Why Accounting is important for business?
- Planning budget
- Evaluating the performance of the business
- Managing cash flow
- Presenting information to investors and stakeholders
- Mandatory by law
Accounting Service
Accounting is the systematic process of recording, analyzing and interpreting the financial transactions. It is the responsibility of every business – whether large or small to furnish their accounting records to the Income Tax Department. Usually, start-ups ignore and after few years, they have to face problems. To avoid problems like raid and fines, it is always good to maintain your financial records and furnish details to the government agencies.
The recording of financial transactions is bookkeeping, whereas, accounting is interpreting, classifying, analyzing, reporting, and summarizing the financial data. A properly maintained accounting & bookkeeping system helps a business to reduce accounting costs and analyze its financial growth.
How we help in Accounting
- Basic financial consultation
- Bookkeeping
- Preparation of accurate annual financial statements and monthly reports
- Assistance in designing invoices
- Basic taxation advisory
What under Accounting?
- Preparing tax returns
- Payroll services
- Cash handling services
- E-Accounting services
- Preparing financial statements
- Accounts payable/receivable
- Trial balance reconciliation
- Preparing balance sheet
Advatange
- Data safety and security>
- On-demand report availability
- Focus on growth, outsource accounts
- Increased productivity financially
- Effective compliance check
- Reduced cost of your accounts department
- Low risk of work loss, audit risks