Knowledge Center
What is Accounting
The basic meaning of “Accounting” is “maintaining financial accounts” per year. Bookkeeping and Accounting can be divided into several fields including financial accounting, managing general accounting,professional accounting, chartered accountant, auditing, tax accounting and cost accounting.
Every business needs to maintain their account every financial year. All organizations are required to present their records to the Income Tax (IT) Department. Keeping up the books in-house positively is a costly issue, and completing it with online measures is much more easy and better way.
Accountants can handle more advanced tasks and they use advanced software to complete their work and maintain records.
This process can be made easy with the help of LegalDocs accounting online service, with us you can handle your accounts with ease.
| Additional Read : | What is Accounting? |
|---|---|
| Financial Accounting | |
| Management Accounting | |
| Basic Accounting Principles |
Why online accounting
1. Keeping up the books in-house positively is a costly issue.
2. completing it with online measures is much more easy and better way.
3. Accountants can handle more advanced tasks and they use advanced software to complete their work and maintain records.
This process can be made easy with the help of LegalDocs accounting online service, with us you can handle your accounts with ease.
| Additional Read : | How to Manage Business Accounting? |
|---|---|
| Top reasons to outsource Accounting? |
Process for Accounting Services Online
Send your accounting book to LegalDocs
We will analyze your book
As soon as the entries are made, the tally sheet will be sent to you for verification.
The balance sheet will be prepared from our side.
As soon as it is completed the finalized copy will be sent to you.
Benefits of Accounting Online
- Cost efficient
Utilizing accounting online solutions will be surely more cost efficient rather than spending a bulk of amount on an accountant. - Less time consuming
The calculation and accounting can be done within the fraction of seconds which can be a better than calculating the accounts manually. - User-friendly
You can make yourself aware of each and everything present in it, you will not find any difficulty while accounting services with LegalDocs. - Statistics
You will be aware of the profits and loss in your business with the help of statistics and analysis done every year. - Works as financial data proof
It can be helpful when you will ready to ask for funds or loan, where you need to provide your accounting procedure in detail.
Current Account Opening
A current account is a type of deposit account that helps the professionals and businessmen to run their business. Businessmen can avail various benefits by Online Current Account such as:
- Unlimited transactions
- Customized features
- Online banking services
Online current account reduces the hassle and provides the benefit to complete the banking process anytime and anywhere.
Are you Ready to Grow your Business?
- Zero Balance Current Account
- In just 5 mins
- Free Current Account Powered by ICICI Bank
