Accounting and Financial Services

For Efficient Financial Management and Compliance

Accounting and taxation are crucial aspects of running a business in India. With the GST (Goods and Services Tax), the complexity of accounting has increased significantly. Therefore, it is essential for businesses to have access to reliable accounting services that can help them manage their financial and tax-related obligations efficiently.

At Business Ved, we connect you to a verified and experienced Accounting and Taxation firm. These firms have expertise in taxation laws and understand the finer nuances of accounting principles.

Services

Bookkeeping

This involves recording all financial transactions of a business, such as sales, purchases, payments, and receipts, in a systematic manner. It is essential for preparing financial statements and tax returns accurately.

GST Registration

Businesses with an annual turnover of over Rs. 20 lakhs (Rs. 10 lakhs for northeastern states) are required to register for GST. An accounting agency assists in the registration process and provide guidance on compliance with GST rules and regulations.

GST Return Filing

GST returns need to be filed on a monthly or quarterly basis, depending on the type of business. Accounting agencies assist in the preparation and filing of GST returns, ensuring compliance with GST laws.

Tax Preparation and Planning

Accounting agencies assists businesses in tax planning to minimize tax liabilities while complying with tax laws. They also prepare and file tax returns on behalf of the business.

Financial Analysis, Reporting and Auditing

An accounting agency provides financial analysis, prepares financial statements and provides regular reports on the financial performance of the business. They conduct audits and provide assurance services, ensuring that financial statements are accurate and comply with accounting and auditing standards.

E-way Bill Generation

An accounting agency assists in the generation of E-way bills, which are required for the movement of goods valued over Rs. 50,000. This includes verifying the accuracy of the details and ensuring compliance with GST rules and regulations.

Key Elements Provided by an Accounting and Financial Agency

Expertise

Accounting agencies employ qualified and experienced professionals who have extensive knowledge of accounting and tax laws in India.

Technology

Accounting agencies use modern accounting software and technology to manage financial transactions and provide accurate and timely reports.

Compliance

Accounting agencies ensure that businesses comply with tax laws and regulations, avoiding penalties and legal issues.

Get connected with the best fit accounting agency: