• Recording daily transactions and maintaining general ledgers.
• Preparing monthly, quarterly, and annual financial statements.
• Reconciling bank accounts and credit card statements.
• Drafting management reports for decision-making.
• Drafting federal, state, and local tax filings (USA).
• Corporate and individual tax preparation support (USA, UK, Australia, and India).
• Ensuring compliance with IRS, HMRC, ATO, and Indian Income Tax regulations.
• Maintaining audit-ready records and supporting attorneys/accountants during tax audits.
• Managing employee payroll across multiple jurisdictions.
• Calculating wages, deductions, and benefits.
• Filing payroll taxes and ensuring compliance with local labor/tax laws.
• Providing employee pay slips and payroll reports.
• Processing vendor invoices and payments.
• Managing customer invoicing and collections.
• Reconciling accounts payable/receivable ledgers.
• Monitoring outstanding balances to improve cash flow.
At Lexorithm, we realize that finances shouldn't eat into your precious time. Our Finance & Accounting Outsourcing (FAO) services provide accuracy, compliance, and a 60% cost reduction for companies in USA, Canada, UK, and Australia. We take care of your numbers while you drive growth.