Bookkeeping
Bookkeeping service in India is a simplest way of keeping systematic and organised record of financial transaction taking place within an organisation. Bookkeeping service is an accounting service in India which ensures that record of financial transactions by a firm is authentic and up to date. Every firm wishes to maximize their profit without bearing any cost of inaccuracy, therefore authentication and accuracy is very important in any organisation. Transactions related to sale, purchase, expenses, revenue, rent etc are recorded in order to keep an account of all the transactions which are taking place within the firm.
By Outsourcing bookkeeping service in India, one can enjoy cost advantage of accounting outsource to India’s customized accounting and financing service.
- Virtual Accountant
- Virtual accountant is an online advisory service, which helps to have a look on accounting operations anywhere, anytime. It provides 24/7 online service where your data is in safe hands. It reduces the physical activity of going to banks or any financial institutions to know about the operations and transactions. Virtual accounting is cost and time effective. It is on demand accounting that is one who is in need to look at its business operations anywhere, anytime can have look and ensure his presence in operations. Virtual accounting is also possible in part time accounting.
- Virtual accountant India is recent development in bookkeeping area, which provides on demand services anywhere, anytime just by one click. One can run or operate its accounting online. Virtual accountant service reduces your shoe leather cost, reduces your brokerage fee and gives you a simplest and easiest way of accounting anytime via any technological means. It is also known as handling your account online.
- It eliminates the hassle created by manual performing tasks. It provides 24/7 services. In this world which is having several revolutions to promote and encourage the potential and capacity of the nation ,this is the another revolution taken to encourage online and on demand accounting , which is cost effective , time effective etc. It is a flexible mode of understanding accounting.
- Part Time Accountant
- Part time accounting service serves as a service consultancy which is based on the volume of business whether they need this service on monthly, quarterly basis. This provides the accounting for advisory services. Accountancy or maintaining accounts is the backbone for any operating business so this initiates organisation to have accounting service on the basis of volume and level of operations taking place within business.
- Accounting advisory service also varies from sector to sector so the demand for part time accounting service also varies along with these sectors. Various software, quick books, tally, bookkeeping techniques are used for advisory so that it could be beneficial to the company associated with it.
- There is also maintenance of files, statutory registers, vouching system, making payments, cloud accounting and much more under legal framework. All the work is done under the consideration of TDS.
- We offer following:
- Services
- Advanced Services:
- Monthly Financial Report Package
- ACCOUNTING ON CLOUDS:
- Accounting on clouds involves self installed accounting software. Under this the person receives updates to software, with no additional cost of purchasing it.
- Accounting on clouds facilitates the update of financial information and data automatically and gives the real and authentic financial report of the firm. This also promotes the efficient records of multi company transactions. It provides accurate balance with reduction in errors which are caused manually.
- Cloud accounting ensures security and safety of data even if the laptops or computers are damaged or stolen as it requires its unique password. Cloud accounting gives you the backup option at more than one location. Cloud accounting is cost effective as it provides less initial structure store data. Staff or a skilled labour that are hired for this purpose is not required hence is cost effective.
- Accounting service cloud promotes self installation software which is cost effective and much more secure. Cloud accounting software is a wise investment decision which provides smarter and faster work process.
- FULL TIME ACCOUNTANT:
- This serves as a service consultancy which is based on the volume of business whether they need this service on monthly, quarterly basis. This provides the accounting advisory service. Since accountancy and rendering service of accountancy is the backbone for any operating business so this initiates consultancy of service on the basis of volume and level of operations taking place within business.
- Accounting advisory service also varies from sector to sector so the demand for part time accountancy also varies along with these sectors. Various software, quick books, tally, bookkeeping techniques are used for advisory so that it could be beneficial to the company associated with it. Hiring full time accountant is the way of having 24/7 eye on the accounts of an organisation.
- There is also maintenance of files, stator registers, vouchering system, making payments, cloud accounting and much more under legal framework. All the work is done under the consideration of TDS.
- Services
- Advanced Services:
- Monthly Financial Report Package
- ACCOUNTING ON CLOUDS
- Accounting on clouds is the self installed software. It is an accounting service which has complete and secure information. Accounting on clouds provides an automatic update of each transaction and gives you authentic and accurate information. Like a virtual accountant, accounting on clouds acts like on demand accountant who serves us wherever and whenever we want by keeping complete security on your data. For more visit full time accounting.
- FULL TIME ACCOUNTANT
- Full time accountant is an accounting service which depends on the volume of business operations and organisational needs. It provides you various services like maintaining files, vouching system, statutory register etc. All these services are covered under legal framework. Accounting is most important aspect of any bookkeeping that is done by medium of virtual accountancy. Accounting services covers all the aspects of full time accountant and virtual accountant.
Accounts payable (bills and payments)
Accounts receivables (invoices and collection)
Daily General ledger maintenance
Time tracking & job cost reporting
Payroll processing
Expense classification
Sales commissions
Sales and use tax filing
Bank account reconciliation
Credit card reconciliation
PayPal reconciliation
Balance sheet generation and review
Budgeting & Forecasting
Financial statements & custom reporting
Inventory management
Work in process (WIP)
Foreign banking management
Fixed asset management
1099 forms
Coordinating with your CPA or tax adviser
Tax & Audit support
Balance Sheet
Profit and Loss Statement – Month
Profit and Loss Statement – YTD
Profit and Loss Statement by Class – Month
Profit and Loss Statement by Class – YTD
Cash Flow Statement
Accounts Receivable Aging
Accounts Payable Aging
Prepaid Expenses by Vendor
Accrued Expenses by Vendor
Deferred Revenue by Customer
Open Sales Order by Customer
General Ledger
Accounts payable (bills and payments)
Accounts receivables (invoices and collection)
Daily General ledger maintenance
Time tracking & job cost reporting
Payroll processing
Expense classification
Sales commissions
Sales and use tax filing
Bank account reconciliation
Credit card reconciliation
PayPal reconciliation
Balance sheet generation and review
Budgeting & Forecasting
Financial statements & custom reporting
Inventory management
Work in process (WIP)
Foreign banking management
Fixed asset management
1099 forms
Coordinating with your CPA or tax adviser
Tax & Audit support
Balance Sheet
Profit and Loss Statement – Month
Profit and Loss Statement – YTD
Profit and Loss Statement by Class – Month
Profit and Loss Statement by Class – YTD
Cash Flow Statement
Accounts Receivable Aging
Accounts Payable Aging
Prepaid Expenses by Vendor
Accrued Expenses by Vendor
Deferred Revenue by Customer
Open Sales Order by Customer
General Ledger