Information

Accounting is the process of storing, sorting and recording financial transactions.

We offer cost-effective and hassle-free financial accounting solutions for all fiscal needs of your business. Our financial accounting services are as good as employing a full team of seasoned in-house financial accounting experts without actually hiring them. They take time to understand precise accounting needs of your business, and plan desired procedures to seamlessly take care of all your financial accounting.

A book keeper handles the day-to-day task of recording financial transactions, including purchases, receipts, sales and payments which is necessary for all businesses to ensure accurate operational / financial information. Maintaining the books in-house certainly is a tedious and possibly expensive affair, but getting it done would significantly reduce pains in complying with the requirements. Many small businesses do not have fully fledged accounting departments and require external bookkeeping services. CoKaCo can provide your business with bookkeeping services through a network of Accounts Experts.

Our Services :-

  • Maintaining books of accounts including purchases, receipts, sales and payments.
  • Reconciliation of Bank Statements
  • Preparation of Financial Statement (Profit and Loss, Balance sheet, Cash Flow Statements, etc.)
  • Financial Accounting and reports like: general ledger, bills payable/receivable, petty cash book, bank reconciliation statements
  • Debtors / Creditors / Inventory Management
  • Monthly, Quarterly, semi-annual, and annual closing financial reports
  • MIS Reporting as per client requirement

Key Features :-

  • Ensure Transparency
  • Smooth functioning of business
  • Facilitates in providing true and correct picture of financials
  • Ensures accuracy in entering data in the books of accounts
  • Cost Effective

Process :-

  1. Send the copy of books of accounts
  2. Evaluate the documents and get in contact with you for further details
  3. Processing of Entry
  4. Verification and Approval of books of accounts by you
  5. Preparation of Financial Statements and Other report as required

FAQ :-

What is the procedure of maintaining books of accounts?

Firstly we will collect the data and information from the client by mail, in hard copy or entry at your office if required then afterwards we will provides services of maintaining the books of accounts.

What services do you provide?

Our core service portfolio is comprised of accounting, bookkeeping, accounting systems automation and integration, controller level services, CFO level services, and payroll. So whether you're willing to seek. An expert's help to take care of your books of accounts, or looking for a customized accounting system, or want help to process payroll payments or require a part-time CFO, we can help.

How is my client's personal data secured?

CoKaCo values and respects the privacy and confidentiality of all information transmitted.

The information transmitted is always encrypted and then sent through secure channels on the internet.

How Do I Keep Track Of Information Sent And Ensure The Quality Of The Return?

The information we receive from you is sent electronically and the hard copy of files stays in your office. Once we complete the returns and transmit it to you, we will not retain any information sent unless specifically told by you to do so. You will review and approve the returns prior to e-filing / sending the prepared returns to your client.

Will it be the same bookkeeper every time?

Yes, whenever possible we will do our best to make sure you have the same bookkeeper. In addition, you will have a point-person on your account, someone personally familiar with and responsible for your books. You also have the advantages that come with an experienced team of bookkeepers and the back-up of our administrative and support staff.

I already have an accounting staff. Why do I need CoKaCo?

Most accounting staff have limited work experience. They perhaps have worked at two or three other companies where they reported to a more senior accountant. They may now be reporting to the business owner who has a background in general business, engineering or sales – probably not finance or accounting. There are many areas where these staff accountants do not have an experience and need guidance. CoKaCo can provide the necessary guidance and management. This enables the staff accountant to grow and to gain the experience to properly address these issues. Eventually, the staff accountant can be promoted to Controller or CFO and then become a more valuable and dedicated employee, and at that time, the talents CoKaCo accountant may not be needed. This is a win-win situation. It is a win for our accountants because we were successful in our mission — who is to help our clients grow, and a win for you because you now have an accounting staff that can take you to the next level.

How can we prepare balance sheet and profit & loss account of the company?

The company has to prepare its balance sheet and profit & loss account from the books of account maintained by it. Every Balance Sheet of a company must give a true and fair view of the state of affairs of the company as at the end of the financial year and must be in the prescribed format.

What are the books of account to be kept by a company?

Every company must maintain proper books of accounts of its affairs. The following transactions must be entered in the books of accounts of the company which must be kept at its registered office:-

  • All sums of money received and expended by the company and the matters in respect of which the respect of which the receipt and expenditure took place;
  • All sales and purchases of goods by the company; and
  • The assets and liabilities of the company.

In the case of a company engaged in production, processing, manufacturing or mining activities, such particulars relating to utilization of material or other items of cost as may be prescribed relating to certain class of companies as the Central Government may require.

The books of accounts must comply with the following conditions:-

  • The books must give a true and fair view of the state of affairs of the company or the branch office, if any, and explain its transaction.
  • The books must be kept on accrual basis and according to double entry system of accounting.
Information

Accounting is the process of storing, sorting and recording financial transactions.

