Online Accountancy

Discover our latest innovative and secure online accounting solution to enable you to work simultaneously from any location 7 days a week, 24 hours a day, simply by using an internet connection. For best accountancy training  Best school of accountancy In Lahore . Manage online accounting with an accountant Through this solution, your accountant is prepared to make real-time and online corrections to the accounting entries you enter from your computer. Thus, it gives a true  collaboration with the accounting expert  who accompanies you. Indeed, this one can follow your online accounting, while evolving the solution according to your needs. 24/7 access to online bookkeeping From your private area, you can access all your archived, protected, classified and printable documents at will. In addition, our online accounting solution is multi-site and multi-user. So you can use it from anywhere, anytime and at the same time. Online accounting for enhanced security ...

If it consists of verifying and justifying all the items of account in the profit and loss account and the balance sheet , various missions await the person (s) in charge of them: The balance of suspense accounts (accounts 471 to 475). The amounts they contain are identified and re-allocated to the correct accounts The justification of cash accounts . They must be justified and reconciled with the extracts produced on the same date . For bank accounts, the accounting balance is reconciled with that of the corresponding bank statement The justification of accounts receivable and suppliers . The balances of the general statements must be reconciled with those of the auxiliary statements and then the lettering (reconciliation of customer invoices / suppliers and their settlement). Invoices not yet received or to be drawn up may then be entered in the accounts The justification of the social and fiscal accounts . A reconciliation with the corresponding social statements and dec...

The audit must be carried out at least once a year and is an important step in ensuring that the accounting records of an undertaking have been properly prepared and in accordance with the rules in force. For best accountancy training Best school of accountancy In Lahore . Presentation of its development ... Who can review a company's accounts? And when ? Because revising a company's accounts is anything but a trivial act, it is reserved for a small number of people . This can be done: The company through its manager or its accountant An accountant who can be the one who carries out the accounting of the company usually or another accountant to whom is entrusted specifically this mission As for the timing to drive it, it can vary since it can intervene in various situations  : At the end of the financial year , when the annual accounts are drawn up In-year to establish an interim accounting Due to a tax provision that extends the duration of the fiscal year ...

When a business advisor receives commissions from a company, they must be accounted for. How to do ? Here is some information about the accounting of the commission of a business advisor. What should be counted? It happens that the self-employed intermediaries who have quality business provider, are paid by a company. The business contribution agreement is then considered as an expense and must be entered in the accounting field . Account 6222  Commissions and brokerage on sales must be debited as well as account 445661  VAT deductible on other goods and services, then credit account 401 Suppliers.  But there is also a sales invoice sent to the customer , and in this case, it is  necessary to debit the account 411 Customers , then credit the account 44571 VAT collected. Lastly, when an advisor's commission relates to a business entered into before the end of the financial year , the company must account for an invoice that did not arrive at the end of the ...

When an employee or officer of a company commits an offense while in professional activity , he or she may be fined. For best accountancy training Best school of accountancy In Lahore . If the vehicle belongs to the company, then the company is considered liable, and the company must pay the fine. The accounting approach is a bit special in this case. For leaders When an officer commits an offense and is fined, it is sometimes the company that pays. The offense must be recorded in writing . It can be recognized as an expense by debiting the Penalties, Taxes and Penalties account and crediting Account 512 , Bank. But this is not the only possibility: if the company is a company, then it is possible to register the fine in the current account of partner, and therefore debit account 4551 Associates Current accounts, and credit account 512 Bank. It is up to the company to decide what it prefers. However, in any case, the fine is not tax deductible . For Employees When an emp...