Accounting

Balance Sheet

The Balance Sheet is a statement that shows the financial position of the business. It records the assets and liabilities of the business at the end of the accounting period after the preparation of trading and profit and loss accounts.

  • The purpose of preparing the Balance Sheet is to provide the company’s financial status at any specific point in time to multiple stakeholders or potential stakeholders (management, shareholders, lenders, creditors). The Balance sheet is of great utility for internal, external, and potential stakeholders/investors.
  • To get loan from banks, other financial institutions or from public it is compulsory to prepare balance sheet so that the lender of money can assess the financial condition of the business firm.

Profit And Loss Account has the following objectives:

  • Profit and Loss Account is a type of financial statement which reflects the outcome of business activities during an accounting period (i.e. Profit or loss). Reported income and expenses are directly related to an organization’s are considered to measure the performance in terms of profit & loss. Objective of Profit & Loss A/c
  • Profit and loss accounting is a financial statement that summarizes all costs, revenue and expenses incurred during the financial period. It is one of the major components of financial statements which every public company issues quarterly or yearly along with other two statements like balance sheet and cash flow statements.

Accounting Services

  • Balance Sheet & Profit Loss Account
  • CA Certification of Balance Sheet (1 Cr and above)
  • CA Certification of Balance Sheet (20 Lacs to 50 Lacs)
  • CA Certification of Balance Sheet (50 Lacs to 75 Lacs)
  • CA Certification of Balance Sheet (75 Lacs to 1 Cr)
  • CA Certification of Balance Sheet (up to 20 Lacs)
  • Monthly – Accounting Package / GST Book keeping / Digital Tax Payment (Up to 50L turnover)
  • Monthly – Accounting Package / GST Book keeping / Digital Tax Payment (Up to 20L turnover)
  • Monthly – Accounting Package / GST Book keeping / Digital Tax Payment (Up to 1 Cr turnover)
  • Yearly – Accounting Package / GST Book keeping / GST Return Filing / Reconciliation / Digital Tax Payment (Up to 1 Cr turnover) Yearly
  • Yearly – Accounting Package / GST Book keeping / GST Return Filing / Reconciliation/ Digital Tax Payment (Up to 50L turnover)
  • Yearly – Accounting Package / GST Book keeping / GST Return Filing/ Reconciliation/Digital Tax Payment (Up to 20L turnover)