Mission

We are always on our toes to help our clients and their company, our employees and our company to have mutual beneficial relationship for growth, success, happiness and peace.

Values

Dedicated, Committed, Ethical, Honesty and Transparent

Construction Accounting

Construction industry is considered as fast-paced, ever-changing and complex in nature. At times, it becomes quite challenging to manage aspects and fluctuations like material costs, weather, tight market, appropriate people and scrutiny of financial reporting.

Our team of experienced accountants understands these aspects because we understand the industry well. We can help you with end to end bookkeeping, accounting, financial reporting and analytics with key performance indicators etc. to improve your financial health.

Property Management Accounting

One who understands the real estate market and not just accounting can be considered as a good accounting partner for any successful property management business your search might end at Bookkeeping and Financials. Right from recording and classification of transactions to various reports about your financial stanad, we are here with extensive experience.

Our highly experienced team of property management accounting experts have years of experience in all facets of end to end bookkeeping, accounting, budgeting, cash flow projection, etc. Our interest is to help you make smart decisions because you will be able to access timely financials and reports. You can look forward to regular financial reports along with key performance indicators (KPIs) which contribute towards timely decisions for cost savings and growth of your business.

Accounts Payable

  • Accounts Payable Management including 1099s compliances
  • Approval Mgmt.
  • Accounts Payable invoice payments
  • Employee expense reports processing
  • Vendor balance reconciliation

Accounts Receivable

  • Recording of Tenant invoices, chargebacks, CAM charges etc.
  • Processing of tenant statements
  • Collection and recording of rents & CAM charges
  • Maintenance of reserve escrow accounts
  • CAM reconciliation and reporting
  • Credit card collection reconciliation
 

General Accounting

  • COA creation
  • General Ledger review & clean-up
  • Manual General Journal entries
  • Bank balance reconciliation
  • Credit card balance reconciliation
  • Inventory management
  • Management fees calculation & posting
  • Recording and Reconciling Payroll Transactions
  • Fixed Assets Management

Closing, Financial Planning and Reporting

  • Month-end / Quarter-end / Year-end adjustments entries like, Prepayments, Accruals, Deferred, Revenue, Depreciation etc.
  • Rent Roll Report
  • Compliance with US GAAPs
  • Cash Flow management and projection report
  • Overhead allocation
  • Franchise Fees working
  • Financial Review and Analytics
  • Monthly KPIs
  • Consolidation of financial

Pricing

We offer variety of engagement models for you to choose and fit your requirements.

Fixed Fee

Here, we would like to assess your current state of books and approx. volume / number of transactions on monthly basis. We discuss, understand your expectations, which kind of services you are looking for and the purpose behind them. Based on our experience, we recommend the services which may be helpful and beneficial.

We then come up with a fixed fee per month so that both the companies know the cost v/s benefits.

An Accounts Manager / Client Relationship Manager is assigned to keep you posted with the progress and answer any questions you may have.

Dedicated Team Model

In this model, we understand your expectations and requirements. Thereafter, we assign a dedicated staff member along with a non-billable Manager. Your hired staff member works remotely from our office in India.

You can hire 20 hours per week or 40 hours per week based on your requirements.

Data Security

The potential of sidelining all the benefits of outsourcing is higher if the privacy and security of the shared data is compromised. This is one of the biggest concerns of companies based in US outsourcing to India. Bookkeeping And Reporting comprehends the significance of this aspect and therefore, we heavily invest in IT, Security, Infrastructure, People and Training. Ample measures are in place to ensure that all of our clients’ minds are at ease and peace.

