Accounting and Bookkeeping

Keep a track of your finances by maintaining Books of Accounts

Accounting and Bookkeeping

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What is Accounting and Bookkeeping?

Regular tracking of business transactions is very necessary. From an income of one rupee to an expense of thousand rupees, recording ensures transparent business operations by tallied account. The accounting and bookkeeping services can help in tracking every single transaction undertaken in past from learned decision of future.

The part of recording the financial affairs of the business is called bookkeeping, whereas accounting is the preparation of financial accounts. Accounting for Small business is mandatory unless it is a Sole proprietorship with certain exceptions. Apart from compulsion, it is better to keep accounts updated with accuracy to avoid financial muddles. Expertise knowledge of accounting is essential even in the case of accounting for small businesses, to ensure the books are maintained as per the accounting standards. Maintenance of accounts is as an essential requirement for a home run business as it is to an industrialist.

Benefits of Accounting and Bookkeeping

Documents required for Accounting and Bookkeeping Services

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Call us at: 1800 313 4151 or Email us: support@legalwiz.in

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Frequently Asked Questions

Availing a trustworthy bookkeeping service ( offline or online) for any business ensures a well-run accounting system which helps you to manage your business.

Many business owners do not have the knowledge, time or ability to accurately perform their bookkeeping duties. Online accounting services will provide you the time required to focus on your businesses operations.

Keeping in-house accounting and bookkeeping services would demand both from the owners – time and efforts. Hence, rather than focusing on such administrative task, it is beneficial to focus on the growth of the business. Also, the in-house accountant would cost considerably higher as compared to the price of getting accounting packages for bookkeeping from LegalWiz.in.

LegalWiz.in provides quarterly services where the accounting is done by the experts in the field. You get trial balance, profit and loss statements, balance sheet and accounts soft copy as a deliverable after opting for our bookkeeping services.

You can also opt for GST Return Filing, TDS Return Filing, Annual Compliance Services for Companies and LLPs, Income Tax Return (ITR) Filing along with accounting and bookkeeping services.

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Call us at: 1800 313 4151 or Email us: support@legalwiz.in

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Accounting and Bookkeeping

Keep a track of your finances by maintaining Books of Accounts
Get Started