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Get comprehensive
accounting services

low cost fees with fast turnaround time – so you can get ahead of your busines

itialuS is your most trusted provider for accounting and bookkeeping services upholding the highest ethical and moral standards of practice.

We have a team in place with wealth of experience and knowledge to address your accounting needs. Whether you’re a sole trader, a business partnership, established corporation, or non-profit organization – we have a wide array of services to provide you with quality accounting service and the most value for your money

  • Our Scope Of Services
  • Bookkeeping Services
  • Maintaining Accounts Payable
  • Maintaining Accounts Receivable
  • Internal Audit & Compliance
  • Maintaining of General Ledger
  • Bookkeeping
  • Bank Reconciliation
  • Monthly cash flow forecasting
  • Budget Preparation – Once a year
  • Update daily General Ledger
  • Generate Monthly, quarterly, and annual financial reporting statements
  • Monthly Bank Reconciliation
  • Monthly cash flow forecasting
  • Developing Inventory & warehouse activities
  • Fixed assets management
  • Cover past back log unrecorded transaction
  • Budget Preparation – Once a year
  • Prepare manual policies and procedures
  • Bookkeeping (Update daily General Ledger)
  • Maintaining Accounts Payable (money out)
  • Maintaining Accounts Receivable (money in)
  • Maintaining & clean up the General Ledger
  • Bank Reconciliation
  • Internal Audit & Compliance

In order to maintain great relationships with suppliers, ensuring that they are paid on time is critical to your business. The role of the Payables Department includes


  • keeping an eye on opportunities to save money – for instance, determining if there are discounts or incentives available for paying certain vendors more quickly.
    At the very least, AP should be scheduled to assure that the least amount of money has to go out per payment, i.e., no late payment charges
  • WallPost allows you to manage accounts payable easily. WallPost organizes accounts payable data for you so that you kept up-to-date on how much the suppliers are owed and when bills are due
  • WallPost allows you to track and manage outstanding bills. Printing reports such as statement Vendors Report, the A/P Aging Report, and Suppliers Detail Report will also be generated easily for you

Another critical duty of the accounting department


  • To account for and track receivables, including outstanding invoices and any required collection actions
  • Accounts receivable is responsible for creating and tracking invoices. Its responsibility includes ensuring that customers pay these invoices on time – so a system of friendly reminders like WallPost is crucial
  • WallPost allows you to manage accounts receivable with ease
  • WallPost organizes accounts receivable data for you so that you will always know how much money you are owed
  • WallPost allows you to track and manage the overdue collection. You can easily print reports such as Statement customer Report, A/R Aging Report, and Customers’ Detail Report

The Internal Audit & Compliance department at itialuS will be responsible for


  • Overseeing the company’s financial operations – to ensure that they are in line with internal and external policies and regulations
  • It will also be responsible for all Financial Transactions’ compliance with IFRS and GAAP
  • This department will provide independent assurance that an organization’s risk management, governance, and internal control processes are operating effectively

Companies collect data via accounting software to prepare financial reports that can be used for


  • Budgeting
  • Forecasting
  • Other decision-making processes. Such reports and those are needed for communication with investors, banks and other professionals that play a role in the growth of your business



itialuS will be responsible for


  • Performing all accounting activities which are the day-to-day records of all financial transactions and other relevant financial information concerning a business

Bookkeeping


  • Involves the recording, on a daily basis, of a company’s financial transactions.
    With proper bookkeeping, companies are able to track all information on its books to make key operating, investing, and financing decisions



itialuS boasts Of


  • Wealth of knowledge and experience in Bookkeeping services
  • Our financial services teams comprise of well-trained financial experts skilled at using the latest finance and accounting software known with WallPost, which is a web-based ERP
  • we utilize and comply with IFRS and GAAP standards

Bank reconciliation is a process of matching the balances in an entity’s accounting records for a cash account to the corresponding information on a bank statement.
The goal of this process is


  • To ascertain the differences between the two and to book changes to the accounting records as appropriate
  • The information on the bank statement is the bank’s record of all transactions influencing the entity’s bank account

On Monthly basis, itialuS will issue the forecasting report


  • To show how much money a business expects to receive in and pay out
  • Developing Inventory & warehouse activities
  • Throw our inventory & procurement system you can control the company stock and achieve the fundamental goal is to keep inventory levels balanced at all times without ever having too much or too little product in stock. So staying on top of ordering, forecasting and storage are key parts of good quality inventory management
  • Fixed assets management



In corporate finance, asset management is the process of


  • Ensuring that a company’s tangible and intangible assets are maintained, and put to their highest and best use
  • We have a complete module to manage the asset creation, tracking, and evaluation
    Cover past backlog unrecorded transaction if the company have unrecorded transactions itialuS can prepare & upload the backlog in WallPost Software.

