Many small businesses, start-ups, and entrepreneurs find it difficult to hire someone with the right skills to prepare their company’s financial statements, manage bank account operations, analyze financial data, and prepare the outgoing invoices. Nowadays, it is even more challenging to find the qualified and eligible person at the affordable rate.
Even though it is commonly believed that accounting and bookkeeping must be done inside of the business, it is important to ask yourself, whether you have the necessary skills and experience to do this job. Due to this fact, it might be worth considering to outsource someone with the right knowledge and qualifications, who can do the same job in a more cost effective way.
For the same reason, many executive directors have noticed various positive aspects of outsourcing bookkeeping and accounting services without causing any adverse effects on their business, employees, and, most importantly, their customers.
However, we believe that the advantages of outsourcing should be weighed against many positives and not purely against the savings of the company. Therefore, we want to share the top 5 benefits, which our clients in Denmark, Norway, Sweden, and Switzerland, have already experienced after their decision to outsource bookkeeping and accounting.
Due to Digitalization of registration process, it’s become easy to register the private limited company
Obtaining DSC & DIN
Due to online process at least one director need to have digital signature (Dsc) which is required to sign electronic document.
For obtaining DSC, self-attested copy of director's pan card & his address proof is required.
Obtaining DSC & DIN
Firstly You need to find your name has not been taken
Secondly, you need to comply with the MCA guidelines. You can do so by ensuring that the name has a unique component and a descriptive component.
Company Registration Form & MoA & AoA Submission
Copy of Rental Agreement (along with NOC from owner)/Sale Deed in case of own property
Telephone or Mobile Bill/Electricity or Gas Bill Scanned copy of Notarized Rental Agreement in English
Affidavit from director and shareholders
Copy of PAN card, Identity and Address Proof for DIN for up to 3 directors
Company Incorporation Certificate
Once all the documents are approved by MCA , it will issue a incorpation certificate.
Apply for PAN & TAN & Bank Account
On the basis of incorporation certificate u can apply for the TAN , PAN & Bank.
Absolutely not! You still maintain 100% control over decisions and payments regarding which vendors get paid and when. We provide you the updated information and perform the specific task & considering that you can take decision on your own.
You will have one bookkeeper assigned to your account. This person will work on your account according to your suitability & master your unique processes, and be responsible for day to day servicing of your account.
In general, our costs have proven to be less than our clients were paying for their accounting staff. Our fees are based on the volume and complexity of each client. We determine the scope of services and establish a fixed monthly amount so you can manage you budget.
The cost of properly setting your books up and maintaining them is far more cost effective than having your CA fix and correct them at year end. In addition, the benefits of having accurate and useful reporting during the year can assist in all aspects of running your business.
Tally & busy is the general accounting software that we recommend and we are experts in its usage. We also have experience in other standard accounting software.
No. We can perform bookkeeping services only but if you require, we can provide the same.
Having good bookkeeping will ensure you have efficient accounting systems. This helps you manage critical components of your business.
Most small and medium business owners do not have the knowledge, time or ability to effectively perform their bookkeeping duties. Outsourcing a bookkeeper will provide you with the time required to focus on your business’s operations.
Of course, our bookkeepers can comfortably work at your premises or from a remote location. It is entirely up to you.