A robust R2R process is integral to ensure the business is firing on all cylinders, and that all those cylinders are not compromised. Management, stakeholders, auditors, regulators – Everyone’s job is easier with a seamless and transparent R2R process. Here’s what we can do for you :

  • Data Collection and Validation

Initiate the R2R process by collecting financial data from various sources. Validate the accuracy and completeness of the data to ensure a reliable foundation for financial reporting.

  • Journal Entry Preparation

Create detailed journal entries based on the collected data. Ensure adherence to accounting standards and principles. Provide transparent documentation for every entry to support audit trails.

  • General Ledger Maintenance

Update and maintain the general ledger with the recorded journal entries. This step involves organizing financial transactions into specific accounts, enabling a clear overview of the financial health of the organization.

  • Accruals and Deferrals

Accurately account for accruals and deferrals to match revenue and expenses with the period in which they are incurred. This ensures financial statements reflect the economic reality of the business.

  • Period-End Closing Procedures

Execute comprehensive closing procedures at the end of each financial period. This includes reconciling accounts, reviewing financial statements, and preparing reports for management and stakeholders.

  • Financial Reporting and Analysis

Generate detailed financial reports, such as income statements, balance sheets, and cash flow statements. Conduct in-depth analysis to provide valuable insights into the financial performance of the organization.

  • Internal and External Audits

Facilitate internal and external audits by providing auditors with the necessary documentation and explanations. Maintain a transparent and well-documented R2R process to support audit trails.

  • Continuous Improvement

Regularly review and enhance the R2R process for efficiency and effectiveness. Leverage technology and best practices to streamline workflows, reduce errors, and optimize resource utilization.

  • General Accounting and Bookkeeping
  • Fixed Assets Accounting
  • Inter Company Accounting
  • Bank and General Ledger Reconciliations
  • Cash and Treasury Management
  • Financial Reporting
  • Management Reporting
  • Inventory Management and Accounting
  • Revenue Accounting
  • Closing Accounting