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Posted by: xpertnest Category: Finance, Success Stories, Virtual Assistant Comments: 0

Challenges

  • Conversion of single entry bookkeeping to double entry accounting of Government Municipal corporation, Corporation & Nagar Palika
  • Single entry records are available so only from partial entry we have to complete accounting in double entry system.
  • Complex Accounting of different department of the corporation with different cost center. (E.G – water works department having expenses of salary, vehicles, Drainage department , Fire & Safety department, road and civil work department having same expenditure like salary, etc.)
  • Complex H.R. management (Different department having different staff with categorization of class 1 to class 4 officer with different rule for leave, pension and other retirement benefit)
  • Poorest records are maintained by client

Xpertnest’s Solutions

  • We have scrutinized all the document and categorized them in to different category (Based on different Cost center)
  • Data refining .
  • Accounting of the financial information in computer software
  • Customized solution for HR Management
  • Financial analytics provided from final accounting.
  • Detection of unutilized fund and pilferage.

Value Delivered

  • Saving of fund & interest cost, detection of unutilized amount.
  • Complete financial records from raw data.
  • Based on complete financial record detail analytics & Reporting
  • Improved funding and increased savings by identifying idle funds.
  • Improved resource planning.

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