Offshore Accounting Services - Canada

Actuit is an offshore bookkeeping and accounting service or we take your paperwork to work remotely.

Canada Business Setup

We offer professional and hassle-free bookkeeping services to businesses in any industry. If you are seeking expert assistance to manage your bookkeeping work, go ahead and contact us..

We can help you choose software that is ideal for your business, and set it up for you. Software will be chosen specific to your needs based on details you provide about your business.

Actuit will also help you assess your invoicing and cheque payment needs and set up the invoicing/receivables and payables accordingly. Reporting needs will be discussed and a regular schedule set up for receiving financial reports.
Bookkeeping Services

Including, but not limited to:

1.     Bank Reconciliation
   
2.     Accounts Receivable — entry of invoices, receipts, statements
3.     Accounts Payable — entry of invoices, cheque payments
4.     Payroll
5.     Tax remittance calculations (HST, EHT, WS&IB, payroll deductions)
6.     Budget preparation
7.     Financial statements
8.     Cash flow preparation

Personal Tax Returns

We can complete your annual T1 tax return — all you need to do is provide the information slips. If you have a small business the appropriate forms will be completed and submitted with your tax return

Expert accountants for small business accounting outsourcing

Actuit India is a leading accounting service provider to small to large corporate in financial accounting services domain. Businesses have gained competitive advantage over their competitors by outsourcing back office processing services to us. Need of hour is that businesses to must create new streams of revenue to thrive and other source is saving on resources available to business. By outsourcing some or all of Finance & Accounting operations to Actuit, organizations save money, substantially improve service levels, and used saved resources towards initiatives to grow your products market.
Our offshore small business accounting and bookkeeping services are complete and integrated Business Process Outsourcing (BPO) offering. Our team is trained is to provide accurate and reliable accounting solution to small business. Our structured workflow management system enabled us to manage a broad spectrum of Finance & Accounting services, including Accounts Payable management, Accounts Receivable management, Billing, General Accounting, Tax Management, Treasury and Risk Management, and other finance and accounting services.
We customize our bookkeeping and accounting services for small business to provides smooth, seamless and affordable financial bookkeeping and accounting management services. We have a team of certified bookkeepers and accountants and you get access to efficient accounting system to manage your financial data. In accounting outsourcing engagement, we provide high quality time bound and cost effective bookkeeping and accounting services. Our professionals use their expertise to match their business process expertise to your unique requirements and objectives.
The benefits of small business accounting is quantifiable cost saving, business focus on core competencies and operational efficiency by gaining access to team of Actuit’s experts
Actuit is a provider of finance and accounting business processing to International companies from its offshore shared service center in New Delhi, India. For more details visit us: http://www.actuitindia.com.

Keywords: Small Business Accounting, Outsourced Accounting Services, accounts receivable outsourcing services, Online Accounting Services, Business Accounting Services

Non Resident Tax Return Preparation Services

This is another specialized area practice, in Actuit India, to service and support nonresident Indians, to plan their income tax liability not only in India, but also for countries they are visiting for jobs/business, depending upon the their status of resident in visiting countries.

Our tax planning can help to protect the foreign income of NRIs from being taxed in India. We provides advisory and compliance and nonresident tax return preparation and filing services covering related to law and income taxation laws, countries travelled, applicable to Non-Residents.

The nonresident tax returns can be compiled as per the provisions of the countries to which you were resident in taxable year coupled with the “considering” applicability of DTAA, Double Taxation Avoidance Treaty between countries.
The large number of tax planning suggestions and guidelines provided by us has helped number of travelers, software engineers to save on income taxes in India in such a manner that the income of your spouse, major children, major grand-children, etc. is not added to your income as a non-resident Indian.

We actively review changes income laws of all countries (US/UK/Canada and Singapore) wherein we serve individuals to file their resident and nonresident tax returns and to maximize their tax refunds. As a tax planning and return preparation and filing service provider we handle both domestic and international tax planning situations.

Our expert guidance includes:
1. Who is an NRI, how to become one, and how to enjoy your NRI benefits for many years even after returning permanently to India?
2. Tax-exempt items of income and wealth.
3. Special tax deductions and rebates available to NRIs.
4. Tax-exempt gifts you can make to friends and relatives.
5. Procedure for filing and assessment of nonresident tax returns tax returns.

