Overview
We are committed to providing the highest quality management consultancy services to broad range of companies, industries and individuals who are looking for professional consultants for specific requirements.
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Mission
Our mission is unchanging and aspire to be the standard of excellence, the first choice of the most sought after by clients. Our strategy to focus on working together developing innovative, profitable and value added services in a sustainable manner to our valued clients.
Core Values
Our values are timeless and succinctly describe the core principles that distinguish us in the pertinent field.
Integrity – We believe that nothing is more important than our reputation and behaving with the highest levels of integrity. We demonstrate a strong commitment to sustainable business practices.
Clients – We play a critical role in helping our clients more effectively and we consider this role a privilege and we know it requires constant vigilance and unrelenting commitment. We go to extraordinary lengths to provide eminence services to our clients.
Team Work – We have created and fostered a teamwork environment and our staff realize and believe that planning, decision making and actions are better when it is performed collectively. They assimilate the belief that “two heads are better than one”. Teamwork is the cornerstone of our culture.
Staff Training – The entire staff team is comprised of extensive background and comprehensive training. Staff training is vital key to ensure their skills are up to date for the success of the organization. Owing to continuous staff training, we have increased productivity, improved the quality of work and uplift the standard of our team. We consider that training is crucial in greater staff satisfaction through enhanced confidence, personal development and career enhancement.
Work Process – We are offering specialized solutions in wide range of areas and our following unique features provide end-to-end solutions focused on building top class organizations.
Book Keeping
* Preparation of Sales Invoice
* Preparation of Payment Vouchers
* Preparation of Receipts
* Preparation of Journal Vouchers
* Maintained Manual Cash and Bank Books
* Maintain of General Ledger
* Preparation of monthly financial statement
* Any other related work in connection to book keeping function.
Taxation
* Computation of VAT payment by the Company
• Computation of input VAT
• Computation of Out Put VAT
* Computation of Turnover Tax payment
* Computation of ESC Liability of the company in each quarter
* With Holding Tax
• PAYE Tax
• Filling of monthly and quarterly Tax Return
General
* Preparation of monthly debtors analysis
* Preparation of monthly Sales Reports
* Pay Roll Activity
* Calculation of Salary
* EPF/ETF
* Any other work which is necessary and important.
Confidentiality – Confidentiality is an important principle in our business relationships because it functions to impose a boundary on the data we come across as a result of business dealings and we guarantee and assure that business information will not be disclosed to another party at any circumstances.
Value – We add more value at lower cost with faster response and lead through our competence, creativity and team work. We are accountable for the highest standards of behavior including honesty and fairness in all aspects of our work.
Responsiveness – Our operational responsiveness is our ability of process and systems to respond to changing conditions as they occur enabling our clients’ to capitalize on opportunities, drive greater efficiencies and reduce risk.
Responsibility – Our responsibility is concerned with treating our clients ethical and in a responsible manner and also includes environmental and social responsibility inside and outside of the Company. If our firm is selected for specific assignment, we enter in to “Service Level Agreement (SLA) with the client.
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Liability – The liability of our firm in respect of reached contract or neglect duties in connection with the assignment shall be limited in total to one year service charges to cover all the circumstances. This provision shall not be applicable to any liability arising on death and personal injury or restriction is prohibited by law as a result of fraud.
Your responsibility – It is the responsibility of your staff members or any specified person to provide complete. accurate and timely information where there is necessary to discharge our obligation as described to you. We will not be responsible for any consequences which may arise on any delay or failure by your side.
Neutral – Whether big or small new or established every client is important to us.
Infrastructure
We are well equipped with powerful integrated technologies and have a team of professionals. We have state-of-the-art ultra modern office equipment, high-tech communication facilities leading to expedition of the entire process. To put into its context, all our professionals have experience and realize the job requirement completely and appreciate that it is the exact individuals who forms the backbone of a company.
Integrity
We are committed to provide best solution in the trade, tailor made to client’s specific requirements. We will conduct business in the most professional and fair manner possible. We will always do what we say and let nothing compromise our honesty and professionalism in serving and representing our clients.
Information and confidentiality
Our Members and the staff are under obligation not to disclose the confidential information to third parties and, the report, letters, information and advice which we provide according to this or any other future assignment , are provided that, you not to disclose to third party without our prior consent in writing.
The obligations are restrictions included in this Para do not apply
• Which is or becomes public knowledge
• Which is required to be disclosed by any law or regulatory authority
Fees and Invoicing
We quote assignment basis including all the charges and to be paid at the last working day of each and every month. The agreed fee will be revised after one year as reasonable.
