Financial & Accounting

Our Core Specialization in Accounting Services believes in understanding customers' exact needs and developing a customized Accounting Solution that best suits their diverse business needs.

Our Services: -General Accounting and Bookkeeping Services Day-to-day bookkeeping and preparation of monthly/ quarterly accounts. Our experts utilize popular Bookkeeping and Accounting Software platforms like Tally ERP9, QuickBooks, Speed plus ERP, etc. to ensure data correctness and faster results. Preparation of Financial Statements - Preparation of annual accounts for the statutory annual audit.

Includes : Financial Reports | Financial Statement Preparation |Accounts Reconciliation | Financial Budgeting

Preparation of Tax Returns - Preparation of periodic tax, GST and other returns. We also facilitate everything from tax processing and planning to filing, including tax returns preparation, quarterly returns and Annual Returns.

Click an appointment for your Financial accounting

Start Up Advisory

Start-up Advisory is a Management accounting helps you make informed decisions in your business. Every small business needs Management Accounting. Imagine having an accountant with real world experience analyze and “translate” your financial and non-financial data every month so you can make informed business decisions. We work with you on planning, budgeting and forecasting. Each month, we provide you with accurate, up-to-date financial reports. We also meet with you monthly to review the data, flag any areas of concern and discuss improvement strategies to keep you and your business on track.

We recognize every business is different. Our team of experts can customize a package that works for your business. Pick and choose what you need. We build a solution that suits your business.

Services Includes : Setting up Cost Accounting Systems | Calculation of Cost of Goods Manufactured/Sold |Setting up overhead allocation systems |Commercial quotations | Reconciliation between cost and financial profits/Loss Accounts. | Product/Service wise analysis of costs and ascertainment of profitability

Click an appointment for your Start-up Advisory

Bookkeeping Services

Bookkeeping involves the recording of financial transactions and other information related to the business on a day-to-day basis. The most important aspect of bookkeeping is to keep an accurate account of all records and keep them up to date. Accuracy is the most vital part of the bookkeeping process.

Double-entry Bookkeeping

This bookkeeping system refers to a set of rules to record financial information where every transaction must impact at least two different accounts. This is done using debits and credits, and is used as a type of error-detection system. If, at any point the total sum of debits does not equal the sum of credits, an error has occurred somewhere in the records.

Services Include : Setting Up Chart of Accounts | Billing for goods sold or services | Recording receipts from customers | Verifying and recording invoices from suppliers | Paying suppliers | Processing employees' pay and the related governmental reports | Recording depreciation and other adjusting entries | Entering Bank Details | Allocating the account entries | GSTR Monthly Filing | Value-added bookkeeping | Month-end or Year-end closing

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GSTR Filing

India’s biggest indirect tax reform in the form of Goods and Services Tax (GST) has completed 1 year. A comprehensive dual GST was introduced in India from 1 July 2017.Since it is a destination-based tax, every supplier who earns more than 40 Lakhs per annum needs to register under it. The Bill was passed by the Parliament on 8 August 2016. The Central Government enacted four GST bills: State GST (SGST) Bill | Central GST (CGST) Bill | Integrated GST (IGST) Bill | Union Territory GST (UTGST) Bill

Types of GSTR Filing

GSTR-3B Filing - all registered persons have to file monthly returns in Form GSTR-3B (containing a summary of outward and inward supplies).

GSTR-1 Filing - Invoice-wise return of outward supplies needs to be submitted in Form 10th of the succeeding month.

GSTR-2 Filing - The Government has suspended the requirement of filing Form has to be filed by 15th of the following month.

GSTR-3 Filing - populated by from GSTR-1 and GSTR-2 returns forms. | GSTR-4 Filing | GSTR-5 Filing | GSTR-6 Filing | GSTR-7 Filing | GSTR-8 Filing | GSTR-9 Filing - Annual Returns

Cancellation of GST

Section 29(1) of CGST Act 2017 lays down the rules and documents related to cancelling your registration under the GST law. Following are the accepted reasons for cancelling your registration:

• If the business closed down or has been stopped.
• If the market or company was transferred to someone else, then that individual needs to register it under himself or herself.
• If the person is not liable for GST registration due to income being less than the threshold turnover.
• Change in PAN.
• For voluntary registration undertaken even if income was less than the compulsory limit, then cancellation is possible only after a period of one year.

