Accounting Services

Accounting Services

An accounting entry is a formal record that documents a transaction. In most cases, an accounting entry is made using the double entry bookkeeping system, which requires one to make both a debit and credit entry, and which eventually leads to the creation of a complete set of financial statements. An accounting entry can also be made in a single entry accounting system; this system typically tracks only cash receipts and cash disbursements, and shows only those results needed to construct an income statement. *

Complete By* : Year End

Pricing Summary

Traditional CA/CS Price : ₹ Diverse /-

Other Online Price : ₹ Not Available /-

Our Base Price : ₹Price on Request /-

Govt. fees & taxes : ₹As per govt rates /-

You Pay: Price on Request/- all inclusive

Government Fee included in above

You Save : ₹ /-

What do you get?

Accounting Entries

TDS Compliance

Management Information System (MIS)

Finalization of Accounts

GST Compliance

Income Tax Compliance

HR & Payroll Management

Accounting Supervision

Why Should You Choose SeedUp for

Accounting Services ?

SAVINGS

in cost, most economical

FASTEST

completion of assignment

EXPERTISE

experts guide you to bring clarity in your ideas

CALCULATION

Professionally calculated and tallied and verified

HASSLE FREE

No hassle of employees leaving and incomplete work

 

 

Accounting Services 

 

Accounting Entries - An accounting entry is a formal record that documents a transaction. In most cases, an accounting entry is made using the double entry bookkeeping system, which requires one to make both a debit and credit entry, and which eventually leads to the creation of a complete set of financial statements. An accounting entry can also be made in a single entry accounting system; this system typically tracks only cash receipts and cash disbursements, and shows only those results needed to construct an income statement.

Seedup helps you with making entries in Cash Book, Bank Book with Reconciliations, Sales and Purchase Book and Journal Book in a timely manner.

 

 

 

Documents Required

Historical Data, including Annual Reports and Tax returns

Sales Bills

Purchase Bills

Bank Statements

Cash / Bank Voucers

* (All documents in Pdf scanned. Image file in jpeg format)

* (All documents to be Self Attested and signed on each page)

Accounting Services

Accounting Services

An accounting entry is a formal record that documents a transaction. In most cases, an accounting entry is made using the double entry bookkeeping system, which requires one to make both a debit and credit entry, and which eventually leads to the creation

Video Call with Expert

Basic Consultancy on type of company and accounting services required

Collection of necessary information and documents

Recording of transactions and maintenance of books of accounts

Preparation of various reports, and forms

Approval and authentication by client

Filing of forms, as required

Filing of various returns

Important definitions

Accounting Entries

Some Important definitions used in Accounting Entries are:

Cash & Bank Book

A cash book is a financial newspaper which includes all cash receipts and disbursements. A Bank book the depositor's book in which a bank records deposits and withdrawals

Purchase Day book

Purchase day book is a record kept by a business of what it buys on credit each day. All credit purchases of goods are recorded in the purchase book.

Journal Book

The journal, also known as the book of first entry, records transactions in chronological order.

GSTR 1, 3B, 9

GSTR-1 is a sales return that is required to be filed by every GST registered person. Tax payers are to enter details relevant to their sales & outward supplies in the GSTR 1 sales return. GSTR-3B is a monthly self-declaration to be filed by a registered GST dealer along with GSTR 1 and GSTR 2 return forms. It is a simplified return to declare summary GST liabilities for a tax period. GSTR 9 is an annual return to be filed yearly by taxpayers registered under GST.

Scope of Accounting Services

Accounting Entries - An accounting entry is a formal record that documents a transaction. In most cases, an accounting entry is made using the double entry bookkeeping system, which requires one to make both a debit and credit entry, and which eventually leads to the creation of a complete set of financial statements. An accounting entry can also be made in a single entry accounting system; this system typically tracks only cash receipts and cash disbursements, and shows only those results needed to construct an income statement.

 

Seedup helps you with making entries in Cash Book, Bank Book with Reconciliations, Sales and Purchase Book and Journal Book in a timely manner.



 

Contd…

 

GST Compliances

 

GST reconciliation involves matching of sales and purchases data between different returns as well as sales and purchase registers. It is necessary to claim accurate Input Tax Credit (ITC) and avoid GST registration being suspended due to any major mismatches between returns. 

 

Seedup help you to file - GSTR -1, GSTR-3B, GSTR - 9


 

TDS Compliances

 

Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) is one of the essential concepts of the Income Tax Act 1961. Every registered assessee who is liable to deduct TDS or TCS shall collect/deduct tax and the same will be deposited within the prescribed time limit as per the Government.

 

TDS is calculated on the different rates as prescribed by the Act.

 

A TDS Return is a summary of all the transactions related to TDS made during a quarter. TDS Return is a quarterly statement submitted by the deductor to the Income Tax Department. The statement shows a summary of all the entries for TDS collected by the deductor and the TDS paid by the deductor to the Income Tax Authority. 

 

Seedup helps you with all TDS Compliances, Reconciliations and Returns.


 

Company Law Compliances

 

The companies incorporated under the Companies Act, 2013 are mandatory to file various forms, returns and documents with the Registrar of Companies (ROC) in an electronic mode within the prescribed time along with the prescribed fees. Seedup helps you with a complete compliance mechanism ranging from Annual Return Filing, Annual Balance Sheet Filing, Board Meeting Agenda and Notice, Minute of Board Meeting/ AGM, etc.

 

Accounting Supervision

 

Seedup helps you with Accounting Supervision which ensures that all financial and accounting operations within the company’s accounting department run smoothly and as per the legal structure and banking requirements. We review the financial statements to ensure accuracy, and reconcile general ledger accounts. 

 

Management Information System

 

MIS gathers data from multiple systems, analyzes the information, and reports data to aid in management decision-making. Seedup helps you by providing you with Monthly Profit and Loss statements and Balance Sheet along with all reports interconnected, as and when required.

 

We shall take care of the following for you:

 

Accounting Entry

TDS Compliance

HR and Payroll Management

Accounting Supervision

Management Information System

GST Compliance

Company Law Compliance 


 

Benefits and Methodology

 

Benefits 

 

  • Proper Accounting Entries done on time 
  • Taxation done professionally 
  • Monthly reporting 
  • Returns filed on time 
  • Payroll calculated professionally 
  • Saving on Manpower costs 
  • No dependency on manpower leaving jobs 

 

Methodology

 

Accounting Entries are done on cloud based Tally. This ensures the following:


 

  • You can access your accounting data from the comfort of your home 
  • You can upload your Bank statements / important documents through our drive methodology 
  • You can also send us the data through whats app / emails 
  • Reports are shared with you on a monthly / periodical basis 
  • Whenever you want to set up your own team, you will easily find people using tally