Outsourcing

RBAhuja > Outsourcinggggg

Compliance Management

  • Compliance services pertaining to timely filing of returns as per various statutes
  • GST Return
  • Income Tax Return
  • TDS Return
  • PF Return
  • ESIC Return
  • PT Return

When you want to go beyond the mentality of just giving out paychecks to your employees, we can bring about new business insights and help you focus on what you do best – running your business.

Our payroll management services allow you to take your human resource management to a higher level.

Payroll is the most daunting task of HR department, which needs to be time bound and accurate.

Employee satisfaction depends on payroll management services as they won’t tolerate the errors in payroll.

Benefits

 

  • Decreased IT infrastructure investment
  • Consolidated, error free reports, and documents with business intelligence
  • Lower risk concerned with compliance and penalties
  • Speedy resolution of employee queries
  • Better resource deployment
  • Maintenance of complete employee payroll life cycle, from joining to relieving

Physical Verification of Stock

In order to ensure that your Books of Accounts show a true picture, physical verification of stock is essential on adequate time intervals.

If stock is incorrectly recorded, verified or evaluated, the resultant profit or loss for the period will also be incorrect which will affect the Balance Sheet, assets and net worth and present a wrong picture

If stock-in-trade is overstated, it may lead to payment of dividends or other expenses based on inflated profits. On the contrary if it is understated, secret reserves will be created which may lead to a fall in share value due to disclosure of low profits

In any organization, goods are easily subject to misappropriation and manipulation

  • examining internal check systems in operation
  • familiarizing with the stock system followed by the organization
  • cross verifying stock sheets with stock registers
  • examining how management controls the receipts and issue of stock
  • cross checking the prices of the stock with the help of catalogues, invoices and price lists
  • checking the totals, balances and extensions of stock sheets
  • observing physical stock taking
  • ensuring that only designated officials are allowd to access the stock records
  • identifying the reasons behind alteration in stock sheets and ensuring the same are attested by designated officials
  • ensuring whether proper cut-off procedures are followed
  • ensuring that old and damaged stock have been excluded and written off
  • minimizes pilferage and fraudulent practices
  • ensures accuracy and usefulness of records
  • identifies areas for more disciplined control
  • backs up the balance sheet stock figures

Fixed Asset Management

  • Reviewing Fixed Assset Register
  • Consolidate physical reports for all sites and assets/inventories
  • Perform reconciliation between physical count and book count
  • Compute differences and identify the reasons
  • Executive Summary (Signed off by designated officials)
  • Provide Physical Verification Report
  • statutory compliance as per CARO 2016
  • ensures existence of assets of an entity
  • facilitates verification and rectification for any accounting discrepancy
  • helps manage internal compliances of the entity
  • critical for continuous customer service

Book Keeping

  • Reviewing Fixed Assset Register
  • Consolidate physical reports for all sites and assets/inventories
  • Perform reconciliation between physical count and book count
  • Compute differences and identify the reasons
  • Executive Summary (Signed off by designated officials)
  • Provide Physical Verification Report
  • statutory compliance as per CARO 2016
  • ensures existence of assets of an entity
  • facilitates verification and rectification for any accounting discrepancy
  • helps manage internal compliances of the entity
  • critical for continuous customer service

Staff Secondment

  • Reviewing Fixed Assset Register
  • Consolidate physical reports for all sites and assets/inventories
  • Perform reconciliation between physical count and book count
  • Compute differences and identify the reasons
  • Executive Summary (Signed off by designated officials)
  • Provide Physical Verification Report
  • statutory compliance as per CARO 2016
  • ensures existence of assets of an entity
  • facilitates verification and rectification for any accounting discrepancy
  • helps manage internal compliances of the entity
  • critical for continuous customer service