A well organized accounts receivable financing management function is significant to the cash flow of any business. Timely invoice preparation, a systematic tracking procedure, timely reporting of missing timesheet and unbilled invoices are just some of the ways we make sure that you stay on top of your Accounts Receivables. If you prefer, we can set up reminders and follow up on your behalf to ensure aging receivables are dealt with promptly.

We provide accounts payable procedures services such as payment scheduling, check mailing and electronic payments through the Internet.We can send you timely alerts and reminders to ensure that you are in compliance and that delayed payments do not blot the image of your company and your relationship with your suppliers.

One of the most complex transactions of any company is running payroll and ensuring its compliance with Income Tax, ESIC, Professional tax, PF and Gratuity. Every company in India is required to withhold taxes from the salaries disbursed to its employee on a monthly basis. We shall assist in setting up a proper payroll system/use the existing system, if any and ensure that the employee is paid as per the terms of his/her employment. In this connection, our services would include

• Update data relating to the loans (home etc) taken by the employees, recovery of which would be through the payroll in case Company has a policy in this regard.
• Processing payroll, preparation of pay-slips and disbursing pay ? cheques /bank transfer advice on a monthly basis.
• Processing of approved employee expense vouchers.
• Tracking of reimbursements like Medical reimbursements, Leave Travel expenses, etc.
• Assistance in deposit of statutory liabilities such as withholding tax, professional tax.
• Providing clarifications to employees from to time on the payroll related issues.

We also provide email reminders when its time to process payroll. A preview of your payroll is available to you with all mandatory and individually requested deductions and withholdings; so you can get an accurate picture before we receive your signoff. If you wish, we can work with your employees in mailing out pay slips or payment notifications.

We provide bookkeeping services and enter all your daily transactions, deposits, payments and invoices in an accounting software of your choice. All daily transactions are displayed in your dashboard so you have the relevant information at your fingertips. Mendon group adopts stringent quality checks in all accounting processes and guarantees absolute accuracy and confidentiality of your sensitive financial data.