Services

Accounting

Accounting Solutions for Success

In today’s competitive environment, cost, time, and resources are crucial factors for the success of both individuals and companies. At MAW Tax and Accounting Inc., we help you reduce costs, save time, and utilize effective resources. Our 360-degree Accounting Services provide you with ample time to focus on strategic planning, all while offering low-cost and effective analytical tools. We manage your accounts in a cost-effective and just-in-time (JIT) manner, and deliver value-added Management Information System (MIS) services.

Tailored Accounting Services

We study, analyze, and recommend solutions based on your specific needs. By thoroughly understanding your data, we consult on the right custom solutions tailored for you.

Our Wide Range of Services Includes:

  • Accounts Payable Services
  • Accounts Receivable Services

Detailed Accounts Payable Process

Once the process is completed, invoices are filed as “normal” in the General Ledger. MAW Tax and Accounting Inc. performs disbursements,
storing hard copies at our facility, and making e-images accessible online.

Accounts Payable Process:

  1. Data Capture
  2. Data Processing – Exception Management/Resolution
  3. Suspect Duplicate Analysis
  4. Disbursement Services

Additional Accounts Payable Services:

  • Preparation of bills (as required by TAD) and mailing upon client approval
  • Recording and accounting for revenue
  • Entering receivable transactions into the accounting system
  • Preparing and delivering periodic statements to the client

Software Used:

  • QuickBooks
  • MYOB

Accounts Payable Services Process:

  1. Invoice Receipt – Receive invoices & electronic invoices.
  2. Image and Data Capture – Documents are stored as images and all invoice images are viewable.
  3. Process and Route – Processed and routed to the relevant customer executives for approval.
  4. Disburse and Archive – Uploaded to the customer’s A/P system for payment.

Efficient Accounts Receivable Services

Our Accounts Receivable Services enable our customers to handle this key finance function effortlessly, impacting cash flow and maintaining a strong and vibrant business. We enhance control on every account with consistent follow-up on outstanding invoices and extensive reporting on account activity, facilitating quicker payments and improved cash flow.

Comprehensive Accounts Receivable Outsourcing Services:

We offer a wide spectrum of Accounts Receivable Outsourcing Services, providing our global customers the choice and flexibility to outsource all or part of their accounts receivable functions to us. Our services cater to customers around the globe, including the UK and the USA.

Key Features of Our Accounts Receivable Services:

  • Consistent follow-up on outstanding invoices
  • Extensive reporting on account activity
  • Quicker payments
  • Improved cash flow

Partner with MAW Tax and Accounting Inc. to streamline your accounting processes, reduce costs, and focus on strategic growth. Our tailored solutions and expertise ensure that your financial functions are managed efficiently and effectively.