Click an appointment for your GSTR Filling

Taxation services

ITR Filing: Make sure to file your income tax return on or before the due date announced by the Government to avoid penalties.

ITR Filing As per section 139(1) of Income Tax Act, 1961, every person being a company or a firm; HUFs Hindustan Undivided family’s or being a person other than a company or a firm, if his total income is above the maximum amount which is not chargeable to income-tax, he will have to furnish and file a return of his income.

Benefits : Easy loans approvals | To claim TDS refunds | Carry forward of losses | VISA processing | Self employed | Avoid interest on tax liability

Types of ITR Filling :- ITR-1 or SAHAJ: Resident Indian individuals and HUFs | ITR-2: HUFs and individuals | ITR-3: Partner in a firm, HUF, or individuals | ITR-4 or Sugam Firm: HUF, or individual | Form 16: employers to salaried individuals in the country | ITR-5: LLPs or Partnership Firms | ITR-6: Companies | ITR-7: NGO, Trust, Society, Association

Click an appointment for your Taxation Service

Assurance & Audit Services

We give efficient Auditing administrations preparation of draft financial statements as per the Companies Act,2013 to customers in all kind of Business and provide them with the supports and reports needed for the disputes/ litigation. Being one of the leaders in Auditing, Fraud prevention and examination we can help you builds Fraud Prevention System.

Our services include

• Statutory Audit : Provide statutory Auditing Services for Public and Private Companies, Banks, Financial Institutions and for all kind of businesses.
• Internal Audit : Provides full-fledged internal auditing consultation in for all kind of Businesses
• Tax Audit : We assist you to prepare a report in Form 3CA/3CB including annexure in Form 3CD as per Section 44AB of the Income-tax Act
• Process / Transaction : An audit process is a validation of results to decide if the processes, assets, and behaviour that reason they are being managed proficiently and successfully.
• Management Audit : To assess the systems, processes, terms and conditions followed by a management in the administration and the use of resources.
• Investigation : is taken active when a mistake already exists in an organization in order to find out the reason and person involved in it so that responsibility for such lapse could be fixed.
• Stock Audit : The stock audit is completed by checking the current stocks by comparing the previous reports, on behalf of banks.
• Due Diligence : Auditors will help customers by replying to their queries, planning budgetary, follow up legal and accounting audits.

Fraud Examination & Forensic Accounting Service

Fraud examination is the discipline of resolving allegations of fraud right from tips, complaints, or accounting clues. It involves obtaining documentary evidence, interviewing witnesses and potential suspects, writing investigative reports, testifying to findings, and assisting in the general detection and prevention of fraud. Forensic accounting is actually litigation support involving application of accounting principles and theories to facts or hypotheses at issue in a legal dispute and consists of primary functions:

• Litigation advisory services
• Investigative services
• Accountant Malpractice
• Fraud Investigations
• Government Contract Claims
• Insurance Fraud and Claims
• Lost Profit and Claims
• Professional Malpractice Claims
• Cash/Asset Misappropriations
• Fraudulent Transfers
• Healthcare fraud and Claims
• Internal Investigations
• Partnership disputes
• Financial Statement Manipulation
• Asset Reconstruction, Location and Recovery
• Structured Finance Transaction and Expert Testimony

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Auditor Appointment

The Companies Act, 2013 as per section 139(6) the first auditor of the company shall be appointed by the Board within 30 days of Incorporation. It is most important to appoint an Auditor in your organization to maintain your data confidently time to time and avoid penalties .In case of Board’s failure, an EGM (Extra Ordinary General Meeting) shall be called within 90 days to appoint the first auditor. The law is silent regarding from when this time limit of 90 days be reckoned, it is better to take a stricter view and interpret that the 90 days limit starts from Incorporation rather than expiry of 30 days (i.e. failure of Board) from it.

APPOINTMENT OF AUDITOR

Our team of Auditors can be appointed for start-ups, Midsized and all types of Organization as per section 139(6) the first auditor of the company shall be appointed by the Board within 30 days of Incorporation. In case of Board’s failure, an EGM (Extra Ordinary General Meeting) shall be called within 90 days to appoint the first auditor. The law is silent regarding from when this time limit of 90 days be reckoned, it is better to take a stricter view and interpret that the 90 days limit starts from Incorporation rather than expiry of 30 days (i.e. failure of Board) from it.

Tenure : Till conclusion of 1st annual general meeting.

Remuneration : As per provision to section 142(1) remuneration of the first auditor can be decided by the Board.