In the event we provide any other services other than this assignment, are payable upon the presentation of Invoice.
Subject to “ Your Responsibility” section above, neither you nor we shall be able in any way for failure in performing our obligation under this assignment due to causes beyond the control of the parties.
Total Solutions
• Day to day activities like Administration, Computing, Tax and IT waste most of the time which you could have spent on finding new customers, new markets, research and development etc.
• Necessary information whenever a decision about prices, credits, best employee and worst employee, comparative expenses, cost centers, profit centers, best products and worst products, moving and non moving products, best Customers and difficult customers.
• Many companies facing difficulties to find suitable, rightly trained, team workers, result oriented employees for their organization. Many will come and stay around till they get trained. Others will be always looking at shortcuts to make money. Some others will engage enough of part time work while employed by you while others learn your business and go away with your customers and become your competitors.
• This is the exact phenomenon of many of today’s entrepreneurs. They find it hard to grow and expand even though they have funds and plans.
• We would like to suggest a system which really works, beneficial to both parties. We undertake your difficulties on behalf of you and you are free to concentrate on your business. We look after your back office operations and take all those burdens out of you.
We can offer you almost all the back office functions such as:
• Staffing and recruitment
• Payroll management
• Accounting
• Accounting software consultancy / implementation / training
• Customized software solutions.
• Management reporting
• Office management
• Internal audits / Surprise checks
• Operational audits
• IT consultancy
Tax Consultancy/Tax returns
Out of all above processes, Accounting is the Key and is our major focus. A typical small level Firm spends more than Rs.20,000/= for their Accounting work. We can discuss and agree on a suitable Accounting profile for your organization depending on different requirements.
Contemporary Solutions
We know that many businesses are handicapped with accurate and timely information, especially when it comes to small and middle level organizations; you have to work on small margins and beat many competitors. We also know you can do much better if you concentrate on doing business rather than managing day today activities.
We really know your problems such as :
• Staff leaving too often and having to re-train new staff
• Not having the items when customers need to buy them
• Having excess stock of some other items
• Not Knowing exactly where the items are located
• Credit allowed to Customers with over dues
• Unable to claim tax credits due to delays in accounting
• Penalties paid on late payments
• Errors, Omissions, duplications and money lost due to irregularities
• Customers kept to wait long as items need to be searched and invoicing takes time
• Delays in paying critical bills like telephones and service interruptions
• Not knowing How your Bottom-line doing before too late
• Unable to find details / history about Customers, suppliers
• Unable to have a idea of how much will be required for payments and
• High cost of printing / documentation
The sooner the above issues are addressed positively, the better it is for the smooth functioning and progress of the company. There are tailor made solutions for almost all of the above issues in the event you can afford to spend more. Yet can you recruit a qualified and experienced Accountant or Manager who will cost you around Rs. 100,000 monthly? Can you go for an automated system which would cost you 1 million to implement and 200,000 annually to maintain? After all, is there a guarantee that will solve the problem even after spending that much?
Outsourcing
We have alternative options which will not cost you that much and also will take those burdens out of your head. There are various ways and means we can deliver the solutions yet the best answer is the outsourcing. Business process outsourcing and business information process outsourcing are rapidly growing practice worldwide and Sri Lanka has already become a top destination for accounting process outsourcing for many major international companies.
We will deliver solutions with a local touch. It is basically about you focusing on your business and we take care of the rest.
Data Processing/Accounts Preparation
The solution could be delivered in various ways.
1. We hire you staff, and accounting software and prepare accounts
2. We train your staff and guide them to prepare accounts with or without software
3. You prepare source documents and deliver to us. We prepare accounts at our office and deliver output.
4. We only provide you software, implement it and maintain it –doing Accounts is done by yourself.
5. We only train your staff for preparing accounts.
6. We just act like Accounting consultants and will assist your staff on-call basis.
7. We just act like accounting software consultants and will assist your staff on-call basis.
8. We undertake checks and specialized audits to support your operation
Despite the fact that we mentioned “preparing Accounts” the process could include complete management information system, in addition to fundamental Financial Accounting reports like Trial Balance, Balance Sheet and Profit / Loss statement. Some of the commonly sought information includes:
• Final Accounts
• Profitability by Job / Project / Product / Brand / Division /Department / Branch / Manager
• Job Estimated vs. Actual
• Actual vs. Budgeted
• VAT /Tax claimable
• Sales by Customer
• Sales for period
• Sales by Items
• Sales by Person
• Sales by Region / location / branch / Brand
• Aged Debtors
• Aged Creditors
• Aged Stock
The necessities vary according to dimension, nature, location and industry type. It is pivotal importance to provide a customized solution to each organization and in our team we have professionals with wide exposure to various countries, industries and requirements. Hence, before any assignment is undertaken, we will study and evaluate your business and core requirements.
