Managed Accounting Services
- Bookkeeping & Accounting.
- Accounts Receivable.
- Accounts Payable.
- Reconciliations – GST – TDS – Bank / Cash / Credit card.
- Finalisation of Accounts.
- MIS.
Bookkeeping & Accounting
Our Bookkeeping Outsourcing Services are designed to deliver more value to your firm. Bookkeeping is sometimes regarded as a necessary pain that must be endured to stay in business. We make Bookkeeping and Accounting easy for you. Taking care of simple ledger management to payroll processing, tax preparation, account reconciliation, and cash flow statement production is our responsibility.
Benefits:
- Cost-Saving.
- Eliminate Time and Costs of Hiring Processes.
- Expert Accountants and Bookkeepers.
- Detailed Recording.
- Faster financial analysis.
- Faster business response time.
- Better relationships with banks & investors.
Accounts Receivable
Our team of accounts receivable finance professionals has worked with companies in a variety of sectors and verticals. Our team will handle payment collections, cash receipt collections, invoice data entry, and other support duties through our support functions.
Benefits:
- Streamlines Billing and Payment Processes.
- Reduces Administrative Overhead and Costs.
- Gives you Control.
- Integrated Collection System.
- Improves Customer Interactions.
Accounts Payable
Accounts Payable is a specific account in the general ledger that represents an organisation’s obligation to pay short-term debts to its creditors. It is a strategic process that optimises working capital, enables greater savings for the organisation, and helps improve supplier relationships. While carrying out this process, multiple problems like slow processing, double payments, loss of invoices, etc arise. The Accounts Payable process also costs organisations time and money.
To speed up the AP processing, Laabdhi will be devoted to successfully automating your organisation’s procedures in document management, transaction management, exception resolution, and much more.
Your organisation will have a better grip on working capital and cash flow, establish and maintain good vendor relationships and adhere to ever-changing regulatory standards.
Benefits:
- Invoices will be paid before the due date.
- Access monthly, quarterly, or annual reports.
- Analyse the links between cheques that have been issued and invoices that have been paid.
- Accounts payable expertise while lowering costs.
Reconciliations (GST, TDS, Cash)
Are you struggling to perform your GST, TDS, and cash reconciliation at the end of each month? We’re your best solution.
GST: Through GST Reconciliation taxpayers identify discrepancies between their books of accounts and GST Returns. At Laabdhi, we review your internal financial records and transactions to identify and reconcile any inconsistencies.
TDS: TDS can be tedious and time-consuming if the in house team of an organisation handles it. In some cases, there may be a discrepancy between the TDS shown by the Tax Information Network records and the amount deducted from income. Laabdhi helps organisations reduce mismatches in TDS credits that may lead to significant loss of working capital.
Cash: Cash reconciliation verifies the completeness of a sale or transaction across the organisation’s financial systems. Daily cash reconciliation avoids cash balance errors and keeps accounting records as accurate as possible. It also helps to catch fraudulent activities, if any.
GST, TDS, and Cash reconciliation processes are prone to errors and are time-consuming. Laabdhi assists organisations to maximise efficiency and effectiveness in the reconciliation process. Records need to be stored securely and be available for auditing if required.
Benefits:
- Ensure balance accuracy.
- Speedy rectification of discrepancies.
- Detect missing entries.
Finalisation of Accounts
Finalisation is closing the books of accounts for a specific period, creating a profit and loss statement and balance sheet post the period to determine the operating results. It is an accurate collection, analysis, and presentation of the financial health of an organisation. It doesn’t matter what industry your organisation is into, Laabdhi provides unparalleled account Finalisation Services to free up your senior managers and rather focus on revenue-generating Services.
Benefits:
- Increases the accuracy as well as the effectiveness of the accounts.
- Any innocent mistake can be discovered and could be rectified quickly.
- To determine gross profit and net profit of the business during the year.
- Present the true financial position of the business on a given date.
- To make effective control of financial activities of the business.
Management Information System (MIS)
Organisation financial planning, controlling and operational activities necessitate the support of a Management Information System. MIS in Finance and Accounting helps organisations evaluate “what if” scenarios. Maintaining and managing critical company data becomes easier and facilitates complex decision-making. The use of MIS systems in Finance enables companies to generate multiple financial reports accurately and consistently. Laabdhi provides organisations across India with a one-of-a-kind, tailor -made Management Information System. Our MIS refers to periodic management reporting on business growth, past performance, analysis, and other critical elements specific to an organisation.
