Accounting And Bookkeeping Services

Bookkeeping and Accounting are the essential elements for the smooth working of an organization as they enable us to record every essential and important transaction which takes place in the organization to calculate the costs so spend and the profits so incurred.

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  • Quick
    Turnarounds

  • Value
    For Money

  • Expert
    Professionals

  • Custom
    Fit Solutions

  • Quick
    Turnarounds

  • Value
    For Money

  • Expert
    Professionals

  • Custom
    Fit Solutions

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HOW DOES IT WORK ?

HOW DOES IT WORK ?

Step 1

We collect and verify the supporting documents & forms required for Accounting and Book keeping

01

Step 2

Our Accounting and Book keeping experts draft and prepare the required supporting documents

02

Step 3

We take care of your filing or We take care of your Accounting and Book keeping

03

WHY CHOOSE LEGALO ?

Quick Turnarounds

Have access to a wide range of quality services at reasonable and competitive prices

Value For Money

We understand Time is the most valuable resource and are flexible and responsive to your requirements

Expert Professionals

We cater to a wide range of services across legal, CA, CS and consulting and bring to the table the most relevant and experienced professional to provide the right solution.

Custom Fit Solutions

We provide customized solutions to meet your unique requirements.

FREQUENTLY ASKED QUESTIONS ?

  • Legalo is a platform to help you connect with the best professionals, legal experts & financial experts to deliver efficient and cost-effective solutions to your business and personal needs.
  • Legalo offers a wide range of services from business, Accounting & Tax to Legal Solutions such as business structuring, company registration, Company licensing, intellectual property, trademark, copyrights registration, Patent Filing, GST & TDS registration/ Filing, Accounting Services, Corporate & labour Compliance , Franchising, Business sale & purchase, Personal/Civil/Property / criminal related legal services & more.
  • Legalo Connect you with the best industry experts to deliver efficient and cost effective, tailor-made solutions. We also understand that time is the most valuable resource and we offer solutions with a very quick turnaround time.
  • We offer accounting and bookkeeping services, Payroll Maintenance, TDS/GST Filing, Individual income tax filing.
  • Legalo offers both Labour compliance & Corporate Compliance solutions, Following are the list of labour compliance solutions. a) Provident Fund Registration b) ESI Registration c) Professional tax Registration d) Shops & Establishment LIcense e) Employee Stock option plan
  • Yes, GST applies to all service providers, traders, and manufacturers. It is applicable to dealers, bloggers and content writers, earnings from Google through PayPal, import-export businesses, all types of startups companies and organizations whether they are LLPs, proprietorships, partnerships, or private limited companies. Legalo provides assistance in GST registration, GST Filing & GST advisory Services.
  • A trademark public search is made in the Indian Trademark Registry database. The search determines whether a proposed trademark is available for use in connection with certain goods or services
  • We help create business contracts & other documentation such as Memorandum of understanding, Franchise Agreement, Joint Venture Agreement, Hiring Documentation, Employment Contract, Consultancy Agreement, Freelancer Agreement , including serve legal agreement, Vendor agreements & More.
  • We help draft the following A ) Terms of service & Privacy Policies B) Disclaimers C) Joint Venture Agreements d) Data Protection Regulation Policies e) Non- Disclosure Agreements.

FREQUENTLY ASKED QUESTIONS ?

faq

100% Customer Satisfaction Guarenteed

Legalo is one a best platforms for various taxation and legal services at one place. Very often common people keep searching across for such professional services. Legalo is best option as it provides reliable and professional guidance in timely manner with its professional team. I took TDS filling services and the whole transaction is undergoing very smoothly and at very reasonable fee. No hassling for travelling and follow up particularly in current pandemic period. Well done Legalo team keep up good work. Long way to go.

Abdul Hamid
All The Customers who have availed legalo Services have given positive Testimonials. T&C Apply

LEGAL BITS YOU SHOULD KNOW

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Bookkeeping means maintaining the books of accounts of a company, which include recording the financial transactions that take place in a company to keep a record of all the activities that take place during the working of the company. Accounting on the other hand summarizes, interprets the transactions so recorded. The transactions so recorded must be financial.

For Example: ‘A’ buys goods worth Rs.1000 is a financial transaction. C employs D as a worker in his company; here this transaction does not include any flow of goods or money which makes such a transaction as non-financial.

Importance of Bookkeeping

  1. Helps in maintaining books of accounts
  2. Helps in decision making
  3. Provides information about cash flow
  4. Helps in calculating expenditure and profits

Importance of Accounting

  1. Ensures all statutory compliances of the company
  2. Helps in budgeting
  3. Helps in forecasting
  4. Provides quantitative information to all related and interested parties

Role of Accounting

Important features of Accounting include:

  1. The Statement of Profit and loss ensures the profits or losses incurred by the company.
  2. The Balance Sheet ensures to provide the correct financial position of the company in terms of its assets and liabilities.
  3. The Cash Flow Statement ensures the inflow and outflow of cash in the company.

Bookkeeping process:

The process of bookkeeping includes the following steps:

  1. Identify the nature of the transaction, whether financial or non-financial.
  2. Recording of financial transactions.
  3. Preparation of Ledger Accounts.
  4. Maintain Trial Balance.

Accounting process

The process of accounting further includes a few other steps besides of steps of bookkeeping are as follows:

  1. Preparation of financial statements that are Statement of Profit and Loss Account and Balance Sheet.
  2. Preparation of Cash Flow if any.
  3. Analysis of Financial Statements.

Accounting norms

Companies select methods of accounting between an Accrual basis and Cash basis. According to Accrual basis, a transaction is recorded in books of accounts whether or not cash is received whereas as per Cash basis, a transaction is recorded in the books only when the cash is received.

How can Legalo help you?

Our partners & associates bring years of experience to the table to help you navigate and deliver these works. Our company can customize a program to meet your specific needs and budget. If you need any legal or professional assistance in searching the right trademark for your business, contact us here.

Key updates

Accounting and bookkeeping have been made easier with the introduction of computerized methods or software for performing such functions such as Tally, Fresh Books, Pabbly, Xero, etc This has broadened the scope of bookkeeping and accounting. Bookkeeping and accounting require an accountant for its maintenance. Moreover, these functions facilitate such information for internal and external interested parties.

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