Cosmic offers the following complete and end-to-end range of services in Financial Accounting and Bookkeeping.

1. Business process Mapping, Migrating from Legacy Accounting / any Accounting system to US Accounting softwares like QuickBooks, Peachtree Accounting System, Creative Solutions etc.
2. A/R Management - Preparing Estimates, Record sales invoices, Tracking of A/R, Updating payments and Generation of A/R reports/aging reports.
3. A/P Management - Generation of Purchase orders, Entering Bills of vendors, tracking of A/P, Payments to vendors/suppliers, Generation of A/P reports, aging analysis etc.
4. Processing of vouchers of other income/expenses of transaction other than invoices/ bills. Income and Expense Tracking.
5. Record Banking transactions, credit card transactions, Prepare Bank accounts and periodic reconciliation of checking and credit card accounts, tracking unclear checks etc.
6. Inventory Management - Updating inventory levels, Track inventory usage, Generation of Inventory reports etc.
7. Maintaining General Ledgers/subsidiary ledgers. Prepare periodical adjusting and closing journal entries, handling year-end adjustments to GL, Trail Balance, P&L Accounts, and Balance Sheet.
8. Generation customized of Financial statements/ MIS Reports for internal use and reports and statements for banks/financial institutions etc.