Finance and Accounting

Easiprocess offers complete and diversified finance and accounting services across a range of industry verticals. The complex processes involved are managed efficiently under the adept guidance of professionals and consultants at Easiprocess.

Finance and Accounting services provided by us,

Services

Description

Daily Balancing

Balancing of Mortgage and Investment Accounts held in our client’s database on a daily basis.

Account Reconciliation

Reconciling of Mortgage and Investment balances with the respective consolidated report.

Research on Suspense Transactions

Tracing and clearing suspense transactions related to Mortgage and Investment Accounts.

Accounts Receivable

Processing and validating Mortgage Repayment and insurance premium cheques as well as transferring funds to the respective Mortgage Accounts.

Collections

Processing and validating additional deposit cheques and transferring funds to the respective Investment Accounts.

Penalty Calculations

Calculating penalties on notice accounts and implementing them on the respective Savings and Investment Accounts.

Cash book Reconciliation

Reconciling main and subsidiary cashbooks with their respective Bank Statements.

Exception reports

Verifying and updating the following exceptional transactions:

  • An overdrawn balance
  • An overpayment into an Individual Savings Account (ISA)
  • Transactions posted to a closed account
  • Transactions to an Individual Savings Account (ISA) with a status of pending for closure