I am a Chartered Accountant based in India. Having an experience of over half a decade in the field of Finance, while auditing several big multi-nationals and small and medium size businesses in India and globally, I realised that In this modern world of start-ups and enterprises, everyone knows what problem they are trying to solve through their start-up, but what they don’t know is the financial and compliance aspect of it. That is when i decided to start 'FATPOS', to bridge this gap and provide businesses with the service they require. Services Provided by us are
1) Traditional Accounting & Book-Keeping -Preparation of financial statements Accurate preparation of Balance Sheet, profit & Loss, Cash flow statement and other regulatory statements.
-Accounts Payable Ensuring timely and accurate payments of payable along with analysing the trend and monitoring of aged payables.
-Accounts Receivable Ensuring that receipt is recorded correctly against invoice issued along with follow-up with debtors for unpaid invoices and analysing the trend and life-cycle of receivables.
-Payroll Processing payroll in accurate & timely manner in line with compliances.
-Bank & Credit Card Reconciliation- Reconciling bank & cards to ensure that all transactions are recorded correctly.
- Tax Return filing- Filing of returns for both direct and indirect tax
2) Specialised services - Tax planning- Ensuring reduction in payable of tax in a legal manner by proper planning in compliance with the regulations applicable.
-Budgetary Preparation- Preparing budgets for your business and monitoring its progress and variance.
-Audit preparation- Ensuring that all records are in place so that there is no adverse finding in audit.
-Financial planning and Modelling- Making use of estimates to project different scenarios for the business.
-Consultancy Services Analysing the data available and converting it into meaningful information so as to help the management in making correct business decisions.
-MIS Reporting Monthly reporting of financial statements so that management has a track of the business performance.
3) Process Documentation & Automation By documenting the various process of your business, we ensure that the work never gets stuck in case employee leaves or personnel is not available. It ensures that the work is picked from where it was left earlier. By automating repetitive steps and using of AI tools, we ensure that the time taken to process a particular task is reduced.
4) ERP Suggestion & linking it with Ecommerce platforms Suggesting the best accounting software to be used based on the size and nature of business, along with its integration with various platforms like PayPal, Amazon, Shopify, Woo commerce etc.