Monday - Friday: 9:30AM - 07:00PM
FinServ PartnersFinServ PartnersFinServ Partners
(Monday - Friday)
Patia, Bhubaneswar, Odisha - 751017, India
FinServ PartnersFinServ PartnersFinServ Partners

Accounting & Bookkeeping

Accounting & Bookkeeping

Accounting is the process of tracking an organization’s income, Expenses, assets, and liabilities. An accountant is a financial adviser who offers clients strategic financial and taxation-related advice. Bookkeeping is the process of keeping records of a business’s financial transactions, including preparing financial statements such as Income Statements, Balance sheets, and Cash flow Statements. In summary, Bookkeepers maintain records of financial transactions, and accountants use these records and other information to help an organization in its business decision-making.

Who needs Accounting and Bookkeeping Services and why?

Every organization must record its monetary transactions and prepare financial statements used by various stakeholders to make economic decisions. Investors in a company use accounting records for analysis and valuation of their potential or existing investment in the company. Regulatory authorities require these for taxation and other regulatory matters. Similarly, suppliers, customers, and corporate executives need financial statements for their respective uses. Bookkeeping act as the basis for providing accounting services.

On the same lines, accounting is also a necessary service that every organization requires; as mentioned above, accountants provide strategic financial advice on audit, taxation, and other financial matters, and every organization would want to carry out its operations while obeying tax and other regulations in the most efficient manner.

 

Professionally driven Accounting & Bookkeeping services should include the following elements:

  • Accurate and orderly record of the following items:
    1. Payroll and employment taxes
    2. Sales and purchases
    3. Expenses
    4. Bank statements
    5. Accounts receivables and Accounts payables
    6. Capex and other monetary transactions
  • Preparation of Financial statements: Financial statements include  Income statements, Balance sheets, Cashflow statements and Statements of Changes in Equity.
  • Tax Planning: Accurate and timely tax fillings are essential for an organisation to avoid regulatory charges and penalties from tax authorities. In addition, Accountants can help an entity save money on taxes; it is their job to stay updated on the latest regulatory changes and suggest best taxation practices to minimise tax burden while operating under applicable regulations.
  • Audit: Accountants can help their organisation prepare for the audit. In addition, sound accounting and bookkeeping practices can save an entity from getting a qualified audit opinion.

Contact us today!

    Address

    • Suite - 210, B Block, Nature's Crest, Patia, Bhubaneswar, Odisha - 751017, India
    • India #: (+91) 674-358-1502
      US #: (+1) 585-577-7716
    • [email protected]
    Best Quality Service Competitive Price Quick Turnaround Reliable & Dependable Super Support

    Quality is our first priority. We always provide our clients with world-class services with a 99.99% quality guarantee and keep improving the process. Our quality checking process pass-through a 3-step checking process, reducing the error chance to zero percent.

    Our process improvement continuously checks for model and report upgradation, change or application of new industry or legal rules in the valuation and analysis process. Our existing clients are very much satisfied with our quality services.

    We work on a low-price model without compromising the quality of the work. We have a talented pool of MBA, CVA, CPA, CFA and other finance, accounting, and economics graduates to maintain the quality.

    Since we operate from India, we benefit from the labour arbitrage and pass the same befit to our clients by providing quality services at 60-70% less than their in-house operating cost.

    We always try to deliver projects as soon as possible after all required work and quality checks are done.

    As soon as we receive a project request from the client, we add that to our project pipeline and set the final deadline. Then we review and request the missing documents/data from the client. In the meantime, our operation manager assigns respective tasks to respective analysts based on their competencies and sets a deadline for each. After the completion, the QC team takes over the project and checks for errors in 2-3 steps. After confirmation, our managing director quickly looks at the project and then delivers it to the client before the final deadline.

    We are a reliable and trusted offshoring partner for the client. We sign the NDA and NCA when a contract is finalised between the client and us. We work for the client's best interest in a very transparent way, for which clients rely and depend on us for their part/whole process for the long term without any confusion.

    We provide our endless dedicated support to our clients 24/7, whether related to a project, pricing, time or audit support. This is why clients have loved to partner with us for a long time. We provide support via online video meetings like zoom or Microsoft teams or skype, voice calls, Whatsapp and our online chat agent on our website.

    Clients Testimonials

    Few appreciation and motivation from our clients for our best quality and timely work!

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