Our Services
Bookkeeping
Bookkeeping involves the recording, storing and retrieving of financial transactions for a company, non profit organization, individual, etc.
Common financial transactions and tasks that are involved in bookkeeping include:
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Billing for goods sold or services provided to clients.
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Recording receipts from customers.
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Verifying and recording invoices from suppliers.
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Paying suppliers.
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Processing employees' pay and the related governmental reports.
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Monitoring individual accounts receivable.
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Recording depreciation and other adjusting entries.
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Providing financial reports.
Today bookkeeping is done with the use of computer software. For example, Tally ERP 9.0 It is a low-cost bookkeeping and accounting software that is widely used by small businesses.
Bookkeeping requires knowledge of debits and credits and a basic understanding of financial accounting, which includes the balance sheet and income statement.
Taxation
Tax means by which governments finance their expenditure by imposing charges on citizens and corporate entities.
Governments use taxation to encourage or discourage certain economic decisions. For example, reduction in taxable personal (or household) income by the amount paid as interest on home mortgage loans results in greater construction activity, and generates more jobs.
Payroll
Payroll is a list of employees who get paid by the company. Payroll also refers to the total amount of money employer pays to the employees. As a business function, it involves:
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Developing organization pay policy including flexible benefits, leave encashment policy, etc.
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Defining payslip components like basic, variable pay, HRA, and LTA
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Gathering other payroll inputs (e.g., organization’s food vendor may supply information about the amount to be recovered from the employees for meals consumed)
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The actual calculation of gross salary, statutory as well as non-statutory deductions, and arriving at the net pay
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Releasing employee salary
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Depositing dues like TDS, PF, etc. with appropriate authorities and filing returns
In short, we can say that payroll process involves arriving at what is due to the employees also called as ‘net pay’ after adjusting necessary taxes and other deductions.
Finance Advisory
Our finance professionals enhance value through the delivery of strategic advice and execution services to corporations, financial institutions and public sector companies who seek value-enhancing solutions that complement their growth strategies. We have a specialist team that works actively with private equity, venture capital and other investors and lenders to arrange financing and complete transactions for clients.
MIS
A management information system (MIS) is a computer system consisting of hardware and software that serves as the backbone of an organization’s operations. An MIS gathers data from multiple online systems, analyzes the information, and reports data to aid in management decision-making.
MIS is also the study of how such systems work.
Improved Decision-Making
The purpose of an MIS is improved decision-making, by providing up-to-date, accurate data on a variety of organizational assets, including:
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Financials
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Inventory
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Personnel
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Project timelines
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Manufacturing
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Real estate
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Marketing
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Raw materials
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R&D
The MIS collects the data, stores it, and makes it accessible to managers who want to analyze the data by running reports.
Cash Management
Cash management refers to the collection, handling, usage, and (short-term) investing of cash. In other words, it is the management of the cash that flows in and out by a company.
Cash management covers a broad area of finance. It includes assessing cash flow and market liquidity. It also includes assessing investments.
There is more to effective cash management than simply avoiding insolvency. It also involves getting customers to pay on time. Above all, it is about doing everything possible to improve the business’ financial profitability.