Buying accounting software is easy but setting up your software/ customizing your accounting software accurately as per your business needs is very critical. A detailed, step by step set up of your accounting software will make your software most efficient and accurate exactly what you want. Mehta Accounting Services customize your accounting software based on various factors - type of your business, type of your business transactions, Credit Arrangements and type of customers – vendors. If the initial set up is not correct and accurate, all the financial reports/ statements will not be accurate.

   Our system set up services includes:

• One time set up services.
• One time review/ correction services.
• Ongoing set up fees for new accounts.

    ·     Reconciliation – Bank, Credit Cards, A/P, A/R

        and General Ledger accounts

It is always important to do accurate and timely reconciliations for good internal controls. Before preparation of financial reports and statements, accountant must make sure that all bank accounts, all credit card accounts, all customers/vendors are accurate and completely reconciled. Mehta Accounting Services runs a detailed error checks of all accounts and make sure that reconciliation difference is zero to ensure consistency of numbers in statements.

• Bank Reconciliation
• Credit Card Reconciliation
• Accounts Payable Reconciliation
• Accounts Receivable Reconciliation
• General Ledger Reconciliation 

    ·      Generating Financial Reports / Statements.

Business Financial statements/reports are essential not only for  taking business decisions but also for taking bank loans, tax support papers and for selling a business. Mehta Accounting Services customized all reports, statements as per purpose of the report in a simple and easy to understand formats. We prepare/submit following reports/ statements exactly as per clients’ need. 

• Profit and Loss Account
• Balance sheet
• Cash Flow statement
• Accounts Receivable Aging Report
• Monthly Sales Report

    ·       Database management, system backup, e-file

         organizer.

Efficient database management, system backup and e-filings are smarter choices for reducing risks, optimizing performance and regulations. Mehta Accounting Services helps the clients in creating database as per client’s needs. For a quick access, we create and manage various business data in a very organized way.

• Clients-vendors database
• Business Process Documents
• Electronic File Cabinet – Paperless Work Environment
•  Tracking Fixed Assets/ Equity & Balance  Sheet Accounts.

Financial Asset Management is a process of maintaining a detailed organized records of company assets, everything from PCs, to machine tools, to desks and chairs,to copiers/ scanners. Regardless of the type and size of the business,tracking business assets, equity and balance sheets accounts are very important in every business. Mehta Accounting Services maintains all records of historical data of all physical and non-physical assets, equity accounts and balance sheet accounts for any business involved in manufacturing,distribution, physical sales or even office or call center business.

• Basis of Assets
• Date of purchase
• Depreciation Records
• Original Equity Amount
• Distributions Records
• Records of Liability