Providing tech-driven accounting services that deliver results for entrepreneurs

Helping them achive their goals with Dedicated Bookkeeping & Accounting, VAT Registration, Virtual CFO, Audit & Assurance and many more services.

Who is this for?

  • Results-driven businesses generating needing accurate and efficient financial record management

  • Companies seeking to optimize their financial systems and reduce bookkeeping errors

  • Entrepreneurs aiming to improve financial reporting and compliance to support business growth

  • Established businesses with a track record of success requiring advanced accounting solutions for enhanced operational efficiency

Results

Anisha Zaveri
CEO & Founder, Krysaliis LLC
Challenges
- Disorganized financial records hindering efficient transaction management.
- High incidence of bookkeeping errors due to manual processes.
- Time-consuming manual bookkeeping processes.
Solutions
- Centralized and organized financial records for easy accessibility.
- Implemented automated processes, reducing bookkeeping errors by 95%.
- Integrated e-commerce channels and banking accounts with ZOHO Books and ZOHO Inventory, reducing manual bookkeeping time by 40%.
Outcomes
- Saved Krysaliis LLC an estimated $100,000 annually.
- Greatly enhanced accuracy of financial reports and decision-making.
- Improved overall financial health and operational efficiency.

PeakHost Properties LLC: Case StudyChallenges
- Disorganized financial records with misaligned charts of accounts and inconsistent transaction categorization.
- Significant bookkeeping errors due to manual transaction recording.
- Chaotic invoicing process, leading to reimbursement inaccuracies.
Solutions
- Centralized and organized financial records for better accessibility and management.
- Implemented automated processes, reducing bookkeeping errors by 95%.
- Integrated QuickBooks Online and G-sheets, cutting manual bookkeeping time by 40% and invoicing time by 70%.
Outcomes
- Saved PeakHost Properties LLC an estimated $75,000 annually.
- Enhanced accuracy in financial reporting and invoicing.
- Improved financial health and operational efficiency.

Savvy Commune Pte. Ltd.: Case StudyChallenges
- Disorganized financial records with irrelevant Charts of Accounts and inconsistent categorization, leading to non-compliance with IFRS.
- Inaccurate financial statements due to improper recording of loyalty points and website development expenditures.
- Non-compliance with IRAS filings due to financial losses and failure to file annual tax statements.
Solutions
- Centralized and organized financial records with a systematic filing system, reducing manual bookkeeping time by 40% through bank account integration with Xero.
- Implemented automated processes, reducing bookkeeping errors by 95% and enhancing accuracy in invoicing, payment receipts, and financial reporting.
- Ensured accurate and timely processing of ACRA-related filings, as well as compliance with IRAS and CPF Board requirements.
Outcomes
- Improved financial record organization and compliance with IFRS.
- Enhanced accuracy in financial reporting and decision-making.
- Maintained regulatory compliance, reinforcing adherence to statutory obligations and improving overall operational efficiency.

What our clients say about us

Copyright © 2023 Octa Accountants