What It Is?
Accounting of Financial Transaction & Taxes other then Employees.
Accounting is a recording of transactions of the business to know the working of any business.
This process of following the rules of Debit and credit or the Doble entry book keeping helps to prepare the following :
- Jounal
- TrialBalance
- Cash Flow Statement
- Ledger
- Profit & Loss
- Fund Flow Statement
- Cash Book
- Balance Sheet
- Ratio Analysis
Benefits
Why Accounting is important for business?
It is important for the success of any business as this helps to analyze the financial position of any business. The law also mandates to account for the transactions and maintenance of books of accounts. Proper Accounting & Bookkeeping help the business to showcase their financial position and help them raise the funds required for their expansion. This also helps pay correct taxes. At the end this the lifeline of any business. Other then this following are the benefits from Management Perspective :
Useful for investors and stakeholders:
The Accurate and Efficient Accounting helps Investors and Stakeholders to know the Graph of the Business.
Budgetary Analysis
Past results help prepare the Budget and help management to analyze the forecast of the organization.
This will management to take the various decisions based on the past performance. Accurate Accounting is the base for all these informations.
Evaluating the performance of the business:
Accounting system acts as a yardstick in measuring the performance of the business with respect to key metrics using the Key Ratio Aspects
Cash Flow & Fund Flow
Following the Process of Accounting & Book Keeping help the business in understand the movement of funds via Cash Flow and Fund Flow.
How We Are?
How we help in Accounting & Accounting Supervisory
We accept Accounting Assignments for smaller Companies in the startup phase or waiting to expand.
Whereas in the case of medium and large organizations we take the Accounting Control Supervisory and Advisory Services.
Accounting Services.
All the Transaction are recorder on the basis of the information provided by the client. Due taxes are paid on behalf of the Client. Advisary is given for the following aspects:
Invoicing
Basic Taxation : Income Tax & GST
Payroll
Preparation of financial Statement & Monthly Information Systems
When the Accounting servicse are outsourced to us we do prepare these things for the client.
Accounting Control Support Services
As the name depicts in this we provide the routine advisary on the taxes to be paid and the checking of Accounting Controls and Accuracy of Accounting on monthly basis. Basic Accounting is done by your staff but the advisory and control are being provided by team of professional from our organization.
FAQs
1. Why should I outsource my payroll process?
Companies outsourcethier payroll to availspcialise services, law Compliances by professionals, to maintain secrecy of pay of every employee and most important the management can focus on their core work.