A person who runs business or profession and does daily financial as well as non-financial transactions is obvious wants to gather all the financial details at one place. Accounting makes this thing easy.
PERSON NEEDS TO MAINTAIN BOOKS OF ACCOUNT
For assessees carrying on Business: they need to maintain and keep books of Accounts when:-
For assessees carrying on profession of law, Company Secretary, Accountancy, medicine, architecture etc: they need to maintain and keep books of Accounts when:-
TYPES OF BOOKS OF ACCOUNT TO BE MAINTAINED
Generally the following books of accounts and documents are required to be maintained:-
1) Cash book,
2) Journal, if the accounts are maintained as per mercantile system of accounting,
4) Bank Book
5) Carbon copies of bills, serially numbered and carbon copies or counterfoils of receipts issued in respect of sums exceeding Rs 25,
6) Sales & Purchase Books.
7) Inventory Register
8) Original bills for expenses exceeding Rs. 50 and payment vouchers for petty expenses.
We provide the requisite services for the proper maintenance of books of account with a reasonable cost and within the reasonable time.
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