Accounting and Bookkeeping Service in India

What is Accounting?

Accounting is the process or work of keeping financial accounts. Every company must maintain proper books of accounts of its affairs. Accounting can be described as communicating the financial health of a business or an organization to any and all interested parties. It is a way of assessing the assets, liabilities, and cash flow, or the future of an entity for all current and future investors. It is the lifeblood of a business, and all types of businesses have basic information that is recorded to get that job done.

Why is Accounting & Bookkeeping necessary?

Accounting is the process of storing, sorting, and recording financial transactions. All businesses are required by law to submit their accounts to the Income Tax (IT) Department, and most also need to file them with the Ministry of Corporate Affairs. Several start-ups tend to ignore this requirement early on and then scramble to put together their accounts when they are raising funding or being acquired.

Why must we apply for Bookkeeping services?

Maintaining the books in-house certainly is a tedious and possibly expensive affair, but getting it done would significantly reduce pains in complying with the requirements of the IT Department, give the promoters and shareholders a good sense of how the business is doing, prove eligibility for loans in later years, and even satisfy investors.

Eligibility Criteria for Accounting and Bookkeeping Services in India

There are no eligibility criteria for getting our Accounting and Bookkeeping Services. However, we do require you to

• Be upfront about your financial statements
• Provide us access as per requirement
• Ensure that your compliances are met

Documents Required for Accounting and Bookkeeping Services in India

The following documents are required for filing an application for Accounting and Bookkeeping services in India:

The Identification proofs as well as PAN Card of the following

• Company
  • Directors
  • Promoters
  • Partners
• Essential Financial Statements

Process for filing Accounting and Bookkeeping Services in India

Following is the process we implement to provide accounting and bookkeeping services in India:

1. Contacting the client
2. Asking the client for access to financial statements
3. Providing our services

Our Assistance in filing the Accounting and Bookkeeping Services in India

We at Registrationwala provide end-to-end solutions for filing Accounting and Bookkeeping Services. Our services include:

• Collection of information and starting the process
• Creating the first compliance draft
• Reviewing the draft and making changes if necessary
• Providing you with the confirmation receipt

Registrationwala.com is a leading legal consultancy firm providing comprehensive services relating to Accounting and Bookkeeping Services.

Contact us now for seamless accounting and bookkeeping services.

Frequently Asked Questions