Intimation to Auditor & ROC : The Company shall inform the auditor regarding appointment and also file a form ADT-1 to ROC within 15 days of the meeting in which the auditor is appointed.

Click an appointment for your Auditor Appointment

Statutory Services

Our Comprehensive range of Statutory Compliance services helps, Our clients to grow and develop their businesses we steam-line their Statutory Compliance over the years. Our aim is to provide a professional, effective solution to all of your needs.

Our Statutory Compliance Services i..e.., PF, ESI, PT, TDS, TCS

• Preparation and maintenance of statutory registers
• Auditing and updating, registration and renewal of license for commercial establishments
• Preparation and filing of returns (monthly / quarterly / half yearly / yearly) and forms, as applicable
• Maintenance of statutory records, registers, formats, etc. prescribed under various acts
• Assistance and support for documentation and application under various acts
• Other related statutory services

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C.S Services

COMPANY SECRETARIAL
We as a Team of experts in Company law and we are to help you. Our team leads the entrepreneurs to run their business in secured way in all aspects. Our Company Secretarial services will provide you from Incorporation to Winding up.

• Shifting of Registered office
• Changes in the Objective of the company
• Amendments to Incorporation Agreements
• Change of Directors/Partners & Additions /Removal
• Increase in Authorized Capital
• Allotment of Shares
• Conversion of Private to Public vice versa
• Conversion of OPC to Private & Public vice versa.
• Mergers, Amalgamations, De mergers.
• Due Diligence Audit
• Company Credit Check Report
• Name Change of Company with Board Meeting & Filing of Name.
• Winding up Company (Closing the Company).
• Changing the name of the company involves alternating process of Memorandum of Association. The memorandum can be altered by way of passing a special resolution as per section 13 of Companies Act, 2013.

Click an appointment for your CS – Company Secretarial Services

Appointing Company Secretary

COMPANY SECRETARY – As Per the Companies Act, a company secretary is defined in the sec 2(1)(c) of the company secretaries Act, 1980, who is appointed by a company to perform the functions of a company secretary under this Act (sec 2(24)) APPOINTMENT, DUTIES, RIGHTS, LIABILITIES, RESTRICTIONS.

Core Duties of the Company Secretary

• Meetings of the Board of Directors
• General Meetings
• Memorandum and Articles of Association
• Requirements of Stock Exchanges
• Statutory Registers
• Statutory Books
• Statutory Returns
• Report and Accounts
• Liability of the Company Secretary
• Registration of shares
• Communications to and from Shareholder
• Issues of Share Capital and Restructuring
• Acquisitions, Disposals, and Mergers
• Corporate Governance
• Common Seal of the Company etc.

Click an appointment for your Appointing CS

Accounting Software Support

Simple way To Handle Billing & inventory Without any Hassel’s.

Complete Business ERP Software. Specialized to manage any trade like Traders, Distributors. Retail Shops, Hotels & Restaurants, Temples & Religious Centres, Dealer, Electronics and Electricals, Mobile Dealers, FMCG etc. Designed to help you eliminate all the complexities in business automation like organizing your Financial Accounts, Powerful Inventory Control, Label Printing, Cheque Printing, Illustrative Log Book, Window Based / DOS Based Printing, With Inventory / Without Inventory Accounting, Multi Currency, User-definable Optional Fields in Masters and Vouchers, Export Facility for each report to MS Word, Excel, PDF, WordPad, HTML, SMS Plug-in, E-Mail, Unlimited Fully Configurable Invoice Formats, Multi Company management, Payroll Management, Intelligent Outstanding Analysis.

Click an appointment for your Accounting Software Support

Project Report

Project Report As per RBI guidelines, data is required for Project Loans, Term Loans and Working Capital Limits. Financing Institutions rely very much on this report and carefully evaluate on project report data for accessing eligibility of funding. Special skills are required for preparation of project report data. Stars Groups expert handles this complex Project Report Data preparation.

Our Project Report Data contains

• Projected Cash Flow Statements
• Balance Sheet Analysis, Current Assets and Liabilities analysis
• Calculation of Maximum Permissible Bank Finance (MPBF), through different methods of calculations
• Calculation of Fixed Asset Coverage Ratio, Debt Service Coverage Ratio (DSCR)
• Analysis of Profitability Ratios, Break-even cost, risk, inventory, growth, Debt and Total Net Worth
• Analysis of many other profitability, liquidity and solvency Ratios Project Reports preparation Project Report, along with other financial data, is required by Banks for funding a New Venture.

