Book-keeping and Accounting Services in India

All you need to know.

Every business entity, Start-up or well established, Private Limited Company, LLP, OPC or even proprietorship firm, each kind of business requires to keep a proper track of their financial transactions. This can be done by proper accounting and book keeping services.

What are Accounting and Book Keeping Services?
Accounting is the process where a track of income and expenses is kept. Accounting is done by an Accountant and he is a person who shall offer strategic financial advice as well as he shall be well aware about the company’s financial situation.

While Book-Keeping is the process where the records of financial transactions are kept. Also, preparation of financial statements such as balance sheets and income statements are part of Book-Keeping. It is the responsibility of the Book-Keeper to ensure that the employees are filing invoices and expenses correctly. Also, handling payroll comes under the purview of Book-Keeping services.