Rhapsody Services launches XBRL Software and XBRL Filing Application

Rhapsody Accounting and Advisory Services launches i-file.in, the end to end XBRL software application as well as XBRL tagging services online tool on 12 August 2011.
PRLog (Press Release) - Aug 11, 2011 - i-file.in license is available for sale from 12 August 2011 as we have effectively been able to generate instance document which is passing the Beta version of Ministry of Corporate Affairs (MCA) Validation tool released by MCA on 29 July 2011. Our product is listed on the MCA website under the vendors list.
i-file.in is specially designed to take care of the XBRL filing requirements for :
*   A Corporate or a large enterprise
*   Practicing Chartered Accountant (CA) or Company Secretary (CS)
*   A BPO/ KPO or an outsourcing Accounting firm.
The basic features of the XBRL software tool are:
*   It’s an online tool using cloud computing technology-  so no need to go through the tedious process of installation through the CD etc
*   It is an anytime anywhere tool – so one can access it from anywhere meaning, if you are someone who is providing XBRL managed services for clients, then you can access it not only from your own office but also at the client location. If you are a Company, then you may access it at remote location and need not necessarily be in your own office.
*   It is a multiuser under single license software – so one can access or log in from any number of laptops or desk tops using the various logins which shall be provided.
*   Multiple filings – We have various packages but for larger organisations or firms etc, we have multiple filings which can be done. Thus no restriction in the number of filings
*   Inbuilt MCA validations – The application has inbuilt validations and thus the user need not worry about what might get missed etc
*   User friendly – Extremely user friendly human readable interfaces
*   Tagging – Can be done directly from final audited excel and word source documents
*   Review reports – The tool has various review reports which will facilitate review of the entire tagging process before generation of instance document
*   Audit module – Facilitating the certification of XBRL process.
*   Project management – The application has inbuilt project management dashboards for the Project managers to effectively monitor multiple filing scenarios
*   Role based logins – i-file.in provides role based logins to ensure effective control and data integrity.
*   User manual – The application comes with a very effective and extensive Technical and functional user manual.
*   Helpline – we provide 24/ 7 helpline anywhere and anytime.

As you are aware the output of the entire conversion to XBRL entails generation of Instance document in XML format (machine readable). The output from any Software needs to get validated by the MCA validation tool. The MCA validation tool is based on:
*   Taxonomy specified by MCA (available on MCA website)
*   MCA 21 Business rules (More than 700 in number including all dependencies etc)
*   Technical specifications of XBRL international and MCA
There are many good applications and tools in the market. Every potential user needs to check the ease of filing, the type and nature of validations and quality of review reports as well of the instance document before deciding on the application. One needs to consider the following essential core aspects:
*   Whether the XBRL Application is just a platform to perform tagging to MCA taxonomy and generate instance document or does it ease the process of tagging and is likely to generate a more accurate output.  If the tagging process is not done accurately, which is likely to be the case considering that this is the first year the user of the application will get to know only when the MCA Validation tool throws up errors and then the user will have to go through the entire process of untagging, retagging etc.  A good application will have inbuilt business rules, appropriate review report etc so that the XML instance document is accurate and passes the MCA validation tool with least effort
*   It is not sufficient to do just mandatory elements and minimum tagging. There are detailed calculations and business rules prescribed. One should also keep in mind the fact that this is the only filing being done with MCA and in accurate filing along with in accurate certification is inviting trouble/ notices etc from ROC
*   MCA 21 XBRL filing is very different from a normal Income tax filing. It is therefore essential to not look at MCA filing with a tax filing mindset.
We are of the firm belief that XBRL filing is a simple and easily understandable procedure, successfully being performed the world-over. Let us all understand the concepts and requirements of MCA filing as well as appreciate the essential features of a good and effective software or consultant so that the MCA filing on XBRL is just another routine filing and not a very complicated and earth shattering concept as some people are making it out to be.

