ACCOUNTS

With the ever emerging demands of operational and financial reporting becoming more complex, we take a step ahead to assist you with the most accurate and precise financial information presented to third party users. Accounting services are time consuming and require perfection. We at HSACPL offer accounting and tax services for our clients . These services are structured to suit an individual client’s needs and requirements. Some of the accounting services being outsourced are

  • General Accounting and Bookkeeping Services – The service involves preparing and maintaining day-to-day bookkeeping and monthly or quarterly management accounts. These books are prepared as per the best accounting practices.
  • Preparation of Financial Statements – It involves preparing a company’s annual accounts and schedules for the statutory annual audit.
  • Payroll Services – payroll service involves preparing monthly salaries of employees, administering commissions, calculating incentive and bonus payments, monitoring and reimbursing staff expense accounts and calculation of pensions and insurance.
  • Tax planning & Returns – The service involves helping the clients file necessary 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.
  • Creditor Payment – The service involves paying off the creditors at a scheduled time and leaving the ultimate control with the management.
  • Debt Collection – The service involves assisting the client with the recovery of debts. Taking necessary legal action in case of defaulters, if required.
  • Cash Handling and Banking Operations – This involves assisting the client with treasury functions including the operation and monitoring of high interest deposit and current accounts.
  • Cash Forecasting – Cash Forecasting is about the cash requirements of the business and making cash forecasts for planning the future.