Accounting and compliance services
To gain the time for strategic priorities, Founders must have a well-functioning finance function behind them otherwise it will hamper their ability to accomplish what they set out to do.
Having an accounting and compliance partner will free up your time to handle what matters the most to you – Your business!
Getting started with us is simple. You will have a dedicated accountant who will understand your business to streamline your accounting processes. For all matters concerning accounting and compliance for your start-up you will have this single point of contact.
Why Us?
Value for money
Accuracy
Boost compliance adherence
Professional advice
Financial accounting and reporting
We will maintain your books of accounts with all the supporting documents which will be archived digitally. Although we would recommend that you maintain your books of accounts in a cloud accounting tool, as it would provide you real time access to your books, we have no qualms to continue maintaining your books of accounts in the accounting software that you have been currently using.
We will review your books with you every month so that you can be stress free about your financial accounting and compliance status. Your dashboards with KPIs and investor reports will be delivered in the agreed predefined formats and well on time every month.
We will also prepare the annual financial statements in accordance with the accounting standards applicable to your start-ups.
Handling year-end audits and filings need not be stressful anymore with much of the time spent in tracking down documents for auditors. We will co-ordinate for smooth closure of your year-end audit and related compliances.
Compliance with taxation laws
It is obvious that ignorance is not a bliss when it comes to financial data reporting and compliances. It would be a good practice to understand the revenue recognition and tax implications when finalising the business model for your startup so that risk of regulatory non-compliance are mitigated to a considerable extent and there are no issues that jump up at a later crucial phase of the start-up.
We will assist in compliance with income tax and GST rules and regulations.
We also advice on applicability of withholding tax for the transactions and assist in filing of the returns and generation of TDS certificates.
We also assist in monthly, quarterly and annual filings of GST returns as applicable to your start-up.
Corporate Secretarial compliance
We will update and maintain statutory registers required under the Companies Act. We also maintain board agenda, resolutions and minutes, assist in filings as applicable.
Payroll management
As a Founder you would recognise that the secret to delighting customers is putting your employees first. Let us handle your employee payments to make sure their needs are always met on time so that they can do what they do best.
Our services include monthly payroll processing, generation and despatch of payslips, generation of deposit advice for statutory dues as applicable, reimbursement claims processing, validation of investment proofs for tax rebates.
Data room management
If you are in the midst of fund raising, you would have realised that much of your time is often spent tracking down documents sought by potential investors. Having all of them together in one place – a Data Room – before you sign a term sheet will cut as much as a week off of your closing process.
We offer data room management as part of our accounting and compliance services.