Expert verified PKC is the go-to place for Accounting Outsourcing services in Chennai
Accounting and bookkeeping is one of the key daily tasks of an organisation. Maintaining proper accounts helps you track your financial performance and guide your business growth. Proper maintenance of books is also crucial for statutory and legal compliances. Various tax and legal laws mandated the maintenance of books of accounts.
PKC offers cost-effective accounting solutions in Chennai for early stage businesses
Small and medium enterprises can-not hire a full team of experts due to high costs. Because of high costs in recruiting an experienced accounts manager, they end up recruiting an entry level accountant. But entry level accountants due to lack of experience make many errors leading to the statutory penalties, interests and other costs. Further, you may have to spend more time on accounting instead of focusing on other important business activities.
PKC’s Accounting Services in Chennai is specifically designed to provide affordable accounting and bookkeeping solutions to SMEs. Not only recording each of your financial transactions, our accounting solution also oversees compliance with statutory regulations, and monitors your key financial metrics over time to provide actionable insights to management. We provide financial reports such as Profit and loss statements, cash flows, balance sheet and dashboard of key accounting ratios and metrics relevant to your business.
Key advantages of outsourcing your accounts to PKC
With more than 35+ years of expertise in providing Accounting Services in Chennai, we are able to deliver astounding benefits to our clients by improving their financial performance.
- Accurate & real time accounts
- 100% compliance with all statutory regulations (GST, TDS, Income Tax, Company law etc.)
- 100% Secured data.
- On the go information availability on Mobile
- Our expert team provides key insights into your business.
- Consultation on financial matters, which is backed by facts and figures
- Eliminate the time, money and energy spent on Accounts team management
- Team of professional chartered accountants.
What we cover in our Accounting Outsourcing Services
Our accounting services are comprehensively designed to cover everything you require as a growing business. Our accounting services in Chennai cover below areas
01 Accounting
- Managing the chart of accounts
- Expenses ledger, general ledger, and asset ledger management
- Accounting of Revenue and expenses
- Handling receivables and payables of accounts
- Managing employee expenses and other invoices
- Taking care of fixed assets and related accounting tasks
- Performing bank reconciliation
- Ensuring accuracy of accounts data by performing various internal checks.
02 Statutory Compliances
- GST compliance & Return Filing
- TDS compliance & Return Filing
- Income Tax Compliance
- Company law compliance
- EPF & ESI compliance if applicable
- Analysis and reports on PF, PT, TDS, ESIC, LWF, and other entries on a yearly basis
03 Management Insights
- Profit and Loss Analysis
- Cash flow analysis
- Balance sheet strength analysis
- Accounting Ratios Analysis
- Other Accounting MIS such as debtor aging, month to month expenses etc.
- Data-driven consultation on financial aspects wherever required
Though our accounting service comprehensively covers all the financial aspects of the business, we are flexible to meet the specific needs of clients. You can always ask us to include specific aspects which are not included above.
Frequently Asked Questions
1.How much does it cost?
The pricing is very affordable and value adding to your business growth and journey. Pricing varies depending on the size and nature of business – click here for a quote in 2 hours.
2.Can I outsource accounts in the middle of a year?
Many think that accounts need to be outsourced from the beginning of the year. But that’s not true. Either you are keeping your financial records in excel or through a known accountant or freelancer in accounting software, you can opt for our services at any time. We collect whatever data available with you and rebuild your accounts from the beginning of the year. This ensures your accounts are maintained accurately for the entire year.
3.Can I opt for PKC’s accounts outsourcing without shifting my Statutory Auditor?
Yes, though opting PKC as a statutory auditor provides us additional flexibility to maintain accounts. We can work closely with your statutory auditor to maintain your accounts properly. We provide the data as required by your statutory auditor for a smooth audit process.
4.How can I send you my financial transactions data for accounting?
We give formats for you to maintain your day to day transaction whether it’s through bank or cash. We also give you a mobile app to upload invoices and other documents relating to your day to day transactions. You can see the status of accounting of the same in the mobile app. All of your reports and insights will be delivered to you via app and email. We also send you a tally accounting database periodically to you.
