We are looking at a competitive commercial keeping our efforts during the process in consideration:
1. Bookkeeping- Day to Day recording of expenses, invoicing, banking transactions, etc
2. Billing: Collecting information from clients to create invoices for customers.
3. Collections: Tracking overdue invoice payments from customers.
4. Payables: Collection of supplier invoices and employee expense reports, verification of billed amounts for payment, and issuing of payment.
5. Financial statements: Adjustment of journal entries to ensure compliance of the company’s initial financial results under the applicable accounting framework.
6. Internal reporting: Month end reporting and reviewing different business aspects like product, customer profitability, to improve financial results.
7. Payroll: Collection of the employees’ information from HR, calculation of tax and other pay deductions, and issuing salary.
8. Income Tax and GST: Preparing the tax data and filings
9. Statutory Audit- Preparation of Balance Sheet, P&L and further coordination
10. Such other task as required from time to time
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