In today’s scenario of globalization and technology convergence, the process of doing business has been redefined. Outsourcing various processes makes a lot of business sense. Most businesses and large companies are outsourcing their accounting processes for better management of their finances, and time etc.

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We combine accounting, valuation and tax expertise to help you preserve the value of your business. These services are customized basis the individual client’s needs and requirements. Some of the accounts outsourcing services offered by us are as under:

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Book keeping and General Accounting Service

The service involves preparing and maintaining day to day bookkeeping and monthly or quarterly management accounts.These books are prepared as per the US GAAP accounting standards and can also be made as per specific client instructions.

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Preparation of Financial Statements

The service involves preparing a company’s annual accounts and schedules ready for the statutory annual audit.

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Payroll

• Preparation of the monthly payroll based on the inputs received from organization. The same would include all statutory and other relevant deductions as required.

• Ensure deductions of all relevant amounts and as per applicable statutory laws like Income Tax, provident Fund and Professional Tax etc.

• Checking Form 16 for the Employees and file Qtly. returns for e-TDS with Income Tax authorities.

• Deposit TDS & provide proof of deposit.

• Ensure redressal of any issues.

• Reconciliation of payments/statutory deductions etc. with books of accounts on quarterly basis.

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Cash Forecasting

The service involves analyzing the cash requirements of the business and making cash forecasts for planning the future.

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Transactions and events

• Accounting advice for complex transactions, including M&A and corporate restructuring

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GAAP transformation

• GAAP conversion (from local GAAP to Ind AS, IFRS or US GAAP, and vice versa) including systems and tax support

• Advice on new accounting pronouncements

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Capital markets

• IPO advisory services

• Assistance in capital market transactions

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Why you should outsource your accounting function?

• Time saving

• Analyzing the potential risks in advance

• Correct interpretation of the company’s financial position

• Collection, summarization, and accurate analysis of financial data

• Informed and better managerial decision making