Over 10 years we help companies reach their financial and branding goals. Engitech is a values-driven technology agency dedicated.

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engitech@oceanthemes.net

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Your Partner for
Financial Management

Financial management is the core area of any organization. Because it typically related to the finance, cash, profits, expenses and credit etc. Management of finance or large investments is based on the focal point of any organization or businesses. The term “financial management” refers to the organizational business that how they earn money and how they spend it with time. E-Tech financial management department provides enormous range of facilities to handle the business smoothly and steadily.

In terms of activities and procedures, E-Tech financial management departmental employees do the following core activities in the client business:

  • Planning and analyzing the overall financial activity of the organization. Generate the roadmap of organizational budget. Draw a line between profit and expenses.
  • Organizing the finance with step by step procedures. Make weekly, monthly and annually budget with estimated expenses and incomings. Also give briefing to staff about new ventures and policies for smooth workplace environment.
  • Leading and directing through proper channel in the organization is also a part of financial management. Overall plan is ready which includes cost estimation, total expenses and estimated return and now it’s time to implement the actual plan accordingly.

Controlling any flaws in the financial management. If any problem occur in the finance, backup plan should be ready to implement.

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Objectives of the E-Tech employees in financial management department

Following are the main objectives of the employees:

  • Maintenance of the funds, credit and expenses in the organization
  • Prepare daily, weekly, monthly and yearly budget with available resources
  • Make financial statements which typically includes balance sheet, cash flow statement and income statements which represent one another
  • To get good profits and returns build positive and prosperous relationships with organization partners and stakeholders
  • Ensure optimal and prime usage of the funds in best possible way

Creating best and most appropriate opportunities for investments

Personalized financial management services provided by E-Tech Accountancy

Not only above activities are performed by our staff but also other personalized services are also available in E-Tech financial management department. Whatever the client’s business is, we deals each and every client personally by providing best services. Our qualified and experienced staff not only give online services but also provide board-in meetings as an external advisors. E-Tech financial management department is an official partner to solve and manage all financial related issues. It contains the budget making, total cost estimation, refunds and profits maintenance records, making monthly payrolls etc. Anyone can get a clear idea of any organization by seeing the financial records or statements.

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Importance of financial management

Managing financial accounts in the organization is an important aspect whether the business is small or large. For managing smooth business activities every business needs an excellent and superlative experts which have the best knowledge of financial management. Following are the reasons that financial management in an organization is a very important factor.

  • E-Tech financial management employees mainly focus on regulating the credit activities in the organization.
  • They maintain every record with proper check and balance. Necessary precautions are measured before any problem occur.
  • Helps organization in the critical decision making process.
  • Effective utilization of funds, money and assets to enhance the productivity and profit.

Provides financial stability with partners and stakeholders.

business benefits

Financial Management

Services provided by E-Tech Accountancy financial management department

E-Tech Accountancy Company is one of the best accountancy company of UK which is serving across the globe from almost past fifteen years. E-Tech providing all kinds of business related accountancy (financial management, payroll and HRM) services not only in UK but around the worldwide. We use best accounting and payroll software to manage daily activities of any organization. Following are the main services provided by E-Tech accountancy company Ltd.

Cost Tracking and Allocation

Cost tracking software helps to track money of allocated resources. E-Tech Accountancy financial management department use dedicated software to calculate cost of monthly budget. It includes payroll calculation, wages, incentives, bonuses, bills and due receipt payments etc.

Reporting

Reporting to clients in every matter is the most salient feature. E-Tech employees has the duty to report each matter at the end of day to the owners of the company. In these reporting daily budget, expenses, output of the new projects are discussed. If any change or reassembling

Budget and Forecasts

Budgeting and forecasting is very influential thing in the organization. Because all types of business activities depends ultimately on the budget and forecasts. Budget is the making of record based on revenues and expenses which is usually monthly or quarterly and annually.

Management of Financial accounts

E-Tech accountancy financial management employees are skillful to maintain all financial accounts of the organization. When any organization contact us for asking assistance to manage their business related financial accounts, Our qualified staff immediately guide them with best possible method. It consist of online meeting

Making of Financial Statements

Financial statements are the authorized and conventional records of any organization that determines the performance, stability and liquidity of an organization. These are the statements or records which are audited by tax agencies, governments, accountants and firms. By seeking these financial statements anyone can examine the stability

Reconciliations

Reconciliation means to certify that two records of different accounts are matched with each other. It means that total amount of money leaving an account should match with the money spent so that the account balance should be same and equal. E-Tech Accountancy employees focus on reconciliation of the accounts.

Management Accounts

We prepare periodic management accounts on your behalf and help you set-up internal systems.

