ACCOUNTING SERVICES
Starting at Rs. 899 onwards.
Legalsahayak provide accounting services all over india.
You no need to come physically at our office.
What is Accounting ?
Accounting is a systematic record of financial transactions in the appropriate books of records i.e. Proper recording of Sales, Purchase, Expenses, Incomes, Accounts Payable , Accounts Receivable etc.. This record will allow you to easily keep a track of all your transactions and will help you analyses how you can cut costs and reduce taxes.
Why Outsourced Accounting Services?
Accounting is a function of the accounts department of a business. However, many small businesses do not have fully staffed and efficient accounting departments and require the help of external accounting services. In Outsourcing Accounting Services, Business man get all financial information on time and in effective manner at very low cost. Legalsahayak can help your business maintain its books through its network of CAs and tax experts.
Advantage of Accounting Services
- Cost effective
- Time effective
- Reduced tax liabilities
- Peace of mind
- To know status of Profit & Loss, Liabilities and assets.
What is included in our Accounting Package ?
- Accounts payable function that includes Entries of Purchase, Expenses and their Payments, Aging Report.
- Accounts receivable function that includes Entry of Sales, Incomes and their Receipts , Aging Report.
- Accounts reconciliation
- Payroll
- Monthly analysis
Why should you Maintain Books of Accounts?
- It is a Statutory Requirement for all businesses except for Sole Proprietorship.
- Helps you review your performance and take steps to improve.
- Maintaining books of accounts helps you when you need funding from investors.
Frequently Asked Questions
- You should hire a Professional Accountant as soon as you begin your business. This way you’ll avoid mistakes from the starting and reduce headaches. This way you can avoid mistakes from the beginning and thus reduce headaches. Depending on your needs our office person can complete an entire year’s accounting in very short time.
- No way! You shall still maintain 100% control of all decisions and all checks will still be signed by you. You choose what merchants get paid and when. We provide with the data and perform the specific task, but you approve all receipts for payment and sign all checks.
- com is one of the best online service portals to help factories and establishments to receive accounting services in India. We have 10 years of experience in application of bookkeeping services.
- Books of accounts comprise of a Journal, a Ledger book, a Trial Balance, Original and carbon copies of bills/invoices/receipts /, Cash Book, Profit and Loss A/c, Balance Sheet and Cash Flow Statements.
- Companies and LLPs are required to maintain books of accounts as mandated by their governing statutes, namely Companies Act, 2013 and Limited Liability Partnership Act, 2008. Further, Income Tax Act, 1961 also obligates the maintenance of the books of accounts, irrespective of the form of business, and has separate provisions related to it. Thus, there may be a situation where a Private Limited Company is required to comply with such legal provisions as well.
- Yes, you are on the right track as you that would imply that you are preparing a part of books of accounts. But it does not cover all your transactions, so in order to keep records of all the transaction you need to maintain additional books of accounts like Journal, Ledger, Trial Balance, Cash Book, P&L A/c, Balance Sheet and Cash-flow Statements in commonly accepted accounting software, such as Tally or Oracle.
- Maintaining or not maintaining books by handing over the job to a professional firm does not determine whether you need to undergo audit or not. Furthermore, there are several different types of audits such as, internal audit, cost audit, tax audit and statutory audit. Each audit has its own statutory requirements, thresholds of being conducted with relevant deadlines and due dates.
- Yes, you have an option of manually recording your transaction. It is not at all obligatory to do it through any specific software. But it’s always advisable to maintain accounts on a specific software to eliminate any errors or miscalculations.