Service Insights – FAQs

Have a question in mind? We’ve got it covered!
Get authentic service insights and the answers to frequent
queries regarding our services and customer experiences.

Do You Have a Manuscript Ready?

Get a Free Quote

Your form has been submitted

Your form has been submitted

Business Planning,
Strategy & Execution

Financial Projections
And Analysis

International Business
Opportunities

Frequently Asked Questions

Your Queries Answered

If you’re new to Books and Balances INC, this bit should help you learn more about
our platform, features, and services.

What is bookkeeping, and why is it essential for businesses?

Bookkeeping is an organized method of keeping a record of financial transactions within a business. It refers to records of purchases, sales, receipts and payments to create a financial overview of the company. Financial reporting, budgeting, tax preparation and informed decision-making is why you need bookkeeping.

What are some essential financial documents maintained through bookkeeping?

Bookkeeping involves the maintenance of ledgers, income statements, balance sheets, cash flow statements, bank reconciliation statements, invoices, and payroll records.

What does service tax preparation involve?

Service tax preparation involves the process of preparing and filing tax returns for individuals or businesses.

Can I do my own service tax preparation?

You can, but it can be time-consuming and error-prone. Professionals ensure accuracy and compliance, while simple cases may be done independently using software or online platforms.

What are outsourced CFO Services?

Outsourced CFO services refer to part-time or project-based access to experienced financial professionals, providing businesses with strategic financial guidance and expertise.

What are the benefits of outsourcing CFO services?

Outsourced CFO services offer cost savings, specialized financial expertise, unbiased advice, scalability, and flexibility. They help businesses make informed financial decisions, improve profitability, and achieve their long-term financial goals.

What do payroll solutions entail?

Payroll solutions manage employee payments, including wages, deductions, and taxes.

Why do businesses need payroll solutions?

Payroll solutions simplify payments, ensure accuracy, and aid compliance with tax and labor laws.

Love What
You See?

Let’s discuss your project and find out
what we can do to provide value.

Connect with Us

Have Any Questions?

Your form has been submitted

Your form has been submitted