Accounting Services

Concept

The Remote Invoice Preparing is a series of activities that begins with receiving timesheets and ends with printing invoices. In any organization Invoice Preparing is very vital function. The whole growth of any organization depends on revenue generation.

The process is we generate invoice from the timesheet of the consultant and then the invoice is mailed to the Customer. Then on this basis the customer pays. In Remote Invoice Processing we generate invoice remotely.

The objective is to use expertise. It will also be cost effective. It also Manage time, materials, labor. It fills the gaps in business performance and regulatory compliance. In short it is the Right mix of technology, process and expertise.

Process

At present we work remotely on cyberThink US server and raise invoices over there. The process is as follows:

We receive timesheets for consultants working with different customers through mail.
When we receive timesheets, we go through Resource Management Software to find out their billing cycle.
If matching timesheets are available as per their billing cycle, we proceed further.
In Quick Books we enter daily hours in timesheet. And then we create new invoice extracting time from the timesheet.
While preparing invoice we assure correctness of the following fields:
Customer Name Billing Cycle Billing Rate as per Resource Management Software Hours Worked Any Special Comments
After completion the invoices are being checked for errors by independent senior Person. Then only Actual Print is given.
This way they get Hard copy of invoice and Consultant's timesheet over there.

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