VIRTUAL CFO ACCOUNTANT 

• Are you facing troubles with your Accounts Team?

• Are you not getting Financial & Management Reports timely?

• Are you facing troubleshooting problems with Accounts, TDS & GST due to errors and mistakes and in turn leading to late or non-filing of returns?

• Are you paying interest and penalties due to belated compliances?

• Are you not able to pay attention to your core business due to changes in accountants regularly?

Get Hassle-Free Accounts & Tax Compliance Services from us.

• CFO refers to the Chief Financial Officer of the company.  CFO Accountant refers to an Accountant who is also a Chief Financial Officer of the Company. CFO Accountant Service refers to an outside agency that provides CFO Accountant service to a company on affordable, flexible and scalable terms. This helps Small & Medium Businesses that cannot afford to employ a Chief Financial Officer on a full-time basis to take care of their businesses and guide them strategically to develop and grow.

• We are a one-stop solution for all your compliance needs in India. We provide services starting from the Registration of your entity till the Filing of Final Tax & Statutory Returns. Essentially, we manage all backend processes so that you can concentrate on your core business. CFO Accountant Service is a power-packed combo of all those services.

• CFO Accountant Service is specifically designed for those businessmen who need real-time flawless data for decision making. Gone are the days of Accounting Solutions that run on a desktop machine and depends on an accountant to do the technical job. New cloud-based software solutions have made dynamic business owners' life way easy by giving them control over their financial data in real-time with connected banking and many other features.

• We offer a real-time cloud-based solution for regular Account updates, Employee Records handling, & Payroll Services. We also take care of Statutory dues and Returns handling, Preparation of Financial Statements & Annual Reports, solving Auditors’ queries, maintenance of employee expenses and Bills, handling bank reconciliation activities, consulting, managing fixed assets, handling TDS and GST compliances and preparing MIS reports (Receivables (AR), Payables (AP), Income (P&L) statements and Balance sheets and cash-flow statements).

Day to Day Book-Keeping

Our team assists you in recording all the daily financial transactions. These would include payments received from clients, interest income, tax payments, salaries, wages, vendor payments, investments, petty cash expenses etc. It is very important to record day to day transactions in the Accounting system to ensure books are kept clean and up-to-date. Day to Day Book-keeping transactions includes recording Purchase, Sales, Expenses, Journal Voucher entries & performing Bank Reconciliation. Apart from recording transactions, it is important to manage documents, bills & vouchers in a systematic manner to be able to retrieve them whenever required. Maintaining tax registers and raising invoices to customers also form a part of Day-to-Day Book-Keeping. We provide Outsourced Bookkeeping and Accounting services across the globe.

Accounts Reconciliation

As part of our range of bookkeeping services in India, we provide an additional service of reconciliation of accounts to our clients. The process of account reconciliation involves the verification of transactions as outlined in the organization’s financial records against independent third-party reports ensuring consistency in the overall bookkeeping. The reconciliation process also maps that the funds leaving the business or company account correspond to the sum that has been spent. The reconciliation process is a core component of the overall bookkeeping process as it helps our customers minimize overdrafts on cash accounts. It also prevents overcharging company credit cards and pinpoints financial frauds such as theft or incorrectly recorded income and expense entries. If you are in the market for a bookkeeping service that keeps your financial records error-free, then we highly recommend using our reconciliation service before things get out of control.  

Tax Compliance

We have a dedicated team of taxation specialists who are committed to delivering solutions for clients who require GST and direct tax accounting facilities. Among the array of bookkeeping services, we offer calculation of GST and various other taxes. We also ensure that GST & Other Compliance returns are filed on time.  

Managing Receivables & Payables  

Managing Receivables and Payables is one of the most popular deliverables of our outsourced bookkeeping services in India. By having favourable terms with your clients and vendors, your firm can manage cash flow optimally. This will help you to run your business effectively. We help out by establishing terms of credit with clients and vendors, following up on payments with clients and handling vendor follow-ups.

Payroll  Management

One of the integral parts of our bookkeeping services for small businesses is payroll maintenance and management. We deliver the full spectrum of payroll management services including processing of salaries and wages, handling FnF processing, scrutinising attendance & leave records, managing payslips and Form 16. We also help out with adhering to PF, EPF, Gratuity & ESIC Compliances. We believe that if payroll management is well structured and understood completely by individuals, it can be the key differentiator between companies and serve as a strategic advantage for businesses.

Company Budgets 

For every organisation, preparing budgets is a vital activity. It enables the promoters to get clarity about the amount of funds to be deployed towards multiple departments such as sales, marketing, human resources, logistics etc. By preparing a budget, an organisation would also be able to manage its cash efficiently and track the return on investment across its spending. We help businesses prepare budgets that are aligned with their strategic goals and thus enable them to focus on their core competence. 

MIS Reporting 

Management Information Reports are invaluable tools that are vital for informed & prudent decision making. MIS reports include fund flow statements, cash flow statements, production reports, sales reports, etc. It is important to access these reports consistently so that you can make business-critical decisions. Our team of experts who provide accounting services will work closely with your company personnel to generate these reports on a regular basis. 

Multi-System Support

We work with a range of accounting tools and platforms to meet the needs of our clients as part of our bookkeeping outsourcing India services. These include Tally ERP9, ZOHO, MYOB, XERO, Quickbooks, BUSY and Marg among others. We ensure convenient and error-free bookkeeping including key accounting functionalities such as invoicing, cash management, and reporting capabilities especially in the case of small businesses by using these tools. We are more than happy to work with similar tools and systems.

• Accounting set-up on the software of your choice. We recommend Tally Prime, Zoho Books and Busy Accounting Softwares in India.

• Monthly Bank Reconciliation Statements

• Monthly MIS Reports

• Monthly Sales cum GST Reports

• Monthly Accounts Receivable Aging Reports

• Monthly Profit & Loss & Cashflow Reports

• Monthly Accounts Payable Reports

• Monthly Tax Payments and Filings (TDS, PT, PF, ESIC, GST etc)

• I do not know anything about this. How can I start Accounts Management for my business?

- Do not worry, we have you covered. Our experts will guide you in every step.