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Accounts Outsourcing

Accounts Outsourcing
VRamaratnam and Company’s accounts outsourcing services are always structured to suit an individual client’s needs and requirements.

 

In today’s scenario of globalization and technology convergence, the process of doing business has been redefined. Outsourcing the right business processes makes a lot of business sense. Most businesses and large companies are outsourcing their accounting, financial reporting and payroll processes for driving efficiency and cost savings to the business

 

Our services are always structured to suit an individual client’s needs and requirements. Some of the accounts outsourcing services offered by us are as under:

Book keeping and General Accounting Outsourcing Services

Our accounts outsourcing services team is able to deliver complete finance and accounting solutions to companies located anywhere in the world.

Functioning as outsourced partners we take complete responsibility of the client’s routine processes allowing your management the liberty to focus on the more important strategic needs of your business

The range of our accounting services include

Book Keeping
Our trained staff efficiently uses technology to process transactions on a daily bases. This methodical process of recording all financial transactions leaves little room for any glitches in the accounting process.

Financial Statement preparation
Our team takes care of all financial statement preparation such as balance sheet, income statement or profit and loss statement, statement of retained earnings and cash flows.

Management accounts
We prepare management accounts making available essential information for company executives

Payroll Outsourcing

  • Preparation of the monthly payroll based on the inputs received from organization. This would include all statutory and other relevant deductions.
  • Ensure deductions of all relevant amounts and as per applicable statutory laws like Income Tax, provident Fund and Professional Tax etc.
  • Checking Form 16 for the Employees and file Qtly. returns for e-TDS with Income Tax authorities.
  • Deposit TDS & provide proof of deposit.
  • Ensure redressal of any issues.
  • Reconciliation of payments/statutory deductions etc. with books of accounts on quarterly basis.

Tax Planning & Returns

The service involves helping the clients make necessary periodic income tax, sales tax and other returns. It also includes helping the client make the right investment decisions and helping them avail various rebates and deductions.

Cash Forecasting

The service involves analyzing the cash requirements of the business and making cash forecasts for planning the future.