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What is Accounting and Book Keeping?
Why Choose Us for Accounting and Book Keeping?
Online Accounting and Book Keeping Process through Legalhisaab
Accounting and Bookkeeping
What is Accounting and Bookkeeping?
Accounting and bookkeeping are essential financial management processes for any business. While accounting involves recording, classifying, and summarizing financial transactions, bookkeeping refers to the process of maintaining financial records and documents, such as journals, ledgers, and financial statements.
Accounting is a broader term that includes bookkeeping and other financial management activities, such as financial analysis, budgeting, forecasting, and tax planning. The accounting process helps businesses to track their financial performance, make informed business decisions, and comply with legal and regulatory requirements.
Bookkeeping, on the other hand, focuses on recording financial transactions accurately and timely. It involves tasks such as recording sales and expenses, reconciling bank statements, maintaining accounts payable and receivable, and preparing financial reports. Accurate and up-to-date bookkeeping is crucial for businesses to make informed decisions and comply with legal and tax requirements.
On our website, we offer comprehensive accounting and bookkeeping services for businesses of all sizes. Our team of experts ensures that your financial records are accurate, up-to-date, and compliant with legal and regulatory requirements. We use advanced accounting software and tools to streamline the accounting and bookkeeping processes, saving you time and effort. Contact us today to get started with your accounting and bookkeeping requirements.
Why Choose Us for Accounting and Bookkeeping?
At our website, we provide hassle-free and efficient services for Accounting and bookkeeping. Our team of experts ensures that your Accounting and bookkeeping are accurate and on time, so you can focus on your business operations without any worries.
Here are some reasons why you should choose us for Accounting and Bookkeeping:
- Easy and Convenient: Our website provides a simple and user-friendly interface for your Accounting and Bookkeeping. You can upload your details, and we will take care of the rest.
- Expert Assistance: Our team of experts has years of experience in Accounting and Bookkeeping, and they can assist you in case of any queries or issues.
- Timely Filing: We ensure that your returns are filed on time to avoid any penalties or legal issues.
- Affordable Pricing: We offer our services at affordable prices, so you don’t have to break the bank to file your Accounting and Bookkeeping.
- Security and Confidentiality: We take data security and confidentiality seriously, and we ensure that your information is protected at all times.
So, if you’re looking for a reliable and efficient service for Accounting and Bookkeeping, look no further than our website. Contact us today to get started.
Procedure of Online Accounting and Bookkeeping through LegalHisaab
Legalhisaab is the most famous Accounting and Bookkeeping service provider in India. We process Online Accounting and Bookkeeping. Legalhisaab Accound and Bookkeeping experts will assist you in getting the Accounting and Bookkeeping Online and also provide free consultation.
- Get Free Consult with our Experts
- Provide Documents and Details
- Our Exports will process your application
- As soon as we will get your Accounting and Bookkeeping copy, we will send you by E-mail.
Why Choose Us?
Fast & Reliable Services
Expert & Qualified Team
Transparent Professional Fees
24*7 Support Services
Fast Services
100% Online,
Hassle Free Process.
Expert Team
Team of Qualified Professionals.
Transparent Professional Fees
No Hidden Charges.
Fast Support Services
On Call, Whatsapp.
How We Work?
Free Consultation
(1)
Upload Documents
(2)
Online Payment
(3)
Get Your Certificate
(4)
What our Customers say?
Frequently Asked Questions?
Accounting is the process of recording, classifying, and summarizing financial transactions to produce financial statements.
Bookkeeping is the process of recording financial transactions in a systematic and organized manner.
Financial statements are reports that show the financial performance and position of a business. They include the balance sheet, income statement, and cash flow statement.
Cash basis accounting records transactions when cash is received or paid, while accrual basis accounting records transactions when they are incurred or earned, regardless of when cash is exchanged.
Double-entry bookkeeping is a system of accounting where every transaction has equal and opposite effects on at least two accounts.
The purpose of a trial balance is to ensure that the total debits equal the total credits in the accounting system.
An asset is a resource owned by a business that has economic value and can be used to generate revenue. A liability is an obligation that a business owes to others, such as loans or accounts payable.
A chart of accounts is a list of all the accounts used by a business to record its financial transactions.
Depreciation is the systematic allocation of the cost of a fixed asset over its useful life.
The purpose of a balance sheet is to show the financial position of a business at a particular point in time by listing its assets, liabilities, and equity.
The purpose of an income statement is to show the revenue, expenses, and net income or loss of a business over a period of time.
The purpose of a cash flow statement is to show the cash inflows and outflows of a business over a period of time.