# # # I-file.in the XBRL application services module of Rhapsody Accounting and Advisory Services, the pioneers in emerging areas in the Financial and Compliance world. Our Application and services are also listed on the MCA website.
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Reliable General Ledger Accounting and Maintenance Services India

PRLog (Press Release) - Aug 11, 2011 - The general ledger (nominal ledger) is one of the most important parts for accounting record of an industry. It will usually include accounts for such items as current assets, fixed assets, liabilities, revenue, expense items and gains and losses.

Hi-Tech Bookkeeping services provide end to end solution and services for general ledger accounting and maintenance services help out organizations to focus on the core functions. Our general ledger services utilize with a wide range and accurate general ledger software and applications like QuickBooks -2011, Peachtree, Sage Line 50 , Quicken, MYOB, IRIS, LaCerte , Pro Tax and etc..

Contact us Now For Free General Ledger Quote.

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Benefits of our General ledger accounting and maintenance services

• Generates the in order required to manage your industry
• Enables lenders and investors to see accurate and complete books
• Provides an exact picture of your organization's income
• Eliminates the possibility of being exposed to fines and penalties

Our general ledger services provide accurate date, description and balance or total amount for your each account at affordable cost.

Our general ledger accounting includes with various services

• Adjust for prepayments and accruals
• Process stock movement and adjustment journals
• Process payroll journals
• Process lease, purchase, loan and dividend journals
• Review all general ledger accounts and correct any posting errors
• Reconcile all balance sheet control accounts
• Provide copies of all journal entries made together with a detailed narrative of why the adjustment was made

Hi-Tech Bookkeeping services provide flexibility to outsource for your accounting department to us such as general ledger accounting and maintenance. Our vastly experienced accountants can assist you in different functions connected with your bookkeeping necessities.

For more details visit our website: - http://www.hitechbookkeepingservices.com/general_ledger_ ... or mail me for quick response info@hitechbookkeepingservices.com.

Affordable bookkeeping service and solution for all kind of business! Hi-Tech bookkeeping services firm is lead as a reliable small business bookkeeping services provider.

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Las Vegas Tax Services Firm Can Help Protect Taxpayers Faced With Mounting IRS Back Taxes

PRLog (Press Release) - Aug 03, 2011 - Las Vegas, August 3, 2011 - Contrary to what you see on TV advertisements, not everyone is eligible to save “pennies on the dollar” on their back taxes. In these cases, Las Vegas tax services help is still vital in preventing or halting debilitating IRS collection tactics so struggling taxpayers can preserve their finances to the greatest degree possible.

Many taxpayers in the current economic downturn are struggling to make ends meet, have lost their job, are living off their 401K plans – and are facing a hefty debt to the IRS. According to tax relief experts, the IRS is serious about its debt collection actions, appointing thousands of new collection personnel to ensure the federal agency collects on outstanding debts.

“Owing thousands of dollars in back taxes to the IRS puts you in a tough spot, but having to owe triple that amount in penalties and fees during this economy can be financial suicide,” said Helmer Milla, co-founder of Tax Relief Resolutions http://www.taxreliefresolutions.com. “Don’t wait until the IRS comes knocking on your door, the IRS has powerful enforcement tools — tax liens, levies, and wage garnishments, among them — to aggressively pursue delinquent taxpayers.”

According to Milla, there is a solution to every problem. However, it’s vital that consumers seek out a qualified tax relief firm that offers transparency throughout the tax resolution process so clients have realistic expectations for resolving their specific tax problems. An expert tax attorney or Certified Tax Relief Specialist can determine whether a taxpayer’s lack of ability to pay back taxes potentially qualifies them for an Offer in Compromise (OIC), which settles the tax debt for a lesser amount.

“Not everyone is eligible to save ‘pennies on the dollar’ on their back taxes- contrary to what some TV advertisements will have you believe,” Milla said. “Even if you can't get your IRS bill reduced, expert tax help can prevent or halt the IRS from managing your cash flow for you - via debilitating levies on your paycheck, bank account and assets – while helping you preserve your finances to the greatest degree possible.”

