Accounting & MIS

Compliance Services

Accounting & MIS

Plans

Starter
2999 /Month
Buy Plan

  • Annual Revenue of your Business?
    < = 20,00,000/-
  • No of Years of Formation?
    Less than a Year
  • Is your organisation in Trading, Service or Manufacturing?
    Service
  • Services included
  • Accounting Management
    Posting Outward and Inward Entries, Journal Entries & Audit Adjustment Entries -
  • Preparation of Financials -
  • Support in maintenance of records -
  • Maintenance of BRS -
  • Support to Establish Internal Controls and Practices for better accounting processes -
  • Budget Planning -
  • Compliance Management
    GST Compliance -
  • TDS Compliance -
  • PF Compliance -
  • ESI Compliance -
  • Tax Planning -
  • MIS Support
    Monthly MIS -
  • Quarterly MIS -
  • Half Yearly MIS -
  • Annual MIS -
  • Dedicated Expert (CA) Support -
  • Legal briefs & Regular Consultation -
  • Statutory Audit Support -
  • Liaison and Representation with the Government during Assessment and Scrutiny’s. -

Basic
4999 /Month
Buy Plan

  • Annual Revenue of your Business?
    < = 20,00,000/-
  • No of Years of Formation?
    1-3 Years
  • Is your organisation in Trading, Service or Manufacturing?
    Trading and Service
  • Services included
  • Accounting Management
    Posting Outward and Inward Entries, Journal Entries & Audit Adjustment Entries -
  • Preparation of Financials -
  • Support in maintenance of records -
  • Maintenance of BRS -
  • Support to Establish Internal Controls and Practices for better accounting processes -
  • Budget Planning -
  • Compliance Management
    GST Compliance -
  • TDS Compliance -
  • PF Compliance -
  • ESI Compliance -
  • Tax Planning -
  • MIS Support
    Monthly MIS -
  • Quarterly MIS -
  • Half Yearly MIS -
  • Annual MIS -
  • Dedicated Expert (CA) Support -
  • Legal briefs & Regular Consultation -
  • Statutory Audit Support -
  • Liaison and Representation with the Government during Assessment and Scrutiny’s. -

Premium
7999 /Month
Buy Plan

  • Annual Revenue of your Business?
    20,00,001 to 1,00,00,000
  • No of Years of Formation?
    3-5 Years
  • Is your organisation in Trading, Service or Manufacturing?
    Trading and Service
  • Services included
  • Accounting Management
    Posting Outward and Inward Entries, Journal Entries & Audit Adjustment Entries -
  • Preparation of Financials -
  • Support in maintenance of records -
  • Maintenance of BRS -
  • Support to Establish Internal Controls and Practices for better accounting processes -
  • Budget Planning -
  • Compliance Management
    GST Compliance -
  • TDS Compliance -
  • PF Compliance -
  • ESI Compliance -
  • Tax Planning -
  • MIS Support
    Monthly MIS -
  • Quarterly MIS -
  • Half Yearly MIS -
  • Annual MIS -
  • Dedicated Expert (CA) Support -
  • Legal briefs & Regular Consultation -
  • Statutory Audit Support -
  • Liaison and Representation with the Government during Assessment and Scrutiny’s. -

Exclusive
Contact Us

  • Annual Revenue of your Business?
    Above 1,00,00,000
  • No of Years of Formation?
    5 Years and Above
  • Is your organisation in Trading, Service or Manufacturing?
    Trading and Service
  • Services included
  • Accounting Management
    Posting Outward and Inward Entries, Journal Entries & Audit Adjustment Entries -
  • Preparation of Financials -
  • Support in maintenance of records -
  • Maintenance of BRS -
  • Support to Establish Internal Controls and Practices for better accounting processes -
  • Budget Planning -
  • Compliance Management
    GST Compliance -
  • TDS Compliance -
  • PF Compliance -
  • ESI Compliance -
  • Tax Planning -
  • MIS Support
    Monthly MIS -
  • Quarterly MIS -
  • Half Yearly MIS -
  • Annual MIS -
  • Dedicated Expert (CA) Support -
  • Legal briefs & Regular Consultation -
  • Statutory Audit Support -
  • Liaison and Representation with the Government during Assessment and Scrutiny’s. -

About Accounting and MIS

In today’s competitive and rapidly evolving environment, timely and accurate information is very essential for any organization’s growth. The success of any business model depends upon taking the right decision at the right time. Keeping this in mind, it is more than essential that key players get the right information at the right time so that timely action can be taken before business problems become complex.

