Book Keeping needs time and patience. Maintaining the records of all your transactions and ensuring 100% accurate accounting is essential for all business. Best accounting practices gives critical business insights and it’s vital for decision making process.
We at Efficacy – Accounting, not only maintain your books, we provide MIS of Cash Flow, P&L, Balance sheet and Account Receivables status.
We also take care of your monthly tax compliances – GST and TDS return filings.
Why out-source your Accounting?
Accounting is the lifeline for every business. For every business owner, there are many activities to be performed on any given day.
Due to the whirlwind of daily activities, bookkeeping is not in the priority of many business owners. Even if you have your own accounting staff and if she leaves the job in-between the financial year, it becomes more challenging to reconcile the accounts. The urgency to complete the year end return filing, puts pressure on the business owners to post the account entries with-out due diligence. One of the main reasons for the failure of small business is due to non-adherence to accounting practices.
Outsourcing of your bookkeeping to Efficacy Accounting team, will provide the following benefits:
- Saves your Time and Money
- End to end process management: Bookkeeping to Bank reconciliation
- Any time report access and status dashboard
- Dedicated staff and not to worry about your staff leaving the job
- Flexibility to work with different accounting software
- Deploy check points and perform quarterly audit
Monthly MIS Report
- Sales Summary: Customer wise sales report for the month
- Expenses Summary: Monitor and have control on your expenses
- Payables and Receivables: Manage your payables and receivables
- Profit & Loss: Review and take actions based on your monthly P&L
