5.ACCOUNTING & TAXATION
Accounting is like eyes of a business. Without accounting, No one can run business effectively and profitably. After all that is the only way, anyone can know the true value & result of his effort which he puts in business. Accounting of a construction project is the toughest form of accounting, because it needs not only accounting knowledge but also engineering knowledge. Our Accounting team has vital knowledge of both fields, so you get perfect details of your project.
Our this service has 3 parts:
(A) Accounts & Inventory Maintenance:
Construction Accounting have very different techniques than regular accounting. It tracks not only purchase, sales, receipts, expenses etc., but also royalties, billing, labour records, material quantities & different types of expenses. Simple or regular accounting methods or tricks could not satisfy the requirements of Construction project related information. So we take a step ahead from regular accounting to serve construction companies. We take accounting & inventory data & convert into more reliable & decision oriented reports.
(B) Cost Tracking:
Keeping Construction work in budget is one of the most difficult job on earth, because it has a high degree of uncertainty. Site expenses, materials & labour cost is affected by numerous different things. It's like a bullet, no one can control it after it fired. So we track the cost before it actually occurs.
(C) Tax Calculation:
Generally, it is a most ignored but important subject. Taxes & deductions swallowed most of the profit in a govt contract. Govt. contractors have to most aware on this matter, but unfortunately they don't have any source to know about it before it happened. We inform our clients about their GST, TDS, Labour cess, Royalties, Income tax etc. in advance for better planning it.


