Accounting and Bookkeeping Services in Bangalore

Account Outsourcing services are always a better option for a business entity. When you hire an employee to handle your accounts, you have to incur expenses like employment taxes and office equipment costs in addition to the salary paid to the employee. However, if you choose to outsource accounting services, you have to pay fees only for the services outsourced, thereby saving on additional costs.

SetMyCompany is one of the leading accounting companies in Bangalore and offer complete financial solutions to small and large businesses. Apart from providing accounting and bookkeeping services, we also offers consultation services to our clients. Be it suggesting tax strategies, helping in filing timely returns or managing and processing payrolls, our professionals are here to offer support services to your business too.

At SetMyCompany, we do 2 types of Bookkeeping namely – Full charge Bookkeeping and After the fact Bookkeeping. The former refers to recording, reconciling, reviewing and interpreting financial data on a daily/weekly basis. The latter refers to maintaining and updating books of accounts on a monthly basis.

When you choose SetMyCompany for your account outsourcing services, you need not worry about set up costs. You only have to pay a fee for the services used. The cost of setting up appropriate accounting software for your business is borne by us.

When you choose SetMyCompany for your account outsourcing services, you need not worry about set up costs. You only have to pay a fee for the services used. The cost of setting up appropriate accounting software for your business is borne by us.

Before you choose the best accounting company in Bangalore, make sure to check for the availability of consultants from the company, as well as its compliance to provide audit and counselling options; either do it through online reviews or from referral ways.

The accounting firm provides various services, including bookkeeping, tax services, auditing, consulting and financial planning.

Yes, filing GST returns are included in accounting services in Bangalore. At SetMyCompany, we maintain financial records and file income tax returns and GST returns.

Most of the accounting services help businesses register for GST registration and file GST returns.

The cost of accounting services for a small business will depend on many variables like company size and lifecycle, number of employees, number of monthly transactions, invoices, bills to pay, how payroll is processed, etc. In addition to these primary activities, the cost depends on your accounting and reporting needs.

Yes, there is a difference between bookkeeping and accounting. While accounting is the process of interpreting, analyzing, reporting and summarizing financial data, bookkeeping is the way of storing and retrieving all the valid financial data and business transactions.

At SetMyCompany, the accounting and bookkeeping services include:

• Financial consultation
• Bookkeeping
• Monthly and annual reporting
• Assistance in drafting invoice format
• Tax advice

Bookkeeping services include recording financial transactions of a business through maintaining records, monitoring transactions and creating financial reports.