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Book Keeping Services

Bookkeeping services are necessary for all businesses to ensure accurate operational / financial information. Such information is required by Management, Regulators, and Investors. Also, it is a legal requirement for any business to maintain an appropriate book of accounts to ensure that all relevant taxes are paid and tax filings are made on time.

Bookkeeping is the process of recording financial transactions of a business in an accounting system and the creation of reports. However, many small businesses do not have complete accounting departments and require external bookkeeping services.

Accountants may handle more advanced tasks like tax preparation, budget analysis, and investment development. Both Accountants and bookkeepers frequently use advanced financial software to record and track their information.

Advantages of Bookkeeping

  • Cost-Effective

  • Time Effective

  • Higher Profits

  • Reduced Tax Liabilities

  • Peace of mind

Why should you Maintain Books of Accounts?

  • It is a Statutory Requirement for all businesses except for Sole Proprietorship.

  • Helps you review your performance and take steps to improve.

  • Maintaining books of accounts helps you when you need funding from investors.

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