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, accounts payable and receivable, 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 of TDS returns / GST 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 in 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 professionals for any
    advice.
  • Financial analysis and suggestions 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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