Accounting For Small Businesses
For Small businesses, hiring a full-time accountant could be a costly affair. Also, having a junior inexperienced accountant comes with a risk of not being compliant with all statutory requirements, finding a replacement in case of resignation of an accountant is a troublesome task. Junior accountant will find it difficult to support on higher end tasks like tax planning, structuring employee pay package, meeting investor requirements, Meeting bank document requirements, input on taxation and other laws etc. A smaller business may not have enough work to keep an accountant engaged full time.
RNK Professional Corporation’s Accounting Services includes Updating of Invoices, Bookkeeping Services, Income Tax Preparation, Loans & Lines Of Credits, Payroll Management Services, Year End Accounting Services. We support accounting on conventional tally accounting software as well as on cloud-based software. We share monthly, quarterly MIS Report with our analysis of such reports. We take care of all the statutory tax compliance as and when due. We share the computation of tax liability in advance for remittance of liability and thereafter complete the filing of tax returns within due dates.