It's CORONAVIRUS

  • GST & ROC filing for 3 months @ 50% of the agreed cost
  • Accounting and bookkeeping @ 60% of the agreed cost.
  • Free MIS on Cash Flow
  • Free Advisory on business continuity plan
  • Free business contacts for the next three months.

CONTACT US TODAY

Start With Confidence

CA/CS Assisted | 4.8/5 Rating

We Help You Set Up:

Covid-19 Pandemic

It's CORONAVIRUS

  • GST & ROC filing for 3 months @ 50% of the agreed cost
  • Accounting and bookkeeping @ 60% of the agreed cost.
  • Free MIS on Cash Flow
  • Free Advisory on business continuity plan
  • Free business contacts for the next three months.

Start With Confidence

CA/CS Assisted | 4.8/5 Rating

Covid-19 Pandemic has impacted businesses across the globe, with revenues dropping, static cost, tight cash flows, low employee morale, and many other issues related to business continuity. But, the good part is that it has also allowed businesses to rethink their current business strategies on “Cost,” which is ignored during good times.

We categorize business activities and its costs into the following categories

Core

  • Sales
  • Marketing
  • Operation

Non-Core

  • Finance
  • Accounting
  • Tax and Compliances
  • HR
  • IT

The core activities are part of the organization, and it controls the business.  Non-core are an integral part of the business but mostly comes after the business.  Over the past few decades, large MNC’s have started bifurcating core and non-core activities and moved to a model where an agency or a group of professionals are hired outside the business to manage this.  This process is called “Outsourcing.”  Slowly small and medium companies with turnover ranging from 2 Cr to 200 Cr also started to look for options of moving non-core activities through “Outsourcing.”

Why you consider outsourcing

  • Optimum utilization of resources with quality and manage scalability with business growth
  • Finding the right talent at the right price to manage the function with no business continuity hassles
  • Managing multiple functions with one outsourcing company
  • Not adding IT infrastructure, building, management with business growth
  • Opportunity to engage skillful human resources which otherwise is unaffordable
  • Flexible staffing which is project and activity-based
  • Avoid the hassle of government regulation for engagement of short term resources
  • Better risk management for the work done by competent staff
  • Increase efficiency in house by utilization of resources better
  • Give your business a competitive edge by focusing on core business activities and helped by right outsourcing partners
  • Implement internal best practices and processes
  • Timing arbitrage for foreign companies

Outsourcing

We in CFO Angle Outsourcing services, we help the organization to pick its non-core, repetitive and standard but essential functions like:

  • Bookkeeping
  • Taxation preparation and filing
  • Payroll processing
  • Accounts receivable
  • Accounts payable
  • Fixed asset management
  • Internal Audits
  • HR Management
  • Employee compliances
  • Office administration
  • Procurement

As a specialist and subject matter expert, the CFO Angle team designs solutions based on the business continuity requirement of the client.

CFO Angle’s solutions always work on the following principles

  • Saving cost to the company in the short and long term. Our solutions are mostly 30% less on the cost.
  • Improve efficiency and optimize the cost spent
  • Ensure business continuity
  • Provide a holistic solution and include all services under one roof
  • Provide well-trained and experienced staffs which otherwise tricky to hire
  • Customer-first
  • Out of the way, support.

List of Accounting Services

The activities involved in bookkeeping includes:

In CFO Angle, we manage Outsourced bookkeeping

  • Recording business activities into an accounting transaction
  • Collate, check and prepare transaction documents into supporting voucher
  • Passing, approving and recording relevant accounting entries in the ledger or accounting software’s
  • Payment to suppliers and match the accounts payable and TDS on payments
  • Producing and organizing activities like invoicing, collections, sale and purchase, procurement, salary processing as daily activities
  • Check, prepare and transact employee-related reimbursements
  • Prepare, verify, and accounting of Fixed Asset transactions.

