Accounting, Taxation and Statutary Compaliances are one of the biggest challenges faced by Entrepreneurs in their growth journey.
Recruiting and retaining skilled Accountants is a big challenge, especially in the case of Startups and SMEs, in the absence of accounting manual and monitoring and other controls, the change of accounting staff disturbs the functioning of accounts and finance vertical. Further, in-house staff may not be updated with changes in tax and corporate laws, which may lead to non-compliance.
Startup Streets provides a well trained team as per company requirements at its doorsteps or at our office as per the Client’s choice. The work of the team is monitored and supervised by a Chartered Accountant.
Accounts Outsourcing includes
Book Keeping – Day to Day Accounting Data entries in clients’ software
Taxation and Statutory Compliances – Working of all types of Tax statutory liabilities and filing of returns
Management Information Reports – As per Management requirements
Overview of internal controls – suggest changes in the internal control at Macro Level.
Preparation of financial statements as per Companies Act.
Providing information to the Statutory Auditors.
Monthly and Quarterly meet with clients for discussing the reports generated
Coordinating with banks and financial institutions for fundraising.
Coordinating with legal firms for documentations
Data and documents compilations – in case of due diligence, tax representations.
Finalisation of Accounts, Preparation of Financial Statements and Coordinating with the Company Auditors for Statutory and Tax Audits