US Consulting.

Bookkeeping Services

Our Bookkeeping Services are focused at reducing the finance and accounting costs of our clients by helping them with their management, accounting and tax preparation needs. Our personalized and professional online bookkeeping services cover the entire scope of bookkeeping and customers have the flexibility to choose what they require. We function just as customers’ virtual back office for all their bookkeeping and accounting work right from set-up, support, maintenance and consultancy with accounting. By outsourcing bookkeeping services to India, you can benefit from the cost advantages of customized finance and accounting services. We have proficiency across all the major accounting softwares used in the industry for bookkeeping services, such as QuickBooks, Quicken, Peachtree, Sage Accounting, MYOB, Business Vision, Simply Accounting, SAP and Oracle. We have a dedicated team of well-trained accountants and professionals who can quickly adapt to customers' specified software and processes, and at the same time ensure quick turnaround time and quality standards.

Accounting Bookkeeping Services We Offer

Accounts receivable services
Accounts payable services
Bank account reconciliation
Invoicing Processing Services
Manual Journal Entry Services
VAT returns
Accounting Setup Services
General ledger maintenance
Assets / equipment ledger maintenance
Expenses ledger maintenance
Preparing accounts receivable reports
Preparing accounts payable reports
Preparing ageing reports & summaries
Credit card reconciliation services
Preparing financial statements
Trial balance services
Preparing income statements (Profit & Loss)
Balance sheet services
Preparing sales reports
Preparing purchase reports
Cash flow statement
Entry of transactions
Inventory services
Accounting setup services
Day-to-day bookkeeping and accounting
Books balanced and reconciled quarterly
Management accounts produced quarterly
Annual accounts and tax returns preparation
Submission to Inland Revenue
Submitted to Companies House
Expert tax advice to minimize tax liability
Adjustments to year-end accounts
Storage of documents at our offices

Value-added Bookkeeping Services - Specialized Reporting

Apart from all the standard bookkeeping services, we also offer custom reports that enable customers to better analyze their revenue and expenses. A list of additional services provided is as follows: We offer customized reports that help you analyze your revenue and expenses.
Customer Reports - determine your most profitable and least profitable clients
Employee Reports - analyze employee expenditures with year-end reports
Break-up of Expenses - break down your expenses by category. Whether it's by product line, office or region, this report gives you an efficient analysis of your expenses
Event Analysis - determine your expenditure for individual events

Why US?

We maintain the highest standards of business ethics
Our robust infrastructural set-up and qualified resources ensure uninterrupted services to our customers
We employ only the industry standards-based, best practices and methodologies ensuring the highest quality every time
We are proficient in different types of bookkeeping systems like double-entry bookkeeping
Our services are reasonably priced
Get high-quality services delivered at cost-effective rates
Leverage the expertise of trained resources with years of domain experience
Leverage state-of-the-art technology and infrastructure without having to make additional investments
Avail flexibility to choose the financial software you are currently using in your organization
Get quality services delivered within stringent deadlines
Get tailor-made solutions according to your business needs

Tax Preparation Services

More often than not, the tax filing and income tax returns season is quite nerve-racking for both individual taxpayers as well as businesses. Most businesses fail to realize that having enough time for tax preparation allows them to put their documents in order, and reduce the overall chances of any errors from occurring.
Chandra Wadhwa & Co. offers bespoke tax preparation services for both small and large businesses, and we stringently follow the best preparation process that suits your business, allowing you to benefit from better refunds and smaller tax liabilities.
At Chandra Wadhwa & Co., we have experience in both individual tax preparation services and business tax preparation services. We specialize in minutely examining your balance sheets and interpreting and classifying each item on it for accurate and faster filing of tax returns. We will also classify and interpret P/L items, and interpret the taxability and treatment of various accounts.
Our Tax Preparation Services for Federal and State Tax Returns include -

FEDERAL TAX PREPARATION SERVICES

Individual Income Taxes
'C' Corporation Income Taxes
S' Corporation Income Taxes
Partnership Income Taxes
Fiduciary Income Taxes
Non-Profit Corporation Taxes
Heavy Equipment Use Taxes
Non-Resident Tax Return Preparation
Small Business Tax Return Preparation

STATE TAX RETURN SERVICES

Individual Income Taxes (for all states)
Corporation Income Tax Returns
Partnership Income Tax Returns
Intangible Tax Returns
Tangible Tax Returns
Charter/Franchise Tax Returns
Capital gains taxes
Gift Tax Return Preparation

Our Tax Preparation Process

We have been able to fine tune our tax preparation and processing process to provide the best possible benefits to our clients.
Our streamlined training procedure ensures that our employees are updated with the latest technology, software and workflow processes to enhance on-the-job efficiency for tax processing. We subscribe to online financial journals to stay abreast of the latest trends in global sourcing, Finance and Accounting Outsourcing (FAO), and best practices in global business.
Read our article which lists the important IRS tax refund guidelines which can be used by the tax preparation community to prepare tax refunds.
- Sending Scanned Documents
  It starts with sending us scanned documents. We supply you with our standard format to send the relevant data either in the form of PDF files or through some MS Office tools. Once we receive the files, our trained tax professionals enter the information into the tax software.
- Entry of Tax Return Data and Auditing
  Once relevant data has been entered into the software, the tax return is audited to verify that all the information received has been correctly entered and accounted for.
- Review of Return
  Next, the returns are transmitted to you for review. You'll receive complete returns, including any questions or comments the preparer thought to be necessary. You are free to request as many modifications as you might need.
- Submitting Final Copy of the Tax Returns to the Clients
  Once you review and finalize the tax returns, we update the tax file and send you a final copy for income tax return filing before the due date.

Why US?

Significantly reduced tax preparation costs
Improved speeds and turnaround time
Ability to focus on core tasks
Higher levels of customer satisfaction
Streamlined methodologies
Reduction in the problems and failures
One-stop-shop for all tax accounting services

We believe in working as a partner for its customers, and understanding their business model, work approach, and goals before the commencement of the project to perfectly meet their needs. Our emphasis is in taking proactive action at every stage, so that you get superior results within short timelines.

How about reading an article on ways in which accounting firms in USA can benefit by outsourcing to India.

If you are looking for an outsourcing partner that can help you reach for excellence in your finance and accounting operations, your search ends with Chandra Wadhwa & Co!

Contact us to outsource your requirements for accounting services; our team will be glad to help you achieve your financial goals.