Maintain My Business
Taxation and auditing play a vital role in maintaining a healthy financial system. Let us keep your finances on track.
Accounting
Safeguard your finances and ensure transparency with CMA Vigneshwaran. Here’s how we can help you,
Bookkeeping in Tally
Streamline your bookkeeping process, save you time, and ensure accuracy with us. We generate reports like Trial Balances and Profit & Loss statements effortlessly.
Accounts Finalization
We check and reconcile the books of accounts to see if they are accurate.Our team follows step by step process to finalize books of account and prepare error-less perfect balance sheets and profit & loss accounts.
Steps for Finalization of Accounts
Step 1: Verification of Opening Balance with Last year’s audited balance sheet
Step 2: Verify Sales & Purchases Register with source documents and Reconcile figures with GST Returns
Step 3: Verify TDS deductions on payment of specified nature payment and paid before due dates.
Step 4: Verify Bank Balance with Bank Statements periodically and prepare BRS on monthly basis.
Step 5: Verify cash transactions, payments, and receipts are both under the limit with no negative cash balance.
Step 6: Compare the expenses ledger with the previous year on the basis of turnover
Step 7: Verify the customer and supplier ledgers and send balance confirmation letters to them.
Step 8: Verify the closing stock value and its ratio.
Step 9: Calculate depreciation on assets on the W.D.V. method and pass Journal entries
Step 10: Calculate interest payable and receivable on loans, and investments and pass journal entries
Step 11 : Make provision for unpaid expenses and provision for pre-paid expenses
Step 12: Make entries for written-off Bad debts.
Step 13: Make provisions for receivable income.
Step 14: Compare the Gross Profit & Net Profit ratio with last year.
Step 15: Net Profit transfer to Proprietor capital account in case of proprietorship concern.
OR Step 15: In case of Partnership ship transfer profit to the partner’s account after interest and remuneration
Monthly/Qrly/Half-yearly/ Annual Reporting
Our experts generate monthly, quarterly, half-yearly, and annual reports for your business.
Income Tax
From filing ITR to advance tax estimation, we can take care of all your income tax filing needs.
Income Tax Filing
From filing ITR to advance tax estimation, we can take care of all your income tax filing needs.
Advance Tax Estimation
Estimate your annual tax liability for smooth payments and avoid penalties with our help. Get our expert guidance for accurate advance tax estimations.
eTDS Payments
Let us assist you in making online TDS payments.
Appeals
Appeal against a direct tax decision with CMA Vigneshwaran.
Employees Tax Filing
We handle employee tax filing, so you don’t have to worry about it! Let our team help you out.
Tax Audit Report Filing
Get expert help to prepare and file accurate tax audit reports, minimizing potential liabilities.
Certifications
We offer guidance on how to get relevant tax certifications for your business.
Costing
From filing ITR to advance tax estimation, we can take care of all your income tax filing needs.
Cost Audit
Ensure the accuracy and efficiency of your costing system through our independent cost audits.
Maintenance of Cost Accounting Records
We help you maintain accurate cost accounting records and ensure data integrity.
Design and Implementation of Costing System
Let us design and implement a costing system that will suit your requirements.
CostAnalysis/Improvement/Reduction
Analyze your expenses and optimize them with our help
Cost Estimation
Our team analyzes your project and estimates the cost accurately
Certifications
We help you get the necessary certifications
Setting Up the Costing Department
Establish a team to manage cost data and analysis with CMA Vigneshwaran.
