Accounting and
Bookkeeping Services
Now save upto 90% on your accountant fee. Avail accounting and bookkeeping services for a whole year at just ₹12999!
- Bookkeeping of assets, sales, purchases, and expenses
- Get your balance sheet, audit and director's report prepared
- Filing of ITR
Get Started!
About this Plan
Services Covered
- Recording of annual entries for the financial year
- Get ready Pro Forma
- Filing of all your business transactions
- Get account receivable and payable statement
- Avail receipts for your company’s expenses
- Get stock summary till date
Accounting Service
Accounting is the process of recording, classifying, summarizing, and interpreting financial information. It is used to track the financial performance of a business and to make financial decisions.
Bookkeeping Service
Bookkeeping is the process of recording financial transactions. It involves entering data into accounting software, reconciling bank statements, and preparing financial statements.
Differences Between Bookkeeping and Accounting
Bookkeeping is the foundation of accounting. It is the process of recording financial transactions, while accounting is the process of summarizing and interpreting that data.
Here is a table summarizing the key differences between bookkeeping and accounting:
| Characteristic | Accounting | Bookkeeping |
| Purpose | To provide a summary of financial data | To record financial transactions |
| Scope | Wider | Narrower |
| Focus | Big picture | Details |
| Tools | Financial statements, tax returns, etc. | Accounting software |
| Expertise | Required | Not required |
Benefits Of Outsourcing Accounting & Bookkeeping
There are many benefits to outsourcing accounting and bookkeeping services. These include:
- Save time and money: Outsourcing can save you time and money by freeing up your staff to focus on other tasks.
- Improve accuracy: Outsourcing to a professional accounting firm can improve the accuracy of your financial records.
- Get access to expertise: Outsourcing to a professional accounting firm gives you access to the expertise of experienced accountants.
- Reduce risk: Outsourcing can help reduce the risk of financial errors and fraud.
- Improve compliance: Outsourcing can help you ensure that your business is compliant with all applicable laws and regulations.
Needs of outsourcing Accounting & Bookkeeping Services
There are many reasons why businesses outsource accounting and bookkeeping services. Some of the most common reasons include:
- The business is growing and does not have the internal resources to handle accounting and bookkeeping tasks.
- The business does not have the expertise to handle accounting and bookkeeping tasks.
- The business wants to reduce costs.
- The business wants to improve accuracy and efficiency.
- The business wants to free up staff to focus on other tasks.
Benefits Of Outsourcing Accounting & Bookkeeping
There are many benefits to outsourcing accounting and bookkeeping services. These include:
- Save time and money: Outsourcing can save you time and money by freeing up your staff to focus on other tasks.
- Improve accuracy: Outsourcing to a professional accounting firm can improve the accuracy of your financial records.
- Get access to expertise: Outsourcing to a professional accounting firm gives you access to the expertise of experienced accountants.
- Reduce risk: Outsourcing can help reduce the risk of financial errors and fraud.
- Improve compliance: Outsourcing can help you ensure that your business is compliant with all applicable laws and regulations.
Needs of outsourcing Accounting & Bookkeeping Services
There are many reasons why businesses outsource accounting and bookkeeping services. Some of the most common reasons include:
- The business is growing and does not have the internal resources to handle accounting and bookkeeping tasks.
- The business does not have the expertise to handle accounting and bookkeeping tasks.
- The business wants to reduce costs.
- The business wants to improve accuracy and efficiency.
- The business wants to free up staff to focus on other tasks.
Who Should Buy In?
This programme is designed to satisfy the accounting needs of businesses and people performing the following roles:
Goods traders
Professionals &
consultants
Share market investors
Independent business personals
What we charge for
- Book-Keeping of all the sales, purchases, and expenses of the company
- Free license to Dash - Easy to use, cloud based, mobile supported accounting software
- Preparation & filing of income tax returns (Company)
- Preparation & filing of balance sheet, P&L accounts, and director's report
- AM (Assignment)
All your accounting and book-keeping needs for 1 year starting at just ₹12,999!
Documents needed
The documentation required will vary depending on the service you require at any given time. Depending on your needs, our professionals will explain the list to you. Check your eligibility now
Frequently Asked Questions (FAQs)
Bookkeeping is the process of recording financial transactions. It involves entering data into accounting software, reconciling bank statements, and preparing financial statements.
Yes, it is required by law to keep records of all financial transactions. This includes invoices, receipts, and bank statements. The records must be kept for a minimum of 7 years.
An accountant can help you with a variety of tasks, including:
- Preparing financial statements
- Filing taxes
- Advising you on financial matters
- Helping you with budgeting and forecasting
- Preparing financial reports for investors or lenders
The additional fees will depend on the specific services that you need. However, you can expect to pay an hourly rate for the accountant's time.
The specific financial reports that you will receive will depend on your specific needs. However, you can expect to receive at least the following reports:
- Balance sheet
- Income statement
- Cash flow statement
- Statement of retained earnings