Benefits:
- Helps in strategic planning and managing data.
- Problems identification.
- Increases efficiency.
- Comparison of business performance.
- Improves manager’s quality of decisions in alignment with organisational goals.
Why Choose Laabdhi?
Managing a whole organisation is very challenging, and upon that, if you must look after all the accounts and keep track of them, it can make your work even more difficult. Outsource your accounting needs to a Professional Accounting and Bookkeeping service provider like Laabdhi and wave goodbye to all your accounting challenges.
Reasons to count on us:
- Quality Services.
- Timely Delivery.
- Flexible and Customised Service.
Get to know more about our Managed Accounting Services.
Call us at our official number, +91 73045 76634
Mail us at sales.accounts@laabdhi.com
Visit us on our official website www.laabdhi.com
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Clients who trust us
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I am thankful to Laabdhi and team for helping my clients for their IT return. They have immense knowledge of their field & also my clients appreciated the efforts taken by the team. They filed the IT file return within stipulated time frame. I will recommend Laabdhi Outsource India Services Pvt. Ltd. to all the members.
- Life insurance of India Rahul Wagh – LIC Agent
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Firstly, I admire Laabdhi for maintaining consistency in their work culture and approach. The service on the international taxation they have rendered to us is of best quality. For sure, we are looking forward to receiving more services from them. Thank you again.
- Theta Beta Analgorithms Pradeep Behera, - Managing Director
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“Laabdhi has had been integral part of our payroll management team and, always there to support with value added services and deserve to be business associate for any growing company.”
- Leap India PVT. LTD. Francis Fernandes| Head - HR & Admin
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“We had our in-house Accountant resigned on urgent basis. At that time, we had discussion with Laabdhi’s Team whether they would be able to handle and take over accounts of Lifon Industries, they were quick in deploying there team to take the entire handover from my Resigned Accountant and the transition from inhouse Accounting to Outsource Accounting was pretty smoothly handled by Laabdhi. They are consistent in their deliverables and scope of work. By outsourcing my Accounts to Laabdhi, I am able to focus on my core business and operations. I would like to refer Laabdhi to my contact sphere who would require outsourcing their accounts. Once again take this Opportunity to thanks the Entire team of Laabdhi Outsource India Services Pvt. Ltd to support us. “
- Lifon Industries FazleMalak A Amiruddin | Lifon Industries Partner
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“Please note statutory audit for financial year 2019-20 has being completed with satisfactory and no adverse comments in auditor’s report. Financial statements have been digitally signed by both – Roha Asset Managers and Statutory auditor’s – MSKA & Associates. I would like to take this opportunity to thank entire team at Laabdhi for their commendable work in last financial year and during course of audit. I have attached final set of financial statements along with signed audit report shared by auditors for future references. Expecting the same level of co-operation and excellent service delivery in coming future.”
- Roha Asset Managers LLP Rahul Kumar Rai | Head – Operations and Compliance
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“We did not have a monthly MIS. After Laabdhi started doing our Internal Audits and provided us with monthly MIS, we don’t have to wait for the end of the financial year to exactly ascertain the current fiscal’s performance.”
- Taq Collection Taq Collection LLP
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“We have been working with Laabdhi for over 4 years now and are pleased to report that the experience has not only met but exceeded our expectations. Laabdhi was initially appointed to assist with our internal accounting requirements, but over time have illustrated their subject matter expertise professionalism and focus on customer service, resulting in being awarded more and more assignments including statutory audit for income tax purposes as well as VAT/GST audits. The team that has worked with us on a regular basis including the financial accountant, financial accounting expert, senior officer and accounts manager have been very hardworking, diligent, and always willing to go the extra mile. We are pleased to have received consistency and continuity in their services, and when there were some personnel changes required to be made, it was handled in a smooth and hassle-free manner. I would gladly recommend Laabdhi Outsource India Services Pvt. Ltd. to any organisation that requires the services they have to offer.”
- Kumar Gas Services Kumar Gas Services