Outsourcing Services

For Small businesses, hiring a full-time accountant could be a costly affair. Also, having a junior inexperienced accountant comes with a risk of not being compliant with all statutory requirement, finding a replacement in case of resignation of an accountant is a troublesome task. Junior accountant will find it difficult to support on higher end tasks like tax planning, structuring employee pay package, meeting investor requirements, Meeting bank document requirements, input on taxation and other laws etc. A smaller business also may not have enough work to keep an accountant engaged full time.

V R Singh & Associates LLP provides the entire umbrella of services, which includes the following:

We do Daily, Monthly, Quarterly Bookkeeping Services depending on the size, volume, and nature of company’s business activity and as per the client requirements. We provide both on-site and off-site accounting services. We support the cloud as well as desktop-based accounting software.

Accounting Services include:

• Accounting for Invoices raised and receipts from Customers.
• Verification of Vendor Bills and payment after making necessary deductions
• Accounting for all the expenses, Assets purchase, Monthly Payments, etc.
• Bank reconciliations
• Preparation of Monthly Management Information System Report.
• Preparing Financial Statements as per Indian GAAP and IFRS.

We have well defined process to systematically move your bookkeeping records into accounting software to proceed with finalization of statutory year end accounts, needless to worry about what software you use for book-keeping or whether cash book is maintained in spreadsheet or in physical books.

• Computation of Monthly TDS and remittance.
• Preparation and filing of Quarterly e-TDS returns of the Company and sharing TDS Certificates with vendors
• Estimation of Advance Tax of the Company and remittance of the same.
• Consultancy services on matters concerning Income Tax of the Company.

• Computation of Monthly GST liability and remittance.
• Filing of Monthly & Quarterly, Annual GST Returns of the company.
• Application for GST Refund and Co-ordination with Department.
• Consultancy services on matters concerning the GST Tax of the Company.
• Consultancy services on matters concerning Income Tax of the Company.

• Payment of Monthly PT and filing of Monthly return
• Preparation and filing of Annual return
• Payment and filing of Annual PT for the Company

There are various registers to be maintained and various filings that are required to be done under the company law. Also, companies need to do various compliance under the Labour Laws.

Company Law Services include:

• Preparation of minutes of Board Meeting and General Meetings
• Preparation and filing of ROC Annual Returns.

Labour Law Services include

• Preparation and Filing of PF & ESI returns with PF Department.
• Preparation and filing of returns and forms under other applicable labour laws
• Maintenance of various registers under the various labour laws