Every LLP in India is required to maintain its books of account in accordance with the Generally Accepted Accounting Principles (GAAP) prevalent in India and in conformity with the statutory provisions contained in the Indian Companies Act & Income Tax Act.
It is understood that your LLP would be very keen to maintain error-free accounting records that generate requisite information and meet statutory as well as internal requirements. For assisting the LLP in maintaining accurate books of accounts and to ensure compliance with legal and tax requirements, we will depute an Accountant to update the books and records. The accountant will be supervised by the Manager.
Prepare various vouchers (payment/receipt/journal).
Data entry to update the book of accounts.
Maintaining accounting records and documents in accordance with statutory requirements.
Bank reconciliation statements, liaison with the bank for timely Statements, and advise, withdrawal of cash and follow up regarding remittances and disbursements.
Assistance in Cash flow forecasts
Prepare & maintain fixed asset register to keep track of capital assets owned by the office.
Prepare trial balance and annual accounts at the end year, in accordance with provisions under the LLP Act in the formats prescribed therein.
Assist in preparing detailed periodical reports as required by the Management.
Provide assistance for Statutory Audit.
Prepare monthly reports for MIS (as desired by the management)