Finance and Accounting
Maintain the most transparent level of accounting standards to maximize the revenue and jumpstart profit potential.
Financial agility for all your accounting functions
Newage offers distinguished finance and accounting outsourcing services to support the end-to-end accounting. We help finance managers and CFOs design, transform, and operate their finance functions in an most optimum way and also suggest best platforms maximizing the effectiveness and efficiency while enhancing user experience. Today, we handle over 14,000 monthly transactions spread globally, serving clients across Asia, Middle East, Europe and USA.
Efficient, productive and holistic approach for better financial agility
ACCOUNTS PAYABLE
- Invoice Booking – Job and Non Job Related
- Airline/Liner/Agent & Vendor Payments
- Accounts Payable Analysis & Book keeping
DAILY ACTIVITIES
- Exchange Rate Updation.
- Invoice Booking
- Passing of Payment and Receipt Vouchers
- Disbursement of Payments – Via Cheques, Cash & Online
- Job Checking –Verifying Revenue and Costs associated with Jobs
ACCOUNTS RECEIVABLE
- Collection of Receivables/Revenue
- Follow up with Clients – Phone & E-mails
- Accounts Receivable Analysis & Book keeping
RECONCILIATION
- Payable and Receivable Reconciliations of Airline/Liner/Agent and Vendor Statement of Accounts
- Dispute Co-ordinations Internally and Externally
- Bank Reconciliations
MIS/STATUTORY REPORTS
- Monthly Visibility Reports – PNL, Balance Sheet & Trial Balance
- Monthly Receivable and Payable Reviews
- GST/TDS preparation and monthly filing
- Audit Support
