Accounting & Payroll Services 

Outsourcing helps Organisation to focus on their core activities and also achieve high level of compliance. We provide accounting outsourcing services for Tally and Quick Books as well

    Book Keeping Services

    Bookkeeping is the process of recording, in chronological order, daily transactions of a business entity. It forms part of the accounting information system. On the other hand, accounting is an information system– includes process of recording, classifying, summarizing, reporting, analyzing and interpreting the financial condition and performance of a business – in order to communicate it to stakeholders for business decision making.

    Our professional team including CA’s, accountants and administrative staff are capable of handling all your book keeping and accounting processes, from basic AR and AP entry, payment and processing, to the more difficult duties of a CFO.

    We apply stringent data / information security measures for your bookkeeping needs so that you can focus on your core competencies while we manage your bookkeeping activities. We at Tirumalesh & Co realize the importance of being updated with accounting and are here to provide you with internationally accepted accounting & bookkeeping outsourcing services which can be utilized for various internal decision making and reporting purposes. Tirumalesh & Co provides bookkeeping services & accounting services – weekly, monthly, quarterly and annually as per the requirement. Our bookkeeping and accounting services include:

    1. Setting up ‘books of accounts’ in required bookkeeping software / formats
    2. Charting of accounts
    3. Categorization of income and expenses
    4. General Ledger maintenance
    5. Invoicing services
    6. Accounts Receivable services
    7. Accounts Payable services
    8. Preparing ageing reports and summaries
    9. Reconciliation services – Accounts, Bank, Credit Cards
    10. Preparing Financial Statements adhering to Generally Accepted Accounting Principles (GAAP)
    11. Preparing and formatting Income Statement and Balance sheets on a regular basis
    12. Cash Flow management
    13. Payroll reconciliations, Etc.

    Preparation of Financial Statements

    The Financial Statements provide the clear picture of entity’s performance during the period for which the statements are prepared. The Financial Statements should be prepared in compliance with the disclosure requirements as prescribed in the Accounting Standards and the corporate entities are further required to follow the disclosure formats laid down in Schedule 2 and Schedule 3 to the Companies Act 2013.

    Along with accounting services, we also prepare Yearend Financial Statements as per the statutory regulations to provide the books of accounts to the auditor for conducting the audit

      Review of Books of Account

      Detailed Review report on monthly basis regarding financial performance overview, Aging of Accounts receivable, Accounting errors if any, statutory compliance deviations if any like delay payment or non payment of any statutory dues like, PT, PF, ESI, TDS, GST, Advance Tax etc

        Payroll Services

        Payroll outsourcing is the act of delegating payroll administration to third party having expertise in payroll processes.
        Generally companies outsource their payroll functions to cut costs, and to get better services.

        Our dedicated team of proficient professionals, embedded with knack of understanding of methods relating to payroll processing, can impart you with complete full-fledged payroll services for employees and top management.

        We offer a flexible and comprehensive payroll service, which may curtail a significant administrative burden from management, allowing them to pave focus on the core business operations. Using our years of experience, we ensure that salary and tax calculations are done in accordance with the appropriate legislation. Our distinct approach to payroll services is solely focused upon viable planning, a fixate approach and support to the company from start to finish. 

        Need Assistance – Contact Us

        7 + 12 =