Accounting And Bookkeeping Services

Account Bookkeeping Services provide professional and efficient financial management solutions, ensuring the accurate and organized recording of transactions, bookkeeping, and financial reporting for businesses of all sizes.

Accounting Process:

• Recording
• Summarizing
• Analyzing
• Reporting

All transactions and relevant financial elements of the business. Accounting is crucial and typically handled by an accountant for small entities with limited transactions. Larger organizations have dedicated accounting departments with multiple employees. Accounting reports provide valuable information about the financial status of the business, useful for both internal and external purposes.

Regulating and Monitoring Trading Business:

• Ensure that business operations are carried out according to rules, regulations, and standards.
• Monitor and regulate trading businesses in a specific locality to prevent harm to public health.
• Set restrictions on certain commercial operations to regulate trading business.
• Supervise the responsibilities of the business owner with an E-trade license, ensuring no illegal or unethical activity is carried out.

• Recording all the financial transactions of a business for an entire financial year.
• Filing of all business transactions for proper record keeping and compliance purposes.
• The provision of receipts to document all company expenses for auditing and tax purposes.
• Preparation of Pro Forma financial statements, which are estimated financial reports used for future projections or planning.
• The preparation of account receivable and payable statements to track outstanding invoices and payments owed to or by the company.
• The provision of a summary report of the company's current stock status as of a specific date, including inventory levels and value.

As an organization grows in size and financial transactions, the importance of accurate bookkeeping becomes even more crucial. Proper bookkeeping is a necessity for any corporate organization, especially those that undergo internal or statutory audits. This service becomes an indispensable tool for such companies to maintain precise and up-to-date records.

• Book-Keeping: This service includes the recording and organizing of all sales, purchases, and expenses made by the company. Keeping accurate records is important for any business to maintain financial transparency and make informed decisions.
   
• Free license to Dash: Dash is a cloud-based accounting software that is easy to use and supports mobile devices. By providing a free license, this service can help businesses manage their finances more efficiently.
   
• Preparation and filing of income tax returns: This service involves preparing and submitting the company's income tax returns. This is a legal requirement for companies and failure to comply can result in penalties or legal consequences.
   
• Preparation and filing of balance sheets, P&L accounts, and director's reports: These documents are important financial statements that provide a snapshot of a company's financial performance over a specific period. They are typically required for statutory compliance and can help businesses make strategic decisions.
   
• AM (Assignment): This service likely refers to the assignment of an Accounts Manager who will be responsible for overseeing the bookkeeping and financial management of the company. This can be particularly useful for businesses that do not have the expertise or resources to manage their finances in-house.