"Our Relations with other companies and clients"
Our Relations Our Identity
“Happy employees lead to happy customers, which leads to more success .”
Our strategy for best relations
For better or for worse, businesses operate on the money. we generate money through sales and we spend money on inventory, payroll, and operating expenses. No business can survive for the long term without ultimately earning more than it spends. Accounting is the process of tracking and compiling information about the money flowing into and out of a business. Accounting is relevant to business decisions because it provides essential information that helps you determine whether a particular endeavor will help or hurt your bottom line.
Your business doesn’t earn the same amount of money on every product or service you sell. Some products have a lower profit margin but sufficient sales volume or customer appeal to justify this diminished margin. The product mix is the careful balance of offerings that make up what you offer to your clientele. Successful decisions about product mix depend on detailed accounting information about how much it costs to sell each product and how much revenue that item generates. We will provide you all these consultancy services on one platform.
“Try not to become a man of success. Rather become a man of value.”
Our strong bonding areas
We guide you in following areas and it make a revolutionary effect on your business.
Payroll accounting is the aspect of bookkeeping that prepares employee paychecks and tracks how much your business spends on the payroll. Detailed and accurate payroll information is relevant to staffing decisions because it tells you whether your company can afford to add more employees if you’re feeling shorthanded. If your payroll accounting shows that your payroll costs make up an unsustainably high percentage of your sales revenue, then it makes more sense to introduce efficiencies and re-evaluate systems than to hire additional staff.
The amount of money your company has on hand on any given day does not strictly correlate with your daily sales and expenses. You may have sold inventory and not yet received payment, bought inventory that you have not yet paid for or borrowed money that you will have to pay back in the future. Cash flow is the process of managing the funds your business has available and allocating them to your advantage. Our accounting is relevant to cash flow decisions because it tells you how much money you have at the moment and how much you likely will have shortly.
Healthy businesses tend to grow, and business growth requires careful management with a close eye on the numbers. We will give you vital information about whether your business will be able to pay off the money you borrow for expansion and how long it will take to do so. If your business seems ready to move to a larger facility or ramp up production than we will tell you whether you have sufficient sales volume to make this move and, if not, how much more you need in daily sales revenue.
We guide you and give you a complete detail that your payroll represents an accounting system connecting your business, your employees, and the various agencies that collect taxes on the sums you pay to your staff. Payroll must be precise because this precision makes you fully accountable to your partners in the payroll process and enables you to fully satisfy your obligations to them. Besides, an accurate payroll can save you the stress and hassle of having to backtrack and straighten out your accounting system when tax time arrives.
IMPORTANCE OF ETHICAL VALUES AND OUR STRATEGY
Role of Ethics in our relations
Precise payroll accounting is an ethical issue. Hiring employees involves entering into a moral, contractual relationship obligating you to compensate them for their time relative to prearranged terms such as a salary or an hourly wage. Inaccurate payroll often involves failure to compensate employees fully, and it is a form of stealing from them by keeping funds that rightfully belong to them.
Payroll records provide information about how much you have paid your employees and how much you have withheld for payroll and income taxes. These figures document one of your store's fundamental expenses, which makes up an essential part of your profit and loss equation. Payroll records also tell you what you need to know to file and pay a variety of periodic payroll tax forms required by the Internal Revenue Service as well as state unemployment insurance and industrial insurance agencies
Accurate and precise payroll records document an important element of your company’s finances and enable you to achieve consistency among various bookkeeping processes such as reconciling tax liabilities with cash flow projections, balance sheets, and profit-and-loss statements. When your business presents its books to an outside party such as a loan officer or a potential investor, it is important for all of your records, including payroll, to be as accurate and precise as possible. Failure to resolve inconsistencies creates an impression of sloppy bookkeeping practices and a lack of accountability.