CFO Service Packages for micro to small size Firm /Company

Fee Scale: For the Firms / Private Limited Companies

Scope of Services: –Supervision, guidance & engagement services with the finance department to achieve the following objective –

 A. Books of Accounts:

• Completeness of transactions
• Accuracy of numbers
• Adequate information in the accounting system
• Compliance oriented accounting, in terms of income tax, GST, company law and other related regulations
• Accounting Vouchers, Invoices, Receipts, Reconciliation and other records are maintained properly

 B. Financial Control:

·        Review of ledgers such as Employee Ledgers, Supplier Ledgers, Customer Ledgers, Tax
Ledgers, Proprietor / Director Ledgers, Security deposits, Bank Reconciliation,
Bank Guarantees, to identify and initiate actions

·        Report to management, on the GST credit not claimable or not claimed by the company

 C. Statutory Compliance: 

·         Annual Audit by a Chartered Accountant

·       Annual Income Tax Return Filing

·         Tax Audit 

·         TDS deduction on suppliers, TDS Payment, TDS Returns,

·         Employee tax calculations and issuance of Form 16, TDS Returns

·         Applying and checking of GST compliance on Sales invoices, GST Payment, GST monthly Returns

·         Applying and checking of ESI, PF and other compliance.

 D. Advisory:

·         Mild advisory concerning business transactions

·         Discussion regarding tax planning and tax-saving concerning the business of the company.

Staff to be deployed: Experienced Accountant would visit periodically and Senior corporate experienced Chartered Accountant would monitor the Accounts. 

Place of working: Offsite or onsite, as per work requirement.