Las Vegas tax services firm Tax Relief Resolutions, a Centro Hispano & Associates Company, is dedicated to providing affordable solutions to businesses and individuals alike who find themselves in trouble with the IRS. With tax attorneys, enrolled agents, and CPAs, Tax Relief Resolutions has over 10 years of experience in IRS negotiations and resolution work using highly trained financial professionals. For more information or to receive a free tax relief consultation, visit http://www.taxreliefresolutions.com/ or call 702-253-9833

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Payment Services Corporation releases results of 2011 Independent Contractor Survey Results

Increased government scrutiny on misclassified workers demands that Fortune 500 and Global 2000 ensure contingent workforce satisfaction and PEO services deliver reduced admin costs and risk of fines and penalties for non-compliance.
PRLog (Press Release) – Jul 21, 2011 – Improvements in all service areas marks another strong year for Payment Services Corp.
OTTAWA, ON – Payment Services Corporation, (PSC) a leading Canadian Professional Employment Organization and provider of independent contractor payment solutions announced today the release of its annual independent contractor survey results for 2011.  Each year PSC polls its independent contractor community to determine the satisfaction being received through the provision of its services. A copy of the 2011 report can be downloaded from the PSC website at http://www.paymentservicescorp.com/psc-2011-contractor-s ....
"In a commodity based service, the number one differentiator that we can demonstrate to the market is the provision of exemplary services to the contractor community that we service. Clients engage us to reduce the administrative and business risks associated with the employment of independent contractors resulting in cost savings and the mitigation of potential fines and penalties (http://www.paymentservicescorp.com/blog/bid/37716/Employ ...) associated with worker misclassification issues. Given the critical productivity these resources bring to our clients' operations, they want to be assured that the contractor community is satisfied and remains productive. In today’s environment of increased government scrutiny regarding workforce misclassification, that’s the greatest value we can provide." commented Ted Weyn, Managing Partner of PSC.
2011 results demonstrated an overall improvement in all service areas over 2010.  "2010 was a good year for us but we were thrilled to see the overall improvement in 2011." said Maria Ricci, General Manager for PSC.  "We follow a "Kaizen" process of continuous improvement in all areas of service, seeing an improvement over last year supported our rigor in this area of operations. Our phenomenal service team just continues to impress." Ricci went on to say.
92.7% of all surveyed respondents rated PSC's overall services as either Extremely Satisfied or Satisfied.  "Being at almost 93% overall satisfaction is a great achievement by our team, but we will look to better those numbers in 2012." commented Weyn.
PSC's revenue and operating margin has more than doubled on compounded rate over the past three years. As our client and contractor ranks continue to grow, PSC will remain keenly focused on contractor risk mitigation strategies and exemplary service to our client and contractor community.
About Payment Services Corporation
Payment Services Corporation (PSC) is headquartered in Ottawa, ON and is one of the fastest growing Professional Employment and Payment Processing Organizations in Canada, in addition servicing U.S. markets.  With unparalleled experience and service, PSC continues to lead the market in best practices for the better management of independent contractor workforces. For more information, please visit http://www.paymentservicescorp.com or call 866-972-0616.
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Leading Distributor Re-signs ADA Technology Services in Four-Year Deal

PRLog (Press Release) – Jul 19, 2011 – Travel retail market specialist Scorpio Distributors Ltd will continue its partnership with ADA Technology Services after signing a six-figure contract, which will see the IT managed services specialist deliver a comprehensive IT outsourced service over a four-year term.

The deal follows a successful three-year partnership in which ADA provided a fully monitored IT environment, consolidated Scorpio’s IT infrastructure and implemented Microsoft Dynamics NAV across a marketing and distribution service that manages over 170 airlines, ferries, cruise liners and major duty-free shopping groups.

