Accounting Entries
TDS Compliance
Management Information System (MIS)
Accounting Entries
TDS Compliance
Management Information System (MIS)
Finalization of Accounts
GST Compliance
Income Tax Compliance
HR & Payroll Management
Accounting Supervision
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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.
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)
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
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
Some Important definitions used in Accounting Entries are:
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 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.
The journal, also known as the book of first entry, records transactions in chronological order.
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.
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
Methodology
Accounting Entries are done on cloud based Tally. This ensures the following: