Master data management
Accounts Payable (Purchasing process)
Accounts Receivable (Invoicing process)
Maintaining the computerized accounting records for bank account, petty cash account, general ledger and journal entries.
To ensure that accounts are prepared in accordance with applicable approved accounting standards and in compliance with the necessary statutory requirements.
Attend to and liaise with the Company’s auditors for carrying out annual audit.
Keeping full set of accounts either on monthly or yearly basis as required by its client.
Banks and other account reconciliation.
Ensure accounts preparations are in accordance with applicable approved accounting standards and in compliance with relevant statutory requirements.
Attend to and liaise with the Company's auditors during the annual financial audit.

STANDARD FINANCIAL REPORTS

PROCESS FLOW

Master Data Management

Client agrees the appropriate financial master data with the SP (MSCMS-CS) such as chart of account, cost centre etc.
Client authorised the SP (MSCMS-CS) officially for bank processing.
Enter the journal into the system.

Accounts Payable

Received Purchase Requisition Note signed by the dept. & nominated representatives.
Issue Purchase Order and send to the supplier.
Receives the invoice and attaches Purchase Requisition Note, Purchase Order & Delivery Order.
Enters the invoice in the system.
Sends monthly report to the client about payment status.
When client approved the payment status report, issue payment voucher & checks/internet banking.

Accounts Receivable

Received details from the client.
Issue invoice & get approval from the client’s Finance Manager.
Sent invoice to the customer.
Enter the invoice into the systems.
Off-set payment receive from the customer with invoice in the system.
Delivers Receivable Ageing Report to the client to inform about the payment status.