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.
