What is Accounting:-

Accounting is the recording of financial transactions plus storing, sorting, retrieving, summarizing, and presenting the information in various reports and analyse. Accounting also entails providing a company's management with the information it needs to keep the business financially healthy.

All businesses are required to maintain books of accounts which are required by the law of the country, various legal and tax compliances require the maintenance of books of accounts. Proper accounting is very essential for the survival and growth of business but maintaining in house books with recruiting staff who are not experts is just like making situation more complex and expensive.

Outsourcing the accounting to experts reduce risk of future losses, help in tax compliances, build the confidence in the investors and prove eligibility for loans in near future.




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