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Professional Accountant
Our professional accountant services offer businesses expert assistance with day-to-day accounting tasks, including bookkeeping, financial reporting, and payroll management, ensuring accuracy, compliance, and strategic financial management.
Why Book-Keeping is required?
Proper bookkeeping ensures accurate calculation and payment of taxes. In India, businesses are subject to various taxes such as income tax, goods and services tax (GST), and others. Maintaining organised financial records helps in the accurate reporting of income, expenses, deductions, and credits, which are essential for fulfilling tax obligations.
How is invoicing different from Book-keeping?
Invoicing and bookkeeping are related but distinct aspects of managing business finances. While invoicing focuses on billing customers for goods or services and managing accounts receivable, bookkeeping involves the broader process of recording, organising, analysing, and reporting all financial transactions of a business for regulatory compliance, financial management, and decision-making purposes.
How we maintain your Books?
1
Recording Transactions
we will record all financial transactions of the business, including sales, purchases, expenses, incomes, and any other financial activities. This process ensures that every financial event is accurately documented.
2
Maintaining Ledger
We will maintain the general ledger, which is a central repository of all financial transactions. The general ledger provides a comprehensive overview of the business's financial position and performance.
3
Reconciliation
We will reconcile bank statements, accounts receivable, and accounts payable to ensure that the recorded transactions match the actual balances and statements. Reconciliation helps identify discrepancies and errors in financial records
4
Financial Reporting
We will generate financial reports, such as balance sheets, income statements, and cash flow statements, based on the recorded transactions. These reports provide insights into the business's financial health and performance.
5
Documentation
we will guide how to manage financial records, including receipts, invoices, bank statements, and other supporting documents. Proper documentation is essential for audits, financial analysis, and legal compliance.
6
Analysis
we will provide basic financial analysis, such as calculating key financial ratios, analysing trends, and identifying areas for improvement or cost-saving measures.
Accounting Software Solutions: Tailored to Your Business Needs
Our versatile team is proficient in providing accounting services using a variety of software, including offline platforms like Tally ERP 9 and Busy, as well as cloud-based solutions like QuickBooks and Zoho Books, ensuring flexibility and adaptability to clients' preferences.