BOOKKEEPING / ACCOUNTING SERVICES:
It involves recording all financial transactions in a systematic way, including sales, purchases, payments, and receipts. The purpose of bookkeeping/Accounting is to provide a clear and accurate record of a business financial activity, which can be used to prepare financial statements and make important business decisions.
The purpose of Bookkeeping Accounting is to maintain the day-to-day financial transactions of a business, including recording transactions, reconciling bank statements, and maintaining accurate financial records.
The distinction between bookkeeping and accounting is that bookkeeping is focused on recording financial transactions, whereas accounting is more focused on interpreting, classifying, analyzing, reporting and summarizing financial information.
The distinction between bookkeeping and accounting is that bookkeeping is focused on recording financial transactions, whereas accounting is more focused on interpreting, classifying, analyzing, reporting and summarizing financial information.
- Recording of the daily entries of Purchases, Sales, Payments, and Receipts.
- Reconciliation of Banking affairs and petty cash.
- Preparation of the Financial Statements.
- Preparation of customized reports.
- Conducting the Audits where applicable.
- Preparation of tax challans.
- Filing of Withholding statements.
- Filing of Monthly sales tax return.
- Filing of Advance tax statements.
- Filing Income Tax returns.