Management Reports Preparation in Manhattan, New York

We provide a strong bench of professionals who quickly become an extension of your organization in a variety of operational areas, whether you have an immediate interim need or are looking for a long-term solution. You can outsource an entire department or supplement your existing resources depending on your size and needs. Management reports preparation in Manhattan, New York, can be seamlessly integrated into this support, ensuring timely and accurate insights across your operational structure.

Other aspects we provide include an end-to-end approach, collaborative BPO governance, change management, and delivering value beyond cost. This means that a dependable and high-performing BPO provider manages the scope of your relationship holistically, has a “partnership attitude,” manages the effects of change before, during, and after transition, and places a strong emphasis on benefits other than cost reduction.

Accounting Processes

General Accounting

• Recording of transactions
• Preparation of year-end closings
• Analysis of accounts and sub-ledger reconciliations
• Preparation of information requirements for external audit

Financial Reporting

• Preparation of financial reports
• Preparation of annual financial statements
• Issue monthly financial statements

Treasury

• Preparation of electronic payment orders
• Monthly bank account reconciliation
• Preparation of cash flows

Billing and Accounts Receivable

• Billing process
• Collection management
• Analysis of accounts receivable aging
• Maintenance of the client master

Inventories

• Processing and recording of inventory movements and cost of sales
• Maintenance of inventory
• Annual or periodic physical inventory count

Fixed Assets

• Control and maintenance of fixed assets sub-ledgers and related accumulated depreciation
• Physical take of fixed assets inventories

Accounts Payable and Accrued Expenses

• Recording and control of accounts payable and accrued expenses
• Receipt of invoices from suppliers
• Verification of the supplier’s invoice authorization
• Verification of the supplier’s invoice compliance with fiscal regulations
• Payment of employee expense reimbursements
• Processing and recording of payments to suppliers
• Maintenance of the supplier master

Other Services

• Assistance in the updating of statutory books
• Assistance in the preparation of inflation-adjusted financial statements
• Calculation of deferred taxes
• Permanent accounting advisory
• Supervision of accounting processes
• Budget management
• Accounting, tax, and process diagnosis
• Purchase management

Payroll Processes

• Payroll processing and payment
• Preparation of instructions for payments to employees
• Compliance with labor-related formal duties
• Payment of employee withholdings and employer contributions
• Processing of data for payroll-related accounting records and accruals for employee liabilities
• Calculation and control of personnel vacation and vacation bonus
• Calculation of length-of-service benefits and guarantees
• Processing of length-of-service benefit advances and loans
• Calculation and payment of employee profit sharing
• Control of the delivery and receipt of income tax withholding forms for employees
• Preparation and electronic delivery of payroll receipts
• Control of loans granted to employees
• Processing and control of employee insurance plans
• Labor-related assistance
• Review and maintenance of employee records
• Preparation of payroll reports
• Assistance in the preparation of the personnel expenses budget

Tax Processes Income Tax Withholdings

• Calculation of income tax withholdings applicable to supplier invoices
• Preparation of supplier withholding vouchers
• Preparation and online processing of the file required by the Tax Administration for payment of income tax withholdings
• Filing of payment vouchers with the Tax Administration Value Added Tax (VAT)
• Monthly preparation of VAT returns
• Preparation of purchase and sales books
• Calculation of VAT withholdings applicable to supplier invoices
• Preparation of VAT withholding vouchers
• Preparation and online processing of the file required by the Tax Administration for payment of VAT withholdings
• Filing of VAT payment and withholding vouchers

Other Processes

• Reconstruction and update of accounting records

Let’s Bring Clarity to Your Finances

Partner with Valles Vendiola LLP for dependable accounting solutions that support every stage of your business. Our team is here to provide clear guidance and trusted service. Connect with us today to get started.