Accounting & Book Keeping

Accounting

Numerous small businesses find themselves lacking the necessary knowledge and experience to meet their financial accounting needs internally, which is why they often turn to external bookkeeping professionals for assistance. Our adept specialists possess extensive expertise and are proficient in handling tasks .To cater to the distinct accounting needs of our clients, we utilize advanced accounting software tailored to meet their specific requirements.

Our service portfolio includes:

1. Data Entry and Record Keeping

  • Helping businesses for maintaining financial transactions accurately into the accounting software. This includes various business transactions pertains to income, expenses, assets, liabilities etc.
  • We help in maintaining organized records, including invoices, receipts, and bank statements electronically and manually wherever required.
Regularly reconcile bank and credit card statements with the financial records in the accounting software to identify discrepancies. We guide business how to be in synchronization with the other side of business owners/stakeholders through helping them in reconciling the:
  • Bank Records
  • Vendor Statements
  • Customer Statements
  • Tax Accounts
  • Other various reconciliations

3. Preparing Financial Statements

Prepare financial statements, including balance sheets, income statements, and cash flow statements, on a periodic basis (e.g., monthly, quarterly, or annually). Regular & timely presentation of Financials statement helps to take the strategic decision on time & relevant corrections can be done in due course of time.

4. Regular Reporting & Client Communication

  • Provide regular financial reports to clients, highlighting key financial metrics and insights.
  • Offer financial analysis and advice to help clients make informed decisions.
  • Maintain open and effective communication with clients, addressing their questions and concerns promptly.
  • Schedule periodic meetings to review financial performance and discuss strategies for improvement.

5. Payroll Accounting

Payroll accounting is one of the important aspects for business owners. It helps them to take some important decisions related to business expansion, hiring, tax compliances.
We help business in payroll accounting where we calculate employee salaries, withholding taxes, and other deductions, and ensuring timely and accurate payment to employees and various government departments for labour law compliances.

6. Individual and Business Tax Returns

This segment involves calculating taxable income, claiming deductions, and ensuring compliance with tax laws to minimize tax liabilities for individuals and business. We guide them in tax management.

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