About this Plan
Bookkeeping is a tedious process that is time-consuming too. But that is an important task that needs to be up-to-date for the financial health of your organization as well as for the purpose of legal compliance. It is a process of recording the financial transactions of a business in an accounting system. It also includes the creation of several reports that may be required from time to time. Proper maintenance of books and accounts is a prerequisite to any business entity. Further, it is mandatory for firms undergoing a statutory or internal audit.
Service Covered
- Accounts Payable Management (Vendor Bills and Payments)
- Accounts Receivable Management (Customer Invoices and Collections)
- Inventory Management
- Bank Reconciliation Statement
- Recording and Reconciling Payroll Transactions
- Statutory compliance
- Monthly Performance Report
- Recording of year round entries for the completed financial year
- Preparation of Ledger Accounts-Cash, Sales, Purchases, Expenses
- Preparation of Receipts and Expenses Statement/Profit and Loss Account
- Preparation of Balance Sheet
Process
- Purchase of Plan
- Call session with Expert on accounting requirement
- Upload all vouchers or Visit by our executive
- Preparation of Financial Statements
Advantage
- Accurate and regularly updated bookkeeping is not only a necessity but a convenience too.
- It ensures that all relevant taxes are paid and tax filings are made on time.
- The ready availability of the relevant information helps the management make the right decisions in a timely manner and also aids in drawing clear future plans.
- In addition, all of this data is required to be presented to the regulators and Investors