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Our accounting and financial services are cost effective and utilitarian. The experts in the field have considerable experience in manufacturing industries and also in accountancy and tax practice. This gives considerable advantage to the client and a lead over their competitors in the field. This exposure and expertise in these areas, thus improve service performance and considerably reduces transaction costs. The client can use this expertise for arriving at solutions on an ongoing basis or we can customize a package to fit to the client's needs.

These services can be broadly classified into the following services:

Financial Accounting and Reporting--preparation of monthly/quarterly/half yearly/annual Trial Balance, Profit and loss account and Balance Sheet including year-end closing entries like depreciation, closing stock etc.,

Bank Reconciliation - Reconciliation of all bank accounts highlighting overdue realizations of inward/outward cheques.

Preparation of financial statements and management reports as required by the management and preparation of cash flow and fund flow statements.

Accounting Payables and Receivables-Maintaining separate accounts for debtors and Creditors. Managing payables and receivables with follow up of confirmations, collection statements processing (classifying the same as customer wise, dealer wise and representative wise).

Expenses reporting - Highlighting on a required periodicity, the special expenses like traveling, communication, entertainment etc. for effective management control.

Payroll Accounting - Preparation of pay sheets in advance, taking into account, the salary payable on a fortnightly/monthly basis based on attendance and other parameters, deductions for tax payable, superannuation or any other deductions and working out statistical data for filing with Government authorities based on such payments in such periodicity as may be legally required.

Taxation Matters--Tax strategies, tax implications, and payment status and compliance with reference to Indian Tax Laws including the VAT regime which is likely to be introduced shortly and Service tax implications for the client, including registration formalities and relevance of Double taxation avoidance agreements with reference to a particular client.

We can maintain Books of accounts, file tax returns etc. as per the requirements of Indian Income Tax Act, 1961.

Formation and Registration of Companies in India - We can prepare Memorandum and Articles of Association for registering companies in Chennai, Bangalore and Coimbatore as private limited or public limited companies, get the Name approval, get them registered, obtain Certificate of Registration, Certificate of Commencement of Business and get all the formalities connected with such registration completed very fast.

We can maintain Minutes Book of the Board of directors, General Body Meetings and other Statutory requirements as per the Indian Companies Act, 1956.

We can also follow up this with annual compliance requirements of the Registrar of Companies like filing of Annual Returns, Annual Accounts, Filing of necessary forms like Form 32,Form2 etc.

In addition to taking care of your accounting interests in India, we can also offer outsourced Accounting Services if the client so desires on a fixed cost per man month.

Please Contact us for your specific requirements and we will be delighted to assist you.

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We do not practice Law, do not offer any Legal Opinion and the information provided is not intended to be Legal advice and must not be taken as such. Data mining and presentation of information collected from various database searches is the service provided. See the detailed Disclaimer here, Privacy Policy and our terms of service. No copyright is claimed for Government works. Only Government work in public domain is republished here for easier and better accessibility and for research purposes as free information to the public.