Accounting & Payroll Services

Our accounting services help all related businesses increase their collection rates by a large percent through improved invoicing, documentation and collection calls also helping businesses increase their profit margins and maximize their cash. We also help our clients save their time every year on their bookkeeping and paperwork tasks which we take off your plates.

Trading and Manufacturing Accounting
Our trading account allows your company to determine its profitability. With data that we provide from your trading account, the company’s accounting and management teams can decide where it can make changes to cut expenses and increase profits.

A company may use our formula to determine that for every dollar of income, it makes 50 cents of profit. Thus, a company earning 50 cents for every dollar spent has a 50 percent gross profit margin. Gross profit is different from net profit, which is the percentage by which the company’s income exceeds all of its operational costs, such as the cost to package and advertise its product. Additionally, taxes and interest on the company’s debt are factored into a net profit calculation, which is a lower, yet more precise, figure than the company’s gross profit margin.

Manufacturers and distributors around the globe have to encounter a number of problems, both on a domestic as well as international level. All the time there is a need to balance capital funding requirements, restricted resources and labor expenses while keeping up with the competition in manufacturing industry. In order to capitalize on their maximum growth opportunity, they require capable Manufacturing Accounting Services to cater to quality controls, continuous technological developments, regulatory factors and cost reduction while also keeping a close eye on their net profit.

We at Bhandari & Associates comprehend the same, and are willing to assist. Our team of enthusiastic manufacturing business accounting professionals concentrates on solutions for all facets of the manufacturing industry. Our complete line of accounting services for manufacturing firms comprises of traditional accounting, bookkeeping and tax services in addition to perceptive financial analysis. We assist you to strengthen operations, augment internal controls and effectively maintain inventory. However, what our clients acknowledge the most is our customer support. Our dedication towards providing accounting services for manufacturing firms allows our clients to obtain bundle of opportunities in their country as well as international markets.

Service Sector Accounting
The service industry is highly combative and, as a result, service providers are always looking for more efficient ways to operate that will reduce their overall costs, to serve this need of the people Bhandari & Associates are at the forefront of Service Sector Accounting for instance we have experts in the world of cost accounting. While this method of accounting was initially developed for the manufacturing industry, it has been adopted by various sectors of the service industry and has proven useful. Cost accounting is all about determining the connection between the costs of inputs and the outputs that emanate from them. It enables a firm to be more efficient with its resources by allocating its resources to the most profitable functions.

Pharmaceutical Accounting
Accounting for the pharmaceutical and life sciences industries is a specialist area that requires expertise and an understanding of the sector.

At Bhandari & Associates, we firmly believe in rising up to the cause of up and coming causes in the economy. We work strictly in accordance with the rules set by the government and have experts in the field of-
– Accounting for fixed consideration in licence arrangements in the pharmaceutical and life sciences industry
– Accounting for financing arrangements in the life sciences sector: IFRS accounting considerations for option-based structures

Day To Day Book Keeping
A bookkeeper’s daily job duties require strong accounting and mathematical skills. The level of difficulty and the amount of responsibility often depends on the size and structure of the company or organization. For most bookkeepers, there are several procedures and accounting tasks that are typically performed on a daily base.

At Bhadari & Associates we guarantee the best day to day bookkeeping of all your accounts and financial records. We keep you updated on the payments which need to be remitted, ensure the submission of these payments and record them in your financial ledger. Our communication with our co-workers is smooth and well maintained, and we ensure that all your funds are appropriately allocated for various kinds of expenditures.