End-to-End Accounting Services

Our End-to-End Accounting Services Include:

1. Bookkeeping and Daily Accounting

• Recording and categorizing all business transactions, including sales, purchases, receipts, and payments

• Maintenance of day-to-day accounting records using industry-standard accounting software

• Ensuring proper documentation for all financial transactions to support audit trails and compliance

2. Preparation of Financial Statements

• Preparation of monthly, quarterly, and annual financial statements, including Balance Sheet, Profit & Loss Statement, and Cash Flow Statement

• Ensuring financial statements are prepared in accordance with Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS)

• Ensuring timely and accurate reporting to stakeholders, management, and regulatory authorities

3. General Ledger Maintenance

• Regular updating of the General Ledger to track and manage all financial transactions of the business

• Reconciliation of all accounts to ensure accuracy and compliance

• Regular checks and balances to identify discrepancies and resolve issues promptly

4. Payroll Accounting

• Preparation and management of payroll, including salary computation, tax deductions, and benefits

• Ensuring compliance with local labor laws and tax regulations

• Filing payroll taxes, including TDS (Tax Deducted at Source) and employee provident fund (EPF) contributions

5. Accounts Receivable & Payable Management

• Monitoring accounts receivable to ensure timely collection of outstanding invoices

• Managing accounts payable to ensure timely payments to vendors and suppliers

• Maintaining aging reports and handling follow-ups for overdue accounts

6. Bank Reconciliation

• Regular reconciliation of bank statements with the company’s financial records

• Identifying and resolving discrepancies, ensuring smooth financial operations

• Maintaining records of cash flows to ensure accurate reporting of bank balances

7. GST Compliance & Return Filing

• Ensuring compliance with Goods and Services Tax (GST) laws by maintaining accurate records of GST transactions

• Preparation and filing of GST returns (GSTR-1, GSTR-3B, GSTR-9, etc.)

• Management of Input Tax Credit (ITC) and TDS (Tax Deducted at Source) related to GST

8. Tax Planning & Advisory

• Providing strategic tax planning to minimize tax liabilities while ensuring full compliance with tax laws

• Advisory services on direct and indirect taxes, including income tax, GST, TDS, and corporate tax

• Structuring tax-efficient financial strategies for business growth and cost-saving

9. Budgeting & Forecasting

• Preparation of financial budgets to help businesses plan their expenses, revenues, and cash flows

• Financial forecasting to predict future business performance and help management make informed decisions

• Regular monitoring of actual performance against budgeted figures and advising on corrective measures

10. Audit & Assurance Support

• Assisting in preparing for internal and external audits by providing necessary financial records and supporting documentation

• Ensuring that financial records comply with legal and regulatory requirements

• Identifying gaps or discrepancies in accounting processes and advising on improvements

11. Financial Reporting & Analysis

• In-depth analysis of financial performance to provide valuable insights into business profitability and efficiency

• Providing customized financial reports that align with your business goals and performance metrics

• Offering detailed variance analysis to compare actual results against projections

12. Outsourced CFO Services

• Providing virtual CFO services to small and medium-sized businesses who do not have in-house CFO capabilities

• Strategic financial planning, cash flow management, and performance analysis to optimize business growth

• Offering advisory on mergers, acquisitions, fundraising, and other major financial decisions

13. Compliance with Local Laws & Regulations

• Ensuring all accounting practices are in compliance with Indian Accounting Standards (Ind-AS) and international standards

• Assisting with legal reporting requirements, such as annual filings, company secretarial services, and tax audits

• Advising on financial documentation and regulatory compliance specific to the industry or sector

14. Management of Financial Data

• Data entry, digitization, and secure storage of all financial documents for easy access and retrieval

• Implementing robust systems for maintaining financial records and ensuring data privacy and security

• Streamlining the workflow with cloud-based solutions for real-time financial data tracking and access