Are you looking for efficient Finance and Accounting Outsourcing Services? Then your search ends here!
When you partner with Azalea Advisors, you get a dedicated team of highly-qualified accounting professionals for various Accounting Outsourcing Services in Pune ready to work for your business.
- Day to day Bookkeeping and Managing books of account
- Cloud-based Accounting platform for managing books of account which allows to access the accounts from anywhere
- Continuity of services and capability to manage the business in case its scale up
- Accounts receivable management
- Accounts payable management
- Periodical MIS Reporting for Management which help them to take quick business decision
- Preparation of Financial Statements
- Assistance in yearly Audit of Financial Statements
If you are preoccupied with running your business and need help to devote more time to supervising your business accounting, our accounting outsourcing services in India can be the ideal solution.
Frequently Asked Questions (FAQs)
Books of accounts are required to be maintained by anyone whose gross receipts
are more than INR 1,50,000 in three preceding years for an existing profession. In
the case of a new job, if the gross receipts are likely to exceed the said
amount, then the rule applies to such professionals too.
Below-mentioned professions are required to maintain books of accounts:
- Engineering
- Medical
- Legal
- Accountancyg
- Architectural
- Interior Decoration
- Technical Consultancy
- Company Secretary
- Film Artist – including an art director, music director, producer, actor, director,
story writer, costume designers, editor, singer, cameraman, dance director,
lyricist and screenplay or dialogue writer. - Authorised Representative – A person representing another person before
a tribunal for a fee or any authority constituted under the law.
However, it
does not include an employee of the person so represented or a person or someone carrying on the profession of accountancy.
For any person freelancing under the above-mentioned professions, if the gross
receipts exceed INR 1,50,000 then these rules apply to them.
Failure to maintain books of accounts as prescribed under the law may result in a penalty of Rs. 25,000. In some other cases, where a person has entered into international transactions and failed to maintain records of the same 2% of the value of every such international transaction may be charged as penalty.
As per Rule 6F, the following specified books of accounts should be maintained properly:
- Cash Book
- Ledgers
- Journal
- Copies of receipts or bills
- In case of a medical professional, daily cash register including details of
patients, fees receipts, services rendered, details of stock of medicines,
drugs, and other consumables used
- Competitive rates
- Reduced dependency on internal resources
- Instant access to our skilled resources
- No administration hassles
- No paperwork
- Enhanced productivity and efficiency
- Boost in revenue
- More time to focus on core business area If you are looking to outsource bookkeeping services in India, try us, and you will not be disappointed.
- Payroll Processing Software: GreytHR, ZingHR, QuickBooks (Intuit) Payroll e
- Bookkeeping Services Software: QuickBooks (Intuit), Zoho, Xero etc.
- Tax Return Processing: Computax
If you use different accounting software, we have a highly-skilled team that can work on the choice of your software and effectively handle your finance and accounting function for you.
Our pricing structure depends on a lot of factors including, but not limited to, the nature of the business, Volute of business transactions and its complexity, the term of the contract, the technology, and so on. To get an exact quote, you may please contact our team, and we would be happy to discuss your requirements with you.
Azalea Advisors has been an invaluable help to my business. They have provided excellent service for the registration of our LLP. We are impressed with their professionalism and diligence in everything they did during the registration process. We look forward to working with you guys in the future.
Neha Makdey
Director – Expert Academic Help Services LLP
Payroll was never a problem when we had about 50 employees. However, when the strength increased to 100+, processing payroll became increasingly difficult to manage in-house. The number of man-hours spent on it was too much then we decided that it was the right time to outsource payroll to expert Payroll management consultancy. The relationship with Azalea Advisors has been excellent. Team Azalea has taken care of our company’s end-to-end payroll right from employee master creation to processing salary. The implementation process was smooth and efficient and they were able to migrate the entire excel data into the application in weeks time. Their account management team and support team are very responsive. I will definitely recommend them for their payroll services. Looking forward for a continued relationship.
Shashi Kumar
CEO – Grand View Research Private Limited
Azalea Advisors is one stop solution to start your Organization right from the incorporation to handling accounting, compliances and filling returns. I am very impressed with their helpful staff and quick response. They are easy and reliable therefore we have given them to take care of our entire financial process. Excellent services! I will surely recommend to everyone – friendly, hassle free and absolutely affordable services for startups.
Bhawna Bhutani
Director – Global Market Insights Research Private Limited
Azalea Advisors has been handling our company’s payroll for more than a year and the overall experience has been more than satisfactory. We save 4 to 5 man-days that can be spent effectively by focusing on our core activities. Their support team and account-management team have been very responsive in handling all our queries.
Charanjeet Singh
Director – Global Market Insights Research Private Limited
Thanks to Azalea Advisors who have helped us in all the formalities while forming the company and made the process very smooth . We received the right kind of co-operation from their team at every step. While they stand out exceptionally in terms of professionalism, Team Azalea is always keen to assist in many other aspects related to business. I personally would recommend them to friends and acquaintances in my circles for their timely assistance, transparency in work, clear and correct information that they provide and their well disposed outlook with each and every client.
Soumya Vilekar
Director – Involute Metal Powder Technologies LLP
