-flow, bank reconciliations, accounts payable, accounts receivable, payroll processing, sales tax filing and financial reporting. Our firm having pervasive experience in handling complex books and our professionals are trained in a lot of accounting software i.e. Quickbooks, Xero, Zohobooks, Wave, Myob, Sage, Quicken and etc.
The chart of accounts is a classification of all accounts used in the general ledger of a management. It is used by the accounting software to aggregate report into an entity's financial statements. It is usually categorize in order by account number, to ease the task of locating specific accounts. Accounts are usually listed in order of their arrival in the financial statements, starting with the balance sheet and continuing with the income statement. Thus, it begins with cash, proceeds through accountability and shareholders' equity, and then sustain with accounts for revenues and then expenses.
Bank reconciliation is the process when statements prepared at periodical intervals, with a view to indicate the items which cause disagreement between the balances as per the blank columns of the cash book and bank pass book on any given date.
Services we offer:
Receive bank and credit card statements via scan or email
Download statement directly from websites
Reconcile balances against statements
It states the accounting that shows company liability to pay off an interim debit to its creditors or suppliers. It indicates on balance sheet under ongoing accountability. Accounts payable also describes a business division or administration that is culpable for making payments overdue by company to creditors or suppliers.
Companies have to submit with administrative requirements that are quite complex, besides trying to accomplish the maximum possible value from disbursement and to shorten costs as far as possible. Higher business intelligence, better service levels, better controls and lower amount of processing can be achieved through automated systems based on business rules. MAS is flexible and innovative accounts payable accounting services offer customers the ability to convert their processes for accounts payable into such a system.
We offer these AP services:-
Accounts Receivable (AR) is the revenue or payment which the company will receive from its customers/clients who have redeemed its goods & services on credit. Mostly, the credit period is short ranging from few days to months or in some cases maybe a year.
In today's business world, outsourcing accounts receivable services have become popular, as cash flow is of ultimate priority in every enterprise. Generally, the business' performance becomes more certain when collections and cash flows are timely. But companies have to assure that they acquire the maximum profit from the amount they invest on managing their receivables. MAS provide accounts receivable outsourcing services that improve compilation, along with the company's lifecycle from order to cash.
Our accounts receivable exertion is in conformity with the best proceedings and delivers persistent analysis, automation, reporting, improved intelligence and flexibility.
We offer these AR services:-
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