Outsourced Bookkeeping Services in India

  What are Accounts receivable? Account receivable is the money that a company has the authority to receive because the company sold goods and services to customers. Account Payable is liabilities and Account receivables are assets.  Accounts receivables are also known as commercial receivables.  Accounts receivable is a category of transaction dealing with the billing of customers for goods and services. Why Do Businesses Have Accounts Receivable? Most of the companies work by allowing some portion of their sales to be on credit. In case, a business offers this type of credit to many customers who are invoiced sometimes. The praxis makes customers hassle-free of physically making payments for each transaction. Accounts Receivable Advantages Accounts receivable is a critical component of a company's basic analysis. Accounts receivable is a current asset, hence it reflects a company's liquidity, or it's capacity to meet short-term commitments without generating new cash flow

  Mindspace   is a provider of  online accounting services , payroll and tax preparation services. We specialize in servicing CPA firms as well as small, medium and large businesses. We are a true sourced accounting department providing the highest level of accounting and bookkeeping expertise and access to the latest technologies. We believe even routine accounting and bookkeeping functions deserve special treatment. We seek to enhance the business performance of our clients. Our Services: Mindspace is one of India's leading accou nting, fund and bookkeeping outsourcing merchant and give benefits by utilizing very much characterized preparation and innovation requiring little to no effort, top-notch and brisk pivot time. We have been characterizing, planning and conveying a vigorous, versatile and cost-effective esteem including Process Outsourcing Solutions since the year 2007. Our bookkeepers are well equipped to support all aspects of your QuickBooks needs.  We deliver a level

  1. Monthly Bookkeeping Services: This is the clear heading of the books, records, and tax filling of many people and an assortment of organizations. Notwithstanding a month to month count, some accounting administrations will give week by week, quarterly, and yearly breakdowns of consumption and incomes. This point by point examination is to a great degree valuable in getting a monetary outline of your money. 2. Tax Preparation Services: Tax Preparation incorporates dealing with all duty records, structures, and receipts to set up a precise expense form. This also includes utilizing the present assessment year's standards to concoct the most ideal result conceivable. Whether rounding out the short shape or taking into consideration different conclusions, this sort of accounting administration is exceptionally regular and fundamental to complete right. 3. Payroll Bookkeeping Services: Organizations with a few too many representatives can think that it’s difficult to construct a