Accounting Services

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Bookkeeping and Accounting Services​

Spectra provides bookkeeping and accounting services to startups and small & medium enterprises (SMEs) through a team of qualified accounting professionals having core competencies in GL accounting, Invoicing & Sales accounting, Purchase accounting, and finalization of the balance sheet & profit & loss account (p&l account). Our SLA-driven approach, robust accounting SOPs, and technological leverage give us an edge to record financial transactions on a real-time basis.

We provide end-to-end accounting solutions and bookkeeping services through a dedicated accounting team headed by Team Lead (CA) who manages all accounting functions such as invoicing, purchase accounting, AR / AP, and MIS reporting at regular intervals.

 

Broadly our spectrum of bookkeeping services and accounting services includes:

  • GL Accounting & physical records keeping services.
  • Travel & Expense processing / Employee reimbursement processing.
  • Bank Reconciliation and Bank payments through NEFT /RTGS.
  • Accounting reconciliation / vendor reconciliation / customer reconciliation at regular intervals.
  • Analyzing financial statements, revenue expenditure / capital expenditure / overheads.
  • Sales Accounting / Invoicing / billing as per Sales order / purchase order.
  • Purchase accounting / expense accounting / fixed assets accounting.
  • Sales order reconciliation / purchase order reconciliation.
  • Preparation of financial statements on a monthly / quarterly / half-yearly / annual basis.
  • Preparation of balance sheet & profit and loss accounts as per India GAP.
  • TDS reconciliation / GST reconciliation / PF reconciliation etc.
  • Preparing & filing GST returns / TDS returns / TCS returns / PF returns / ESI returns etc.
  • Payroll processing and payroll reconciliation.
 
In the era of technology, many impossible things have now not only become possible but also cost-effective. The costly manpower and investment on infra have made accounting outsourcing a viable and most preferred choice amongst startups. The advantage of accounting sourcing is manifold such as:

 

  • Major cost saving on accounting, compliance, and consulting services.
  • Real-time recording of transaction & MIS reporting at regular intervals.
  • Real-time access of accounting data & access of accounting professional for any
    advice.
  • Financial analysis and suggestion on non-productive expenditure.
  • Help startups to focus on core business activities instead of non-core activities.
  • Full proof redundancy back plans for accounting data.
  • Data security and confidentiality through the signing of the NDA.
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