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Accounting and Financial Statements

Accounting and Financial Statements Offshore bookkeeping provides traditional accounting services to several small businesses.  We also deliver outsourced real-time accounting solutions to small and medium-sized businesses. Utilizing the latest technology, we can provide you with timely and relevant financial information to help you make better business decisions.  Outsourcing your accounting function to India will allow you to focus on your business and is more efficient than employing an in-house bookkeeper. Consulting Our team can work with you to provide solutions to your business problems.  We are able to assist in strategic planning, preparing business plans and projections, and assessing your control environment for significant weaknesses.  We can also point you in the right direction for website development and e-commerce solutions. General Bookkeeping Services Cloud Bookkeeping BAS Reviews Accounts Payable Accounts Receivable Payroll Processing Superannuation

Nonresident tax return preparation services

This is another specialized area practice, in Actuit India, to service and support nonresident Indians, to plan their income tax liability not only in India, but also for countries they are visiting for jobs/business, depending upon the their status of resident in visiting countries. Our tax planning can help to protect the foreign income of NRIs from being taxed in India. We provides advisory and compliance and nonresident tax return preparation and filing services covering related to law and income taxation laws, countries travelled, applicable to Non-Residents.  The nonresident tax returns can be compiled as per the provisions of the countries to which you were resident in taxable year coupled with the “considering” applicability of DTAA, Double Taxation Avoidance Treaty between countries. The large number of tax planning suggestions and guidelines provided by us has helped number of travelers, software engineers to save on income taxes in India in such a manner that the income of

Accounting Concepts, Accounting Services, Bookkeeping online, Small Business Accounting, Tax Return Processing

Author: Outsource India In a nutshell Accounts Payable Service is a very broad term to attempt to define. The most famous character in the plot though is an invoice. Any invoice generated and delivered for a product sold or a service provided becomes a part of the buyers or the customers accounts, which is payable. The services’ related to the management of these accounts is termed as Accounts Payable Services . Accounts payable is a from of credit that a buyer enjoys as he only has to pay once he has received the product or utilized the services provided by the seller. A seller usually has payment terms mentioned in the invoice, which could vary from zero to 30 days or more as per the negotiations between the buyer and the seller. An Example Let us consider a spare parts manufacturing firm Tech-Spares Ltd., supplying spares to an automobile manufacturer BestCar Ltd. Let us assume, 30 days is the terms of payment negotiated between Tech-Spares and BestCar. 30 days from the date of inv

Outsoure Accounting Services

Basically, accounting outsourcing services aims at freeing your resources meaning your organization to concentrate on core business functions without wasting time on bookkeeping or hiring competent accounting professional. In days of overload of work, it happens that the business firms may miss out some expense or the other to include in the accounts. These minor neglects can turn out to be huge problems in future for the business. In order to save your business from this problem and keep track on you financials, you can take the help of accounting outsourcing services. Maintaining the accounts and capital expenditures is quite a tedious task for many companies. Bookkeeping is concerned with handling the financial records, business revenue, profits and losses incurred by the company and providing you financial reports. Accounting outsourcing services deals with outsourcing bookkeeping and other accounting related works If you find yourself answering yes to the following questions

Outsourcing Tax Return Preparation

Outsourcing is seen as a buzz word similar to vertical growth. As it gives you lots of quality resources at your disposal to be utilized as per your discretion in the interest of your core business. Outsourcing is strongly advocated for firms who want to grow but lack of resources are pulling them down as compared to business competitors. Outsourcing is an ideas evolved to generate resources within your business process. You will find hidden treasure within your business when you start looking them differently. You will identify that few processes are eating lots of your time and money because either you doing them yourself or you hired a professional to do a specific process or processes for you. In either case it is working out a costly bet for your business with no value addition to your vertical business growth. Sometimes it looks like that you require professional help only for specific period because of excessive demand for a particular product

Vertical Business Growth- Outsource Accounting/Bookkeeping

Bookkeeping is a process to maintain the financial activities of a company in a systematic order to deliver the Financial Information Reports as and when business needs. The bookkeeping process require great deal of efforts, time and resources. To save on all these core energies/resources i.e. efforts, time and resources, bookkeeping outsourcing is coming as a best bet to make your business grow. For an organization whether it is small or big in size, bookkeeping outsourcing services will prove profitable from business point of view. It relieves management team from the pressure of handling manpower and keeping a watch on performance of accounting team many times which is not core competencies and require more time and resources. The fundamental aspects of bookkeeping outsourcing is the production of balance sheet, Income Statements, General Ledger Maintenance, data entry bookkeeping, Computerized systems etc. Proper recording of financial information gives you a clear vi