Our Process

How We Work

A structured, transparent and disciplined process for managing accounting, finance and tax support.

NAMA works through a clear onboarding and service delivery process designed to keep records accurate, responsibilities defined, communication organized, and reporting timely.

Step by Step

Engagement Process

From first contact to ongoing monthly support — each stage is defined, documented, and followed consistently.

01
Initial Consultation

We understand the client's business, market, current accounting setup, service requirements, reporting needs, and key pain points.

02
Requirement Assessment

We review transaction volume, bank accounts, invoices, payroll records, tax requirements, software access, historical records, and any accounting backlog.

03
Proposal & Engagement

We define the scope of work, responsibilities, timelines, monthly service fee, communication method, confidentiality terms, and agreed deliverables.

04
Onboarding & Access Setup

The client provides required documents, software access, bank statements, invoices, prior records, payroll summaries, and other relevant information. Access is controlled and used only for agreed services.

05
System & Records Review

NAMA reviews the chart of accounts, opening balances, ledgers, reconciliations, document structure, pending issues, and reporting gaps.

06
Monthly Accounting Process

Transactions are recorded, categorized, reconciled, reviewed, and organized according to the agreed monthly schedule.

07
Reporting & Review

The client receives financial reports, reconciliation summaries, pending matters, and management comments where required.

08
Ongoing Support

NAMA continues monthly support, document follow-up, tax calendar tracking, process improvement, clean-up work, and communication with the client.

Getting Started

Onboarding Checklist

Required documents depend on the scope of services and the client's existing accounting setup.

Business Profile & Registration

Business name, registration details, NTN/tax ID, and nature of business.

Prior Financial Statements

Previous year financial statements or management accounts, if available.

Bank Statements

Bank statements for all active accounts covering the required service period.

Sales Invoices & Receipts

Issued sales invoices, customer receipts, and related income documentation.

Purchase Invoices & Vendor Bills

Received purchase invoices, supplier bills, and expense vouchers.

Payroll Records

Employee salary sheets, pay slips, and payroll summaries.

Tax Registration & Filing History

NTN, STRN, prior tax filings, and correspondence with FBR or relevant authority where applicable.

Chart of Accounts

Existing chart of accounts or ledger structure from current accounting software.

Accounting Software Access

Login credentials or access to accounting software, where applicable and agreed.

Prior Reconciliation Reports

Any existing bank reconciliation reports or outstanding reconciliation items.

Reporting Requirements

List of required reports, reporting frequency, format preferences, and management needs.

Main Contact Person

Designated contact from the client side for queries, approvals, and document sharing.

Tools & Platforms

Software & Systems We Work With

NAMA can work within the client's existing accounting system or support setup on commonly used accounting platforms. We do not force unnecessary software migration unless it is required for better control, reporting, or scalability.

International & USA Platforms
QuickBooks Online
QuickBooks Desktop
Xero
Wave
FreshBooks
Zoho Books
Excel / Google Sheets
Bill.com
Gusto
Stripe / PayPal / Shopify

Including commonly used systems where integration with bookkeeping is relevant.

Pakistan & Business Accounting Systems
QuickBooks
Xero
Zoho Books
Odoo
SAP Business One
Oracle / ERP Systems
Peachtree / Sage
Tally
Excel-Based Systems
FBR IRIS, eFBR, PRA, SRB, KPRA

Commonly used systems such as those listed. Support scope is agreed per engagement.

Communication & Access

Client Access & Communication

Every engagement includes a clearly defined communication and access structure agreed during onboarding.

Software Access

The client may provide access to existing software or portal. Access rights are agreed according to scope and used only for services covered under the engagement.

Document Sharing

Documents may be shared through secure folders, email, client portal, or another agreed digital channel. The method is confirmed during onboarding.

Communication Schedule

A monthly communication schedule is agreed during onboarding. Open issues are tracked and shared with the client on a defined basis.

Report Delivery

Reports are delivered according to agreed timelines — typically within an agreed number of working days following each month-end.

Confidentiality

Sensitive financial data is handled with full professional care and confidentiality. Client information is not discussed, shared, or referenced outside of the engagement.

Issue Tracking

Open items, pending documents, and outstanding queries are tracked and communicated to the client at agreed intervals for timely resolution.

Monthly Cycle

Monthly Workflow

This workflow may be adjusted depending on the client's business size, software, reporting requirements, and service package.

1
Document Collection

Bank statements, invoices, receipts, payroll records, and any other source documents are collected from the client for the period.

2
Transaction Recording

All transactions for the period are entered into the accounting system accurately, with proper dates, references, and descriptions.

3
Classification & Ledger Posting

Transactions are categorized to correct accounts — income, expenses, assets, liabilities — and posted to the relevant ledgers.

4
Bank, Card & Ledger Reconciliation

All bank and credit card accounts are reconciled. Unmatched items are investigated and resolved before closing the month.

5
Review & Corrections

The period's entries and balances are reviewed. Misclassifications, missing entries, and open queries are identified and corrected.

6
Monthly Reports

Financial statements are generated — Profit & Loss, Balance Sheet, and Cash Flow — along with reconciliation summaries and management notes as agreed.

7
Client Review & Follow-up

Reports are delivered to the client. Queries are addressed, pending items are communicated, and follow-up documents are requested for the next cycle.

Defined Roles

Responsibilities

A clear division of responsibilities is agreed and documented at the start of every engagement.

Client Responsibilities
  • Provide complete and timely documents for each period
  • Grant required software or portal access as agreed
  • Confirm or clarify unclear or unusual transactions
  • Review delivered reports and respond to open queries
  • Inform NAMA of major business changes, new accounts, or significant transactions
  • Notify NAMA of any tax changes, new obligations, or compliance deadlines
NAMA Responsibilities
  • Maintain agreed accounting records accurately and on schedule
  • Perform reconciliations and period-end reviews
  • Prepare reports and deliverables according to the agreed scope
  • Highlight pending matters, inconsistencies, and unresolved items
  • Support compliance and reporting processes within scope
  • Maintain professional confidentiality of all client financial data
Engagement Types

Service Delivery Models

NAMA supports clients through three primary engagement models, each tailored to the client's situation and requirements.

A
Monthly Support

For clients needing regular bookkeeping, reporting, tax compliance, and finance support on a structured monthly basis. Scope is defined and service runs on a recurring schedule.

  • Monthly bookkeeping & reconciliation
  • Financial reporting
  • Tax filing support
  • Ongoing advisory & queries
B
Clean-Up & Catch-Up

For clients with delayed, incomplete, or disorganized records requiring correction and rebuilding. A defined clean-up scope is agreed before work begins.

  • Backlog bookkeeping
  • Reconciliation of prior periods
  • Record correction & reorganization
  • Catch-up reporting
C
Full Outsourced Accounting

For SMEs that want NAMA to handle the complete accounting process as an outsourced finance department — covering all accounting, reporting, and compliance functions.

  • Complete accounting function
  • Monthly financial package
  • Tax & compliance management
  • Management reporting & support

Let NAMA support your numbers, year after year.

Share your current accounting setup and service requirements. NAMA will review the scope and recommend a suitable support model.