ACCOUNTING SERVICES

 

 

With almost two decades of experience, we provide the entire range of accounting services including basic transaction recording, monthly management accounts, annual accounts, income tax advisory, VAT and NBT advisory. Our services will come with up to date knowledge on tax legislation to minimize you tax liabilities and fruitful advice to improve your business processes and enhance your profits.

 

We partner with world’s leading Internet based accounting software companies to provide the best quality, state of the art technology for your in house finance function. Good accounting function would definitely lead to better informed financial and business decisions.

 

If you are unable to operate your own accounting department due to lack of expertise or high cost, we provide the most cost effective solutions through our shared service centers. Our team of professionals will take care of your accounting function, and all your tax, payroll and any other regulatory matters, where as you can concentrate on developing  your co-business activities. We will look after the compliance without you having to worry as busy entrepreneurs.

COMPANY INCORPORATIONS / BOI REGISTRATIONS

 

 

Throughout the past fifteen years we have registered my business undertakings which include, limited liability companies, NGO’s, partnerships and sole trader businesses. These include very large scale foreign investments under Board of investments of Sri Lanka.

 

We are fully equipped to provide the full range of services from name approval to application and drawing up of Articles of association, share issues etc.

 

In addition we undertake the BOI registrations, preparation of project viability reports, coordination with all the relevant public authorities until you set up the business and start your commercial operation

ACCOUNTING SOFTWARE SOLUTIONS

 

We partner with some of the world’s leading cloud based accounting software companies.

 

 

XERO

(www.xero.com)

 

Xero is a fully integrated multi-currency web based accounting system designed and marketed around the world. This system is regarded as the number one cloud based accounting system in the world, widely used by the SME sector, with over 700,000 organizations around the world running Xero.

 

These are some of the specialized features of Xero which differentiates them from the other ordinary accounting packages available in the market.

 

• Fully integrated Accounts, Web shop and Stock system

• Multi-currency conversion function

• Contains a document storage facility

• Contains full stock control and reporting

• Any ware access

• E-Commerce and point of sales integration

• Multiple website can be run off the system

• Real time E-Commerce integration with automatic accounting and stock control.

• Lower cost due to efficient business model (License fee of $ 30 per month)

• Special added features like HRM integration, Fixed assets management, Time attendance and salaries etc.

• Can be operated from any smart device or tab

 

Inrax

(www.inrax.com)

 

Inrax is a fully integrated web based accounting system designed and marketed around the world jointly by Meier Pollard Limited, United Kingdom and Online Web Accounting an Irish firm of Chartered Accountants. This system runs in so many leading establishments in Ireland, UK, Europian Union and many other Asian Countries. AccountsAssist Business consultants act as a consultant for Implementations in Sri Lanka.

 

These are some of the specialized features of Inrax which differentiates us from the other ordinary accounting packages available in the market.

 

• Fully integrated Accounts, Web shop and Stock system

• Software includes a web building tool.

• Contains a document storage facility.

• Contains full stock control and reporting.

• Any ware access

• Multiple website can be run off the system

• Real time E-Commerce integration with automatic accounting and stock control.

• Lowest cost due to efficient business model ( starting from Rs. 2,500.00 per month as license fee)

COMPANY SECRETARIAL SERVICES

 

As a registered company secretory, we undertake to act as your company secretory with utmost trust. We do your company incorporation, we attend to your share issues and transfer matters, and we maintain all your board minutes and records. In addition will take care of your annual returns, share registers, and ensure you are in compliance with the laws.

MANAGEMENT SERVICES

 

We undertake

 

• Accounting system implementations

•  Recruitment of accounting staff

• Internal audit assignments

• Audit and assurance services

• Project reports and financing

• And any other business related advisory assignments.

SOFTWARE SOLUTIONS

 

We provide other internet based operational software solutions such as

 

• Payroll software

• Time attendance

• Hotel and restaurant management solutions

• Retail and point of sales systems

• Inventory and fixed assets management modules.

• Financial reporting software

• Service management and ERP

KPO / BPO

 

We offer shared services center operations to local and overseas companies which will bring in an immense cost savings and quality improvements. We operate on a very low cost model, which can be passed on to our clients without compromising a bit on the quality of delivery aspect.

 

We are comprised of high quality talent pool of qualified and part qualified professional accountants with years of experience and expertise. With flexibility to adjust our methods, processes and working hours to suit the client requirements, we will operate the highest standard shared services centers to full fill all our client requirements.

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With almost two decades of experience, we provide the entire range of accounting services including basic transaction recording, monthly management accounts, annual accounts, income tax advisory, VAT and NBT advisory. Our services will come with up to date knowledge on tax legislation to minimize you tax liabilities and fruitful advice to improve your business processes and enhance your profits.

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