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OutSourcing Accounting Service Packages

Our Outsourcing Accounting Service Packages is to improve your accounting system for Start up, Midsize Companies, Proprietorship and Incorporation companies to maintain your data confidentiality with cloud and as well as in offline system long way in assessing & improving the performance of a company as a profitable business on the below aspects, will be immensely resourceful for any growing organization.

Why Us?

• Dedicated Accounts Consultant
  One point of Contact on your day-to-day Accounting Process
• Save Money and Reduce Overheads
• Save time and improve Operations Efficiency
• Access to Expert Accounting Resource
• Handling All your GSTR & Taxation Filing Avoiding Penalties
• Save on Technology Cost
• Always Available, Anytime Anywhere Access to Financial Data
  Our services are offered on the cloud, which means that you'll have 24x7 accesses to your accounts and can be sure of confidentiality.
• Equity Eligibility
  If you're going to raise funding or ask for a loan at a later stage, you would need to provide your books of accounts from the start of operations.
• Review Efficiency
  All businesses make decisions based on financial data as they provide an unbiased account of the efficiency of the business
• Reporting
  The weekly and monthly reports generated by us will make it seem like you have an in-house Accounts Team.

BASIC

Accounting Service are managed by our Expert Support Inclusive with Guidelines on all Government Fee & Taxes.

• Preparation of books of accounts including: Sales Ledger | Purchase Ledger
• General Ledgers such as: Assets | Liabilities | Expenses and Capital
• Petty cash ledgers
• Invoicing & Billing Services
• Monthly bank account reconciliation
• Journal Entries services
• Balance Sheet transactions
• Profit & Loss accounts
• GSTR Monthly Filling
• Updating on GSTR on Vendor Payments
• Accounting Software End-to-End Accounting| GST Ready Report (JSON file) |Direct integration of Bank Transactions| Client Access | Free Mobile App for Clients | Product Upgrades and New Features| Document storage | view anywhere in Globe
• Up to 50 Transactions / month

SILVER

Accounting & Book Keeping Service are managed by our Expert Support Inclusive with Auditor Guidelines on all Government Fee & Taxes. (One Visit a Week to your location)

• Preparation of books of accounts including : Sales Ledger | Purchase Ledger
• General Ledgers such as: Assets | Liabilities | Expenses and Capital
• Petty cash ledgers
• Invoicing & Billing Services
• Monthly bank account reconciliation
• Journal Entries services
• Monthly MIS
• Credit card reconciliations
• Accounting Reports
• Balance Sheet transactions
• Profit & Loss accounts
• GSTR Monthly Filling(Importing to Excel Format)
• Updating on GSTR on Vendor Payments
• Statutory Services – PF / ESI / PT / TDS / TCS
• Guidelines on all Government Fee & Taxes.
• Accounting Software End-to-End Accounting| GST Ready Report(JSON file) |Direct integration of Bank Transactions| Client Access | Free Mobile App for Clients | Product Upgrades and New Features| Document storage | view anywhere in Globe
• Up to 100 Transactions / month

GOLD

Accounting & Book Keeping Service are managed by our Accounting Expert Support Inclusive with Auditor, CA & CS Guidelines on all Government Fee & Taxes. (Two Visit a Week to your location)

• Preparation of books of accounts including : Sales Ledger | Purchase Ledger
• General Ledgers such as: Assets | Liabilities | Expenses and Capital
• Petty cash ledgers
• Invoicing & Billing Services
• Monthly bank account reconciliation
• Journal Entries services
• Monthly MIS
• Credit card reconciliations
• Accounting Reports
• Balance Sheet transactions
• Profit & Loss accounts
• Payroll Services*
• Statutory Compliance – PF / ESI / PT / TDS / TCS
• Guidelines on all Government Fee & Taxes.
• GSTR Monthly Filling(Importing to Excel Format)
• Updating on GSTR on Vendor Payments
• Accounting Software End-to-End Accounting| GST Ready Report(JSON file) |Direct integration of Bank Transactions| Client Access | Free Mobile App for Clients | Product Upgrades and New Features| Document storage| view anywhere in Globe
• Auditor Appointing*
• C.S Services*
• Unlimited Transactions

Click an appointment for your Outsourcing Accounting Service Packages