About Company:
Actuit India bouquet of services includes back office services for accounting, Tax returns preparation, Practice management, Bankruptcy and Insolvency tax return preparation services. We provide tax return preparation services to individuals and business in India, having operations in USA/UK /Canada/Australia and Singapore.

For more information please visit at http://www.actuitindia.com/non-resident-tax-returns.html

Keywords: Tax return preparation services, Non Resident tax return preparation services

Outsourcing Tax Return Preparation

Outsourcing is seen as a buzz word similar to vertical growth. As it gives you lots of quality resources at your disposal to be utilized as per your discretion in the interest of your core business.
Outsourcing is strongly advocated for firms who want to grow but lack of resources are pulling them down as compared to business competitors. Outsourcing is an ideas evolved to generate resources within your business process. You will find hidden treasure within your business when you start looking them differently. You will identify that few processes are eating lots of your time and money because either you doing them yourself or you hired a professional to do a specific process or processes for you. In either case it is working out a costly bet for your business with no value addition to your vertical business growth.

Sometimes it looks like that you require professional help only for specific period because of excessive demand for a particular product and you do not want to have cost burden for full year. Once such case arises during tax season when every one individuals/corporate have to file their tax returns by one cut-off date. In this circumstance outsourcing tax return becomes strong consideration for you with significant economies. Outsourcing Tax Return helps you to:

1. Expand your practice
2. Use in-house professionals to review rather than prepare tax returns.
3. Get rid of hiring and rehiring employees during peak tax seasons
4. Improve the quality of life during hectic tax season.
5. Better manage staffing concerns.
6. Operate at peak efficiency during tax season and the summer months.

For tax return outsourcing, you can hire the services of any outsourcing firm which provides bookkeeping, accounting and tax return outsourcing services.
iAct Outsourcing Co. helps CPA/CA firms in transition from paper intensive locations to an electronic world. Outsourcing Accounting work is for firms who are looking beyond data input and expect to have a quality final product at significant economies as compared if they did work themselves.
At iAct Outsourcing Co we work in a way that you have total control on the process specific to your clients regarding input data, output reports and backup data. Most importantly you being integral part of system can build your own process and SLA that make you to have quality product upto your entire satisfaction.
iAct Outsourcing Co provides three separate areas for CPA/CA/Small business firms:

1. Income Tax Return Outsourcing. iAct Outsourcing Co team is currently supporting all major tax soft wares’. We prepare individual returns, Self employed tax returns corporate returns, partnership returns and fiduciary returns
2. Bookkeeping and Financial Analysis. iAct Outsourcing Co team is completing bookkeeping job and delivering complete set of financial reports. We also undertake pending accounting jobs let it be one/two or more years pending for accounting. iAct Outsourcing Co team is currently supporting all major bookkeeping soft wares’
3. Sales Tax & Payroll Tax Returns. At iAct Outsourcing Co we complete you payroll tax returns/sales tax returns and send to you in pdf format for printing and filing with statutory authorities. For some states we are filing these tax returns online under intimation to you

If you are running an accounting firm and dread the amount of work that gets piled up during the tax paying season you must opt for tax return outsourcing. Tax return outsourcing will bring only profit to your business.

Patrik Gupta is Financial Accounting & Taxation expert working for a outsourcing company based in India and has experience of over 15 years. To know more about Accounting outsourcing, Bookkeeping outsourcing, tax return outsourcing visit for outsourced accounting services

Key Words: Online Accounting Services, Outsourced Bookkeeping Services,  

Best Process to Outsource is Accounting Outsourcing

Outsourcing services is not limited to online accounting and bookkeeping services only among the several business processes. What needs to be outsourced is simply depends on what Value addition any process is making if you undertake the process in your office premises for your business. Accounting outsourcing firms works on the concept of doing back office job that is the job which normally do not coordinate with your clients/vendors but only work for your business and interact with you.
Article:
To run a business successfully you have to have close understanding of 4 parts Production, Marketing and Accounting. Most of business owners take care of Production and Marketing of their products and services as first priority because that is directly affecting bottom line. They simply forget that an accountant not only maintain their books but also monitor and meet legal compliance have the business running. This is one aspect of business that needs professional handling to be done efficiently and effectively. Accounting outsourcing services is one of the simplest means to handle all the accounting related work of your business.
Accounting outsourcing services is nothing but giving your accounting work to be handled by a third party. Accounting firms are run by specialist professionals to do your work and make you concentrate on Production and Marketing of your products and services. This synergy helps to make the venture hugely successful.
The two main advantage of hiring services of accounting outsourcing firm are:

1. That you are hiring services of a specialist which could be very costly to you otherwise. This means you get access to services of professionals who are experts in their field.

