Services
Book Keeping & Accounting Services
At Accotax, we understand that accurate and efficient bookkeeping is the backbone of any successful business. Our comprehensive Book Keeping & Accounting Services are designed to streamline your financial processes, provide clarity, and empower you to make informed business decisions. Our expert team offers a wide range of services tailored to meet your specific needs:
Foundation Setup
- Establish robust ‘books of account’ using industry-leading book keeping software
- Develop a customized chart of accounts to reflect your business structure
- Implement effective income and expense categorization systems
Daily Financial Management
- Meticulous General Ledger maintenance
- Professional invoicing services to support your cash flow
- Detailed management of accounts-payable and accounts-receivable
- Regular preparation of aging reports and summaries for better financial oversight
Reconciliation Services
- Comprehensive reconciliation of accounts, bank statements, credit cards, UPI and other transactions
- Ensure accuracy and identify discrepancies to maintain financial integrity
Financial Reporting
- Prepare Financial Statements in compliance with Generally Accepted Accounting Principles (GAAP)
- Regular creation and formatting of Income Statements and Balance Sheets
- Customized financial reporting on monthly, quarterly, and annual basis to suit your business needs
Cash Flow and Payroll Management
- Strategic cash flow management to optimize your financial health
- Accurate payroll reconciliations to ensure compliance and employee satisfaction
Corporate Support
- Expert assistance in forming and implementing accounting policies & procedures
- In-depth general ledger bookkeeping, analysis, and processing of expense reports
Asset Management
- Ensure proper valuation and depreciation calculations
Budgeting and Analysis
- Daily/Monthly bank reconciliations to track your financial position
- Professional assistance with budgeting to help you plan for the future
- Detailed preparation and analysis of financial statements to drive business growth
Our Book Keeping & Accounting Services are designed to provide you with accurate, timely, and insightful financial information. By entrusting your accounting needs to our experienced professionals, you can focus on what you do best – running and growing your business. Let us handle the numbers while you chart the course for your company’s success.