services

 At RTA, we provide the following Business Process Outsourcing services:

1. Bookkeeping and Financial Statement Preparation:
   
   • Utilizing software like Quick Books, Xero, Tally 9 ERP, etc., to handle bookkeeping and prepare financial statements in accordance with applicable laws.

1. Payroll Processing:
   
   • Efficiently managing payroll processing for organizations.

1. Invoicing:
   
   • Handling the invoicing process to ensure accuracy and compliance.

1. Receivable and Payable Accounts Reconciliation:
   
   • Reconciling receivable and payable accounts for financial accuracy.

1. Preparation of Reports for Management Information Systems:
   
   • Generating reports to support management information systems.

1. Filing of Various Tax Returns:
   
   • Filing tax returns under various applicable laws, including TDS, Profession Tax, RBI – F.L.A. (Foreign Liabilities and Asset Returns), etc.

Outsourcing bookkeeping services, also known as accounting services, is an effective way to navigate complex and technical aspects, providing organizations with more time, energy, and cost savings. RTA, a leading Accounting Firm in Pune, assists clients in managing finances and resources efficiently.

In the current globalized and technologically advanced business landscape, outsourcing various processes makes practical business sense. RTA's online bookkeeping services leverage software such as Tally 9ERP, Zohobooks, and Quickbooks to meet client requirements effectively.

Professional Accounting/Bookkeeping Services:

• RTA serves as the Accounting Expert, offering comprehensive financial information summarized for effective communication with business authorities.
• Provides a wide range of finance and accounting outsourcing solutions, including payroll processing, to small or mid-sized organizations across various sectors.
• Furnishes detailed information on overall operations, empowering better decision-making for enhanced efficiency and growth.
• The RTA team delivers all necessary accounting requirements to clients, contributing to their overall development.
• Outsourcing Bookkeeping services has become a global trend, benefiting both service providers and takers. RTA ensures consistency and quality, allowing clients to focus on their core competencies without the burden of tedious processes.
• Outsourcing provides a dedicated team of experts, enabling companies to optimize productivity and profitability by implementing strategic changes. The advantages remain consistent across businesses of all sizes, fostering faster growth, increased efficiency, and improved profitability.

Different Accounting Outsourcing Solutions offered by RTA:

• Design, implementation, and review of accounting manuals.
• Advisory on Indian Accounting Standards issues.
• Payroll Processing.
• Accounting Systems Setup.
• Bank reconciliation and payment processing services.
• Monthly Management Reporting.
• Formulation of accounting systems and procedures.
• Preparation of periodic Financial Statements and Profit and Loss Account analysis.

Payroll Services:

• Monthly payroll statements with payslips.
• Statutory deduction compliance (Provident Fund, Professional Tax, Income Tax, etc.).
• Preparation of Form 16 and filing quarterly e-TDS returns.
• Employee issue resolution and quarterly reconciliation of statutory deductions with account books.

RTA Work Methodology:

• Understand the client's core business and processes.
• Utilize the gained insights to work as strategic business partners, not just external consultants.
• Employ a team of experts to provide valuable insights and discuss various business issues.
• Recommend solutions based on a thorough understanding of the client's operations.
• Provide solutions that clients can easily accept without the need for additional advice from external consultants.

Process:

1. Understanding Client's Requirements:
   
   • RTA initiates with a free consultation conference call to understand the unique requirements of the client.

1. In-Depth Analysis:
   
   • Conducts an in-depth analysis of business issues to recommend transparent solutions with clear service costs.

1. Decision-Making Assistance:
   
   • Assists clients in the decision-making process by providing law extracts and research documents addressing concerns, enabling informed decisions.

1. Detailed Status Reports:
   
   • Provides regular detailed status reports to keep clients informed about the ongoing progress.

1. Professional Ethics:
   
   • Maintains high professional ethics in all work to ensure the delivery of the best-quality services.

1. Commitment to Research:
   
   • Demonstrates continuous commitment to research in all areas of practice, providing comprehensive reports to clients.

1. Building Long-Lasting Relationships:
   
   • Establishes enduring relationships with clients by consistently delivering quality services.

1. Confidentiality and Non-Disclosure:
   
   • Ensures confidentiality of client information at all times, with a signed Non-Disclosure agreement to safeguard data.

Benefits of Business Process Outsourcing:

1. Cost Savings:
   
   • Significantly reduces costs for clients, saving approximately 30%-60% through outsourcing.

1. Accurate Financial Interpretation:
   
   • Presents a true and fair interpretation of the financial position of the company.

1. Informed Decision-Making:
   
   • Enables informed and better decision-making for clients.

1. Accurate Financial Statements:
   
   • Assists in collecting, summarizing, and analyzing financial statements accurately.

1. Optimization of Resources:
   
   • Contributes to optimizing business resources and processes through efficient outsourcing.