2. That you will be able to save an unbelievable amount of money through this.

Normally, you may not have been able to get access to services of such high quality due to the high amount of money that they charge. Accounting outsourcing services makes this possible for all businesses.
The reason why one can save huge amounts of money through accounting outsourcing service because Accounting Outsourcing companies provide services to number of firms like yours and cost is shared among all, resulting outsourced work is done at a very less cost for you. However, make sure that the outsourcing companies from which you hire these services have the required amount of experience and expertise to help you deal with the accounting aspect of your business.
You are the business owner and so you are the best person or source to decide if you must undertake certain strategies for your business or not. Make sure that you make a wise decision, after all the very success of your business venture depends on the decisions that you make.
Patrik Gupta is Financial Accounting & Taxation expert working for a outsourcing company based in India and has experience of over 15 years. To know more about Accounting outsourcing, Bookkeeping outsourcing, tax return outsourcing visit Online Accounting and Bookkeeping Services

Key Words: Online accounting and bookkeeping services, online accounting services,

Vertical Business Growth- Outsource Accounting/Bookkeeping

Bookkeeping is a process to maintain the financial activities of a company in a systematic order to deliver the Financial Information Reports as and when business needs. The bookkeeping process require great deal of efforts, time and resources. To save on all these core energies/resources i.e. efforts, time and resources, bookkeeping outsourcing is coming as a best bet to make your business grow. For an organization whether it is small or big in size, bookkeeping outsourcing services will prove profitable from business point of view. It relieves management team from the pressure of handling manpower and keeping a watch on performance of accounting team many times which is not core competencies and require more time and resources.

The fundamental aspects of bookkeeping outsourcing is the production of balance sheet, Income Statements, General Ledger Maintenance, data entry bookkeeping, Computerized systems etc. Proper recording of financial information gives you a clear view of the income and the expenses along with the performance of your own company. These information are very important for you for filling the tax returns.

Bookkeeping is an important business tool that helps your business in running smoothly and successfully.

As a result more and more organizations are keenly looking for accounting outsourcing partners to outsource their accounting functions. Now a days bookkeeping outsourcing has seen a huge surge in demand and I am expecting it to continue. This has opened a avenue and many companies are available in the market to fulfill your requirements. This special service unfurls the practice of handling various business related activities in less money and in less time as well.

To add further a company can save lots of revenues by hiring the bookkeeping outsourcing services (a penny saved is a penny earned). Basically small organization tries to handle their bookkeeping department themselves. This is false notion in their mind. It will cost them much because for this they will have to hire trained professionals and precisely the trained person will demand big money for the work. For time being it can definitely save dollars for them if they hire this service and then they can also use the saved money for the expansion plan of their company. But at last eventually they end up paying more money because small business never find time for recording their day to day operation expenses, revenues and investments

So, from the growth and economy point, the small companies must hire the services from a bookkeeping service provider. This service aspires at maximizing the profits of your firm by saving upto 50% of your local cost in terms of dollars.

Accounts are very important part of a business and it has to be kept properly maintained in the database for their use in future. You must keep the accounts records safely and accurately.The entire process of bookkeeping has become simple and cost-effective since the outsourcing services came into being. The vendor will complete the work on time, consideration the quality needed for your work.

You can get the online services for the bookkeeping of your company. You will not have to worry for the quality of service provided by these third party service providers because you have an agreement with them for the service deliverables. It is for the benefit of both the firm along with the service provider.

The business owner must keep in mind that the services he is going to hire must be taken from a reputed firm so that you can relieve of the quality of the service and the security of your data.

Summary: Bookkeeping outsourcing is a strategical business decision for vertical business growth. Accounting department is needed to help you monitor your growth and know the graph of your expenses, revenues, investments and meeting your statutory deadlines. You have to take decision to have in house accounting department or outsourcing it. I suggest when accounting department’s cost exceed the benefits in running the business better to outsource al functions of Accounting department. The benefits of this service is immense and you can really know when you opt for this.