In addition to providing IT consolidation and virtualisation across Scorpio’s global platform, ADA will deliver disaster recovery support and Virtual CIO services in order to define Scorpio’s IT strategy. The move will allow Scorpio to focus on operational delivery and continue its rapid expansion plans, which have seen turnover grow from £12m to £25m over 4 years.

Carl Grieves, Chief Sales Officer at ADA Technology Services, comments: “As with any business, a successful partnership is one that is based on trust and Scorpio’s commitment to a four-year term demonstrates that ADA has achieved this. We are delighted with Scorpio’s decision and believe that the new service level agreement will continue to support their ambitious growth plans and help position the business as one of the UK’s most prominent distribution companies.”

Ian Cowie, Scorpio’s Chief Operational Officer, adds: “IT represents a huge component of Scorpio’s growth strategy and ADA’s skills, knowledge and expertise has meant that we haven’t worried about this side of the business since we began 1916338565  working with them in 2008. Our customers expect the best from a technology perspective and ADA continually ensures that we have in place whatever systems and procedures are necessary. ADA is just like any other department within the business and we see them as a key partner going forwards.”

For more information please contact enquiries@ada.co.uk, call 01444 232000 or visit http://www.ada.co.uk.

About ADA Technology Services

ADA combines strategic business understanding with technical expertise to deliver unrivalled levels of IT support. Through developing strategic partnerships with its clients and integrating their in-house services with ADA’s outsourcing expertise, ADA can help maximise both performance and profitability.

From a co-sourced or fully outsourced perspective, ADA delivers solutions on a project-by-project basis, as a supporting IT service or as a complete IT managed service. ADA provides global IT services that comprise infrastructure, storage, virtualisation, disaster recovery, data centres, hosting, business applications, IT consultancy and on-going support.

Regardless of sector, ADA’s ability to fully understand the strategic IT requirements of businesses means that it can deliver the best and most appropriate solution for its clients.

For further information please visit www.ada.co.uk.

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Outsourced Bank Reconciliation Services India | Reliable and Accurate

PRLog (Press Release) – Jul 13, 2011 – Every buddy knows that Bank reconciliation is a highly complex and time consuming process for all kind of business. Reconciling your bank account statement is an unlimited requirement even if it is a expensive and time consuming task .Hi-Tech Bookkeeping Services Company India is lead as a reliable provider of bank account reconciliation services for all kind of business.

Our professional can help you to resolve discrepancies in your bank statement by performing complex processes. We are specialist in to sorting various transactions by type or date, deducting errors or by adding deposits in transit with saving your valuable time and money.

Deal with us for affordable, Reliable and accurate bank reconciliation services at

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Our Bank Reconciliation Process/Services

•  Verify whether all checks written in a month are cleared by the bank
•  Verify whether all un cleared checks from previous month have been cleared by the bank
•  Verify whether all checks deposited have been actually credited by the bank
•  Match the balance as per books and as per bank statement
•  Enter the charges debited by bank and not appearing in the books
•  Enter the transactions not appearing in the books but in the bank statement
•  Reconcile the monthly balance as per books and statement

Our outsourced bank reconciliation service policy must put weight of the security of data provided by outsource clients. Our servers services taken in highly secured, firewall protected and well monitored round the clock by our experienced experts.

The plus point is each expert executive is assigned to only a single client, this service helps in developing specific knowledge required for that particular consumer.

Our bank reconciliation services must work with closely and understands core of your business and work with to adjust the bank account reconciliation statement in your bank statement.

Hi-Tech Bookkeeping Services -1241008838  Company utilizes best and well knows tools to make your bank reconciliation process more accurate. You can outsource all your bank reconciliation necessities including excel bank reconciliation to us.

Like to get more information visit our website http://www.hitechbookkeepingservices.com/  or email us at info@hitechbookkeepingservices.com.

Affordable bookkeeping service and solution for all kind of business! Hi-Tech bookkeeping services firm is lead as a reliable small business bookkeeping services provider.

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