Finance
Finance
Finance | Our Services | VITAL

Home > Our Services > Finance Services

Finance Services

VITAL has a team of knowledgeable finance specialists, who have experience in serving more than 40 agencies from the public sector. We have the expertise to manage your finance processes efficiently and effectively.

As VITAL takes care of your finance processes, you can focus on your core operations, taking your business to greater heights.

VITAL's comprehensive suites of Finance Solutions are as follows:

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Asset Management

Asset Accounting

  • Maintenance of asset records for additions, transfers and retirements

  • Ensuring consistent application of asset accounting and capitalization standards

Asset & Inventory Tagging

  • Maintaining and print asset IDs

  • Doing on-site tagging of assets

Annual Stock Take

  • Doing on-site stock-taking

  • Preparing monthly/yearly asset reports

Disposal of Assets

  • Arranging for the disposal of physical assets

Payables & Ledger

Accounts Payables

  • Processing and Effecting Payments

  • Maintenance of Public Utilities Block Billing System Accounts (PUBBS)

  • Creation of Vendor Records

Ledger Maintenance

  • Passing Journals to Cash Ledger

  • Maintaining Chart-fields and Trees

Receivables & Deposits

Accounts Receivables

  • Billing and Collection

  • Accounting for Revenue/Deposit Collections

Deposits

  • Refunding of Deposits

  • Deposit Reconciliations

Advance Management

  • Processing Advance Requests

  • Recovery of Advance Payments

  • Advance Reconciliations

Imprest Management

  • Processing Imprest Requests


Home > Our Services > Finance Services

Finance Services

VITAL has a team of knowledgeable finance specialists, who have experience in serving more than 40 agencies from the public sector. We have the expertise to manage your finance processes efficiently and effectively.

As VITAL takes care of your finance processes, you can focus on your core operations, taking your business to greater heights.

VITAL's comprehensive suites of Finance Solutions are as follows:

 | 

 | 

 

 


Asset Management

Asset Accounting

  • Maintenance of asset records for additions, transfers and retirements

  • Ensuring consistent application of asset accounting and capitalization standards

Asset & Inventory Tagging

  • Maintaining and print asset IDs

  • Doing on-site tagging of assets

Annual Stock Take

  • Doing on-site stock-taking

  • Preparing monthly/yearly asset reports

Disposal of Assets

  • Arranging for the disposal of physical assets

Payables & Ledger

Accounts Payables

  • Processing and Effecting Payments

  • Maintenance of Public Utilities Block Billing System Accounts (PUBBS)

  • Creation of Vendor Records

Ledger Maintenance

  • Passing Journals to Cash Ledger

  • Maintaining Chart-fields and Trees

Receivables & Deposits

Accounts Receivables

  • Billing and Collection

  • Accounting for Revenue/Deposit Collections

Deposits

  • Refunding of Deposits

  • Deposit Reconciliations

Advance Management

  • Processing Advance Requests

  • Recovery of Advance Payments

  • Advance Reconciliations

Imprest Management

  • Processing Imprest Requests