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Managing hundreds or thousands of monthly transactions across multiple accounts, credit cards, and payment gateways can slow down your internal finance team. Unclassified line items, personal expenses mixed with business costs, and missing receipts lead to inaccurate financial reports and tax time headaches.
At OBG Outsourcing Private Limited, we take the pain out of ledger cleanup. Our dedicated financial experts handle end-to-end Bank and Credit Card Categorization, ensuring every single dollar, cent, and charge is mapped to the correct Chart of Accounts (COA) with absolute precision.
What We Offer
We go beyond basic data entry. Our team uses a Human-in-the-Loop AI and Expert Review model to categorize your income, expenses, transfer rules, and card statements seamlessly.
1. Bank Statement Categorization & Mapping
Income & Expense Charting: Accurate allocation of all incoming deposits and outgoing operational payments to your specified Chart of Accounts.
Transfer & Loan Allocation: Correct tagging of inter-account transfers, owner’s draws, capital contributions, and loan principal/interest splits.
Payment Gateway Splits: Categorizing daily settlements, merchant fees, and net payouts from platforms like Stripe, PayPal, Square, and Adyen.
2. Corporate & Personal Credit Card Categorization
Employee Expense Allocation: Tagging corporate card spending by department, team member, project, or location.
Receipt Matching & Documentation: Cross-referencing receipts and invoices with statement charges to ensure every deduction is audit-proof.
Duplicate & Fraud Detection: Proactively flagging duplicate charges, unauthorized subscriptions, and hidden processing fees.
3. Backlog Cleanup & Catch-Up Categorization
Untangling months (or years) of un-categorized bank and credit card feeds to bring your general ledger back to 100% currency.
Why Partner with OBG Outsourcing?
| The Challenge | The OBG Solution |
|---|---|
| Misclassified Expenses | Strict Quality Controls: Multi-tier reviews by certified accounting professionals so tax deductions are never missed. |
| Time-Consuming Manual Work | Up to 70% Time Savings: Our hybrid automation speeds up month-end close so you can focus on scaling. |
| Inconsistent Accounting Standards | Custom Rules Engine: We align strictly with your business’s specific Chart of Accounts and industry practices. |
| High In-House Overhead | Cost-Effective Outsourcing: Reduce bookkeeping operational costs by up to 50% compared to internal hiring. |
Software & Platforms We Master
Our team seamlessly integrates into your existing technology stack without disrupting your current workflow:
Accounting Platforms: QuickBooks Online & Desktop, Xero, NetSuite, Sage, Tally, SAP, Wave.
Document & Receipt Tools: Dext, Hubdoc, Expensify, Ramp, Brex, Concur.
Payment Gateways: Stripe, PayPal, Square, Adyen, Braintree.
How It Work
1.Secure Access & Rule Setup:Phase 1.
Grant read-only access to your accounting software or share bank feeds via encrypted portals. We review your Chart of Accounts and set up vendor/expense mapping rules.
2.Transaction Categorization:Phase 2.
Our team systematically processes daily, weekly, or monthly statement feeds—tagging every line item to its proper category, vendor, and project.
3.Query Resolution & Receipt Check:Phase 3.
We compile any ambiguous or missing-info charges into a consolidated, easy-to-review query list for quick approval.
4.Final Reconciliation & Reporting:Phase 4.
Once categorized, accounts are fully reconciled, providing you with clean, audit-ready Profit & Loss statements and balance sheets.
Data Security Promise: OBG Outsourcing Private Limited operates under strict ISO/data confidentiality protocols, utilizing secure servers and encrypted workflows to ensure your sensitive financial data remains 100% protected.
Software We Use
