Most of the small and medium business entrepreneurs are always pre-occupied with handling day to day business challenges, leaving with very less time to maintain record of their finances, invoicing their clients, keep a track on receivables and efficient utilization of funds, so balancing the tasks and organization financial records can be a challenge. Some entrepreneurs attempt to resolve these issues by hiring an inhouse accountant or purchase accounting software which generally proves to be expensive and hence which may compound the problems due to the steep learning curve involved using many of these programs.
Here, CHESSY comes into picture, our outsourcing model offers small and medium business entrepreneurs with personalized bookkeeping, accounting, tax preparation and financial reporting services which intends to manage their books of accounts, further by setting up key performance indicators for business and measure them timely enhances both the top line and bottom line of those business organizations, this ensures that we keep entrepreneurs updated on their business developments and highlight the areas of improvements.
Headed by senior Chartered Accountants, CHESSY has a team of chartered accountants, company secretaries, cost accountant, and MBAs with strong accounting principles to offer bookkeeping and accounting services for CPAs, CAs, Firms and Individuals. Proven process migration procedures allow us to successfully carry out outsourced accounting and bookkeeping activities remotely. The team at CHESSY has considerable hands-on expertise and is conversant with the latest guidelines and pronouncements on IFRS, IAS and regulations issued by Company Law Board.
Bookkeeping and accounting are two functions which are extremely important for every business organization. In layman terms, bookkeeping is responsible for the recording of financial transactions whereas accounting is responsible for interpreting, classifying, analyzing, reporting, and summarizing the financial data.
Advantages of outsourced Book Keeping & Accounting:
Focus on growth of organization
Effective compliance check
Improves data safety and security
On-demand availability of updated reports
Reduction in Overhead Cost
Access to variety of services
Fast decision
Retain projects and clients
Updated with compliance matter
Reaping benefits through updated technology