Your Trusted Partner in Outsourcing: Top Accounting & Bookkeeping Services in Delhi

At BKC, our competency, know-how, experience, and expertise drive us to offer a comprehensive range of outsourcing services. We help our clients manage heavy workloads and ease their burdens, with peace of mind as our primary goal. Our firm is renowned for providing top-tier accounting and bookkeeping services in Delhi.

To support smaller companies, we have bolstered our services in the following areas:

Accounting

We offer accounting services tailored to meet the needs of small businesses and international organizations with subsidiaries in India. Real-time data is crucial for these entities, making accurate and timely accounting essential.

Benefits of outsourcing your accounting needs include:

  • Cost-Saving: Outsourcing is generally more cost-effective than hiring internal staff. It eliminates recruitment and training expenses and relieves you from payroll taxes, salaries, insurance premiums, and time-off costs. Engaging with professional bookkeeping services in Delhi gives you access to a team with diverse skills.
  • Access to Expertise: By outsourcing your accounting, you benefit from the expertise of seasoned professionals. This ensures accuracy in your accounts, timely payroll, and compliance with regulations, minimizing the risk of penalties.
  • Increased Controls & Reduced Fraud: Centralizing accounting functions with a third-party reduces the risk of fraud and enhances internal controls, compared to relying on one or two in-house employees.
  • Operational Flexibility: Outsourcing provides the flexibility to scale operations seamlessly. Unlike in-house accountants, a third-party service can easily adjust to increasing workloads, ensuring your books remain up-to-date.

Payroll

We utilize cloud-based payroll software to streamline interactions between employees and employers, enhancing workplace relations. Employees are provided with login credentials to view/download payslips, submit reimbursement claims, and make investment declarations. We also offer HR documentation services, including the issuance of appointment letters and HR policies.

Components of Salary Structure in India:

  • Basic Salary: A fixed portion forming 35-50% of an employee’s total salary, used to calculate other components and is fully taxable.
  • Allowances: Additional monetary benefits provided to meet various expenditures, such as:
    • Dearness Allowance (DA): Adjusts for inflation.
    • House Rent Allowance (HRA): Contributes towards rent payments.
    • Leave Travel Allowance (LTA): Covers travel expenses during leave.
  • Gratuity: A one-time payment for services rendered, given to employees leaving after a minimum of five years of continuous service.
  • Employee Provident Fund (EPF): A retirement fund with contributions from both the employee and employer, paid out upon retirement or resignation.
  • Perquisites: Extra benefits in cash or kind, such as company cars or rent-free accommodation, which are usually taxable.
  • Variable Pay: Performance-based bonuses or rewards, varying with individual and company performance.

Reporting

We prepare essential reports and presentations for investors and companies, including cash flow statements, profitability statements, and return on investment reports. Shareholders, prospective investors, and lenders rely on these reports to make informed decisions about their investments and funding.

Compliance

At BKC, we have cultivated a work culture that meets the compliance requirements of various business entities, including the preparation and submission of multiple reports and returns to relevant departments.

Why Choose BKC?

  • Experience: Our professionals have extensive audit and accounting experience.
  • Prompt & Affordable Compliance: We ensure timely and cost-effective compliance with internal and statutory requirements.
  • Supreme Professionalism: We are committed to delivering top-notch service and expertise to our clients.

For top-tier accounting and bookkeeping services in Delhi, reach out to us at info@cabhupenderkumar.com. Our team is dedicated to providing exceptional support and solutions tailored to your business needs. Contact us today to experience the finest accounting services in the Delhi.