SetmyBiz offers the best Accounting and Reporting Services in India that help its clients in giving timely and accurate information on the financial health of the company in the form of timely and systematic MIS reports with detailed analyses and suggestive actions that can be implemented. This process is called MIS (Management Information System) report generation which helps our clients gain a competitive advantage in the present market.  Due to a strong and effective MIS and Reporting process, companies will be able to identify their strengths and weaknesses and focus on improving them in the long run.

We choose the right accounting software that will help the management to work on their performance and enforce the power of decision-making. We also provide customized MIS reports in accordance with the needs of internal and external stakeholders of the company. SetmyBiz is one of the leading accounting and MIS outsourcing leaders in India with services like incorporating the accounting set-up, making master ledgers with codes, timely accounting on a regular basis that includes month-end accruals, tax entries, provisions besides the regular Income/expense booking.  We take full responsibility to make the accounting data ready to support your business with the regular Statutory compliances like GST, TDS, PF & ESI, etc. We also offer valuable insights for your business operations which would add value in managing your business in a more cost-effective and efficient manner.

Highlights of Pitch Deck

Increased Efficiency

Not having an effective, functional MIS leaves business owners guessing what’s happening in the organization. MIS reports are helpful because entrepreneurs can easily evaluate various aspects of a company’s performance focusing on its strengths and weaknesses.

Enhanced Decision Making

When business owners and employees communicate to share information, there is better decision-making between them to identify problem areas and find solutions. This availability of information reduces uncertainty and lets the business owner make strong decisions based on reliable data.

Competitive Advantage

MIS reports help in running a more productive and capable business by reducing and eliminating weaknesses and non-performing areas thereby increasing a company’s competitive advantage over its rivals.

Applicability
  • All Organisations and Start Ups who wants to have experts manage their accounts and concentrate on their business instead of worrying on the book keeping and accounting works.
Frequently Asked Questions

What is Book keeping?

Bookkeeping is maintaining Books of accounts and it starts with the recording of financial transactions including purchases, sales, receipts, and payments registers and maintaining & reconciliations ledger balances and closing of accounts by preparing Trail balance, Profit & Loss Account & Balance sheet for a particular period of time.

What are books of accounts?

Books of accounts includes

  • Day book
  • Sales Register
  • Purchase register
  • Journal Register
  • Cash/Bank book with Payment & Receipts vouchers, & Reconciliations.

What type of information is to be maintained by the customer for book-keeping?

The Client has to maintain the Daily financial transactions through vouchers or any other electronic manner.

What are different types of accounting software available?

We have different software available in the market and broadly converted into two types

  1. Server Based Software (Examples:- Tally, Tailormade ERP’s)
  2. Cloud based platforms. (Examples:- Zoho, Quickbooks, Wave)

What are monthly deliverables?

Book-keeping generally delivers Monthly Bank Reconciliations, Profit & Loss Statement, Balance sheet, Cash flow statement & notes forming part thereof.

What are financial statements?

It includes Balance sheet, Profit & Loss Statement, Cash flow statement, Schedules forming part of financial statements including Notes & Sub notes & Accounting Policies.

Where does the book of accounts to be maintained?

It should be maintained at the registered office of the business either physically or electronically.

Can the Books of accounts be maintained electronically?

Yes, Books of accounts can be electronically maintained, but should be available at the registered office of the Business.

What is MIS?

MIS is the Management Information system, comprises of several reports helping the Management to evaluate the daily activities, make decisions and implement business decisions.

Does MIS is a part of book-keeping?

MIS is the extension of Book-keeping where any information in the Books of accounts is customized and presented in a report format for the Management decision Making.

What are the advantages for outsourcing Book-keeping?

Outsourcing will enable local business the access to the experts in the area of accounting for accurate & timely transmission of information to regulatory authorities to avoid unnecessary defaults & penalties under various statutes.

What does ERP mean in Book-keeping?

Accounting ERP is a single platform serving all the accounting needs of any business organization.

Who are mandated to maintain books of accounts, As per Income tax Act, 1961?

Section 44AA read along with Rule 6F of the Income Tax Act, mandates certain kinds of persons to maintain books of accounts.

Who are mandated to maintain books of accounts, As per Companies Act 2013?

All companies registered under the companies act 2013 are required to maintain Books of accounts, and present Audited Financial statements to the shareholders annually before the AGM.

Does Book-keeping have to be done on real-time basis?

It depends on the frequency of the use of Financial information by different stakeholders. Real time recording of financial transactions will help the organization for smooth & timely flow of information between the stakeholders.

Who can access books of accounts of a company?

All the directors can access the Books of Accounts with proper notice in advance.

Can Books of accounts be maintained retrospectively?

Yes, the Books of accounts can be made for previous years/periods as per the management requisition.

Can a business be managed without Books of accounts?

Each and every organization has to maintain books of accounts to record, analyze, set goals & review the financial status of the organization.