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ACCOUNTING SERVICES

Accounting is the process of recording, sorting and organizing financial data of the business.

Maintaining books of accounts is a complex and relatively expensive process but it is mandatory for a business to maintain and submit yearly financial accounts under various compliance procedures listed by law. The IT Department makes it a must for individuals, companies to submit annual records of audited accounts to ensure proper payment of taxes.

Accounting services will be most useful to working professionals, Ngo’s, Trusts, Companies and Partnership firms.

Advantages

  • It helps firms understand their financial position and trends of growth.
  • Assists in identifying where unnecessary expenses are made and avoid them in the future.
  • Helps to avoid any dispute between partners of the business regarding sharing of profits and losses.
  • It helps to effectively convince venture funds to make investments and for banks to provide loans to the business.

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