1. Bookkeeping Services

• Description: Comprehensive bookkeeping services involve the daily recording, categorization, and reconciliation of financial transactions. This includes accounts payable and receivable management, ledger maintenance, expense tracking, and monthly financial reporting.
• Benefits: Accurate and up-to-date financial records provide clarity on cash flow, support informed business decisions, and simplify the tax preparation process. Consistent bookkeeping helps identify trends, optimize spending, and maintain transparency in financial operations.

Key Bookkeeping Services: – Data entry for daily financial transactions – Accounts payable and receivable tracking – Bank and credit card reconciliation – Expense categorization and reporting – Preparation of monthly, quarterly, and annual financial statements

2. Tax Filing Services

• Description: Tax filing services ensure accurate and timely preparation and filing of tax returns, including income tax, Goods and Services Tax (GST), TDS (Tax Deducted at Source), and other applicable taxes. This service includes calculating tax liabilities, identifying deductions and credits, and handling all necessary documentation for filing.
• Benefits: Professional tax filing reduces the risk of errors, minimizes the chance of audits, and helps businesses maximize eligible deductions. Staying compliant with filing deadlines helps businesses avoid penalties and maintains a good standing with tax authorities.

Key Tax Filing Services: – Preparation and filing of income tax returns (ITR) for businesses and individuals – GST compliance, including registration, monthly and annual return filings, and GST audits – TDS compliance, including deduction calculation, quarterly return filings, and issuing TDS certificates – Tax planning and advisory to optimize tax liability – Assistance with tax notices, audits, and disputes if needed

3. Payroll Services

• Description: Payroll services include calculating and processing employee salaries, handling deductions, managing benefits, and ensuring compliance with statutory requirements such as Employee Provident Fund (EPF), Employee State Insurance (ESI), and Professional Tax. Services also include generating payslips, managing payroll taxes, and ensuring timely deposits.
• Benefits: Outsourcing payroll ensures that employees are paid accurately and on time, reduces administrative workload, and ensures compliance with labor laws. It also helps businesses stay organized, minimizing risks related to payroll tax errors and penalties.

Key Payroll Services: – Salary computation and processing, including overtime, bonuses, and allowances – Calculation and management of payroll deductions (EPF, ESI, TDS) – Preparation and distribution of monthly payslips – Filing of payroll tax returns and regulatory compliance – Management of employee benefits and year-end payroll reporting