Get Professional Assistance for Accounting & Payroll Services in India
In today’s times of globalization and technological advancement, the process of doing business has gone through a major transformation. Outsourcing various business processes has become a common norm as more organizations continue to realize its potential. Most of the companies today – large and small alike, are outsourcing accounting and payroll services to better manage their finances as well as time. IMC Group has over 35 years of experience as an accounting and payroll services provider in India. Apart from this, our gamut of services also covers other corporate and registration services in India.
Since there are many types of company registration, let us learn about the minimum requirements for the most common type of company formation in Delhi i.e. private company.
Services Offered by us
Payroll
- Employment Contracts
- Monthly Payroll Processing
- Monthly Calculation, Registration, Payment – Payroll, Income Tax, Social Insurances
- Salary and Compensation Structuring for Domestic and Foreign Employees
- Reconciliation of statutory payments/deductions with books of accounts on a quarterly basis
Accounting
- Managing Accounts Receivables and Payables
- Accounting as per GAAP / IFRS
- Preparation of Balance Sheet, Trial Balance and Profit & Loss Account
- Banking (Indian / International)
- Accounts and Ledger Maintenance
- Cash Flows and Budgeting
- Bank Reconciliations
Want to learn more about expanding with our Accounting & Payroll Services in India?
Advantages of Outsourcing your Accounting & Payroll Services
- Ensures better management of back-office functions and more accurate results as the accounting and payroll services are being handled by qualified professionals. The timely tips and advice related to these functions ensure the business runs smoothly
- It is cost effective as the amount saved on operational costs can be invested in the business growth. When such limited resources are spent wisely, the profitability increases
- Outsourcing these services can prevent possible fraud in payroll or accounting by staff within the organization as the service providers are accountable for every transaction
- Saves processing time as the staff of the organization is not tied to the administration services but can focus on other value-added revenue generating tasks
- Professional service providers can provide timely reports on all possible accounting and payroll related information that can be used as reference before taking any major financial decisions
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