Get your business accounting done in just
Onwards (All inclusive)
What is Accounting ?
Accounting is the systematic and comprehensive recording of financial transactions pertaining to a business, and it also refers to the process of summarizing, analyzing and reporting these transactions to oversight agencies and tax collection entities. Accounting is one of the key functions for almost any business; it may be handled by a bookkeeper and accountant at small firms or by sizable finance departments with dozens of employees at large companies.
TDS is deducted on the following types of payments:
Accounting helps business owners create and control company budgets. When you know how your money is coming in and going out, you are better prepared to monitor business budgets. A company without budgets is like a ship drifting at sea without a captain; accounting helps ensure your business isn’t heading for a Titanic-style iceberg.
Business owners who pay attention to their accounting are informed and better able to forecast revenues for their company. Revenue forecasts help you understand whether current marketing efforts are working or whether changes need to be made. If you can’t forecast revenues for your company, you won’t know whether it is safe to make business-related expenditures.
Speaking of expenditures, accurate accounting helps business owners consider the ramifications of making major business purchasing decisions. From a new building lease to company vehicles, major expenditures can have a significant impact on monthly cash flow. When you monitor your company’s accounting on a regular basis, you can make an informed decision on purchasing new assets for your company.
Accounting helps you to track your business expenses. Whether you are attending industry conferences or fueling your vehicle to make sales calls, monitoring your business expenses is an essential part of owning a company. Little expenses can add up over time; a wise business owner tracks these expenditures on a daily basis via their accounting software.
Accounting helps you to monitor the health of your company. Too many expenditures without an adequate cash influx spells trouble for any company. If detailed accounting isn’t part of your modus operandi, how will you ever know if your company is succeeding or failing? Investing in detailed accounting helps you keep your finger on the pulse of your company’s financial health.
Accurate accounting records can also help you make personnel decisions. Knowing when to bring on additional staff, or when to lay off employees, can mean the difference between having a profitable year and being in the red or not.
The ability to monitor business growth is one of the top benefits of detailed business accounting. When you know your assets, liabilities, and on-hand revenues, you can easily track the growth of your company. You’ll know whether sales targets are being met, whether your social media and content marketing strategies are working, and whether your accounts receivable and accounts payable obligations are being met.
Start up Plan
Suitable for Business with less transactios in a month. One or Two day for them is sufficient.
Suitable for Business which requires 5 visit in a month
For Full time Experienced Accountant for a month. Additionally One Personal visit from senior personnel.