What is Accounting and Bookkeeping?
Accounting & Bookkeeping
It is necessary to track each and every transaction in a business even if it is an income of ten rupees or an expense of one rupee. Recording of all transaction in a prescribed order ensures transparent business operations by tallied account. With a tailor made Accounting and Book Keeping Service, ‘BookMyTM’ ensures the proper maintenance and updating of the accounts book, which helps the businesses tracking every single transaction undertaken in past so that they can plan much wise to overcome any mistakes in future. All you needed is to update your dedicated ‘accounting executive’ with all the transaction made in a daily/weekly basis with supporting documents as sales invoices or purchase bills.
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Benefits of Accounting and Bookkeeping
To Track Income & Expense
To ensure a smooth and transparent business, any kind of business entity from individual to a Company or Corporation required to record their income generated and expense incurred from time to time. With Accounts and Bookkeeping service, BookMyTM ensures the best result to keep the accounts intact, which helps the business to plan and strategize their financial resources and exploit them accordingly.
Access to Operational Information
Well kept records of accounts provide access to operational information to the management even though business owners or managers are not directly involved in all transactions; Accounting and Bookkeeping help them to keep an eye on all the transactions from time to time.
Attract Investors with Proper Accounts
Any Individual or Companies invest in a business only after complete analysis of the proposed business and its financial condition. Ensure up-to-date books of account while inviting investors to invest in your business, a proper book of accounts attract good investors much easily.
Ready to Furnish Data for Timely Compliance
Accounting and Bookkeeping service by BookMyTM ensures an updated book of accounts, which makes it easy to extract data and submit on time for regular return filing, compliance or scrutiny for the businesses.
Documents Required for Accounting and Bookkeeping Service
PAN Card
Copy of PAN Card of the business entity (PAN of Proprietor in case of proprietorship)
Incorporation Documents
Certificate of incorporation/MOA & AOA/LLP Agreement/Partnership Deed (Which ever applicable)
Bank Statement
Bank statement of Current Account in the name of business enity
Bank Statement of Partners
Bank statement of SB accounts of partners of the firm
Registration Certificate
Government Registration Certificates such as GST Registration Certificate
Invoices and Bills
Sales invoices and expense bills for concerned accounting period
Details of Assets
Invoices of sale or purchase of assets or pending loans
Preliminary expense
Expenses made for company or LLP registration by promoters
Details of Cash transactions
All the transactions incurred in cash needs to be booked
Register for Accounts and Bookkeeping in 3 Easy Steps
Step 01
Fill up the registration form
Select any package suits your requirement · Fill up the form which will take less than 10 minutes · Make payment through secure payment gateway. Step 02
BookMyTM is Here to Help
Your queries will be answered quickly and effectively · Provide details & upload documents required for Provident Fund Registration Step 03
Entries in the Books of Accounts
BookMyTM will maintain the Book of Accounts for you on a Daily Basis · Get access to updated Book of Accounts as per requirement · Your data will be secure with us.
Manage books in 3 Easy Steps
Step 01
Follow Quick Process
Pick the best suitable Package for accounting and bookkeeping · Spare less than 10 minutes to fill our online Questionnaire · Upload required Documents · Make quick payment through our secured gateways Step 02
Experts at BookMyTM are here to help
Your Queries Will Be Answered Quickly & Effectively · Provide the details of the Business and transactions · Entries in the Books of Accounts · Maintaining the book of accounts on a daily basis · Deliver up to date data Step 03
Get access to updated Accounts!
Get access to updated Accounts as per your requirement · For us, data secrecy is a priority
Frequently Asked Questions
Availing a trustworthy bookkeeping service (offline or online) for any business ensures a well-run accounting system which helps you to manage your business.
Many business owners do not have the knowledge, time or ability to accurately perform their bookkeeping duties. Online accounting services will provide you the time required to focus on your businesses operations.
Keeping in-house accounting and bookkeeping services would demand both from the owners – time and efforts. Hence, rather than focusing on such administrative task, it is beneficial to focus on the growth of the business.
You can also opt for GST Return Filing, TDS Return Filing, Annual Compliance Services for Companies and LLPs, Income Tax Return (ITR) Filing along with accounting and bookkeeping services.
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