A Detailed synopsis of services - PART

A) Accounting, Book Keeping and Business Support Services:

1. End to End Accounting Services:

a) Maintenance of Accounting records, Book keeping and preparation of financial statements.

b) Establishing accounting systems.

c) Review of existing system/ Accounting reforms.

d) Conversion into accrual based double entry accounting system.

e) Preparation of accounting manual.

f) Devising of sound & effective MIS systems.

g) Reconciliation with Various Vendors for the Outstanding Dues

h) Processing Employees’ Expenses and Petty Expense Claims

i) Bank Account Operations and Reconciliation

j) Month / Year-End Reporting and Funds Monitoring

k) Assist in Statutory and Internal Audit

2. Payroll Processing & HR Support Services:

a) Creation & Maintenance of Employee Records.

b) Structuring of Salary of Employees.

c) Preparation and Issue of Appointment Letters to Employees.

d) Assistance in Formulating HR Policies and Procedures.

e) Processing Employee Monthly Payroll.

f) Income Tax Computation, Payroll Tax Deduction, Issuing Salary Certificates (Form –16), Annual Returns (Form-24)

g) Tracking Perquisites as per Employment Terms.

h) Monthly Deposit of P.F. & ESI, Maintenance of Employee-Wise Details for Employee’s P.F. & ESI

i) Preparation and Filing of P.F. & ESI Return

The Calculations Support