Yantra General Accounting Services
Resolving Accounting Processes with Certified Accounting and Cloud ERP Software Professionals
Yantra General Accounting Services
YGAP Certified Accounting ERP Professionals Act as your Finance and Accounting Team.
Yantrainc
General Accounting Practice (YGAP) provides
assistance with financial operations through
cloud software. Which frees up time and
resources to focus on your core competencies. We
become your extension and take responsibility
for performing routine accounting tasks, such as
bookkeeping, accounts payable and receivable,
and financial statement preparation.
With cloud ERP software model of
outsourcing, businesses can
streamline their accounting
processes and reduce operational
costs, while benefiting from access
to skilled accounting professionals
and advanced technologies and
expertise. Additionally, YGAP
provides businesses with real-time
insights and analytics to help them
make informed decisions about their
financial operations.
ERP Accounting Software Expertise
YGAP assists with accounting operations
by leveraging our expertise in ERP
accounting software and
financial management solutions to
streamline processes, improve
efficiency, and enhance the overall
financial health of their clients.
Here’s how we use our ERP expertise to
provide accounting assistance:
Cloud Accounting Software
Selection: Assist in selecting the
right cloud accounting software that best fits
business needs. The choice of software depends
on factors like the size of the business,
industry-specific requirements, and budget
constraints.
Implementation and Setup: YGAP
helps in configuring the software to align with
the client’s chart of accounts, tax codes, and
other financial parameters. This ensures that
the software captures the specific financial
data relevant to the client’s business.
Data Migration: If the client
is transitioning from legacy accounting systems
or spreadsheets, YGAP assists in migrating
financial data to the cloud platform. This
includes importing historical transactions,
customer data, vendor records, and more.
Automation and Integration:
YGAP leverages cloud software’s automation
capabilities to streamline financial processes.
For example, we can set up automated bank feeds,
recurring transactions, and invoice reminders.
Real-Time Financial Reporting:
Cloud accounting software provides real-time
access to financial data. YGAP fuses this
feature to generate up-to-date financial
reports, including income statements, balance
sheets, cash flow statements, and customized
reports tailored to the client’s needs.
Security and Data Backup: YGAP
ensures that client data is secure in the cloud.
They set up appropriate access controls, user
permissions, and data encryption. They also
establish regular data backup and disaster
recovery procedures to protect against data
loss.
Compliance: YGAP firms use
cloud software to stay up-to-date with
compliance requirements. This enables them to
provide advisory services to minimize
liabilities and ensure compliance.
Expense and Receipt
Management: Many cloud accounting
platforms offer tools for expense tracking and
receipt management. YGAP helps clients implement
these features to simplify expense reporting and
ensure that no deductible expenses are missed.
Scalability: YGAP ERP
accounting software expertise helps clients
adapt to changing needs by adding new features
or integrating additional modules as necessary.
Training and Support: YGAP
offers training to clients and their staff to
ensure they can effectively use the automated
accounting processes. We also provide ongoing
support and troubleshooting to address any
issues that may arise.
At Yantra General Accounting Practice we use
our ERP accounting software expertise to provide
a range of financial services that enhance our
clients’ financial operations. Offering
advantages in terms of accessibility,
automation, security, and scalability, enabling
YGAP to deliver more efficient and effective
accounting services.
Accounting Services offered Via YGAP
General Ledger
YGAP will work with your business to set up the
general ledger and configure it to reflect the
business’s chart of accounts, accounting
policies, and financial reporting requirements.
We ensure that all transactions are accurately
recorded, and generate regular reports from the
general ledger to provide a complete picture of
the organization’s financial health.
Accounts Payable
YGAP with accounts payable manages the payment of bills and invoices, including vendor management and reconciliation of accounts payable. We ensure that the balances match with external sources such as bank statements and other financial records, and provide any required ongoing support to the business.
