Setting Up of Accounting System !!!


"Life is like accounting, everything must be balanced."

“The word accounting comes from the word accountability. If you are going to be rich, you need to be accountable for your money"


CONTENTS

Introduction

Understanding The Importance

Key Aspects of Accounting

Major Areas of Accounting

a. Accounts Receivable

b. Accounts Payable

c. Treasuries, d. Payroll

e. Inventories, f. Fixed Assets

g. StatutoryCompliances

h. Book Closing & MIS Reporting

Initial Setup Process, Myths of Accounting

"If you’re going to set up an accounting system for the first time then spend some and involve an expert."

Having a robust accounting system in place right from the early stages of the business will help you build a strong foundation for your business. It is vital that you manage your accounting properly. However, it is not necessary to spend a fortune doing it. You can combine an affordable payroll service with a part-time bookkeeper and you’re set.

Keep all business related documents such as bank statements, invoices, bills, receipts, tax papers, as well as legal documents of company safely.

It is important to have a filing system in place, with a separate file for each kind of financial document.

Decide Your Accounting Needs

Hire a Professional

Pick Your Accounting Method- A majority of startups use the cash method for accounting.

Open a Business Bank Account

Record the Transactions

Author's Desk


"Keep this guide as your starting introduction towards starting & managing your business and consult with me for any of your challanges in managing, controlling or growing your business to next level. Keep faith in you & always say that YES, I CAN DO IT."

NeuSource provides ‘ONE STOP SOLUTION’ that helps you to convert the business ideas into successful startup in India and across the board. NeuSource is the centre point for new entrepreneurs to achieve their goals. Here, Team of professionals serves clients towards achieving their aim by providing wide range of services.

Author

CA Hemant Gupta

B.Com., FCA
Start-up Consultant
Book Meeting

“Any time is a good time to start a company.” Neusource indulge in providing business consultancy services which help startups to accomplish their desired results as a TAJ EXPRESS. If you’re passionate about something and you work hard, then neusource is the right choice for you."

Author

Akash Rai

B.Sc, ACS
Business Growth Consultant
Book Meeting

Testimonials


"This e-guide is truly explainig the precise pre-requisites to build our businesses big player, you have really explained the concept well, I'm eagerly waiting fo your next book."

Naresh Garg, SIG Systems Private Limited, New Delhi

"This guide gives clear insight in short & simple way about how we may face various business challenges to grow our business and realize our vision & running our business on auto pilot mode."

Rajeev George, Greves Group, UAE

Feature Presentation



7 Reason Choose Neusource


  • 1. Get access to our dedicated startup consultants team who are ready to answer all your questions for free.

  • 2. Our goal statement your Startup Success Is also make as different from others and offer you advantages on one can.

  • 3. As a client you get a no questions asked money back guarantee.

  • 4. If you take action right now you can get Access ot the special attention to your startup.

  • 5. Our team has a combined experience of more than 10 years so you can be assured you are getting the best support that will help you succeed.

  • 6. We have in depth training system for our team which gives you the same experience in your dellverable.

  • 7. We don’t come cheap, we as a company follow our client services pollcy as a rituals.

Excellent Customer Support


24x7 Support

We are there to serve you, no matter if it is a weekend or working day. At Neusource startup minds india limited we provide 24 X 7 services to our customer. In this fast moving world, customer want fast result and that’s what we does at Neusource. customer can avail the services from any corner of the world, at any point of time from us. We have efficient team to provide 24 X 7 services. People working in our teams have been well trained in their work. They are capable of answering query of the customer and in providing efficient solutions to their problem on time.

Money Back Guarantee

Customer service guarantee are the part of neusource service strategy.You will get more than what you paid for, if we are late at our service or there is any deficiency in promised services. We provide our customer, services equal to full payment if there is any change in his plan.We provide quick respond to issue and quick refund of money if we fail to meet our commitment.

Delivery Time

All our services are time definite. We offer our customer a fast and secure service delivery at fixed scheduled time. At neusource we believe that our customer time is very precious and that's why we adhere to our timelines in delivering any services.Customers can avail our concept of fastrack and specialised services at premium cost with predetermined time.

More From Neusource....


Paid Download


Are You StartUp Entrepreneur ?

Are You Existing Entrepreneur ?

NeuSource Startup Minds India Limited was born from a passion to bring improvement to the Best Startup Consultancy Services. We believe in the simple idea that establishing startups in India should be easy. With over 10, 000 existing clients base and to accomplish our mission we are providing the largest startup consultancy platform with a range of ONE STOP SOLUTION like business services which includes Company Registration process, Business consulting services, Startup registrationlaw, taxation, video editing, web designing, content writing, web development, digital marketing, graphic designing, chartered accountant, and Company Secretary and management consultancy services. Since our beginning, we have helped thousands of startups to start, operate and nurture their business. We being an ISO 9001:2015. certified company, always peruse to deliver innovative startup business solutions and result-oriented counsel to provide the best startup consultancy. Today, our customers range from the largest most recognizable companies in the country to small local consultants. We commenced the business of providing startup consultancy services in 2008 through sole proprietorship M/s NeuSource; growth led us to expand from ourheadquarters in Delhi to include offices in Mumbai, Hyderabad, Bengaluru, Kolkata, Lucknow and many more. Now, these services are being provided by our Company NeuSource Startup Minds India Limited through the country. As one of the top Startup Consultancy Service Provider in India, we have a very strong focus on hiring and retaining the top professionals to drive our different departments. We maintain an environment that nurtures some of the best thinkers in Industry in their respective fields of expertise.