Manjunath.Y
Hr Generalist
Couvery
Consultant
+1 Other

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Dear Seniors,
I work for a software company its a startup organization. I have been asked setup basic financial process for our new company. I would request each one of you all to help in setting the process.
Thanks in advance

Ask your manager to buy some advance payroll or HR software like SaralPayroll. In that way you can manage the finance and payroll for your company in an easy way. Also, you can consult with a chartered accountant to know more about the rules and regulations for a company to avoid any further hassle.
Manjunath,
Financial process includes:
1) HR- ESI AND PF REGISTRATION
2) PROFESSIONAL TAX REGISTRATION
3) PAN REGISTRATION
4) SERIVCE TAX REGISTRATION
5) SALES TAX REGISTRATION
6) TDS PAYMENT, RETURN FILING- ONLINE- BUY A SOFTWARE
7) SERVICE TAX PAYMENT, RETURN FILING ONLINE
8) ACCOUNTING SOFTWARE- WHICH WILL INCLUDE MAINLY EVERY ASPECT OF ACCOUNTS
9) APPOINT A PERSON WHO IS CONVERSANT WITH THESE ASPECTS
10) HAVE A BETTER MIS SYSTEM IN PLACE-
11) TAKE A MONTHLY TRIAL BALANCE WITHOUT FAIL
12) KEEP A DEADLINE FOR ALL THE PAYMENT AND RECEIPTS EVERY MONTH AND CLOSE THE BOOKS EVERY MONTH INCORPORATING ALL THE BUSINESS TRANSACTION.
SRIPRATHYAKSHA

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