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Bookkeeping
The provision of an efficient, reliable and timely bookkeeping service. more...
   
 
Accountancy
The preparation of accounts of all entities from various stages of (in !!) completeness to finalisation. more...
   
 
Payroll
A service encompassing all periodicities and includes net-to-gross, all compliance etc. more...
   
 
Taxation
Timely preparation of personal tax returns from information supplied. more...
   
 
Frequently asked questions
Some Common Queries on our Accountancy Outsourcing Service more...
   
 
 
 
»  Bookkeeping

We provide reliable bookkeeping services using specially developed secure web based technology combined with traditional accounting practices.

Our services are tailored to each of our client's needs. Our breadth of experience stems from delivering bookkeeping and final accounts since 2002. Our training and refresher courses ensure that our accountants maintain their CPE.

Our clients benefit from outsourcing accountancy work including bookkeeping and management and statutory accounts to us, thus capitalizing on our quality standards and competitive pricing.

Our bookkeeping services include:

  • Maintenance of nominal ledgers to trial balance
  • Maintenance of purchase and sales ledger
  • Maintenance of cash and petty cash books
  • Maintenance of fixed asset registers
  • Completion and submission of VAT returns
  • Cash Projections
  • Budget vs actual (if budget figures are available)
  • Monthly payroll and employer's annual returns
»  Accountancy

The preparation of accounts of all entities from various stages of (in !!)completeness to finalisation, abbreviated accounts and a variety of "non-limited entity" formats as required.

We specialise in all forms of accounts preparation, including hand written records and Excel spreadsheets.

The service includes:

  • Preparation of final trial balance
  • Preparation of draft financial statements.
»  Payroll

As government legislation become more complex, an increasing amount of time and resources are being allocated to payroll functions.

Our payroll service encompasses all periodicities, includes net-to-gross and handles complex payrolls with critical deadlines.

»  Taxation

We help clients comply with increasingly stringent tax regimes.

Provided we are given timely information, the basic tax returns will be prepared easily.

»  Frequently asked questions

Q: How does this outsourcing work?
A: It is all about the following four steps:

Scan the invoices, receipts, vouchers, etc. and save them in your hard disk.

A fast and robust scanner with an ADF facility is what we recommend.
   
Now log in to Sysmetric website with your username and password.

Just store the scanned images (in pdf or jpg format) to our secure site using our file management utility.
   

India downloads this data, writes up books / prepares accounts in your chosen software and:

  • (if incomplete records) e-mails the accounts back with a list of queries on Word/Excel

  • (if bookkeeping) uploads onto the secure area for you to download

For missing information, a list is provided on the day of receipt of books and papers

While we look after routine assignments, your staff spends time doing more lucrative work.



   
Once we are done, we notify you.

You simply download the completed accounts, tax returns, etc., and deliver on or before time, with far better margins.

Q: How will your service benefit my firm?
A: This service is a win-win-win situation:

  WIN We take care of the routine assignments. Volume work can now fetch higher margins and lock in clients.

  WIN Your core team does what earns you more fees.

  WIN You have UK and US qualified expertise at a fraction of the cost.


Q: How do you address the security issues?
A: In addition to measures like latest anti-virus software, firewall protection, etc., Sysmetric takes regular backups of client data and can assure zero loss. We also take cognizance of the internal controls required to be in place to comply with Sarbanes-Oxley Provisions for US clients and Money Laundering Regulations for UK clients.

Q: Will any information be passed to anyone else?
A: We are governed by the rules of client confidentiality and ‘fit and proper’ status. This means we cannot pass any information about your clients to anyone else.

Q: Sitting in India, how will you keep in touch?
A: We are always available over phone, text and instant messaging systems. The secure clients’ area of our website is also yet another way you can communicate. In addition, we make it a point to personally visit you for review meetings.

Q: Are you capable of handling high volumes of work?
A: Given reasonable notice, we can scale up materially to cope with extra work, which may arise, for example, out of a back duty investigation requiring several years’ work.

Q: What about the quality of your people?
A: We have a review panel of UK and US qualified professional accountants. We recruit qualified Indian Chartered Accountants as managers and part qualified accountants for clerical positions.

We train our people in UK and US GAAP, Sage Line 50, QuickBooks, Peachtree, MYOB etc. as and when required. Our exposure to application packages enables us to take definite advantage of clients’ software.

 
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Related pages
  Who are D. P. Chatterjee & Co.?
  The principal
  Why D. P. Chatterjee & Co.?
   
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  Offshore development
Related links
The Institute of Chartered Accountants in England & Wales
 
Chartered Institute of Management Accountants
 
The Association of Chartered Certified Accountants (UK)
 
Association of Accounting Technicians
 
Association of International Accountants
 
Inland Revenue
 
 
American Institute of CPAs
 
Public Oversight Board Panel on Audit Effectiveness
 
National Association of State Boards of Accountancy
 
Institute of Management Accountants
 
The Institute of Internal Auditors
 
Internal Revenue Service (IRS)
 
Sarbanes-Oxley Provisions
 
 

International Accounting Standards Board

 
Canadian Institute of Chartered Accountants
 
Institute of Chartered Accountants of India
 
 
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