PreciStat – Tax, Financial Accounting & Reporting Services:
PreciStat is at its best when servicing owner operated companies with the annual revenues ranging from $1 million to $100 million per year.
The firm has a long standing impeccable reputation of providing expert tax consulting, compliance, and planning advice for a multitude of clients in a variety of industries. In addition to providing accounting, bookkeeping services to clients both in India and the US, we also prepare Monthly, Quarterly and Annual Financial Statements to a large clientele including some well-established and notably recognized regional CPA firms in the United States.
The industries we service include: healthcare, real estate, non-profit, private schools, business services, manufacturing, distribution, entertainment and technology..
SERVICES IN DETAIL:
Taxation, Finance & Accounting:
- Tax Planning and Compliance
- General Ledger Accounting
- Financial Reporting on a monthly, quarterly or annual basis
Bookkeeping Services:
- Accounts Receivable
- Accounts Payable Management
- Bank Reconciliation
- Trial Balance Preparation
- Financial Statement Preparation
- General Ledger Accounting & Maintenance
- Payroll Processing
- Financial Reporting & Backend support for US Audit teams
Tools
- Great Plains
- Yardi
- MAPICS
- Factorsoft
- QuickBooks
- Tally
- CCH Tax & Financial Statement Products
- BNA Tax Research & Planning Products
- Thomson Tax Products
Bookkeeping services:
PreciStat collaborates with each client to deliver customized business process outsourcing (BPO) solutions that range in complexity from individual transaction-based functions, such as accounts payable, accounts receivable all the way to full-service finance and accounting functions including general ledger accounting, financial reporting, payroll processing and bank reconciliation.
As an outsourced service provider PreciStat enables clients to improve accuracy and reduce cost of modern accounting functions. We help clients optimize the efficiency and productivity of their skilled personnel to spend time on more value-added functions such as the analysis of costs, renegotiation of vendor contracts, collection of outstanding balances and accelerating cash flows, by offering a highly flexible portfolio of accounting solutions.
Platforms:
Our team is experienced in the use of various accounting tools including Great Plains, MAPICS, Factorsoft, Yardi, QuickBooks and Tally; Tax tools such as BNA income tax planner and Tax Library Research database, CCH products such as Prosystem FX and Engagement for financial statement work and Thomson products such as Gosystem Tax and Gofileroom.
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