Cognoscente Global

Bookkeeping

Daily Sales Transactions Updating: We promptly record and update all sales transactions, ensuring that your revenue records are accurate and reflective of your business operations.
Weekly/Bi-weekly/Monthly Payroll Updating: We handle the timely updating of your payroll records, whether it's on a weekly, bi-weekly, or monthly basis, ensuring that your employees are paid accurately and on time.
Updating of Bank Entries: We promptly update your bank entries to reflect all financial transactions, including deposits, withdrawals, and transfers, providing you with real-time visibility into your cash flow.
Booking of Business Credit Card Expenses: We accurately record and categorize all business credit card expenses, ensuring that your financial records are complete and compliant with accounting standards.
Monthly Bank Reconciliations: We perform monthly bank reconciliations to ensure that your bank balances match your accounting records, identifying and resolving any discrepancies in a timely manner.
Entering Customer Invoices: We efficiently enter and update customer invoices, helping you track outstanding payments and manage your accounts receivable effectively.
Entering Vendor Invoices: We promptly enter and update vendor invoices, ensuring that your accounts payable records are accurate and up-to-date, and that payments are made in a timely manner.

General Ledger

Recording of Financial Transactions:
Recording all Revenue and Cost of Goods Sold (COGS)
Maintaining Various Ledger and Sub Ledger accounts
Routing all Payables and Receivables through control accounts for better control over Sub Ledgers

Financial Reconciliation Services

Intercompany Reconciliations & Balance sheet Reconciliations
Bank Reconciliations (Checking and Credit Cards)
Monitor and report unrecognized or suspicious bank transactions.
Updating and Reconciling Bank Transactions

Financial Reporting and Analysis

Financial Statements & Reports
Income Statement (Profit & Loss)
Monthly P&L and Balance Sheet
Preparation of adjusting and closing entries
Month end, Quarter End & Year-end closing of Books
Consolidated Financial Reporting
Corporate Expenses/ Overhead allocations

Management Accounting Services

Fixed Asset / Prepayments / Accruals
Forensic Accounting
Journal and Payroll Summary Sheet
Preparation of Amortization Schedules
Loans, line of credit, payments, interests based on amortization statements.
Line of credit, long term liability/Loans tracking and allocating

Human Resources and Payroll Managemen

Recording Payroll and Payroll tax liability
Recording Management/ Corporate Head salaries and maintaining remunerations/fees
Time sheets

Other

Fixed Assets management
Investment Accounting
Entering and Maintaining Utilities Vendors accounts

Accounts Payable Management

Processing Vendor Bills
Payment Processing
Ageing Report, Analysis & Summaries:
Aged Creditors Reconciliation and Review:
AP Review
Contract Payment Accounting:
Contract Payment Management
Debit Balance Review:
GRIR Reconciliation

Accounts Receivable Management

Professional Payroll Services

Entering Payroll Information:
Data Entry
Generating Paycheck, Direct Deposit, and Pay Stubs:
Preparation of Paycheck details with Gross and Net Pay with calculations on withholdings
Direct Deposit
Pay Stubs
Payroll Processing:
Frequency Options:
Payroll Tax Filing, Processing, and Reporting:
Tax Filing
Tax Reporting: including Forms 941, 940, and state unemployment reports, to provide you with a comprehensive overview of your payroll tax liabilities.
W2 Generation:
1099 Generation

Cash Management and Reconciliation Services

Reconciling Cash Paid with AP Invoices:
Reconciling Cash Received with AR Invoices:
Cash Forecasting:
Working Capital Management:
Analysing Receipt Date with Payment Date:
Analysis & Reconciliation of Cash Collected at Various Stores:
Analysis & Reconciliation of Merchant Accounts:
Reconciliation of Refund Checks to Customers:
MIS Reporting/Analytical Reporting for Various Industries:

Comprehensive Business Support Services

We understand that financial success extends beyond mere numbers; it's about insight, strategy, and empowerment.

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Call Us @ +91 900-864-7478

Send an Email us on support@cognoscenteglobal.com

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#999 BTM Layout 4th Stage Bangalore, Karnataka India- 560076

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