In the current scenario of globalization and emerging technology convergence, the business processes have undergone revolutionary changes and this has been reflected in business practices globally. Outsourcing of various business processes has become the practice in all major trade centres to trim costs in real time and it is called prudent business sense. Globally, there has been an emerging trend of major businesses and large corporations outsourcing their financial processes especially accounting processes to specialized companies for better management of their resources and time. Accounts outsourcing packages provided by us include various services, which are structured to suit an individual client's needs and requirements. Some of the accounting services being regularly outsourced by companies to us include among others the following:
Bookkeeping and General Accounting Services
The service comprises of drawing and maintaining regular bookkeeping on daily basis and preparation of monthly or quarterly accounts for management purposes.
Preparation of Financial Statements
The company has to prepare the annual accounts for the purpose of statutory annual auditing and schedules of business to reflect the true position of business.
Payroll Outsourcing
We, offer a fully managed Payroll services. We have very sophisticated payroll software in our office that offer that complete payroll administration. Our clients look for assurance that their employees are getting correct salary on time and also that they are complying with local employment legislation, Social Security Regulations and Income tax withholding law.
Outsourcing payroll function to us will help you to focus on core functions.
Our services include :
»Preparation of payroll
»Preparation of Salary slips
»Preparation and filing of various returns under social security, Insurance, Tax and employment legislation
»Deduction and timely deposit of various statutory and Tax deductions
»Management reporting
»Payment Instructions
»Registrations, Permissions and approvals
»Other payroll formalities concerning local fiscal authority and state employment agencies
»Tax efficient salary structure
»Administration of Commissions, Incentive, Bonus payment and reimbursement of Staff expenses
Company Formation in India
