Services Section

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Shipping & Logistics Accounting Outsourcing Services-FISCFILER

At FISCFILER, we specialize in providing outsourced accounting services tailored to the unique needs of the shipping and logistics industry. Our team understands the complexities of freight management, inventory flow, carrier billing, fuel cost tracking, and global taxation. We offer end-to-end financial management solutions that streamline your operations, improve cash flow visibility, and ensure compliance with international accounting standards. By integrating advanced reporting tools and automation, FISCFILER helps logistics businesses reduce overhead, enhance decision-making, and stay focused on delivering value across the supply chain.

Our Shipping & Logistics Accounting Outsourcing Services

Processing of Freight bill, Comparing the freight bill to scanned bill of lading (BOL) and posting freight bills into the accounting or other logistics management software
Audit of freight invoices (can be done at transaction level too) for adherence to freight terms listed in bill of lading (BOL) and other shipping documents
Review of transactions posted and identifying significant errors including duplicate invoices and wrong freight rates
Audit of over-billing and claim rebates from carriers
Capturing order related information into ERP/Accounting system based on bill of lading, order and clients details, rate contracts, and other supporting documents
Prepare Invoice and send to customers
Track order status and updating delivery exceptions, held shipments and delays
Posting of purchase orders, Fuel Tickets, Time sheets, driver logs, and other relevant documents

Matching of invoices with PO & rate contracts and capturing them while adhering to clearly specified approvals and budgetary control procedures
Invoice processing , approvals , routing and exception handling
Processing invoices with invoice and PO posting or PO, Invoice and Goods receipts note posting
Detailed vendor reconciliation
Vendor ageing report
Approval of vendor bills and on-time payment to avail early payment discounts
Managing enough cash-flows
Raising electronic fund transfer(EFTs) requests to pay vendors

Bank reconciliation including credit card, lock-box deposits, checks and electronic fund transfers(EFTs)
Clearing and Inter-company (bridge) account reconciliation
Agent reconciliation
Merchant account reconciliation ensuring funds collected by merchant accounts tie-in with funds deposited by them in the bank accounts
Credit card reconciliation
Driver logs reconciliation

Posting of payments received from credit-card, checks(including lock-boxes) and cash deposits against open customer invoices
Accounts receivables aging reports
AR analysis
Ascertain and examine unpaid and partially paid invoices
Detailed analysis of receivables and ledgers for resolving historic AR issues and balances reconciliation
Reconciliation of cash deposits statements sent by agents and merchant account payments against the bank deposits
Scrutinize and understand the reason for unpaid balances
Categorize receivables according to ease of recoverability and plan action items accordingly
Preparation of easy to understand management reports

Preparation key-performance indicators(KPIs) report that cover both financial parameters and operating parameters such as on-time delivery, freight volumes and order fulfilment rates
Profit and loss statements,
Balance sheets
Cash-flow statements
Aging reports
Customized reporting based on client requirements

Maintaining General ledgers
Provision for monthly accruals and posting closing entries
Inter-company adjustment entries
Travel and entertainment expense accounting
Maintaining fixed asset register including depreciation, asset improvement, asset purchase and disposal

What we Offer

Freight forwarding

FISCFILER provides expert accounting services for freight forwarding businesses, ensuring accurate billing, cost tracking, and compliance with international trade and logistics standards.

Warehousing and storage

FISCFILER offers specialized accounting solutions for warehousing and storage businesses, focusing on inventory valuation, operational cost analysis, and real-time financial reporting.

Customs brokerage

FISCFILER delivers tailored accounting services for customs brokerage firms, ensuring precise duty calculations, compliance tracking, and streamlined financial management across cross-border operations.

Supply chain management

FISCFILER provides comprehensive accounting solutions for supply chain management businesses, enabling accurate cost tracking, financial planning, and real-time insights across the entire logistics network.

Transportation

FISCFILER offers dedicated accounting services for transportation businesses, focusing on fuel cost management, route profitability analysis, and streamlined financial reporting for better operational control.

Packaging and labelling

FISCFILER delivers specialized accounting services for packaging and labelling businesses, ensuring accurate cost allocation, inventory tracking, and financial reporting to optimize production and profitability.

Shipping & Logistics