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PGFS solutions assist organization to reduce cost by over 50% and getting all advantages as if processes would have been done in house. PGFS processes have been appreciated for exceptional quality, remarkable turn around time and cost saving of over 50%.

Financial statement preparation

  • Compilation of income statement
  • Statement of retained earnings
  • Balance sheet
  • Cash flow
  • Projected financial statements

Virtual CFO

  • Setting up accounting guidance for organization
  • GAAP applications
  • Month and year end closing
  • Reporting to management
  • Tax assistance
  • Coordinating with accountants

Reporting

  • Establish and perform monthly, quarterly and year-end reporting
  • Prepare draft financial statements for management review
  • Prepare financial analysis
  • Comparison and variance analysis between actual and budgeted
  • Prepare management packs

Inventory Accounting

  • Maintain inventory records
  • Develop and update costs for products and services
  • Perform variance analysis
  • Analyze and set up transfer pricing

Capital assets

  • Maintenance of fixed asset register on the basis of class of assets
  • Calculate depreciation/amortization and book necessary journal entries
  • Calculate depreciation / amortization for Income Tax purpose
  • Assist in setting up deferred tax liability/asset on the basis of difference between tax values and book values
  • Account for write-offs and valuation adjustments

 
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