Solutions Provided - By DBF

Outsource India Ltd – Mission

 

“Our only focus is to deliver increased operational efficiencies in talented manpower”

 

The goal of Outsource India is to help accounting firms to deal with hectic customer demands. At Outsource India we provide our clients with the best book-keeping and accounting services. Outsource India provides the following outsourcing services to accounting firms.

 

Resources:

 

Fully Air-conditioned Office in [CITY - STATE] with Power Back up
Staff Profile – [X] Chartered Accountants + [X] Commerce Graduates + [X] IT Manager.
Staff trained on Sage, QuickBooks, IRIS and [DC TO ADD]
[TYPE] Dual Processor Edge Server networked on [TYPE]  machines on a [TYPE] mbps LAN, High speed scanners, CD/RW for backups, laser printers.
Fully secured FTP server installed at own premises for upload/download of data. All our clients use the FTP facilities on this server for download/upload of data.
High speed broadband internet line for fast and round the clock connectivity.

Backup broadband connection and other dial-up lines in case primary line is down for some reason.
 

Data Backup:

 

Daily backup on various media [TYPE]
 

Scalability:

 

The outsourcing centre is scalable. We can ramp up from XX people to XX in a span of 30 to 45 days.

 

How it Works:

 

The whole methodology is a well thought out process of scanning and processing and is being used successfully by DBF and other practices in the U.K

 

Outsource India staff access the scanned documents and start the assigned tasks which could be preparation of excel sheets for VAT returns, reconciliation, posting of entries or analysis of financial statements and so on. All these functions are performed using appropriate accounting software (such as SAGE, VT etc). Supervisors then review the tasks and inform clients of any open items needing further clarifications/additional information. After getting this information the task is completed and then verified. Subsequently the completed files are uploaded on FTP server and client is informed accordingly.

 

VAT Returns & Bookkeeping:

 

At the information of the client, arrangement is made for collection of source documents such as Bank statements, Cheque Book Stubs, Sales Invoices, receipts for expenses and purchase invoices for scanning at our offices in London. These are scanned and uploaded (usually as PDF files) to our secured FTP servers. The documents sent by the client are thereafter delivered back to them.

 

Accounts:

 

Outsource India supervisors access the documents and allocate the return preparation work to the tax team. The tasks are assigned based on preparers experience and complexities involved in doing the return. The preparers would bookmark and organise the scanned documents for easy preparation and review. He/She rolls over prior year return and starts inputting the data/information into the appropriate software. While doing so, any open items requiring clarification or additional details from clients are listed and sent to supervisor/clients attention. Prepared returns are reviewed by the Supervisors and intimation about status of completed returns is sent to your firm for final review and filing.

 

Transaction Processing Services:

 

Online/Offline time critical data processing solutions are offered while providing flexible service with a good mix of high volume & low risk transaction processing. Data Processing essentially involves collecting data, creating a master data, tabulating available data, validating the data as per convention, creating folders and transferring the output back. These services are particularly useful to accountants dealing with a high volume of business data.