Prokizen Global LLP

Prokizen primarily works with QuickBooks Online, Xero, and NetSuite, and has experience with various accounting software and ERPs to set up or convert existing systems.

Prokizen typically imports and categorizes transactions daily, reconciles accounts weekly, closes books and provides financial statements monthly, and conducts quarterly deep dives into financial trends.

The service includes transaction recording, bank reconciliations, accounts payable tracking, accounts receivable tracking, financial statement preparation, payroll processing, bill payments, and expense categorization.

Prokizen tracks sales and performance across platforms like Amazon, Shopify, eBay, and Walmart, calculates COGS including shipping and supplier costs, manages inventory using FIFO or LIFO, and reconciles payment gateways like PayPal, Stripe, and Square.

Clients or their staff scan and upload source documents through a web-based interface or FTP. The team in India then downloads, verifies, and enters the data into the accounting package.