We ensure to take below mentioned measures and security controls:
Our IT Infrastructure and Security
  • Biometric system - Only allows authorized employees to
  • enter using their thumb impression
  • Cisco Firewall - Ensures that no external threats attacks
  • our server or the network
  • Cellphones prohibited inside the production floor
  • 3 internet lease lines - To ensure 100% uptime
  • Dual monitors - Increases efficiency and allows us to
  • work in completely paperless environment
  • External drives - Disabled in all computers
  • Emails - Pre-configured in outlook
  • Restriction - Employees can access their system inside
  • our delivery center only
  • No Printers - Paperless Environment
People
  • Rigorous recruitment methodology in place
  • Initial Screening before Interview to identify the suitable
  • employee for the position in scope
  • First written test - Technical test of 24 questions
  • Second round of interview
  • Final round of interview
  • Shortlisted profile - Third party background
  • verification company
  • Signing of Non-disclosure agreements (NDA)
Process Driven Approach and Proven Methodology
  • SOPs and Working Papers
  • Already working for 100+ clients
  • All our clients are experiencing not only our quality services but seamless operations running smooth in delivering as per
  • the deadlines mutually agreed with transparent reporting mechanism
  • Transparent Reporting Mechanism
  • Non-Billable Manager assigned to all clients

Software

Staff Positions

Junior Bookkeeper

  • Accounts Payable including recording of Vendor invoices,
  • Debit memos, check payments, etc.
  • Credit card charges, payments, credits and
  • reconciliation of credit card balances
  • Bank deposits, payments, transfers and reconciliation
  • of bank balances
  • Accounts Receivable including of Customer invoices,
  • Credit Memos, refunds and Payments
  • Classify the expenses and income accurately
  • Hands on experience working with MS-Excel

Senior Bookkeeper

  • Above capabilities of Junior Bookkeeper plus
  • Loan entries and reconciliation of loan balances
  • Prepare P & L and Balance sheet statements, etc.
  • Recording Payroll entries
  • Hands on experience working with MS-Excel

Senior Accountant

  • Above capabilities of Senior Bookkeeper plus
  • Recording Payroll entries and reconciliation with
  • quarterly and annual payroll returns
  • Finalization of accounts
  • Review of General Ledger transactions and classify
  • them accurately, if required
  • Prepare Work papers and Financials statements, etc.

Junior AP/AR Clerk

  • Accounts Payable activities - PO processing, A/P invoice entry, Approval Mgmt., A/P invoice pmt.,T&E processing,
  • Employee expense, Report processing, Credit card processing & recon, vendor statement recon.
  • Accounts Receivable activities - SO processing, Invoicing, Customer Payments, AR analysis & collections, Receivable
  • Mgmt., Cash receipts entry, Customer balance recon, Dunning Letters.
  • Hands on experience working with MS-Excel

Senior AP/AR Clerk

  • Accounts Payable activities - PO processing, A/P invoice entry, Approval Mgmt., A/P invoice pmt.,T&E processing,
  • Employee expense, Report processing, Credit card processing & recon, vendor statement recon.
  • Accounts Receivable activities - SO processing, Invoicing, Customer Payments, AR analysis & collections, Receivable
  • Mgmt., Cash receipts entry, Customer balance recon, Dunning Letters.
  • Hands on experience working with MS-Excel
  • Average written and verbal communication

Senior Virtual Assistant

  • Attending Calls
  • Appointment Scheduling
  • Calendar Management
  • Research, Drafting of Documents, other admin related activities

Junior Virtual Assistant

  • Attending Calls
  • Appointment Scheduling
  • Calendar Management
  • Research, Drafting of Documents, other admin related activities

Benefits

Bookkeeping and Financials solutions are designed keeping clients’ needs into consideration mainly about timeliness and consistency. As we have a strong belief in mutual beneficial growth, companies are gaining several benefits by hiring as their back office partner.

Below are listed a few:
  • Cost reduction of 40% to 50%
  • Savings in additional costs of recruitment, training
  • and related admin expenses
  • Access to experienced and operational expertise
  • from the day you hire us
  • Flexibility in scalability of operations on a short notice
  • Increased focus on core competencies
  • Technological competent
  • Qualitative and quantifiable deliverables
  • Increased productivity and quick turnaround time
  • Transparent reporting mechanism to track efficiency

Get In Touch

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Email
riley.jackson@pmbkandaccs.com