itialuS will prepare a yearly budget


  • To predict the incomes and expenses of the business on a short-term basis
  • Right projections of the cash flow help the business to achieve its targets in the right way
  • Financial budget preparation includes a detailed budget balance sheet, cash flow budget, the sources of incomes and expenses of the business, etc
  • Prepare manual policies and procedures
  • A set of policies are principles, rules, and guidelines formulated and adopted by an organization to reach its long-term goals and typically, Procedures is the specific methods employed to express policies in action in day-to-day operations of the organization
  • ItialuS will create or develop the policy & procedures Manuel and published in a booklet

Human Resources Management is the strategic approach to the
effective management of people in an organization so that they help the business gain a competitive advantageaccounting services

low cost fees with fast turnaround time – so you can get ahead of your busines

It is an essential process for corporate governance in facilitating effective entrepreneurial and judicious management that can deliver long-term success of the company. itialuS offers solutions that can multiply the effectiveness of your most valuable resources and will help you avoid the real business world’s many pitfalls.

As a business leader, Human Resources is the greatest ally in recruiting, training, and retaining the best team possible in your organization.

  • Our Scope Of Services
  • Bookkeeping Services
  • Maintaining Accounts Payable
  • Maintaining Accounts Receivable
  • Internal Audit & Compliance
  • Maintaining of General Ledger
  • Bookkeeping
  • Bank Reconciliation
  • Monthly cash flow forecasting
  • Budget Preparation – Once a year
  • Update daily General Ledger
  • Generate Monthly, quarterly, and annual financial reporting statements
  • Monthly Bank Reconciliation
  • Monthly cash flow forecasting
  • Developing Inventory & warehouse activities
  • Fixed assets management
  • Cover past back log unrecorded transaction
  • Budget Preparation – Once a year
  • Prepare manual policies and procedures
  • Bookkeeping (Update daily General Ledger)
  • Maintaining Accounts Payable (money out)
  • Maintaining Accounts Receivable (money in)
  • Maintaining & clean up the General Ledger
  • Bank Reconciliation
  • Internal Audit & Compliance

In order to maintain great relationships with suppliers, ensuring that they are paid on time is critical to your business. The role of the Payables Department includes


  • keeping an eye on opportunities to save money – for instance, determining if there are discounts or incentives available for paying certain vendors more quickly.
    At the very least, AP should be scheduled to assure that the least amount of money has to go out per payment, i.e., no late payment charges
  • WallPost allows you to manage accounts payable easily. WallPost organizes accounts payable data for you so that you kept up-to-date on how much the suppliers are owed and when bills are due
  • WallPost allows you to track and manage outstanding bills. Printing reports such as statement Vendors Report, the A/P Aging Report, and Suppliers Detail Report will also be generated easily for you

Another critical duty of the accounting department


  • To account for and track receivables, including outstanding invoices and any required collection actions
  • Accounts receivable is responsible for creating and tracking invoices. Its responsibility includes ensuring that customers pay these invoices on time – so a system of friendly reminders like WallPost is crucial
  • WallPost allows you to manage accounts receivable with ease
  • WallPost organizes accounts receivable data for you so that you will always know how much money you are owed
  • WallPost allows you to track and manage the overdue collection. You can easily print reports such as Statement customer Report, A/R Aging Report, and Customers’ Detail Report

The Internal Audit & Compliance department at itialuS will be responsible for


  • Overseeing the company’s financial operations – to ensure that they are in line with internal and external policies and regulations
  • It will also be responsible for all Financial Transactions’ compliance with IFRS and GAAP
  • This department will provide independent assurance that an organization’s risk management, governance, and internal control processes are operating effectively

Companies collect data via accounting software to prepare financial reports that can be used for


  • Budgeting
  • Forecasting
  • Other decision-making processes. Such reports and those are needed for communication with investors, banks and other professionals that play a role in the growth of your business



itialuS will be responsible for


  • Performing all accounting activities which are the day-to-day records of all financial transactions and other relevant financial information concerning a business

Bookkeeping


  • Involves the recording, on a daily basis, of a company’s financial transactions.
    With proper bookkeeping, companies are able to track all information on its books to make key operating, investing, and financing decisions



itialuS boasts Of


  • Wealth of knowledge and experience in Bookkeeping services
  • Our financial services teams comprise of well-trained financial experts skilled at using the latest finance and accounting software known with WallPost, which is a web-based ERP
  • we utilize and comply with IFRS and GAAP standards

Bank reconciliation is a process of matching the balances in an entity’s accounting records for a cash account to the corresponding information on a bank statement.
The goal of this process is


  • To ascertain the differences between the two and to book changes to the accounting records as appropriate
  • The information on the bank statement is the bank’s record of all transactions influencing the entity’s bank account

On Monthly basis, itialuS will issue the forecasting report


  • To show how much money a business expects to receive in and pay out
  • Developing Inventory & warehouse activities
  • Throw our inventory & procurement system you can control the company stock and achieve the fundamental goal is to keep inventory levels balanced at all times without ever having too much or too little product in stock. So staying on top of ordering, forecasting and storage are key parts of good quality inventory management
  • Fixed assets management



