FINANCIAL SERVICES

Accounts reconciliation is the process of verifying an organization’s financial records and transactions in order to detect discrepancies. Today business activities in most of the organizations is multilayered and complex. However, despite sophisticated accounting systems in use to cater to these needs, account reconciliation continues to be that one indispensable step to ensure that all the figures add up right

Account reconciliation is the tactical task including verification of accounting records of an organization which are consistent with the bank statements. Thus, a detailed check of an organization's financial records, bank statements, client and vendor bills and all supporting documents to detect discrepancies, address them and reconcile the final balance.

It accounts for checks outstanding, deposits in transit and reveals errors in the records.

Efficient bank account reconciliation is vital for auditors to determine the correctness of a company’s financial statements and to ensure compliance with regulatory/ statutory requirements. Accounting reconciliation is a vital tool for company auditors to determine the veracity of a company's financial statements and its internal reporting.

DATA SECURITY

Integrity, confidentiality, assurance, infallible is our commitments. In regard to our commitments customer information is laid under the comprehensive security policy which provides complete reassurance to our costumer in the area of offshore taxation services.

• Limited disclosure with employees
• Point to point data links
• Security pervasive at every levels
• High-end Firewall protection

OUR RECONCILIATION SERVICES

Bank Reconciliation

Bank reconciliation is the process of confirming that the balance in one's checkbook matches the corresponding bank statement. “Global Outsourcing to India” has skilled and professional accountants to provide bank reconciliation services such as Checking Account Reconciliation, Savings Account Reconciliation and Payroll Account Reconciliation. Our professionals do bank reconciliation entries and generate bank reconciliation reports which avail our clients to get competitive advantage.

Reconciling your bank account is a costly and time consuming task that no business organization can afford to neglect. There are possibilities of deviations in the balance of the bank statement Vs. the balance in the cash account on the company's books.

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CUSTOMER

DEBTOR

SALES

WHY Global Outsourcing to India (G.O.T.I)?

• Comprehensive & professional reports on your bank statement
• Flexible reconciliation periods
• Reconciliation reports in electronic files or paper
• Full Reconcilement
• Partial Reconcilement
• Deposit Reconcilement
• Check Sequencing
• Paid checks matched against the issued check list
• Client-specific formats accepted for input data

G.O.T.I your ideal Reconciliation Partner?

• Competitive pricing edge without compromising on quality
• Emphasis on increased financial control for due diligence of financial statements
• Compliance with regulatory legislations like the Sarbanes-Oxley act
• Reduction in administrative and accounting expenses
• Reconciliation of financial statements in any of the accepted formats
• Improved and robust data security measures that ensure that your confidential data is safe
• Use of the latest and advanced software for reconciliation services