OUR BOOK KEEPING AND & ACCOUNTING SERVICES
Bookkeeping services are necessary for all businesses to ensure accurate operational / financial information. Such information is required by Management, Regulators, and Investors. Also, it is a legal requirement for any business to maintain an appropriate book of accounts to ensure that all relevant taxes are paid and tax filings are made on time.
Bookkeeping is the process of recording financial transactions of a business in an accounting system and the creation of reports. However, many small businesses do not have complete accounting departments and require external bookkeeping services. Finotax Solutions Maintaining a proper books accounts as per legal requirement of Income Tax Act, Companies Act, GST Act, Custom Act helps to determine your Tax liability properly, comply Accounting standard as as issued by ICAI if it is a company, file accurate Return with department and Most important become you become stress free.Â
Accounts Payable
Maintaining ledger of all Payable (Creditors), Payable Ageing Analysis, Purchase entry, Accounting for purchase payment, Debit/Credit Note entry.
Accounts Receivable
Maintaining ledger of all Receivables (Debtors), Receivable Ageing Analysis, Sales entry, Accounting for Collection of Payment, Debit/Credit Note entry.
Reconcilation
Reconciliation of Bank Accounts with Bank statement, Inter Branch Reconciliation, Party Statement reconciliation
TAX Computation
We provide Monthly and periodical computation of GST, TDS, TCS, Other Taxes for timely deposit with Govt..
Financial Statement
Preparation of Balance Sheet, Profit & Loss Account and Cash Flow Statement ( for companies)
Payroll
Maintaining ledger of all Payable (Creditors), Payable Ageing Analysis, Purchase entry, Accounting for purchase payment, Debit/Credit Note entry