A company registration, especially Private Limited Company Registration, needs to keep their Accounting and Bookkeeping in perfect shape as Company Registration is valued on basis of their Accounts and Balance Sheet.
Many founders and promoters of Company Registration are aware of the importance of Accounting and Bookkeeping for their Company Registration but because of other immediate pressing issues, are unable to comply with accounting and bookkeeping requirement and as a result suffer when they need more capital to grow their Company Registration.
We, as leading Accounting Service Provider in this article will mention few easy ways through which all founders can keep bookkeeping and accounting of their company registration in proper manner.
Book all the expenses through your Bank Account. Avoid cash transactions as much as possible
Withdraw imprest money for petty expenses once or twice a month
Maintain excel sheet and update all expenses and revenue including GST Option. GST registration has been a great initiative which government has taken and tax structure has been uncomplicated because of the new GST registration Keep a GST Registration expert for GST Return filing and also doing annual ROC compliance is a must. Please note that expense of these services is less than Rs 1500 a month but it goes a long way in ensuring the success of your company registration.