India Accounting Outsourcing Industry has Grown rapidly in last decade on the back of Significant benefits in the qualitative, costing and efficiency front. We at Chartered Online SINCE LAST 10 YEARS have been keen to collaborate with Foreign Accounting Partners in USA, UK, Australia, New Zealand, Dubai and CANADA to deliver the Outsourced Accounts and File Tax Returns.
Book keeping and General Accounting Service
The service involves preparing and maintaining day to day bookkeeping and monthly or quarterly management accounts.These books are prepared as per the US GAAP accounting standards and can also be made as per specific client instructions.
Preparation of Financial Statements
The service involves preparing a company’s annual accounts and schedules ready for the statutory annual audit.
- Preparation of the monthly payroll based on the inputs received from organization. The same would include all statutory and other relevant deductions as required.
- Ensure deductions of all relevant amounts and as per applicable statutory laws like Income Tax, provident Fund and Professional Tax etc.
- Checking Form W-4 for the Employees and file Qtly. returns for e-TDS with Income Tax authorities.
- Deposit TDS & provide proof of deposit.
- Ensure redressal of any issues.
- Reconciliation of payments/statutory deductions etc. with books of accounts on quarterly basis.
Tax planning & Returns
The service involves helping the clients make necessary periodic income tax, sales tax and other returns. It also includes helping the client make sound investment decisions and help him avail various rebates and deductions.
For Example :- In USA, We assist in Preparation and Filing of Form 1040, Form 941 etc
The service involves analyzing the cash requirements of the business and making cash forecasts for planning the future.