We follow this process flow of inventory in Manufacturing business:
- The issue of the purchase order
- Receipt of material
- Preparation of job card and BOM by the production department
- Submission of stock requisition by the production department to store department
- The issue of material by store department
- Production of finished goods
- Quality testing
- Sale of goods
We follow this process flow of inventory in warehouse:
- Advanced barcode systems supporting QR and other standards
- Multiple location support
- Bin tracking systems
- Order picking support
Generally, it depends and varies from one business to another. However, we need following documents as per our common checklist
- Revenue Transactions
- Bank Accounts information & statement
- Previous years financial statements and tax return copy
- Inventory details
- Intercompany Transaction
- General Ledger
- Any other information for year-end accounting
Yes, we are XERO Certified Advisors and XERO Partners. We have Xero-certified accountants who have been using the software for a long time.
We use organizations’ financial details, operations details, and other required information to prepare management accounts and then management reports such as:
- We use organizations’ financial details, operations details, and other required information to prepare management accounts and then management reports such as;
- Cash flow statement
- Stock consumption analysis
- Input-Output recovery analysis
- Entity-wise and consolidated financial statements
- Reconcile control accounts
- Budgeting and forecasting
- Fixed assets register and depreciation
- Specific purpose Ratio analysis
You can communicate with us on call, video call, mail or any other collaboration tool such as Microsfoft Team, Slack, Google Chat, etc.
There are many benefits of accounting software advisory services:
- Choose the right accounting software for your business.
- Streamline and automate tasks with accounting software
- Increase productivity and save costs.
The three types of accounting software are:
- Ready to use software packages
- Ready to use software with some Add-on Applications
- Customized Software
Yes, we will train your staff on the usage of new software.
Bank reconciliation accounting services help business owners identify errors or discrepancies in accounting entries or between balances. Here are the significant advantages of using a bank reconciliation statement.
- Identifies fraud or errors
- Helps avoid mistakes
- Helps keep accounts in good standing
- Helps track receivables.
Financial budgeting and forecasting services from CapActix will help you:
- Reduce operational costs with the use of advanced technology.
- Help choose the best investment plans available and invest wisely.
- Assist in buying and leasing decisions for property
- Create a budget for current and future investment
When your company needs expert guidance and training on:
- Choosing the right technology for your business growth.
- Implementing and using business advancement tools.
- Suggestions and training to use business advancement tools.
To choose the best business advancement service providers, consider these factors:
- Research about top business advancement service providers.
- Check their past projects and clients.
- Read feedback & reviews from past clients.
- Ask questions related to your project needs.
The Outsourced Business Advancement Tools Consulting Services are important because they help organizations choose the right technology, implement it properly, and get the necessary guidance and support.
The CFO’s responsibilities include:
- Oversee Accounts & Ledger to ensure the accuracy of entries for asset & liability.
- Track variations in budget.
- Analyze finances in detail to identify issues & opportunities. Formulate insights & recommendations, debt-reduction strategies.
- Advice on the latest software & tools and other internal responsibilities.
Your firm will get huge benefits from outsourced business analysis services:
- With better marketing strategies and execution, firms can save up to 30-50% of costs.
- Latest financial analysis tools and technologies to gather insights.
- 100% data security and confidentiality
- Better decision-making due to accurate data analysis.
To understand the firm’s financial position deeply, we analyze your finances, cash flow statements, balance sheet, and more.
Second, we process the gathered data and information to identify potential risks or opportunities. Finally, our financial experts interpret that data to suggest relevant suggestions for better strategies and plans.
There are many benefits of customer and vendor reconciliation services, including:
- You can keep your accounts consistent and reconciled.
- Keep consistent data in making decisions.
- It helps in cash flow, fund flow forecasting, and budgeting management.
The different types of accounting software are:
- Billing and Invoicing System
- Enterprise Resource Planning System
- Time and Expense System
- Payroll Management System
Our Risk Management Services cover:
- Fraud and Financial Crime
- Enterprise Risk Management
- Risk & Regulatory Compliance
- Analytics & Reporting for Risk & Fraud
You can count on CapActix for risk management services for the following reasons:
- Easy spot potential risks
- Analytical data for decision making
- Budget-friendly costs
- Experienced and focused team
- We identify financial risks by examining your daily financial operations and cash flow.
- We measure the risk by assessing the capital structure and risk level with the company’s debt level.
- We frame solutions to avoid or control potential risks.
- We also help businesses implement those solutions.
- Evaluate the effect of the solutions implemented.
Accounting Supervision services are important for a business to get its accounting records checked periodically. Here are the benefits:
- Periodical examination of accounting records allows management to understand business activities and prepare for the future correctly.
- Accounting Supervision Services ensure that the company complies with the different rules and regulations.
- It allows the business to focus on its Key Performance Indicators (KPIs).
Almost every business can benefit from accounting supervision services.
It helps systematically analyze business accounts to keep the company on track.
Accounting Supervision services help companies grow in many ways:
- Prevent Tax-Related Fraud
- Saves company funds
- Address compliance-related issues
- Firms can avail of interim CFO services in a short time and part-time.
- Interim CFO consulting services are budget-friendly.
- Part-time CFOs offer consulting on financial health.
- Part-time CFO services save the company from a financial crisis.
Cash flow management experts offer many services. We have listed some important services here:
- Prepare and manage detailed annual cash flow forecasts.
- Review, identify, and advice on negotiating payment terms.
- Discovering opportunities to improve cash flows
- Analyzing stock turnover
- Evaluate alternative bankers and suggest better options.
- Perform sensitivity analysis to formulate new strategies for the improvement of cash flows.