Mortgage Accounting and Bookkeeping Support Services
Get end-to-end transparent mortgage accounting and bookkeeping support from our experts completed using advanced tools with 98% accuracy at affordable rates
For lenders and investors, keeping their business accounts and financial data up to date is essential for efficient management. Disparity and unaccountability of any transactions can lead to erroneous balance sheets which can have a negative impact on a business's credibility and future operations. Also, making amendments and adjustments at the last minute can be time-consuming and highly expensive. If hiring an in-house team for account maintenance and bookkeeping turns out to challenging and costly then outsourcing mortgage accounting and bookkeeping support services comes as a smart and cost-effective option, especially, for small and medium enterprises.
Flatworld Solutions, with an experience of over 22 years in professional mortgage accounting and bookkeeping services, provides top-notch accounting, bookkeeping, and tax planning services. ISO-certified and GAAP and GSE regulated, our accounting and bookkeeping services are fair, transparent, and accurate.
Specialized Mortgage Accounting and Bookkeeping Support Services We Offer
Flatworld Solutions houses a team of accounting, auditing and bookkeeping experts with an inherent understanding of all tools and techniques for efficient accounts and bookkeeping management. Below is the comprehensive list of expert services we provide for mortgage accounting and bookkeeping support -
Cash Flow Management and Cost Segregation
Documenting and comparing the cash inflows and outflows help us in tracking the profitability of the client's mortgage approval process. Our experts also employ intelligent cost segregation techniques and extend insightful advice to lenders and investors regarding future financial planning and decision-making.
Ledger Accounting and Management
We have highly experienced professionals in our team who can record, analyze, and manage all your yearly financial transactions, accurately, thus, eliminating any chances of errors. Our proficient team has the aid of future-driven accounting and bookkeeping tools to ensure that your accounts are up-to-date and are maintained flawlessly.
Accounts Payable and Receivable
Documenting, processing, and compiling all files and invoices on outstanding payments and receivables are all integral parts of our mortgage accounting and bookkeeping support services. Our accounts payable services extend concise and quick processing of outstanding payments to ensure that they do not incur losses or hefty bad debts at the end of the financial year. We offer the following services under accounts payable -
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Keeping track of unpaid invoices. - Recording customer payments via cash, cheques, credit/debit card, etc.
- Management and verification of local deposit transactions.
- Matching of accounts payable and receivables to draw out comprehensive reports.
- Resolving valid deductions.
- Spotting disparity in accounts or sales information, etc.
- Payment collection processing as per payment terms, plans, history, and credit options.
Developing Tax Saving Strategies
Tax planning is one of the crucial parts of accounting. However, significant expertise is required in the field to correctly plan and employ tax saving schemes. Flatworld Solutions offers you the best of minds that can maximize your tax savings. It is important to understand that all our strategies regarding tax saving are within the federal norms and are GSE compliant.
Bank and Credit Card Reconciliation
Ascertaining the differences between accounts and reconciling these records are must in mortgage accounting and bookkeeping support solutions. Reconciliation of credit cards as per the bank records, matching the cash book and passbook, reconciliation of invoices with journal and ledger entries, and other services are covered when you hire us as your mortgage accounting and bookkeeping support service provider.
Analysis of Statements and Generating Predictive Reports
We are a leading mortgage accounting and bookkeeping support service providing company in the world and our well-versed financial reports and highly accurate financial trends predictions are our biggest USPs. In fact, our concise reports have paved the way to better manage the mortgage loan approval process for our clients.
QuickBooks Accounting Support Services
Intuit QuickBooks is one of the most vastly used software in accounting management. We have a separate team of professionals that has expertise in working with the software for all your mortgage processing needs. From cash flow management to documentation of financial data, QuickBooks can help in efficiently managing volume accounting work in record times.
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Understanding the scope of work and determining the parameters and KPIs
Employing a specialized team headed by a senior professional to carry out all the defined tasks and communicate with the client on a regular basis
Secured transfer of all files, receipts, cash and bank statements, gift cards, etc., by the client
The assigned team starts compilation, data analysis, and begins with journal and ledger entries
The bookkeeping and accounting entries are then sent for approval, first to the project head and later to the client for verification
Once we receive the client's approval, the team gets on with the preparation of balance sheet and PNC statement
The final accounts and books along with financial reports containing future financial predictions are sent to the client
Additional Services You Can Benefit From
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Client Success Stories
We Provided Title Search Services to the Client based in the US
Processing paperwork for title search support and several other mortgage services were provided to a title settlement company. The client realized several benefits in succession through our services.
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How We Helped a Mortgage Valuation Company Increase His Business ROI
Discover how we helped a mortgage valuation client scale and shrink the TAT. Also, find how they experienced a 25% jump in business while the cost reduced by 50% with no slack in quality.
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Mortgage Processing
Our Customers
Case Studies
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Flatworld's Automated Solution - MSuite Reduced Loan Closing Time Significantly for a US Client
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FWS Used its Tool, MSuite, to Enable a Leading Mortgage Company Streamline its Processes
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FWS Used its Tool, MSuite, to Enable a Leading Mortgage Company Streamline its Processes
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FWS Automated the Data Indexing and Extraction Process Using its Tool, MSuite, For a Top Mortgage Company
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Flatworld Automated Underwriting Processes for a Leading US Residential Lender
USA
Flatworld Solutions
116 Village Blvd, Suite 200, Princeton, NJ 08540
PHILIPPINES
Aeon Towers, J.P. Laurel Avenue, Bajada, Davao 8000
KSS Building, Buhangin Road Cor Olive Street, Davao City 8000
INDIA
Survey No.11, 3rd Floor, Indraprastha, Gubbi Cross, 81,
Hennur Bagalur Main Rd, Kuvempu Layout, Kothanur, Bengaluru, Karnataka 560077