Book Keeping – Online Service

Bookkeeping deals with all the financial paperwork that takes place at a company- and it is the primary step in the accounting process. Bookkeeping is the documented procedure of categorising and recording financial data in an organized fashion. Bookkeeping is necessary for providing an accurate record of business finances, including the books of accounts. Additionally, bookkeeping plays a vital role in preparing a comprehensive report on the financial dealings of a company at the end of every financial year. Bookkeeping is very helpful for any business and give the data and insight to keep company’s books in order, identify financial transactions and events, and maintain proper records. Bookkeeping involves preparation of necessary reference documents for financial transactions and other business-related activities.

Advantages of Online Bookkeeping

 Provides financial advice
 Online Bookkeeping
 Online accounting services
 Bookkeeping helps in determining the business assessment
 Helps in Maintain proper communication with all investors
 Bookkeeping helps in controlling the cash flows
 It’s also enforces proper tax compliance

Key elements of online bookkeeping include:

 Knowledge of Debit and credit items
 The accounting calculation
 Double-entry system
 Fundamentals of accounting principles
 Journal entry system
 Maintenance of Ledger accounts
 Aids in accurate budgeting
 Saves money on accountant consultation
 Maintains tax readiness
 Helps in Tax Audits
 Keeps records organised
 Makes business goals easier to see
 Ensures compliance with laws and regulations
 Offers additional assurance
 You add items as you go
 Helps in Company audit.

Why Should I Use Finlawcity For Bookkeeping Services?

Finlawcity offers online bookkeeping and accounting services to its clients and keep them informed about costs, overheads, bad debts, and profitability. Bookkeeping is a time-consuming and complex process. It often takes someone hours to get it done, which means it's difficult for businesses to keep up with all the requirements. However, with Finlawcity you'll be able to fulfil your bookkeeping requirements in a timely manner because of the certified professionals we employ. Our services can offer assistance in many aspects of bookkeeping related tasks including documenting financial transactions, advisory on increasing profit, early forecasting of costs and revenue to analyse present financial position etc digitally.

Frequently Asked Questions

What is a Private Limited Company?
Private Limited Company is the most sought form of Company Registration in India. It is the most preferred form of business and regulated by Ministry of Corporate Affairs (MCA) under Companies Act, 2013. A Private Limited Company is a type of business structure registered with MCA to give a separate legal existence to the business different from its directors and shareholders. This means that a company continues to exist even after the death of any member/director in the company.
A minimum of two persons are required to form a Private Limited Company. It is not even important that members should be different from directors. In a company, two persons can act as Members and Directors both at the same time. Members and Shareholders are one in the same. That means an individual may become shareholder and director at the same time.
There is no minimum capital requirement to form a Private Limited Company Registration. Start-ups may choose on their own how much paid-up capital they want to keep during the Company Registration. However, generally one lac capital is kept as per most companies registered.
Name reservation is quite simple and easy to obtain. Our professionals will guide and help you in choosing the best suitable name of your company according to name guidelines of company incorporation and trademark laws.
Director Identification Number (DIN) is a unique number assigned by the MCA to Individuals allowing them to become Director in any Company or Designated Partner in an LLP (In LLP, it is called DPIN). Any natural person above the age of 18 years can become the director in the company after getting DIN. There are no specific regulations provided in terms of citizenship or residency, also a foreign national can become a director.
Digital Signature Certificates (DSC) are the digital equivalent (electronic format) of physical or paper-based certificates. Likewise, a digital certificate can be presented electronically to prove one's identity, to access information or services on the Internet or to sign certain documents digitally. SPICE+ forms are filed for online company registration after affixing the DSC. The subscribers to MOA & AOA shall possess DSC for submitting e-forms for incorporation.
Memorandum of Association (MOA) is a legal document prepared during the registration process of a company to define its relationship with shareholders and contains the main objectives of the company. Articles of Association (AOA) are by-laws of the company and it regulates management of a company and creates certain rights and obligations between the members and the company.
Yes, Startups get benefits of getting themselves registered as a Start-up under DPIIT and avail many benefits launched by the Govt. Corporates recognize Private Limited Company very well and the foremost advantage is of credibility and good reputation of the established business in the eyes of Investors, Incubation Centres, Financial Institutions and Customers at large.
Post incorporation compliances are easy and manageable. Companies Act, 2013 provides a lot of exemptions to private Companies due to which compliances becomes easy and handy. At CCL, Professionals are there to manage each and every compliance of your company. Get in touch with us to know the post incorporation compliance especially commencement of business.
No, With Compliance Calendar LLP, no compliance is complicated. Our team is here to manage each and every thing when it is about managing company compliances.
We are the market experts in registration and compliance of Companies. We can help you with end-to-end services in Private Limited Registration anywhere in India. Company Registration is a legal process and therefore it is prudent to assign the work to a professionally managed firm like CCL.
Not to worry at all! A Professional from our experienced team will resolve all your queries. Our Company Registration Experts will give you the best advice without any consultancy fees.