In corporate finance, asset management is the process of


  • Ensuring that a company’s tangible and intangible assets are maintained, and put to their highest and best use
  • We have a complete module to manage the asset creation, tracking, and evaluation
    Cover past backlog unrecorded transaction if the company have unrecorded transactions itialuS can prepare & upload the backlog in WallPost Software.

itialuS will prepare a yearly budget


  • To predict the incomes and expenses of the business on a short-term basis
  • Right projections of the cash flow help the business to achieve its targets in the right way
  • Financial budget preparation includes a detailed budget balance sheet, cash flow budget, the sources of incomes and expenses of the business, etc
  • Prepare manual policies and procedures
  • A set of policies are principles, rules, and guidelines formulated and adopted by an organization to reach its long-term goals and typically, Procedures is the specific methods employed to express policies in action in day-to-day operations of the organization
  • ItialuS will create or develop the policy & procedures Manuel and published in a booklet

We are a global professional services firm
delivering high quality tax consultancy services at the most competitive market price

Value Added Tax (VAT) is charged on the majority of business expenses incurred by companies who travel to do business inside of territory of the United Kingdom, European Union, Switzerland, and Norway.


The TAX Authorities in these countries have allowed foreign companies to recover the VAT paid on their business expenses in order to promote foreign trade and investment. Unfortunately, VAT worth billions of Euro remains unclaimed by companies who are unaware that they can recover this VAT or are deterred by the cumbersome procedures associated with the process of recovery.

  • Business expenses on which VAT can be reclaimed
  • Our services include
  • Hotels/Accommodation including related expenses such as food & beverages
  • Conference, Exhibition & Event Attendance and Participation
  • Professional/Consultancy Fees
  • Intercompany Fee/Information Office Expenses
  • Data & colocation Services
  • Aviation and Import VAT
  • Movie/Television production and Broadcasting Costs
  • Tooling and Warranty Costs, and many more



itialuS makes it convenient for your business to reclaim all eligible VAT by facilitating the VAT recovery process from the start to finish. Years of experience in the VAT recovery industry has enabled us to establish a set of procedures that ensure your claims are maximized and processed in the shortest possible time frame. We will also assist your company in ensuring compliance with international VAT laws and manage VAT registrations, where required.


  • One-stop solution for all Foreign VAT Reclaims from over 40 countries
  • Time tested processes for VAT recovery helps maximize your VAT reclaims
  • Multilingual processing team is able to coordinate with the Tax Authorities in local language improves the effectiveness of our services
  • Complete Transparency, with Online status, available reports to give you full transparency on the status of your VAT reclaims
  • NO REFUND = NO FEES, We charge fees only on effective reclaims
  • On-site Invoice retrieval services where we audit client’s international expense at their premises and identify each invoice that is eligible for VAT recovery
  • Self-retrieval services where we guide our clients through the invoice extraction process and cross-reference their findings using various reports to ensure that every eligible invoice has been located
  • Reissuing of incorrectly formatted or non-original invoices from the suppliers, where required
  • Processing and submission of foreign VAT claims in over 40 countries
  • Obtaining credit from suppliers/service providers in case of incorrectly charged VAT
  • Consultancy on VAT compliance requirements for any country across the globe

itialuS will be responsible for
creating payroll policies and procedures for the client

Along with providing full payroll support – including payroll management & filing and issuing individual payslip

Regular reports will be issued to give client management an overview, in relation to the following payroll items:


  • Admin Staff
  • Support Staff
  • Project Staff
  • Overtime Additions and Penalties Deductions

ACCOUNTING AND FINANCE

our offices

Qatar

itialuS Doha

Asset 2

United Kingdom

itialuS Riverside Ltd

Asset 2

Croatia

itialuS UTTRCO d.o.o.

Asset 2

India

itialuS Hemanth N

Asset 2

Philippines

itialuS OPC

Asset 2

United States of America

itialuS North America

Asset 2

Nigeria

itialuS IMS Solutions Plus LTD

Asset 2

Jordan

itialuS ALTAWFEQ

Asset 2

Rwanda

itialuS Biko

Asset 2

Thailand

itialuS MMN SYNDICATE

Asset 2

India

itialuS the Bookmate Consulting

Asset 2

Nigeria

itialuS AO Partners

Asset 2

Ghana

itialuS Leala-D Company Limited

Asset 2

The Gambia

itialuS Foresight

Asset 2

Kenya

itialuS M K Mazrui & Associates

Asset 2

Nigeria

itialuS IOA Premier Worldwide

Asset 2

Tunisia

itialuS Fidexia Digital

Asset 2

Office Details

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Make business with us
& become beautiful

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webwww.office-website.com

Location

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Chicago, USA

Working hours
Mon - Sat 8.00 - 18.00
Sunday CLOSED

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