In today's scenario of globalization and technology convergence, the process of doing business has been redefined. Outsourcing various processes makes a lot of business sense. Most businesses and large companies are outsourcing their accounting processes for better management of their finances and time etc. These services are structured to suit an individual client's needs and requirements. Some of the accounting services being outsourced are:
Book keeping and General Accounting ServicesThe service involves preparing and maintaining day-to-day bookkeeping and monthly or quarterly management accounts.
Preparation of Financial Statements
The service involves preparing a company's annual accounts and schedules ready for the statutory annual audit.
Payroll Services The service involves preparing monthly salaries of employees, administering commissions, calculating incentive and bonus payments, and monitoring and reimbursing staff expense accounts. Calculation of pensions and insurance is also done.
Tax planning & Returns The service involves helping the clients make necessary periodic income tax, sales tax and other returns. It also includes helping the client make sound investment decisions and help him avail various rebates and deductions.
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Creditor Payment The service involves paying off the creditors at a chosen time and leaving the ultimate control with the management.
Cash Handling and Banking Operations The service involves assisting the client with treasury functions including the operation and monitoring of high interest deposit and current accounts.
Cash Forecasting
The service involves analyzing the cash requirements of the business and making cash forecasts for planning the future.
Taxation Services:-Outsource
Taxation is a fundamental part of how every country and company operates. Tax policy needs to be shaped and actively managed by governments and corporate alike.
Tenet’s Tax services are designed to reflect the unique needs and objectives of each client, whether we are dealing with the tax aspects of a cross-border acquisition or developing and helping to implement a global transfer pricing strategy. In practical terms, that means TENET works with its clients to assist them in achieving effective tax compliance and managing tax risks, while helping to control costs.
We work hard to build and maintain the trust, respect and confidence not only of our clients and the tax authorities, but also of the communities in which we operate. We believe this commitment plays a major role in Tenet’s regular endorsement as a trusted and valued advisor, as well as respected, responsible employers of choice.
Global specialty services, providing seamless, consistent,high-quality client service worldwide in such areas as
Business Tax Compliance
Human Capital
Indirect Tax,
International Tax Services
Tax Accounting and Risk Advisory Services
Transaction Tax.
Merger & Acquisitions
Tax professionals specializing in Accounting, Law, Economics and other disciplines, focused on the tax advisory and tax compliance needs of your business.
