TSL Globlal Taxation and Accountancy




Taxation and Accountancy

  • One of the biggest costs to any company is those incurred from services that are essential but not profit generating.
    Professional fees or departments are sometimes seen as untouchable when it comes to cost reduction.

    • The fees are fixed by the profession
    • The service is integral to the safe running of a business
    • What do you do with the staff and resource when the business is quiet?
    •  

      TSL Global Consultancy understands that for every business being able to control costs is fundamental to steering the business through even the toughest waters.

      That is why we have established TSL Global Taxation and Accountancy as an offshore strategy for managing professional finance costs and providing more direct control back to the business.

      Choosing the right outsourcing strategy

      The outsourcing strategy shouldn’t just focus only on the savings on the professional overheads, but it should address the longer term vision, to improve the operational efficiency of the business.
      When implemented correctly, the strategy adopted will help to

      • • Be absolutely flexible to the frequent business changes/requirements,
        • Convert the fixed costs to reduced variable costs
        • Bring control measures and processes into financial services
        • Keep professional departments and costs in line with the strategic management of the rest of the business

      Cost Benefits

      TSL Global Taxation and Accountancy provide the staff and systems necessary to drive down your business costs with saving of at least 30% on services normally contracted out to private professional firms or departments.

      Our staff are UK qualified CAA accountants and support that will ensure the same high standards of practice that your company expects from any professional practice.

      The services offered can be split into two categories

      Operational Financial Functions

      • • Booking Keeping & Transaction recording • Recording of Sales Bills/Vouchers, Cash Memos, Purchase Bills/Vouchers etc ,
        • Bank Reconciliation Statements,
        • General Ledger Bookkeeping Maintenance & set up,
        • Accounts Payable (AP) and Accounts Receivable (AR),
        • Payroll Preparation &
        • Assets/Equipment ledgers

      Corporate Accounting

      • • Preparation of Trial Balance,
        • Preparation of Income Statement (Profit & Loss),
        • Preparation of Balance Sheet & reporting,
        • Fixed Assets Process Reports,
        • Cash Flow Statement,
        • Financial Analysis,
        • Preparing Sales Reports,
        • Preparing Purchase Reports &
        • Monthly, Quarterly and Annual Financial Statements

      These services are not limited and we encourage you to Contact Us to discuss your own company’s specific requirements.

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