Book-keeping, Payroll, Compliance Management and Accounting plays is a very essential role in all business and Our expert team can assist you with these matters. Outsourcing Book-keeping, Payroll, Compliance Management and Accounting, etc to us, helps you to focus on the core business activities without spending much effort and time. The accurate and timely financial and accounting information, reports, are very need of not every business entity, but also of various regulatory authorities in the form of Statutory Reports, Returns, Submissions, etc. The business entities should ensure that timely adherence to various compliances of statutory compliances and regulatory norms to avoid the additional costs in the form of Interest, Late Fees, Penalty, etc. Our team not only assist in these compliance management but also ensure the managements need for financial information and MIS is submitted whenever required. Our Outsourcing package will include the services in the following fields and areas.

[A] Accounting and Bookkeeping Services: Our Accounting and Bookkeeping services include Manual Book-keeping Services, Computerised Book-keeping Services, and Cloud-based or Online Bookkeeping Services. Depending on the need, our clients can choose among these services. Computerized Book-keeping Services normally provided using “Tally. ERP 9”, Target, Sun-Info, or Any Other software of clients choice.

Cloud-based or Online Book-keeping Services normally provided by us using “Quickbooks”, “Zoho books” etc. Our expert team will handle the accounting and our clients can access and view the same from any place without geographical barriers and they can make use of various MIS Reports. Our Cloud-Based or Online Bookkeeping team will have the following skills

  1. Expert Skills in QuickBooks, Zoho Books, etc. with rich experience.
  2. Comprehensive knowledge of Accounting and Auditing principles, A/P, A/R, Payroll General Ledger, Postings, Invoicing, Taxation Issues, and Regulatory Compliance through cloud-based software.
  3. Excellent technology skills; proficient with MS Office (Word, Excel, PowerPoint), Zoho Books, PayPal, QuickBooks, & Google Docs, and Google Sheets.
  4. Recording and classifying daily transactions, Reconciling Bank Transactions, managing account receivables and payables, Aging, payroll, and maintaining, GAAP-compliant books.
  5. Bank Account/Credit Card Management Services and Accounts Receivable and Accounts Payable like Bank Account Reconciliations, Matching deposits to invoices, matching payments to vendor bills, etc
  6. Vouchers Creation (Purchase, Sales, Payments, Receipts), invoice Generation and Maintenance, etc
  7. Report and MIS Generation and Tax filings using these cloud-based softwares.

[B] Payroll Services: Payroll is the most important task of the HR department, which demands accurate, compliant, and timely completion. Errors and inaccurate payroll systems badly affect the employees, entity and reduces the morale of the employees. Further this creates chaos. We accept complete outsourcing of Payroll services as we are specialized in every aspect of the payroll process with high confidentiality, accuracy and integrity. Further outsourcing payroll us, enable the business entity to focus on other aspects of running the business. We have a comprehensive and fully automated payroll processing system, using cloud-based “Payroll Software”, which ease the employee and employer interaction and establishes simplicity and tackles all aspects of the payroll process. The key feature of our payroll services includes the following:

  1. Accurate and timely processing of salary
  2. Adhering to the various laws and regulations such as labour law, PF, PT and other statutory compliance
  3. Fully automated payroll processing system, using cloud-based “Payroll Software”
  4. Designing Pay structure to make it very attractive to employees and including flexible benefits to plan for Income Taxes of the employees.
  5. Efficient and compliant “Tax Deduction System/TDS” with timely collection of “IT declaration and Proof of Investments (POI) from employee preferably electronically.
  6. Advisory on Various developments, Compliances and Tax Planning for employees
  7. Effective Document Management System such as Offer Letter, Appointment Letter, Payslip, FFS and other documents & registers mandated by statute.
  8. Through Cloud-Based Payroll software each employee given login credentials, through which he can view his payslips, upload reimbursement his bills/vouchers, investment declarations, etc. Therefore, this serves as a flexibility to the employees.

[C] Compliance Management Services: Business is governed by various statutes of the land including both the Central Government and State Governments. The statutes require the business entity to not comply with the provisions of law but also submit and file Reports, timely returns, maintenance of records and documentation. Failure to comply with laws, regulations, and standards will affect the entity badly and will also lead to additional cost by way of late fees, penalty. Interest and low corporate governance. We provide compliance management services in the field of Income Tax, Goods and Service Tax (GST), FEMA, Companies Act 2013, Shops and Establishment Act, Professional Tax Act, STPI/NSTPI Softex Filing, Societies Act and labour laws. These compliance management services include, comprehensive handling of compliances for the entity as a whole through outsourcing the contract to us. We also have ‘Compliance Review’ services wherein periodic review of entities regulatory compliances through Interim Audits, Internal Audits and Due-diligence, etc will be conducted.

[D] Virtual CFO Services

Virtual CFO is an outsourced service provider offering High Skilled Assistance to the business entities in the financial requirements of an organization, just like a chief financial officer does for large organizations. The primary role of a CFO is to oversee the financial planning, maintain and report on the financial activities, and manage financial risk and Statutory compliance of the business. A virtual CFO provides the same services but since the common clientele of a virtual CFO, are small businesses and startups, certain more services are expected of them.

Our team can assist your company to manage finance and we have trained team who will assist the entity in financial planning, maintain and report on the financial activities, and manage financial risk and Statutory compliance, analysing current financial position, identifying weakness and opportunities, offering solutions to achieve financial goals in a best possible way.