Actuit India provides a wide range of customer service, supply chain, analytics and finance and accounting support services to the contractor industries. We manage our clients' end-to-end accounting processes to maximize efficiencies and derive a competitive advantage.

Bookkeeping Process

1. Bill Processing: Processing all types bills , viz., expense bills, purchases, inventory, general supplies etc.

2. Invoice Processing : Proper recording of sales invoice to ensure correct receivables at all times.

3. Bank Transactions : Bank payment and receipt transactions recording to proper accounts.

4. Cash Management : Processing of Cash transactions and monitoring cash

Internal Control Based Quality Process

1. Commercial Validation: Perform purchase/sales order, contract and credit terms validation; support contract administration.

2. Bank Reconciliations : Timely performing of Bank reconciliations

3. Inventory Management: Inventory Management towards purchases, sales and inventory reconciliation.

4. Accounts Payable: Reconciliation of supplier bills, fund requirement forecast payments based on Orders/ Bills processed

5. Accounts Receivables : Reconciliation of customer accounts and aging report to speed up collections.

Financial Reporting

Balance Sheet
Profit and Loss Accounts
Cash Flow Statements
Fund Flow Statements
Bank Reconciliation Report