Bookkeeping is a must for every business who wants to succeed financially and do things right. It’s the process of recording financial transactions such as purchases, sales, receipts and payments, either by individuals or organizations. As the bookkeeper records these transactions, the accountant creates reports based on these records, which is used to file forms with the government, or for evaluation and decision-making purposes within the company. Because of this, bookkeeping needs to be done with accuracy, timeliness and efficiency.
With years of experience doing book keeping and general accounting for our clients, BMS Consultancy has developed tools and ways to make this tedious process accurate and efficient.
We can help you save money, scale your finance operation more efficiently and focus on other critical financial management functions.
Given India’s complex and bureaucratic accounting, tax and regulatory environment, businesses face significant challenges in their attempts to establish operations here and then remain compliant. Companies are faced with the difficult task of bringing together a team of experts and coordinating their services, making it a tedious and expensive process while not guaranteeing the elimination of compliance risks.
The service involves helping the clients make necessary periodic income tax, GST and other returns. It also includes helping the client make sound investment decisions and help him avail various rebates and deductions.
The service involves analyzing the cash requirements of the business and making cash forecasts for planning the future.