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Tally ERP 9 & QuickBooks Installation, Set-up and Implementation
Tally ERP 9 & QuickBooks Installation, Set-up and Implementation
Accounting, inventory and payroll management services
Accounting, inventory and payroll management services
Internal control and audit services
Accounting, inventory and payroll management services
Tax planning and business registration services
>Tax planning and business registration services
Recruitment Services
Recruitment Services
PROFESSIONAL SERVICES
Tally ERP 9 & QuickBooks Installation, Set-up and Implementation
We help businesses of all forms to s et-up their accounting, inventory, projects and payroll systems using either Tally ERP 9 or QuickBooks software. Businesses in retail; wholesale; pharmaceutical; oil and gas (both upstream & downstream); road, building & construction; mining; manufacturing & production; schools, churches, NGOs, professional services; and other sectors can benefit immensely using this software in their operations.
We also assist businesses to buy the right software packages that fit their operations and budgets. We usually do physical demonstration on how the software works and explain its benefits to companies when they show interest.
If a business already has the software, we can help set it up to match its nature of operations so that transactions will be accurately reported.
Whether your business is a start-up, small one-shop enterprise, medium or a very complex multi transactional company, there is a commensurate package that will fit your budget and operations.
Our Process of work
- First, a meeting is convened with the prospective client to discuss the nature of work or demand to acquaint ourselves with the nature of operation.
- Stock taking for existing trading businesses to obtain inventory quantities and prices for stock items set-up (this is for trading companies)
- Preparation of chart of accounts for bookkeeping, accounting and company set-up
- Setting-up of inventory system using stock groups, stock categories, stock items, locations, unit of measurements, expiry dates, etc
- Training of staff who will be using the software
- Setting-up accounting ledgers for sales (revenue), expenses, assets, liabilities, equities and systems like cost & revenue centres, jobs/ project costing, budgeting & forecasting, etc
- Setting-up other parameters like user level management, features & configurations, payroll set-up (if applicable), VAT & NHIS invoicing set-up (if applicable), barcode scanner & receipt printer, etc.
- Training of staff who will be using the software
- Software implementation and regular support services
- Any other related services that may be requested by the client.
- Our internal control and support team will always be available to render full support to ensure that the system works to perfection.
PROFESSIONAL SERVICES
Accounting, inventory and payroll management services
We set-up proper bookkeeping, financial reporting, inventory management and payroll administration systems for all forms of businesses. This is for companies who need the accounting software or businesses who have their own accounting software but need a professional to set-up the accounting system for them. They may also acquire Tally ERP 9 or QuickBooks from us and we will do the set-up for them. This help businesses and companies manage the following transactions with ease:
- Recording of all accounting transactions under suitable chart of accounts
- Raising of source documents like invoices (including GetFund, NHIL & VAT Invoicing), quotations (pro forma invoices), receipts and others.
- Raising accounting vouchers for to sales, purchases, payments, receipts, journals and other transactions.
- Managing customers and suppliers accounts. Ageing report is created to determine when payment is due from a customer or to a supplier. All overdue accounts are can be monitored to manage receivables and payables effectively.
- Financial reporting: Get detailed account statement on all sales (income or revenue), purchases, expenses, assets (fixed assets, bank, customers, suppliers, inventory, etc). Get reports on your business performance and financial position from the income statement (profit or loss account) and balance sheet respectively. Know the cash strength of your business through the cash flow statement.
- Allocate cost and revenue to their respective cost/revenue centres. This helps in determining how much each revenue generating units (projects or services) contribute to the business and also how much is spent on each cost units (centres) of the firm.
- Prepare budgets and forecast your financials to help in decision making. Match your budget with actuals and analyse the variances for corrections and future decision making.
- Prepare bank reconciliation statements to reconcile all your bank accounts with your internal cash books.
- Manage all inventories with ease. Categorise your stock items by nature, brand or size. Know the stock quantities and values at each location if you are operating from multiple shops, warehouses or towns/cities.
- Know when to re-order for new supplies so that your stocks don’t get finished without being aware. Set-up expiry dates for batch of stocks with short life span so that the system tells you when a stock item expires.
- The point of sale system helps you sell with the aid of a bar code scanner. This facilitates fast customer service in busy shops and also ensures that all sales pass through the system.
- Administer your payroll system effectively. Get monthly statutory reports like PAYE schedule, SSNIT contributions (Tier 1 &2) and other reports like bank transfers, payslip generation and others. Categorise your staff based on projects, location, department, function or hierarchy. Handle employee loan & advance deductions, allowances, bonuses, overtime, attendance with ease.
SERVICES
Internal control and audit services
This service helps business and companies to ensure that their existing operating structures work effectively and are adhered to by all staff. This goes a long way to safeguard resources of these businesses. This reduces malpractices like theft, fraud, penalties and other charges out of negligence, etc. We support business and companies with the following internal audit functions.
- Reviewing procurements processes, accounting vouchers, invoices, receipts and other source documentations to ensure that all payments are duly approved by management and well documented, receipts are well recorded and documented.
- Reviewing the filing system of the business to ensure that documents relating to receipts and payments, bank reconciliations statements, invoices, receipts, payment vouchers and others are properly filed for easy accessibility.
- Ensure that fixed asset register is in place and regularly updated.
- Ensure that financial reports are generated on time to help management’s decision making.
- Ensure that income tax (PAYE), SSNIT contributions, withholding taxes, corporate taxes are paid on time as decided by management to avoid penalties and other charges.
- Any other control measures that will safeguard your business resources and ensure smooth operations as decided by management.
PROFESSIONAL SERVICES
Tax planning and business registration services
We help businesses and companies handle the following tax and business registration assignments:
- Monthly PAYE (employee income tax) filing
- Monthly withholding tax filing
- VAT filing
- Corporate tax filing (quarterly and annual)
- Directors tax filing
- Capital gain tax filing
- SSNIT & GRA registration
- New business or company registration and annual renewal filing with Registrar Generals Department (RGD), opening bank accounts for new companies.
- Business registration with GIPC and other regulatory authorities
SERVICES
Recruitment Services
Let Global FX help you find a starter or an experienced and result oriented candidate to join your team. If you are looking for an accountant, finance, audit or tax related candidate at any levels of experience or hierarchy to join your team, kindly contact us, we can help!