Accounting
Welcome to KIN - Your Trusted Partner in Back Office Accounting Services
At KIN, we specialize in providing comprehensive back-office accounting services tailored to meet the unique needs of businesses across various industries. Our expertise and commitment to excellence ensure that your financial operations run smoothly, allowing you to focus on what you do best – growing your business.
Our Services
Quote-to-Cash (Q2C) Management
- Customer Data Management: Manage customer IDs, addresses, contacts, credit limits, and payment terms.
- Customer Billing: Generate manual or electronic invoices (activity-based or monthly). Schedule invoicing tasks to save time.
- Dispute Resolution & Reconciliation: Resolve disputes and reconcile customer accounts.
- AR Follow-ups: Send dunning emails and customer statements.
- Payment Posting & Invoice Allocation: Post customer payments and allocate invoices.
- Reports: Generate weekly AR aging and monthly DSO reports.
- Revenue Analysis: Analyze revenue by customer, class, location, and project.
Procure-to-Pay (P2P) Management
- Vendor Data Management: Manage vendor IDs, addresses, contacts, credit limits, and payment terms.
- Invoice Processing: Process vendor invoices promptly after approvals.
- AP Follow-ups & Reconciliation: Coordinate with vendors for follow-ups, statements, dispute resolutions, and account reconciliations.
- Payment Posting & Invoice Allocation: Post vendor payments and allocate invoices.
- Reports: Generate weekly P2P aging and monthly DPO reports.
- Cost Analysis: Analyze costs by vendor, class, location, and project.
Record-to-Report (R2R) Management
- Master Data Management: Manage account codes, bank details, and contacts.
- Bank Receipts Posting: Post customer payments and other receipts.
- Bank Payments Posting: Post payments to vendors and other expenses.
- Bank Integration: Automate and connect bank transactions with QuickBooks.
- Bank Reconciliations: Perform regular bank reconciliations.
- Chart of Accounts Management: Manage account codes, sub-accounts, departments, locations, and projects.
- Monthly Journals: Manage accruals, prepayments, payroll, depreciation, etc.
- Fixed Asset Management: Oversee fixed assets.
- Expense Allocation: Allocate expenses by class, location, and project.
- Account Reconciliations: Reconcile accounts, especially for logistics duties, demurrage, and security deposits.
- Financial Reports: Generate balance sheets, income statements, cash flow statements, and trial balances.
- Variance Analysis: Conduct variance analysis on financial reports.
Industries We Serve
- Healthcare
- Retail
- Manufacturing
- Real Estate
- Hospitality
- Technology
- Non-Profit Organizations
- Logistics/Transport
Why Choose Us?
- Industry Expertise: Our team of seasoned professionals has extensive experience in handling accounting tasks for a wide range of industries, including healthcare, retail, manufacturing, and more. We understand the specific challenges and regulatory requirements of each sector, ensuring compliance and accuracy in all our services.
- Customized Solutions: We recognize that every business is unique. That’s why we offer customized accounting solutions that align with your specific needs and goals. Whether you need assistance with payroll processing, accounts payable and receivable, or financial reporting, we’ve got you covered.
- Cost-Effective Services: Outsourcing your back-office accounting to us can significantly reduce your operational costs. Our scalable solutions allow you to pay only for the services you need, helping you manage your budget more effectively.
- Dedicated Support: Our commitment to customer satisfaction is unwavering. We offer dedicated support to address your queries and concerns promptly. Our team is always available to provide expert advice and assistance whenever you need it.
Get in Touch
Ready to streamline your back office accounting operations? Let KIN be your trusted partner in achieving financial excellence.