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Offices#179/2, GVR Ikon, 10th A Main Road, Double Road, Indiranagar 2nd Stage, Bengaluru

Bookkeeping and Accounting Services in Bangalore

BOOKKEEPING AND ACCOUNTING SERVICES REGISTRATION





    2,999 + GST + Govt. Fee
    Limited Time Period Only. No Hidden Charges

    Overview

    legalsyne is one of the top accounting companies in Bangalore that offers professional accounting and bookkeeping services, private limited company registration services and more for firms from all sectors.

    We understand that the process of keeping and managing bookkeeping and accounting records can be very tedious and time consuming. Timely compliance of legal requirements under various enactments has become a nightmare for business people in the country. On-time Compliance needs on-time accounting of the transactions. legalsyne, one of Bangalore’s top accounting firms, has a dedicated team of Chartered Accountants to ensure on-time compliance through day to day accounting and book-keeping services by acting as your accounting bookkeeper.

    Our unrivalled range of specialist industry knowledge provides comfort that all day-to-day to complex transactions are accounted accurately. Our experts utilize popular Bookkeeping and Accounting Software platforms like QuickBooks, Tally, Xero, Zoho, Odoo etc. to ensure data correctness and faster results.

    The need for bookkeeping and accounting

    Bookkeeping and accounting are, no doubt, tedious processes that are time consuming too. But they are important tasks that need to be up-to-date for the financial health of your organization as well as for the purpose of legal compliance.

    Simply put, bookkeeping is the process of recording financial transactions of a business in an accounting system. It also includes the creation of several reports that may be required from time to time. Accounting may be defined as the process of classification, analysis and interpretation of data.

    The role of accounting companies

    Given the nature of bookkeeping and accounting tasks, they require both skill and experience to be accomplished successfully. Not every business may be able to do the needful despite the best of intentions. For one, they may not have the necessary skills and an in-house, dedicated team may turn out to be too expensive. That is more often the case for startups, which may ultimately land the businesses in a difficult situation. In such a scenario, you can turn to accounting outsourcing companies in Bangalore.

    Accounting outsourcing companies in Bangalore will have all the experience, skill and time to take care of the accounting and bookkeeping of businesses, so that the businesses can focus on their core expertise. Outsource accounting services in Bangalore with their dedicated team of chartered accountants manage to accomplish the necessary tasks quickly and at a fraction of the cost. So, accounting for startups is not only up-to-date but turns out to be economical too.

    Accounting Services Overview

    Outsource accounting services in Bangalore generally offer the following services to their clients:

    • Creation and customization of accounting structure to suit the nature and needs of the businesses
    • Accounts payable management including vendor bills and payments
    • Accounts receivable management including customer invoices and collections
    • Assistance for creditor payments under the complete control of the management
    • Bank and credit card reconciliations
    • Recording and Reconciling Payroll Transactions
    • Statutory compliance
    • Monthly performance report

    Accounting outsourcing companies in Bangalore also specialize in business startup accounting services which makes accounting for start-ups an inexpensive and breezy affair.

    Bookkeeping Service Overview

    Accounting outsourcing companies in Bangalore take care of the following processes in general:

    • Maintaining the chart of accounts
    • Recording account receivables and payables
    • Analyzing account receivables and payable
    • Tracking, recording and analyzing cash inflow and outflow of the business to ensure accuracy
    • Ledger management including expenses ledger, general ledger, and asset ledger
    • Generation of monthly reports and cash flow statements

    In addition, as a part of business startup accounting services, these outsourcing companies may also offer bookkeeping for start-ups.

    How is accounting different from bookkeeping?

    The following table will present the differences clearly

    Bookkeeping Accounting
     Identifying, measuring, and recording, financial transactions   Summarizing, interpreting, and communicating financial transactions classified in the ledger account
     Is a proper and systematic record of all financial transactions   Helps gauge the financial situation in order to communicate to relevant authorities
     It only provides data which is not of much use to the management  Helps in making critical business decisions

    Ensure on-time compliance conveniently and economically with our professional and accurate accounting and bookkeeping services. Get in touch with us to know how we can partner with you and support your business to grow and reach newer heights.

    Our accounting and bookkeeping services include the following:

    • Customisation of Accounting Structure needed for your organisation.
    • Accounts Payable Management (Vendor Bills and Payments)
    • Accounts Receivable Management (Customer Invoices and Collections)
    • Assistance with making payments to creditors while leaving ultimate control with the management
    • Other Ledger Management
    • Bank & Credit Card Reconciliations
    • Electronic Document Management
    • Inventory Management
    • Recording and Reconciling Payroll Transactions
    • Statutory compliance
    • Monthly Performance Report

    Contact us to know more about our bookkeeping and accounting services in Bangalore.

    6 THINGS TO KNOW BEFORE REGISTERING YOUR STARTUP

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    8 BENEFITS OF REGISTERING A LIMITED LIABILITY PARTNERSHIP

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    One Person Company vs Sole Proprietorship Infographic

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    Faq

    What is meant by bookkeeping?

    Bookkeeping is more like an organizational tool to store all the financial records of a business, in one place easily. Bookkeeping and accounting go hand-in-hand and are vital for business analysis and helps professionals access updated, comprehensive transactions.

    Is there any difference between Bookkeeping and accounting?

    Yes. While bookkeeping refers to the process of storing and retrieving valid financial data and business transactions, accounting is the way of summarizing, evaluating, and concluding the same in the form of ledgers.

    How does online Bookkeeping services function?

    Authorized agencies like Nuturelabz function bookkeeping services, through data compilation, income statement preparation, cash and bank statement matching, invoice validation, and more, depending on your professional requirements.

    Do accounting firms in Bangalore also offer investment services?

    Yes. Legalsyne, one of the deemed accounting companies in Bangalore, offers investment services, plus, bank and credit card reconciliations, inventory management, statutory compliance, electronic document management, and more such options.

     

    What are the other services provided by accounting firms?

    Besides accounting and bookkeeping services, the best firms will also provide payroll services, trade licensing services, brand or trademark registration services, OPC registration services, LLP registration & closure services, proprietorship registration services, etc.

    What are the other services provided by accounting firms?

    Besides accounting and bookkeeping services, the best firms will also provide payroll services, trade licensing services, brand or trademark registration services, OPC registration services, LLP registration & closure services, proprietorship registration services, etc.

    Will accounting firms in Bangalore offer retirement planning services too?

    Legalsyne is one of the best accounting services in Bangalore. We deliver the best quality online GST registration services, starting at Rs 1499. Once qualified, you will get the GST acknowledgment registration notification within seven days or so.

    Which agency in Bangalore delivers GST registration services online?

    Legalsyne is one of the best accounting services in Bangalore. We deliver the best quality online GST registration services, starting at Rs 1499. Once qualified, you will get the GST acknowledgment registration notification within seven days or so.

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      Bengaluru
      #179/2, GVR Ikon, 10th A Main Road, Double Road, Indiranagar 2nd Stage, Bengaluru-560038
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      First Floor, Chitteth building, Chalikkavattom Road, Ponnurunni, Vyttila, Cochin,
      Kerala-682019
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      Kerala – 695010
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        #179/2, GVR Ikon, 10th A Main Road, Double Road, Indiranagar 2nd Stage, Bengaluru-560038
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        Legalsyne Headquarters
        #179/2, GVR Ikon, 10th A Main Road, Double Road, Indiranagar 2nd Stage, Bengaluru-560038
        Our locationsWhere to find us?

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        Copyright by Legalsyne . All rights reserved.

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