At S M Kataria & Co, Chartered Accountants, our Outsourced Services are designed to provide businesses with expert support in key operational areas, enhancing efficiency and allowing you to focus on core activities. We offer a comprehensive range of outsourced services tailored to meet your specific needs.

a) Accounting & Book-Keeping: Accurate and Efficient Financial Record-Keeping

Our accounting and book-keeping services ensure that your financial records are maintained accurately and efficiently. Our services include:

• Day-to-Day Book-Keeping: Recording all financial transactions, including sales, purchases, receipts, and payments, to maintain accurate books of accounts.

• Account Reconciliation: Regular reconciliation of bank statements, accounts receivable, and accounts payable to ensure the accuracy of financial records.
• Financial Statement Preparation: Preparing monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow statements.
• Expense Tracking: Monitoring and categorizing business expenses to support effective budgeting and financial management.

b) Payroll: Streamlined Payroll Management

Our payroll services manage the entire payroll process to ensure timely and accurate payment to employees. Our services include:

• Payroll Processing: Calculating wages, salaries, bonuses, and deductions, and processing payroll in compliance with applicable laws and regulations.
• Tax Compliance: Managing payroll tax withholdings, filings, and payments to ensure compliance with local and national tax regulations.
• Benefits Administration: Administering employee benefits, including health insurance, retirement plans, and other perks, and ensuring accurate deductions and contributions.
• Payroll Reporting: Providing detailed payroll reports for financial analysis and compliance purposes.

c) Withholding Taxes: Accurate Management of Tax Withholdings

We handle the calculation, reporting, and remittance of withholding taxes to ensure compliance with tax regulations. Our services include:

• Tax Withholding Calculations: Determining and applying the correct withholding tax rates for employees, contractors, and other payees.
• Tax Filing and Remittance: Filing withholding tax returns and remitting payments to tax authorities on behalf of your organization.
• Compliance Monitoring: Keeping track of changes in tax laws and regulations to ensure ongoing compliance and timely adjustments.

d) MIS Reporting: Insightful Management Information Systems Reporting

Our Management Information Systems (MIS) reporting services provide valuable insights for decision-making. Our services include:

• Customized Reporting: Developing and delivering customized reports tailored to your specific business needs, including financial performance, operational metrics, and strategic indicators.
• Data Analysis: Analysing data to identify trends, opportunities, and areas for improvement, supporting strategic planning and operational efficiency.
• Regular Reporting: Providing regular updates and reports to keep management informed about key performance indicators and business performance.

e) Regulatory Reporting & Filing of Returns: Ensuring Compliance with Regulatory Requirements

We manage all aspects of regulatory reporting and the filing of returns to ensure compliance with legal and regulatory requirements. Our services include:

• Regulatory Filings: Preparing and filing required reports and returns with relevant authorities, including tax authorities, corporate regulators, and industry bodies.
• Compliance Tracking: Monitoring compliance deadlines and requirements to ensure timely and accurate submissions.
• Document Management: Maintaining records of all filings and correspondence with regulatory authorities for audit and compliance purposes.

f) Pre-Audit & Compliance Checks: Preparing for Audits and Ensuring Compliance

Our pre-audit and compliance checks help ensure that your organization is well-prepared for audits and meets regulatory requirements. Our services include:

• Pre-Audit Reviews: Conducting internal reviews and assessments to identify potential issues and ensure readiness for external audits.
• Compliance Assessments: Evaluating compliance with internal policies, regulatory requirements, and industry standards.
• Remediation Support: Providing recommendations and support to address any identified issues and enhance overall compliance.

g) CFO Services: Strategic Financial Leadership and Management

Our CFO services offer strategic financial leadership and management support to help guide your business. Our services include:

• Financial Strategy Development: Assisting in the development and execution of financial strategies aligned with your business goals and objectives.
• Financial Planning and Analysis: Conducting financial planning, forecasting, and analysis to support decision-making and strategic planning.
• Cash Flow Management: Managing cash flow to ensure liquidity and financial stability, including budgeting and forecasting.

Financial Reporting: Overseeing the preparation and presentation of financial reports to stakeholders, including investors, board members, and regulatory authorities.