Accounting
For India
Your books are more than just numbers. They are the true picture of the financial health of your business. Obtaining accurate, timely information is a key component in helping your business thrive. We know that every business is different. We are not just your bookkeeper, we become a part of your team working together towards the success of your business and obtaining your goals.
Our Solutions
Outsourcing accounting for small businesses can help you make better decisions throughout the year. We offers full service accounting that is customized to your company’s needs. In addition, we can recommend a great bookkeeping service to help you keep track of all your documentation so your CA can help you make your most important business decisions.
We recognize that every company operates differently. That’s why we don’t do cookie-cutter here. We’ll partner with you to create a solution that works specifically for your business.
In order to make smart decisions for your company, you need all the information. While Google can return a lot of data, what it cannot do is sit down with you and discuss the trajectory of your business.
Every organization has different needs. Certain high-level tax decisions that work for your friend who is an entrepreneur might make sense for them but could end up costing you in the long run. Working with someone who has years of experience helping diverse businesses make decisions for their bottom line is a much smarter route to go than leaving your revenue potential up to a Google search.
The best tax planners do more than just prepare a business’s tax returns. To best prepare for tax season, it’s important to stay on top of monthly taxing and financial management and maintenance. If your current tax planner doesn’t do much beyond compiling your tax return, or if you don’t have anyone preparing for tax season at all, it’s time to make a change.
Our comprehensive tax preparation and planning services include payroll and sales tax prep, tax authority and audit representation, and so much more. This is the all-encompassing tax preparation assistance your business needs to minimize tax liability and ensure financial solvency.
It’s difficult to set appropriate, manageable goals if you don’t have a strong base to start with. Building a consistent partnership with an accounting services firm can help you get to know your business strategy style better.
How much risk can you really afford? Does it make sense to open another line of credit or cut back on expenses? Are you making decisions that will help you serve your clients and your employees? What should a five- or ten-year projection look like for your organization?
A firm with year-round accounting services can help you answer all of these questions in a way that will work for you. You won’t receive generic recommendations, but instead, recommendations based on what we know of your business, brand, and bottom line.
Internal management accounting systems are used to provide critical information to management to be used in operational business decision-making. A manufacturing company might use these systems to help in the costing and managing of their process. A hospital might use management accounting systems to assist them in insurance billing and other in-house requirements.
These systems vary within the industries they are used within and allow for functionalities and reports specific to that industry.
When you want to go beyond the mentality of just giving out paychecks to your employees, Our payroll services can bring about new business insights and help you focus on what you do best - running your own business. Our payroll management services allow you to take your human resources management to a higher level.
We understand how important it is for your organisation to ensure error-free payroll management activities. With our extensive range of services, your organisation can enjoy a payroll process which is timely and accurate.
When a business has a better idea of exactly how its money is being spent, it can better budget for the future. A company’s accountant is typically already aware of the business’s fixed costs (utilities, rent, property taxes, etc.), but it’s variable costs (such as labor and raw materials) change with output. Those costs need to be tracked and estimated for, for the creation of the next budget. As well, the business will want to know that the money being spent now is being done in ways that help maximize the company’s profit
Financial documents are vital tools for analyzing the success of a business. These are used for reporting financial information about a business, in a standardized format. Standard financial documents include a balance sheet, an income statement, and a cash flow statement.
The balance sheet lists everything that your business owns, known as assets, and everything that your businesses owes, known as liabilities. It also tells you the net worth of your company by subtracting the value of the assets from the total liabilities owed.
The revenue and expense results of a business can be subdivided and assigned to various responsible parties throughout the organization. If so, the timeliness concept may mean that information is being pushed out to users on a daily basis, rather than the monthly schedule that is usually followed for the issuance of financial statements. There are many cost accounting variances in the areas of sales, purchasing, materials usage, overhead, and direct labor. The accounting department typically compiles and reports these variances following the end of the month.