Focus on Growth, Let Us Handle the Books
Income Tax
How WizBiz Can Help You Manage Business Accounting
Accounting is the backbone of business decisions. WizBiz manages your complete bookkeeping — from invoice recording to financial statements — so you can focus on growth.
Business Accounting Services | Bookkeeping | WizBiz
Business Accounting, Bookkeeping, Financial Statements, Tally, GST Reconciliation, CA Services
WizBiz Team
Problem
**The Problem:** Poor accounting leads to cash flow problems, missed tax deductions, incorrect GST filings, and bad business decisions. Business owners spending 10-15 hours/week on bookkeeping could be using that time for growth. Common issues:
- Missing invoices and receipts
- GST input tax credit not properly recorded
- Bank reconciliations not done
- Late payment reminders missed
- No proper financial reports for decision making
Solution
**WizBiz Solution:** Our accounting team handles your complete bookkeeping and financial management. We set up cloud-based accounting, record all transactions, reconcile bank statements, and provide monthly financial reports.
**Step-by-Step Process:**
1. **Accounting Setup** — Set up cloud accounting software (Tally/Zoho/QuickBooks)
2. **Transaction Recording** — Daily recording of sales, purchases, expenses
3. **Bank Reconciliation** — Monthly reconciliation of all accounts
4. **GST Reconciliation** — Match purchases with GSTR-2A for ITC
5. **Financial Statements** — Monthly P&L, balance sheet, and cash flow
6. **Compliance Support** — Inputs for GST and income tax filing
Detailed explanation
**WizBiz Solution:** Our accounting team handles your complete bookkeeping and financial management. We set up cloud-based accounting, record all transactions, reconcile bank statements, and provide monthly financial reports.
**Step-by-Step Process:**
1. **Accounting Setup** — Set up cloud accounting software (Tally/Zoho/QuickBooks)
2. **Transaction Recording** — Daily recording of sales, purchases, expenses
3. **Bank Reconciliation** — Monthly reconciliation of all accounts
4. **GST Reconciliation** — Match purchases with GSTR-2A for ITC
5. **Financial Statements** — Monthly P&L, balance sheet, and cash flow
6. **Compliance Support** — Inputs for GST and income tax filing
## Documents Required
- Bank statements (all accounts)
- Sales and purchase invoices
- Expense bills and receipts
- Previous accounting data
- GST login credentials
- Employee payroll details
- Loan/EMI statements
## Benefits
**Why Choose WizBiz for Business Accounting?**
✅ **Save 10-15 Hours/Week** — Focus on business while we handle books
✅ **Cloud-Based** — Access your financial data anytime, anywhere
✅ **GST Ready** — Proper ITC tracking and GST reconciliation
✅ **Monthly Reports** — P&L, balance sheet, and cash flow every month
✅ **Expert Team** — Qualified accountants with business experience
✅ **Scalable** — Services grow with your business from ₹5L to ₹100Cr+ turnover
Benefits
**Why Choose WizBiz for Business Accounting?**
✅ **Save 10-15 Hours/Week** — Focus on business while we handle books
✅ **Cloud-Based** — Access your financial data anytime, anywhere
✅ **GST Ready** — Proper ITC tracking and GST reconciliation
✅ **Monthly Reports** — P&L, balance sheet, and cash flow every month
✅ **Expert Team** — Qualified accountants with business experience
✅ **Scalable** — Services grow with your business from ₹5L to ₹100Cr+ turnover
Document required
- Bank statements (all accounts)
- Sales and purchase invoices
- Expense bills and receipts
- Previous accounting data
- GST login credentials
- Employee payroll details
- Loan/EMI statements
Progressing time
Setup: 2-3 days; ongoing: daily/weekly transaction recording
