Book-keeping or accounting is the process recording and storing financial transactions.
Maintaining books of account is mandatory for all companies incorporated in India.
As per Income Tax Act’1961 maintaining books of accounts is also compulsory for every person carrying on business/profession whose income from business or profession exceeds one lakh twentythousand rupees or his total sales, turnover or gross receipts, as the case may be, in business or profession exceed or exceeds ten lakh rupees in any one of the three years immediately preceding the previous year.
Also as per Income Tax Act, maintaining books of account is compulsory for every person carrying on legal, medical, engineering or architectural profession or the profession of accountancy or technical, consultancy or interior decoration or any other profession as may prescribed.
We offer book-keeping/accounting by our expert team of professionals.
Book-keeping We record all your financial transactions and maintain your books of account. |
Finalization of Accounts We finalize your books at the end of each financial year and provide you with the financial statements. |
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MIS We generate monthly MIS for all your information needs. |
Bank Reconciliation statement We provide you with the monthly bank reconciliation statements. |
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