Accounting and Management Information Services (MIS)

  • Produce cash flow position of the organization mostly, weekly, and fortnightly or as it is required.
  • Prepare for monthly closure, including passing journal entries, taking provisions, & bank reconciliation.
  • Produce monthly financial statements, including profit & loss accounts, balance sheet.
  • MIS for the stakeholders to take fast and prompt business decisions.
  • Timely monthly closing of books of accounts and Balance Sheet reconciliation and statements matching
  • Annual closures of books of accounts
  • Passing of relevant year entries
  • Preparing annual books of accounts and keep them auditor ready
  • Attending auditor queries during annual audits

Tax preparation & filing

CFO Angle provides end to end tax Service where our tax accountant and tax advisor help our clients in Bangalore and all India for all tax and related matters.  We ensure:

  • Monthly company & employee income tax and GST tax calculation in line with tax codes
  • Prepare tax challans and make payments on time
  • Prepare monthly reconciliations with accounting books
  • Ensuring monthly, quarterly and annual tax returns
  • Attending tax queries if any on filings

Accounts Receivable Services

In CFO Angle, take outsourcing of accounts receivable services and includes:

  • Maintaining customer masters
  • Invoicing creation (as per contract) and sending it to the customers
  • Data entry and bookkeeping of invoices
  • Check bank statement and pass necessary entries for money received for open invoices
  • Match invoices with the payment received and prepare an outstanding report
  • Calculate Day Sales outsourcing ratio and check the amount outstanding in the market
  • Follow-up with customers on outstanding payment
  • Sending dunning/follow-up letters for delayed payments
  • Sending legal letters for non-recoveries

Payroll Outsourcing

CFO Angle provides online payroll services, payroll service for one employee, payroll outsourcing services in Bangalore, India, and abroad.

Payroll Outsourcing is an activity where payroll outsourcing companies manage end to end payroll requirements of their clients. The process includes:

  • Maintaining and updating employee masters
  • Update salary breakup in line with standard best practices
  • Process employee leaves and maintains a balance as per company policies
  • Process monthly salary payable in line with the structured salary breakup and ensuring tax compliances
  • Ensure employee social security compliances like professional tax, provident funds, employee state insurances are met
  • Calculate net salaries payable to the employee including reconciliation statement with the payable
  • Help the client to transfer the money to employee and match payment vs. calculation reconciliation
  • Ensure monthly, quarterly, and annual employee-related compliances.

Why choose us CFO Angle Outsourced Bookkeeping and Accounting Services?

Our company is founded by Mr. Sachin Gupta, who had been CFO and Finance controller in India and abroad before he started on his own.  His rich experience of 23 years in the field of setting-up accounting processes, internal control and risk-free environment, process mapping, and bringing substantial efficiencies, accounting software implementation, give him an edge over the conventional accounting firms as he can bring his Indian and International experience to your business. He and his team are committed to delivering the solutions which are business-friendly and can be scalable as the business grows.  CFO Angle is one of the fastest-growing Outsourced bookkeeping services in Bangalore.

Covid-19 Offer for the first three months of the contract

  • GST & ROC filing for 3 months @ 50% of the agreed cost
  • Accounting and bookkeeping @ 60% of the agreed cost.
  • Free MIS on Cash Flow
  • Free Advisory on business continuity plan
  • Free business contacts for the next three months.

Note:  The minimum contract period is 12 months.  If a client decides to leave before 12 months free period is not considered.

Introduction of CFO Angle

CFO Angle is an organization represented by Sachin Gupta, who is Chartered Accountant, Cost Accountant, and an IIM B Alumni and brings 20+ years of vibrant & varied experience of working in India & Abroad in a different capacity. He has a team of qualified Chartered Accountants, MBA, Cost Accountant, Company Secretary, Lawyers. He represents companies from the US, Australia, India as an Independent Directors in their India entity.

Phone Number:

+91 98407 77207

Email:

sachin@cfoangle.com

Our Services Include:

  • Bookkeeping Services
  • GST Registration
  • Service Tax & VAT Related Services
  • Tax Accounting Consultant
  • Employees’ State Insurance
  • Employee Provident Fund
  • Shops & Commercial Establishments Act
  • Audits
  • Outsourced Accounting Services
  • LLP Firms Formation & Monthly Compliances
  • Legal Services

Contact info

191, 19th Cross, Sector 1, SLV Complex, 2ndFloor, Opposite Uber, 27th Main, HSR Layout Bengaluru 560102, Karnataka

Copyright 2020. All rights reserved CFO Angle

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