Outsourcing

Outsourcing

by admin
  • Registration: Obtaining various requisite registrations from the regulatory authorities
  • Accounting and MIS: Setting up of Bookkeeping and Accounting function and its supervision
    • Review of current reporting system to bring operational efficiency
    • Consolidation of accounts of various entities in the Group
    • Guidance and supervision of Accounting function including Accounting process review and preparation of Accounting manual
  • Payroll Processing – Our team assists in end-to-end Payroll Processing and compliance, which includes:
    • Preparation of salary structure of employees and salary processing on the monthly basis
    • Calculation and deposit of the monthly deductions as required by the law
    • Preparation and filing of monthly ECR
    • Computation and deposit of withholding tax of employees
    • Quarterly filing of withholding tax returns
    • Preparation of monthly payslips
    • Full and final settlement for outgoing employees
    • Preparation of payroll reports and annual issue of Form 16, Certificate under Section 203 of the Income-tax Act, 1961 for tax deducted at source on salary
  • Virtual Financial Controller / CFO Services: Business Modelling
    • Validation of data before presentation to Investors
    • Review of Books of Account and financial data before submitting to a Financial Institution for funding or to a Credit Rating Agency
  • Preparation of Financial Statements: Preparation of Financial Statements in accordance with generally accepted accounting principles in India, IGAAP, IFRS and various local GAAPs of the overseas jurisdiction