Bookkeeping, Monthly, Quarterly and Yearly Financial Reports:
The success of any business, large or small, is contingent to a great extent on the organization’s ability to prepare and maintain accurate and complete accounting records and to comply with statutory regulations like tax payments and timely filing of returns. Wise Men helps its clients manage their accounts, tax compliances, vendor payments, bank reconciliation, employee reimbursements as well as providing the clients with detailed MIS reports, at regular intervals.
- Accounts Receivable and Accounts Payable
- Preparation, filling of monthly TDS challan and Quarterly TDS Returns
- Preparation and Filing of Monthly/Quarterly GST returns
- Preparation of monthly balance sheet and Profit & Loss Account
- Financial Analysis and Projections
- Ratio Analysis
- Preparation of Quarterly and Yearly Financials
- Issue of form 16 and 16A
Wise Men provides Monthly Reports which are a great tool to facilitate timely decision making by Management regarding current state of business, margins, profitability, AR, AP etc.
- Product/Projects wise reports
- Segment or cost center wise reports
- Profit And Loss by Class, Department, Product and Team
- Revenue Analysis Reports
- Expenses Analysis Reports
Wise Men ensures that our clients get reports and financial information on a regular basis. We help your business stay prepared during the Audit and Tax Season by coordinating and ensuring that the auditor receives all the data required to complete the audit on time.
- Internal Audit
- Statutory Audit
- Tax Audit
Wise Men provides all MIS reports related to AR, AP, statutory payments, payroll reports, P&L, balance sheet, trial balance, etc. on a periodic bases (weekly, monthly, quarterly) according to the client’s business needs.
- Budget vs Actual Profit Report
- Income & Expense Report
- Cost Benefit Analysis
- Profit Margin Analysis
- Cash Flow Analysis
Wise Men maintains books of accounts, helps clients with statutory regulations, tax payments and filing timely returns, ensuring that our clients are in full compliance with the Tax Authorities.
- Calculation and payment of various liabilities like, Income Tax, Advance Tax, TDS, Dividend distribution Tax, etc
- Calculation and payment of GST liabilities and GST return
- Keeping tabs on other statutory liabilities such as PF, ESI, and Professional Tax etc
- Any other Tax liability
Why Wise Men?
Data integrity and Data Security are supreme at Wise Men.
Talented and experienced professionals to provide services.
Client data confidentiality and secrecy is our top priority.