Bookkeeping services are a vital process in any business. Bookkeeping is the recording of financial transactions and is part of the process of accounting in business. Transactions include purchases, sales, receipts, and payments by an individual person or an organization/corporation. There are several standard methods of bookkeeping, including the single-entry and double-entry bookkeeping systems. It ensures judicious, precise, and timely financial and operative information is maintained within an organization. It also certifies company details shared with the management and investors are appropriate and factual.
Also, bookkeeping is important for a business to maintain proper accounts. It safeguards the company’s tax status, that is if the taxes are filed and paid in time. Due to such reasons, bookkeeping is a highly critical function in any business functioning in India.
We the team of secretarial pro will assist you, help you in keeping your book of accounts up to date. You can avail the below-mentioned services for bookkeeping.
⦁ Accounts Receivable
⦁ Accounts Payable
⦁ Bank Reconciliation
⦁ Payroll Section
⦁ Inventory Accounting
⦁ Tax calculations/Compliances
Preparation and filing of reports:-
⦁ Annual Financial Statements
⦁ MIS Data
⦁ Trend Analysis
⦁ Any other event-based reports
TAX, STATUTORY & MANAGEMENT AUDIT
You can avail of the below-mentioned audit services from us:-
⦁ Statutory Audit of Corporate and Non-Corporate
⦁ Tax Audit under Income Tax Act, 1961
⦁ Management Audit
⦁ Concurrent Audits
⦁ Revenue Audit of Banks
⦁ Branch Audits of Banks
⦁ Audit of Companies, LLP, Partnership Firm, Proprietary Business, Foreign Entities, PF Trusts, Charitable Trusts, Schools, etc.
⦁ Audit of Co-operative Societies
⦁ Information System Audit
⦁ Internal Audits
All the books of account and related documents should be kept at the principal place of business,i.e., where the business or profession is generally carried on. These documents should be preserved for a minimum of six years from the end of the relevant Assessment year i.e. for a total of 7 financial years from the end of the relevant year. However, when the assessment has been reopened, all books of account and other documents which were kept and maintained at the time of reopening of assessment should continue to be so kept and maintained till the assessment so reopened has been completed.