Our Services  /  Book Keeping and Accounting Services

Book Keeping and Accounting Services

Professional financial management for the global economy.

Accounts outsourcing means hiring a third-party firm to manage your accounting and financial tasks. For international clients operating in India, our outsourced bookkeeping and accounting services include:

  • Outsourced Bookkeeping in India: Recording day-to-day financial transactions and maintaining accurate books.
  • Financial Reporting: Preparing profit and loss statements, balance sheets, and cash flow reports.
  • Payroll Management: Handling payroll processing, deductions, and filing payroll compliance.
  • Taxation Services: Managing direct and indirect tax filings like Income Tax, GST, and Transfer Pricing.
  • Statutory Compliances: Ensuring adherence to Indian Accounting Standards (Ind-AS), Companies Act, and FEMA guidelines.

By choosing an experienced accounting outsourcing firm in India like Foros Advisors LLP, you benefit from accurate, timely, and cost-effective financial services.

1. Bookkeeping and General Accounting

Accurate bookkeeping and general accounting are fundamental to managing a business’s financial health. Our team of experts handles all bookkeeping tasks, including:

  • Recording day-to-day financial transactions.
  • Maintaining ledgers, journals, and trial balances.
  • Preparing profit and loss statements, balance sheets, and other financial reports.

We ensure that your books are maintained in accordance with Indian Accounting Standards (Ind-AS) and are readily available for audits, financial reviews, and tax filings. Bookkeeping outsourcing to India can significantly improve efficiency and compliance for global businesses.

2. Financial Reporting

Financial reporting is critical for business decision-making, investor relations, and regulatory compliance. We provide customized financial reporting solutions, including:

  • Monthly, quarterly, and annual financial statements.
  • Cash flow analysis and budgeting.
  • Consolidated financial reports for foreign subsidiaries and joint ventures operating in India.

We ensure that all reports are compliant with Indian regulatory standards and International accounting outsourcing, enabling you to have a clear understanding of your business’s financial position.

3. Tax Compliance and Advisory

India’s tax laws, including direct tax (income tax, corporate tax) and indirect tax (GST), can be complex for foreign businesses. We provide comprehensive tax compliance services, ensuring that you meet all filing deadlines and avoid penalties. Our tax services include:

  • Income tax filings: Preparing and filing income tax returns for companies, subsidiaries, and branches operating in India.
  • GST compliance: Registration, filing of returns, and managing input tax credits under GST laws.
  • Withholding tax management: Ensuring compliance with Withholding Tax (TDS) requirements for cross-border transactions.

In addition, we offer tax advisory services helping you structure your operations in a tax-efficient manner and take advantage of CPA outsourcing in India.

4. Payroll Processing and Compliance

Managing payroll can be time-consuming, especially when dealing with statutory compliance requirements such as Employees’ Provident Fund (EPF), Employees’ State Insurance (ESI), and Professional Tax. We provide full payroll outsourcing services, including:

  • Salary computation and payroll processing.
  • Statutory deductions and remittance to regulatory authorities.
  • Filing of payroll-related returns.

By outsourcing payroll processing to us, you can ensure timely payments to employees and full compliance with Indian labour laws.

5. Statutory Compliance

Staying compliant with the Companies Act 2013, FEMA, and other regulatory requirements is essential for foreign businesses in India. We assist with:

  • Filing of statutory returns with the Registrar of Companies (ROC).
  • Secretarial services including the maintenance of statutory registers, minutes of meetings, and filing of annual returns.
  • Advisory on changes in Indian regulations affecting foreign businesses.

6. Audit Support

Our team provides support for internal and statutory audits, ensuring that your financial statements and records are prepared in compliance with audit requirements under Indian laws. We work closely with your auditors to facilitate smooth audits and address any compliance issues that may arise.

7. Customized MIS Reporting

For non-resident businesses and multinational corporations, we offer customized Management Information System (MIS) reports, enabling you to monitor financial performance, cash flow, and profitability across multiple subsidiaries or branches. Our reports are tailored to your specific business needs and are designed to support informed decision-making.

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