Finance & Accounting Outsourcing

Ramakrishnan & Co. LLP provides Finance & Accounting Outsourcing Services to businesses in India and overseas, with experience supporting companies across Europe and the Middle East.

We assist finance teams with recurring accounting, transaction processing, reconciliations, reporting and compliance activities, working within the client’s existing systems, processes and reporting timelines.

Bookkeeping & General Accounting

Our services include:

• Recording and processing of accounting transactions
• General ledger maintenance
• Bank and credit card reconciliations
• Accruals and prepayments
• Fixed asset accounting
• Inter-company accounting and reconciliations
• Balance sheet reconciliations
• Multi-currency accounting
• Period-end accounting support

Accounts Payable

We support clients with:

• Supplier invoice processing
• Purchase ledger maintenance
• Supplier reconciliations
• AP ageing analysis
• Preparation of payment schedules
• Payment processing support
• Follow-up of outstanding and disputed items
• Period-end AP reconciliation

Accounts Receivable

Our Accounts Receivable support includes:

• Customer invoicing
• Sales ledger maintenance
• Receipt allocation
• Customer account reconciliations
• AR ageing analysis
• Monitoring overdue receivables
• Collection follow-up support
• Period-end AR reconciliation

VAT, Indirect Tax & Regulatory Reporting

Depending on the client's jurisdiction and reporting requirements, our support may include:

• VAT return preparation and filing support
• VAT reconciliations
• VIES and other intra-EU transaction reporting
• Intrastat Arrivals and Dispatches reporting
• UK Plastic Packaging Tax compliance
• Preparation of supporting schedules and working papers
• Reconciliation of returns with accounting records
• Other jurisdiction-specific indirect tax, statistical and regulatory reporting
• Coordination with local tax advisers, auditors and finance teams where required

Month-End Close & Management Reporting

We assist with:

• Month-end closing
• Accruals and prepayments
• Bank and balance sheet reconciliations
• AP and AR review
• Inter-company reconciliations
• Trial balance review
• Profit and Loss and Balance Sheet reporting
• Management accounts
• Working capital and ageing analysis
• Preparation of schedules for management and auditors