YGAP with accounts payable manages the payment of bills and invoices, including vendor management and reconciliation of accounts payable. We ensure that the balances match with external sources such as bank statements and other financial records, and provide any required ongoing support to the business.
Accounts Receivable
YGAP will be responsible to manage and collect customer payments for goods or services provided. Generate and send invoices, process the payments received, and manage collections efforts for overdue accounts. We ensure that with AR management businesses improve cash flow, reduce administrative burden, and ensure that customers are paying their invoices on time.
YGAP will be responsible to manage and collect customer payments for goods or services provided. Generate and send invoices, process the payments received, and manage collections efforts for overdue accounts. We ensure that with AR management businesses improve cash flow, reduce administrative burden, and ensure that customers are paying their invoices on time.
CXO support
YGAP is designed to provide specialized assistance and guidance to top-level executives to carry out their duties more effectively. YGAP provides the necessary resources, information, and expertise to help them make strategic decisions, manage critical issues, and achieve the business objectives for strategic planning, and the right administrative control.
YGAP is designed to provide specialized assistance and guidance to top-level executives to carry out their duties more effectively. YGAP provides the necessary resources, information, and expertise to help them make strategic decisions, manage critical issues, and achieve the business objectives for strategic planning, and the right administrative control.
Services offered via YGAP
General Ledger
YGAP will work with your business to set up the general ledger and configure it to reflect the business's chart of accounts, accounting policies, and financial reporting requirements. We ensure that all transactions are accurately recorded, and generate regular reports from the general ledger to provide a complete picture of the organization's financial health.
Accounts Payable
YGAP with accounts payable manages the payment of bills and invoices, including vendor management and reconciliation of accounts payable. We ensure that the balances match with external sources such as bank statements and other financial records, and provide any required ongoing support to the business.
Accounts Receivable
YGAP will be responsible to manage and collect customer payments for goods or services provided. Generate and send invoices, process the payments received, and manage collections efforts for overdue accounts. We ensure that with AR management businesses improve cash flow, reduce administrative burden, and ensure that customers are paying their invoices on time.
CXO support
YGAP is designed to provision for specialized assistance and guidance to top-level executives to carry out their duties more effectively. YGAP provides necessary resources, information, and expertise to help them make strategic decisions, manage critical issues, and achieve the business objectives for strategic planning, and the right administrative control.
Benefits Of YGAP
Cost Reduction
Cost savings through reduced operational costs, such as labor, infrastructure, and technology investments.
Efficiency
Improved efficiency by leveraging specialized expertise, streamlined processes, and automation.
Scalability
Scale operations up or down based on your business needs.
Consistency
Reduced manual errors and increase accuracy through standardized and optimized workflows.
Results
Enhanced vendor relationships through timely payments, improved communication, and vendor self-service portals.
Expertise
Experts in accounting with deep knowledge and experience in ERP management.
Frequently Asked Questions
We understand that navigating through various aspects of our products/services can sometimes raise questions, and we’re here to provide clarity and support. If you can’t find the answer you’re looking for or have specific inquiries, don’t hesitate to reach us. We’re here to assist you and provide personalized assistance whenever you need it.
Category:
Accounting
Services
Financial accounting advisory services involve providing specialized consulting and advisory support to businesses in areas related to financial reporting, accounting standards, regulatory compliance, and other financial matters. These services may include assistance with financial statement preparation, accounting policy development, internal controls evaluation, mergers and acquisitions, audit support, and regulatory compliance advisory.
Category:
Accounting
Services
Outsourcing accounting services offer several benefits for businesses, including cost savings, access to specialized expertise, increased efficiency, and reduced administrative burden. By outsourcing accounting tasks to a third-party service provider, businesses can focus on their core operations while leveraging the expertise of accounting professionals to ensure accurate financial reporting, compliance with regulations, and strategic financial management. Additionally, outsourcing allows businesses to scale their accounting operations more flexibly according to their needs and avoid the overhead costs associated with maintaining an in-house accounting department.�
