The objective of a financial “review” conducted by accounting professionals is to examine the financial statements and determine whether the financial statements are consistent with generally accepted accounting principles.
Accounting Policy & Process
Process design lets you both build in and improve efficiencies across business procedures. The faster it becomes for teams or individuals to work through a particular process, the more time they will save. Process design also lets you maximize resource use so you can keep costs to a minimum.
Chart of Accounts Design
A chart of accounts (COA) is a financial, organizational tool that provides an index of every account in an accounting system. This provides insight into all the financial transactions of the company.
Financial Statement Preparation
Monthly financial statement, Quarterly financial statement, Yearly financial statement.
Provident Fund (Financial Statement)
A Provident fund is created to provide employees with lump sum payments at the time of exit from their place of employment. Our service is to include the preparation of financial statements for the provident fund
Details of employee (Name, Employee ID, Designation, Email ID, Joining date), Details of health insurance, Details of contribution to provident fund, Personal income tax deduction, Tax deduction at source submission status challan copy, Preparation of corresponding payment orders, and transfer orders for employees’ salaries, Preparing and filing annual salary returns (108 and 108A), Registration/deregistration of employees with relevant social institutions, Copy of the appointment letter of the employees
Accounting responsibility, General income cycle activities, Chart of accounts, Transactions in the general ledger, Journal entries, Bank reconciliation, Accounts receivable, Accounts payable, Payroll administration, Property and equipment, Cash deposit and transfer, Credit card and accrual, Month-end closing, Year-end closing and annual audit, Existing accounting policies, Details of business nature.
The software architecture of a system represents the design decisions related to overall system structure and behavior. Architecture helps stakeholders understand and analyze how the system will achieve essential qualities such as modifiability, availability, and security.