The Infotax group is one of the best accounting services provider across the globe. The team comprises professionally qualified experts with hands-on experience in offering a diverse range of services. It includes consultation in bookkeeping, taxation, handling statutory compliances, payroll services, accounting, and preparing balance sheets, financial statements, and cash management. We provide consultancy to new-age startups, SMEs, and large conglomerates. We extend support in day to day management of transactions and accounts.
Preparing Tax Returns
Confused about filing your tax returns without worrying about the mandatory compliances? Don’t fret. We have a team of experts to help you get rid of those tax filing worries. We provide expert assistance in filing timely tax returns without missing any legal compliance.
Choose from our various affordable packages. Our solutions are designed to help in filing tax returns effortlessly, ease the tedious income tax work, and maximize tax advantage by investing in smart tax saving options. Our advanced cloud-based software ensures that you never lose any data, maintain data security, and access your returns and data from anywhere anytime without any issues.
Payroll services
We provide a comprehensive range of payroll services to small & mid-size business segments focused on helping them to achieve their growth objectives faster. Our cloud-based solutions help to improve HR efficiency, enhance employee engagement, manage employee payroll, and create a productive and happy work environment in the organization. The software is customizable, easy to operate, and fully configurable for the smart management of critical payroll functions.
The robust and scalable payroll solutfions by Infotax are critical in managing the complexities of payroll processing ensuring structured governance in the organization. Leave the management of payroll worries on us and focus on your core business operations. When you outsource payroll services to us we make certain that you do not experience any kind of compliance failure and penalties.
Cash handling services
We are India’s leading cash management company offering the best in class cash logistics and management services. Our “Cash in Transit” service displays the best level of efficiency through timely integrated logistic focused on the safe and secure transit and management of currency and valuables to the leading retailers, financial institutions, and bankers to various destinations.
The major services include and are not limited to cash processing, doorstep banking, cash-in-transit, cash vault services, cash handling, cash processing, cash replenishment, and bullion management. Additionally, we also offer the complete hardware and software infrastructure for setting up ATMs across India. Our process includes the assessment of current procedures, analyze the company’s current policies, and ensure the internal control processes are operating at full speed so that there are no glaring risks in the cash management process.
E-Accounting services
We are proficient in providing tailor-made e-accounting services to help businesses achieve their short-term and long-term goals. Our highly qualifies and professional accounting team has international experience offering expert services including bookkeeping, tax consultancy, accounting, archiving, and end-to-end management of the complete accounting services.
We ensure complete confidentiality and round the clock customer service and unburden you with the tedious accounting work so that you can focus on important business functions and leave the rest in the hands of experts.
Preparing financial statements
Financial statements are the formal records of a company’s financial activities providing a sneak peek at the company’s current financial landscape and offering a forecast of the company’s plans. They help to attract investors as well support companies to craft their business strategies.
A different set of financial data is requires to prepare financial statements which include balance sheets, fund flow statements, cash flow statements, income statements, details of shareholder’s equity, etc. At Infotax, we have a highly qualified and experienced team providing premier financial statement preparation services on time. We possess the required technical skills and know-how mandatorily required to prepare financial reports for the evaluation by senior management.
Accounts payable/receivable
We offer seamless management of all the accounts payable and receivables through advanced cloud technology. Our team comprises experienced and certified accountants to guarantee all the bills are paid on time without letting any important detail slip through their observant eyes. Our AP & AR services are divided into two categories.
The Accounts Payable services include invoice management, reporting, recording wherein the Receivable services include banking, debt collections, and reporting. Our robust services provide safe and secure management of confidential data maintain a record of all the financial transactions. The reports of all transactions are generated on a monthly, quarterly, and annual basis which includes the details of payable and receivable accounts. Our accounts receivable tracking services provide 100% accurate tracking of all the income generated by the company.
Trial Balance reconciliation
Infotax offers 3-way reconciliation services including reconciliation of bank balance, book balance, and Escrow balance. Besides, it protects against frauds providing alerts against any irregularities on your trust accounts at the right time .A reconciler is assigned for managing all the activities which include-
- Clearance of outstanding and exception items.
- Preparing the list of all open escrow balances.
- Escrow Trust Accounts with Trial Balances
- Preparing the list of all files with open balances including files having old and negative balances.
We provide comprehensive reconciliation reporting to our clients which include various reports such as:
- Escrow Trial Balance & Reconciliation Summary Report
- Book Adjustments Report
- Book Balance Report
- Statement Proofing Register
- Receipts and Disbursements Report
Preparing balance sheet
A company’s balance sheet showcases its financial position and condition on a particular date. It provides a clear status of assets and liabilities which helps you in filing tax returns or securing business loans for expansion. Preparing a balance sheet is a daunting task and requires expert knowledge.
We have a team of qualified professionals adept at preparing balance sheet that empowers businesses to have a clear view of their assets and liabilities as well as their shareholder equity. Infotax, a leading online finance and tax consultancy company provides top-notch services for both SMEs and large conglomerates to manage their accounting services seamlessly.
Our team of experts comprises industry veterans with hands-on experience in accounting services and legal compliances seamlessly under expert guidance.
