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Ownership & Accuracy
We’re structured like your own in-house team so that you can focus on growing your business. With our team of managers reviewing and closing the books monthly we boast a high level of accuracy in the books and ensure no transaction is missed.
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Ownership & Accuracy
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Compliance Management
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Frequently asked questions | Accounting Services in Pune
Why we provide accounting services?
- Business owners have multiple challenges with their business - managing their accounts team is one of them.
- The options available for an entrepreneur are CA firms or in-house team, both of which have their own challenges.
- Biz owner ends up spending alot of time and effort managing the team,which can be saved by availing our accounting services.
- As accounts is non -core, this is a waste of time for him/her, resulting in less focus on the most critical activity ie growing the biz.
- Hence we started SavPalm to help them manage this process by providing accounting services so they can focus on growing the biz.
How are we better than CA firms at providing accounting services?
- Their accounting services have a very traditional approach and are not customer centric.
- They are more focused on tax filings and audit hence not really focused on maintaining your books and data entry.
- They don't share reports with you on a timely basis.
- They have article clerks do the work - they keep changing every few quarters and hence there is no stability.
- Generally during audit season also your own accounts can get ignored.
This invariably leads to you spending time on your accounts instead of growing your business, which can be avoided by availing our accounting services.
How are we better than In house teams at providing accounting services?
The general issues you will face with your inhouse teams are:
- No trained manpower in the market also no expertise in hiring the right accountant.
- Managing and retaining the accountant.
- Accuracy Issues in the books of accounts.
- Coordination with your CA to share the tax calculations which can invariably lead to penalties.
- You are dependent on a company for all your accounting services not on a person.
This invariably leads to you spending time on your accounts instead of growing your business, which can be avoided by availing our accounting services.
How are we better than our direct competitors at providing accounting services?
Our accounting services are better through our:
People - Training, Development and General Expertise.
Processes of our accounting services: RC, QC, Fortnightly Reports, Operations Team, Onboarding team and checklist, Incident Tracker
Technology: WA, Basecamp, Google Drive.
Apart from the same:
- our accounting services close the books of accounts on a monthly basis.
- We handle GST 2A Reco and TDS reco every month and quarter respectively.
- We share MIS reports for actionable insights on a monthly basis.
Benefits of FMS, which is offered in our accounting services?
- A business owner does not need to worry about hiring, training and retaining his accounts team.
We handle the accounts end to end using our processes and checklists. - Brego Business’s accounting services are responsible for all data entered as well as the taxes filed.
- All reports are shared at the end of the month.
Benefits of RR, which are offered in our accounting services?
- The promoter does not need to worry about reviewing the books and worrying about tax penalties.
- All tax filings are handled by the manager.
- MIS reports are shared by the manager.
Benefits of Staffing?
- The business owner does not need to focus on constantly hiring the executive.
- our accounting services provide trained manpower to the client and constantly focus on developing them.
- Incase the executive/manager that is staffed leaves the company we replace them and make sure handover is given between the 2 resources.
- The client does not have to worry about retaining the employee since that is our focus/responsibility.
What is Themis and how are you associated?
How are you different from Themis?
What are outsourced accounting services?
Why should I consider outsourcing my accounting?
How is outsourcing your accounting to Brego Business's outsourced accounting services better than building your own in-house team?
First, hiring and training a team of accounting professionals can be time-consuming and costly. By outsourcing to Brego Business's outsourced accounting services, you can access a team of trained and experienced professionals without the need for recruiting, training, and onboarding.
Additionally, building your own in-house team can also lead to retention issues. It can be difficult to attract and retain top accounting talent, especially if you are a small or medium-sized business. Outsourcing to Brego Business's outsourced accounting services ensures that you have a dedicated team working on your finances at all times, without the need to worry about employee turnover.
Finally, outsourcing your accounting to Brego Business's outsourced accounting services can free up time and resources for you as a founder to focus on growing your business. Building your own in-house team requires setting up processes and systems, which can be time-consuming and distract you from your core business activities. By outsourcing to us, you can have peace of mind knowing that your accounting is being handled by professionals, allowing you to focus on driving your business forward
I use a CA Firm & pay 30k annually. Why should I use Savage Palmer’s accounting services?
The general issues you will face with your CA are:
- they have a very traditional approach and are not customer centric.
- They are more focused on tax filings and audit hence not really focused on maintaining your books.
- They don’t share reports with you on a timely basis.
This invariably leads to you spending time on your accounts instead of growing your business, which can be avoided by availing our accounting services. This is exactly when we come into the picture, generally about 50% of our clients are startups and we help them handle their books right from the very base and once that is strong (just like a building) we will then build on it and grow the team with you as you grow.
I have an Inhouse team. Why should I use Savage Palmer’s accounting services?
The general issues you will face with your inhouse teams are:
- No trained manpower in the market.
- Managing and retaining the accountant.
- Accuracy Issues in the books of accounts.
- Coordination with your CA to share the tax calculations which can invariably lead to penalties.
This invariably leads to you spending time on your accounts instead of growing your business, which can be avoided by availing our accounting services.
We have a CA + In house team. Why should I use Savage Palmer’s accounting services?
I have already outsourced my accounts to another firm and have a contract with them for x months. Why should I switch to Savage Palmer’s accounting services?
What are MIS reports? Can you explain MIS reports a little more in detail?
Management Information System Reports:
- MIS Reports are a summary of your financials.
- They are are Graphical Representation of your sales, expenses, receivables and payable.
- For eg. It is like a Dashboard of the Car which indicates how much petrol is there in the car, How far can it go, what average is it giving. This is something what gives you analysis about what can be improved and increase your profits in the upcoming months.
What is a bi annual compliance check?
Why should we get someone else to review our books when our in-house team is already following the process?
What are your charges for your accounting services?
How can Brego Business help with outsourced accounting services?
What specific accounting services does Brego Business offer?
- Bookkeeping: We can handle all of your day-to-day financial transactions, including invoicing, bill payment, and reconciliation of bank and credit card statements.
- Financial reporting: We can provide regular financial reports to help you understand the financial health of your business and make informed business decisions.
- Tax preparation: We can prepare and file all necessary business and personal tax returns, ensuring compliance with all tax laws and maximizing your tax savings.
How do I get started with outsourced accounting services from Brego Business?
How is outsourcing my accounting to Brego Business better than going to a traditional CA firm?
By outsourcing all of your accounting needs to us, you can have a single point of contact for all of your financial matters, rather than having to work with multiple firms for different tasks.
Additionally, at Brego Business, we use advanced technology and software to streamline our processes and provide real-time financial data to our clients. This allows us to be more efficient and provide faster turnaround times for tasks such as financial reporting.
Finally, by outsourcing your accounting to Brego Business, you can have peace of mind knowing that your finances are being handled by a team of experienced professionals. Our team is dedicated to providing top-quality service and ensuring that your financial needs are met.