We offer cost-effective and hassle-free financial accounting solutions for all fiscal needs of your business. Our financial accounting services are as good as employing a full team of seasoned in-house financial accounting experts without actually hiring them. They take time to understand precise accounting needs of your business, and plan desired procedures to seamlessly take care of all your financial accounting.

A book keeper handles the day-to-day task of recording financial transactions, including purchases, receipts, sales and payments which is necessary for all businesses to ensure accurate operational / financial information. Maintaining the books in-house certainly is a tedious and possibly expensive affair, but getting it done would significantly reduce pains in complying with the requirements. Many small businesses do not have fully fledged accounting departments and require external bookkeeping services. CoKaCo can provide your business with bookkeeping services through a network of Accounts Experts.

  • Maintaining books of accounts including purchases, receipts, sales and payments.
  • Reconciliation of Bank Statements
  • Preparation of Financial Statement (Profit and Loss, Balance sheet, Cash Flow Statements, etc.)
  • Financial Accounting and reports like: general ledger, bills payable/receivable, petty cash book, bank reconciliation statements
  • Debtors / Creditors / Inventory Management
  • Monthly, Quarterly, semi-annual, and annual closing financial reports
  • MIS Reporting as per client requirement
  • Ensure Transparency
  • Smooth functioning of business
  • Facilitates in providing true and correct picture of financials
  • Ensures accuracy in entering data in the books of accounts
  • Cost Effective
  1. Send the copy of books of accounts
  2. Evaluate the documents and get in contact with you for further details
  3. Processing of Entry
  4. Verification and Approval of books of accounts by you
  5. Preparation of Financial Statements and Other report as required
What is the procedure of maintaining books of accounts?

Firstly we will collect the data and information from the client by mail, in hard copy or entry at your office if required then afterwards we will provides services of maintaining the books of accounts.

What services do you provide?

Our core service portfolio is comprised of accounting, bookkeeping, accounting systems automation and integration, controller level services, CFO level services, and payroll. So whether you're willing to seek. An expert's help to take care of your books of accounts, or looking for a customized accounting system, or want help to process payroll payments or require a part-time CFO, we can help.

How is my client's personal data secured?

CoKaCo values and respects the privacy and confidentiality of all information transmitted.

The information transmitted is always encrypted and then sent through secure channels on the internet.

How Do I Keep Track Of Information Sent And Ensure The Quality Of The Return?

The information we receive from you is sent electronically and the hard copy of files stays in your office. Once we complete the returns and transmit it to you, we will not retain any information sent unless specifically told by you to do so. You will review and approve the returns prior to e-filing / sending the prepared returns to your client.

Will it be the same bookkeeper every time?

Yes, whenever possible we will do our best to make sure you have the same bookkeeper. In addition, you will have a point-person on your account, someone personally familiar with and responsible for your books. You also have the advantages that come with an experienced team of bookkeepers and the back-up of our administrative and support staff.

I already have an accounting staff. Why do I need CoKaCo?

Most accounting staff have limited work experience. They perhaps have worked at two or three other companies where they reported to a more senior accountant. They may now be reporting to the business owner who has a background in general business, engineering or sales – probably not finance or accounting. There are many areas where these staff accountants do not have an experience and need guidance. CoKaCo can provide the necessary guidance and management. This enables the staff accountant to grow and to gain the experience to properly address these issues. Eventually, the staff accountant can be promoted to Controller or CFO and then become a more valuable and dedicated employee, and at that time, the talents CoKaCo accountant may not be needed. This is a win-win situation. It is a win for our accountants because we were successful in our mission — who is to help our clients grow, and a win for you because you now have an accounting staff that can take you to the next level.

How can we prepare balance sheet and profit & loss account of the company?

The company has to prepare its balance sheet and profit & loss account from the books of account maintained by it. Every Balance Sheet of a company must give a true and fair view of the state of affairs of the company as at the end of the financial year and must be in the prescribed format.

What are the books of account to be kept by a company?

Every company must maintain proper books of accounts of its affairs. The following transactions must be entered in the books of accounts of the company which must be kept at its registered office:-

  • All sums of money received and expended by the company and the matters in respect of which the respect of which the receipt and expenditure took place;
  • All sales and purchases of goods by the company; and
  • The assets and liabilities of the company.

In the case of a company engaged in production, processing, manufacturing or mining activities, such particulars relating to utilization of material or other items of cost as may be prescribed relating to certain class of companies as the Central Government may require.

The books of accounts must comply with the following conditions:-

  • The books must give a true and fair view of the state of affairs of the company or the branch office, if any, and explain its transaction.
  • The books must be kept on accrual basis and according to double entry system of accounting.