PROPOSED SOLUTION
•Xero Accounting System - Chart of Accounts, Tax Codes and Invoice templates set up in compliance with VAT Law-Decree No.8
•Input opening balances per Trial Balance
•Create opening equity entries
•Bank Account Initiater access and Bank Statement link to Xero (where possible)
•Payment processes and controls
DELIVERABLES
•Accounting System in compliance with FTA Agreed processes and procedures for bookkeeping & payment processing
[10 working days from completion of client onboarding process
Workflow Guidance:
Minimum Outputs:
Timelog: Estimate spent on Task
Screenshot | Xero
Note: Use in task comment field for imagessee best practice for screenshots: https://kounted.teamwork.com/spaces/kounted-best-practices/page/7929-basic-teamwork-best-practice#uploading-imagesscreenshots