Outsourcing Services
Outsourcing Services
Nuvilant is a premium Accounts and Tax outsourcing solution Provider Company. We understand your Accounting and Tax requirements like no other. Set up by a team of Chartered Accountants we understand the minor details of Accounting business better than an IT or a Call Center Company, resulting into a long lasting relationship with our clients. Our expertise in variety of processes shows our robust understanding of Accounting business, resulting into a delightful customer service helping you to grow your company.
Nuvilant has a vast experience in assisting in Accountancy Practices and Businesses in USA, UK, Australia and other parts of the World in services ranging from Bookkeeping, Year-End Finalization, Personal Tax, Corporate Tax to Payroll and Trust Accounting services, and has earned a reputation of the “Most Preferred Outsourcing Partner” & “One stop shop for Accounting needs of different businesses”.
We offer services across portfolios and software tools:
Accounting Software
- ➜ XERO
- ➜ QUICKBOOKS
- ➜ PEACHTREE
- ➜ SAGE LINE 50
- ➜ MYOB
- ➜ SIMPLY ACCOUNTING
- ➜ ADP
- ➜ TALLY
- ➜ CSA
- ➜ Digita Accounts Production-UK
- ➜ Caseware-UK
- ➜ Sage payroll
Bookkeeping Services
Our Bookkeeping services ensure that your books are treated specially. We aim not only to provide you an error free book that suits your needs but also to confirm that you save a lot. We have an expertise in knowing operations of different businesses through the bookkeeping process, we provide guaranteed satisfaction.
Our Bookkeeping services include:
- ➜ Assets / Equipment’s ledger maintenance
- ➜ General ledger maintenance
- ➜ Expense ledger maintenance
- ➜ Accounts receivable services
- ➜ Accounts payable services
- ➜ Preparing ageing reports & summaries
- ➜ Bank account reconciliation services
- ➜ Credit card reconciliation services
- ➜ Inventory reconciliation
- ➜ Payroll reconciliations
- ➜ Cash flow management, etc.
VAT Services
VAT is one of the most complex tax regimes for businesses. With a team of professionals, Nuvilant provides one of the best outsourced VAT services provider. We have a very good exposure to different VAT Filing Schemes, the teams hold expert Knowledge on below VAT Schemes:
VAT services provider
- ➜ Standard Accounting
- ➜ Annual accounting
- ➜ Cash accounting
- ➜ VAT margin schemes for Second hand goods, art, antiques etc.
- ➜ VAT retail scheme
- ➜ Flat Rate Schemes
- ➜ VAT moss Scheme
- ➜ EU VAT Rules etc.
Payroll Services
We offer end to end payroll services at reasonable costs helping you to earn considerable margins and let you gain time as well to focus on you core operations.
The best part is we can customize payroll services to suit your requirements and provide a well-managed payroll solution. With us the payroll worries are off your head and costing is just an icing on the cake, i.e., you pay on per pay slip basis.
Our Payroll Services Include:
PAYROLL PROCESSING
- ➜ Calculating gross wages, Top Up, Holiday pay (including recovery of overpaid holiday pay deduction) etc.
- ➜ Creating and maintaining employee records within a payroll administration system
- ➜ Carrying out PAYE and NI calculations and deductions (including SSP and SMP/SPP deductions)
- ➜ Preparation of leaver P45s or joiners P45/P46 or student P38s form PAYE monthly/quarterly payment reminder
- ➜ Producing pay slips, management information & reports
- ➜ Preparing the management reports department wise and cost center wise
- ➜ Completion of the year end submission and issuing P14’s/P60’s/wages reconciliation
- ➜ Changing the status of the employees (if needed)
- ➜ We can also help clients in setting up child care voucher schemes
PAYROLL SET UP
It includes PAYE scheme registration/de-registration, employer set up in software, adding employees in the company.
Accounting And Bookkeeping Synopsis
- ➜ GL Accounting
- ➜ AP Bill Entry
- ➜ Supplier Reconciliation
- ➜ Suppliers’ Payment Processing
- ➜ AR Sales Invoice Preparation
- ➜ Customer Receipts Processing
- ➜ Credit Card Receipt Processing
- ➜ Payroll Accounting
Finalization of Accounts
- ➜ Analytical Review of general Ledger/nominal Activity
- ➜ Preparation of Year End Journals
- ➜ Finalization of Profit and Loss account and related schedules
- ➜ Finalization of Balance Sheet and related schedules
- ➜ Analytical Review of general Ledger/nominal Activity
- ➜ Preparation of Year End Journals
- ➜ Finalization of Profit and Loss account and related schedules
- ➜ Finalization of Balance Sheet and related schedules