The Scope
It is crucial that the scope of the assignment varies depending on your requirements and size and nature of the business. Upon study of requirements, limitations, cost considerations, we will finalize and propose how are we going to deliver.
Software
“A poor workman always blames his tools”
In case you require some accounting or other software system to automate your processes, first we will analyze possible advantageous against disadvantageous. Some organizations would operate better without computers or advanced computer systems and the decision need to be taken after vigilant assessment, streamlining customs, services and procedures.
None of these systems are same, they have wide variety of features and a complete mapping of your requirements and software features needed to be carried out prior to selecting the product. However, if you are only interested in obtaining the accounts, we will decide on the appropriate product for your operation.
In addition, we have affiliation with reputed locally made software companies. Considering all aspects, we will assist to choose the best and will let you know any drawbacks, unlike software vendors who will “promise everything yet deliver nothing”
It is imperative that professional decisions to be made on right product or service for you, only rely on an expert with knowledge of IT, Accounting and available systems who will be able to perform.
In the event you have already purchased software with much promise and do not get the expected results, we will evaluate and match with your requirements using the current system and making suggestions without waste of further investment.
While is not essential for you to invest on software systems, we highly recommend either using one of internationally acclaimed packages to get the work done as it makes a world of difference in your organization and its operations. Some of the commonly used and recommended international systems include:
QuickBooks : World’s most popular
Sage 50 : UK’s most popular
Peachtree : USA No. 2
Attaché : Australia’s most popular mid-Range with multi-
warehousing
MYOB : Australia’s most popular small scale
Accpac : Canada’s most popular small scale
Busy : Upcoming Indian package with complete features
Kashflow : Award winning alternative to Sage and QuickBooks
It will certainly be in the interest to you that we are able to train your staff to work with any of the above systems and get the best out of any such systems. Apparently the best thing is, we will analyze your requirements and suggest alternatives, what is best for you, which no vendor is capable or willing to handle.
Deliverables
In the event you contract us for specific assignment, there is no doubt you expect positive outcome. At the outset, we will agree on what to be delivered, when and how often. Conditions can be adjusted and modified in order to accomplish the goals on mutual consent.
All In One ( One stop shop )
We treat one another with respect and take pride in the significant contributions that come from diversity of individuals and ideas. Our continued success requires us to provide excellent services. We are committed to openness and trust in all of our relationships. You will have the added benefit of dealing with one person one party at all times with favourable impact on the productive output.
“A man who is his own doctor has a fool for his patient ”
Full Time Service
We show our clients the respect and they deserve fair and equitable treatment, clear agreements and honest feedback on performance. Nevertheless staff who will join and leave, sign in and sign off, we will make available fulltime service to you.
“A volunteer is worth twenty pressed men”
Cost effectiveness
We cannot quote a fixed cost as that will depend on scope, in fact you will really be delighted at the cost savings and business improvements our services will extensively generate. Underlying the fact that we are currently having customers who are making monthly payments to obtain all their Accounting requirements outsourced.
Brand Values
“Success is never permanent, failure is never final, hence, never stop trying until our victory ,makes history”
We have created a brand name for our Company by looking after each of our clients with an equal amount of care and responsibility. It is decisive for our success and our band name has helped people to recognize us among our competitors. Branding is the source of the promise to our customers and clients in order for that promise to radiate from every part of our company create the structure needs to succeed. We have combined areas of competency, particularly technological sophistication, competency and self-efficacy to implement brand management and in order to reach the pinnacle of success.
How to Start?
“A journey of a thousand miles begins with a single step”
You just indicate your requirement and we will meet you and discuss what exactly you require and how can we deliver. Subsequently, we will propose a suitable model or few other alternatives with cost. Once you agree on a model, we enter into an agreement and commence work. We tailor our solutions to suit our clients, offer flexibility and work alongside with our clients. Eventually we are certain that you will find working with our team is a vibrant experience.
Contact Us
We might be a good fit for your next project. Have questions? We are here to help your inquiries. Get it touch with us today itself.