End‑to‑End ERP Accounting Setup with Chart of Accounts & Reconciliation

via Freelancer ·

Budget / Salary₹1,500–12,500
TypeFreelance project
LocationRemote
Posted1 hour ago
Project Overview
We are seeking an experienced accounting and ERP professional to establish a complete financial environment and migrate our historical records into a new system. The assignment includes ERP configuration, Chart of Accounts design, finance process setup, and full data migration with reconciliations to ensure accuracy and compliance.

This role requires strong accounting and finance expertise—not just data entry—along with the ability to implement structured workflows, controls, and reporting frameworks.

Key Responsibilities
1. ERP & Accounting Environment Setup
Configure ERP/accounting platform with company details and fiscal periods

Set up customer, vendor, and master data

Establish accounting workflows and posting rules

Define transaction categories for accurate reporting

2. Chart of Accounts (COA)
Assess business activities and reporting needs

Design a scalable, structured COA covering revenue, COGS, expenses, assets, liabilities, and equity

Ensure compatibility with statutory financial statements and management reporting

3. Finance Process Framework
Implement processes for AR, AP, expenses, bank/cash management, fixed assets, and journal entries

Set up bank reconciliation, month‑end close, and reporting workflows

Define customer/vendor management procedures

4. Historical Data Migration
Review legacy records and map accounts to the new COA

Import historical sales, purchase, expense, and bank transactions

Maintain customer/vendor balances and establish opening balances

Post journal entries and verify migrated data

5. Cleanup & Reconciliation
Reconcile bank accounts, AR, and AP

Identify and correct discrepancies, misclassifications, and duplicates

Validate opening balances and finalize the Trial Balance

Ensure books are accurate up to the agreed cut‑off date

6. Policies & Controls
Draft documentation for accounting policies, approval workflows, and payment controls

Define journal entry and reconciliation controls

Prepare month‑end closing checklist and segregation of duties framework

Deliverables
Configured ERP/accounting system

Finalized Chart of Accounts

Migrated historical accounting data

Verified opening balances

Bank/AR/AP reconciliations

Clean and updated books

Documented finance processes

Basic accounting policies

Approval matrix

Month‑end closing checklist

Final reconciliation and handover report

Preferred Skills
Accounting & Bookkeeping

ERP Implementation (QuickBooks Online, Xero, TallyPrime, Zoho Books, Odoo, Wave Accounting, SAP)

Data Migration & General Ledger Management

Accounts Payable & Receivable

Bank Reconciliation & Financial Statements
accounting finance intuit quickbooks sap financial analysis bookkeeping xero odoo bank reconciliation wave accounting
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