Financial Accounts

Besides helping you meet the statutory requirements when preparing your Accounts

Management of Financial accounts

E-Tech accountancy financial management employees are skillful to maintain all financial accounts of the organization. When any organization contact us for asking assistance to manage their business related financial accounts, Our qualified staff immediately guide them with best possible method. It consist of online meeting or sometimes face to face meetings. We try to find best possible solution with limited resources, money and man power. Moreover, management of financial accounts includes the following tasks:

  • Prepare and analyze daily, weekly, monthly and annually accounts to avoid any redundancy. Every staff member understands and take his/her duties seriously and professionally.
  • Give daily reporting to clients and discuss important matter whether any decision needed.
  • Make any feasible statutory requirements to set up internal system.
  • Examine financial performance of client’s organization with the help of internal audit.

Maintain every client's organizational records carefully in an organized way.

Making of Financial Statements

Financial statements are the authorized and conventional records of any organization that determines the performance, stability and liquidity of an organization. These are the statements or records which are audited by tax agencies, governments, accountants and firms. By seeking these financial statements anyone can examine the stability of the organization and invest money or buy shares. E-Tech accountancy is a UK based company which are capable of making reliable and error free financial statements for individual or corporate businesses.

Purpose of financial statements:

  • Company owners and administrators use financial statements to make important decisions about the company. E-Tech financial management employees helps in decision making process to provide easiness.
  • Staff and other employees seek the help of financial statements to make collective bargaining agreement (CBA) with the partners and other competitors.
  • Other businessman and potential investors see these financial statements for the big investments and also while purchasing the shares of the company. Because by seeing this they have a clear idea of company overall stability and position in the marketplace.

Types of financial statements:

There are three types of financial statements in general. All these types of statements are easily made by E-Tech financial management employees.

  • Statement of financial position: It is also known as Balance sheet in daily life. Balance sheet tells about the position of a company in terms of Assets, liabilities and owner's equity. Also it determines how the assets are collected either with liability or stakeholder's equity.
  • Income statement: Generally income statements are also known as the statements of profit and loss. It represents either the company is in loss or gain profit at specific time. Income statement gives summary of revenues, expenses and earnings and net income of the company at specified date and time.

Cash flow statement: Cash flow statements determines the incomings and outgoings of a particular cash in the company. It involves the movement of cash. Cash flow statements always enhances the reliability of balance sheet and income statements.

Budget and Forecasts

Budgeting and forecasting is very influential thing in the organization. Because all types of business activities depends ultimately on the budget and forecasts. Budget is the making of record based on revenues and expenses which is usually monthly or quarterly and annually. Whereas estimation of future incomings and outgoings is the forecasting. Forecasting assist to determines whether the company has the capability to achieve particular success or not. E-Tech financial employees are skillful to make everlasting budget with most appropriate time.

Cost Tracking and Allocation

Cost tracking software helps to track money of allocated resources. E-Tech Accountancy financial management department use dedicated software to calculate cost of monthly budget. It includes payroll calculation, wages, incentives, bonuses, bills and due receipt payments etc. E-Tech Accounting and payroll software making life so hustle free so that owners of the organization easily focus towards betterment. E-Tech Accountancy provides online payroll slip calculator so that anyone can calculate at their own will. Our expert’s financial management staff are very responsible to calculate payrolls and other cost related matters with allocation of pay slips referred to specific employees. E-Tech Accountancy provides ease of business by taking all you problems, leaves you tension free from all hectic environment.

Reconciliation

Reconciliation means to certify that two records of different accounts are matched with each other. It means that total amount of money leaving an account should match with the money spent so that the account balance should be same and equal. E-Tech Accountancy employees focus on reconciliation of the accounts so that company's records compatible with third party reports. At the end of the period each record is balanced that's the main purpose of reconciliation.

Reporting

Reporting to clients in every matter is the most salient feature. E-Tech employees has the duty to report each matter at the end of day to the owner's of the company. In these reporting daily budget, expenses, output of the new projects are discussed. If any change or reassembling is required clients tell them to work on it. Daily reporting is a significant factor of any business to run smoothly.

Ratio and Trend Analysis
  • Trend ratio analysis is the analysis of the comparison of consecutive values of the company over the past year. It determines the company's performance, its liquidity and sustainability and position in the market. Usually it is used to gain the insight of the company's performance whether it's profitable or not. E-Tech employees makes proper record of ratio and trend analysis so that in any time clients get a visible picture of his company.

Key performance indicators

Key performance indicators are the distinguishable features of any organization or employees. These features includes company's market reputation, sold shares or value of one share, financial statements records etc. Working on these parameters any organization get a sustainable position in the marketplace. Moreover some performance indicators are also present for organization's staff. Like first of all they undergo with a proper screening test and interview then if they match with required job description then they are selected. After that monthly performance is measured of every staff member.

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