Key Words: Accounting Outsourcing, Bookkeeping, Tax Returns filing, Payroll Accounting, Accounts Payable Processing, Accounts Receivable Processing

Patrik Gupta is working for a small scale outsourcing company in India since last couple of years. To know more about Accounting outsourcing, Bookkeeping outsoucing, tax return outsourcing visit http://www.eaccountantz.com

Article Source: http://www.azipzap.com/article

Importance of Accounting Outsourcing

Accounting is a critical department of every business and so it needs special care for its maintenance. Only a qualified and skilled accounts professional with depth knowledge can handle the work very efficiently of accounts business outsource process. The accounting task mainly includes back-office services and is works as a support staff to production and marketing team of any organization. Accounts department performs bookkeeping, general ledger, tax computation and filing, data entry, spreadsheet and statutory form completion and submission work.
These tasks require a qualified accountant you understands the business requirements and deadlines to meet statutory needs.
Before finalizing a company to outsource your work, you must look for the strength of the team and their work experience in this specialized domain before you start transferring your work to them.
Today, there is intense competition in the business world and every company is looking for the unique strategies that can make them successful. And one strategy is to save resources to meet exceeding needs of other domains like technology and marketing. This is normally known as cost cut plans and invests the saved resources in the growth plans of the company.
More over, if a company has in-house employees for its accounting task, then it can prove costly for them. In such a case, the most successful strategy can be to outsource the complete accounting process. It will save a big range of your revenue along with the best quality work in less time. The increasing amount of work pressure on account businesses has recognized a special place for its work and that is outsourcing. Be it accounting or any kind of business or work, outsourcing is becoming successful in solving various kinds of problems by giving your entire work to a company who can efficiently handle your work on your behalf. Accounting business outsource process is meant to transfer your entire workload regarding the maintenance of accounts. By this, you will not have to hire professionals and establish a separate department.
Accounting business Process outsourcing will save your time to be invested in making implementing business growth strategies for your company. Needless to highlight by accounting outsourcing is not only cost effective it also saves lots of your time from arranging and managing team of accountants or accountant.
Best side is that you get your completed at a cost 30% to 50% cheaper than your current cost and you are not required to make follow-ups for your reports; our iAct Outsourcing Services will do the same for you and make sure that you receive all at pre agreed deadlines. You just have to view to reports and focus of Key points highlighted by our accountants.
Patrik Gupta is Financial Accounting & Taxation expert working for a outsourcing company based in India and has experience of over 15 years. To know more about Accounting outsourcing, Bookkeeping outsourcing, tax return outsourcing visit Accounting Outsourcing Services
Article Source: http://www.azipzap.com/article

Book Keeping and US Taxation

The Five W's of Outsourcing
Who should outsource?
Just about everybody: from entrepreneurs in the SOHO (small office home office) segment to small and medium enterprises (SME), to large businesses and empires with diversified interests and varied business processes. Every business benefits hugely through outsourcing because technology is changing so fast, it has to be leveraged and used to the maximum to deliver competitive advantage to a company.
"I view outsourcing as part of the transformation strategy" Pat Wallington Xerox
Why should I outsource?
Experts believe that outsourcing is essential for companies to prosper throughout the '90s and into the 21st century.

Outsourcing gives you: A technical and functional edge on the competition -- without capital investment. Faster development and start up Lower cost Enhanced performance A better-managed e-business infrastructure Reliability Security Maximizes up time A more effective operating environment at the back end.
What should I outsource?
We will confine our suggestions to CPAs', Bookkeeping and Taxation firms in USA:
Transaction management
Back Office
Payroll
Accounting
Federal & State Tax Returns
When should I outsource?
When you're losing focus on your core business because you're too busy handling operations When you're facing a time, money and human resource crunch When you have a mission-critical project that needs all your time and energy, plus specialized skills which aren't readily available When you've got to be the first into the market to gain the edge
Where should I outsource?
Yes, but WHERE in India should I outsource?
Start with New Delhi, India's Capital Actuit India is strategically positioned in New Delhi and will put you in touch with the right outsourcing partners.

For outsourcing your finance and accounting vertical please visit USA Tax return preparation