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An end to end Finance & Accounts Outsourcing<br><br> 100 member strong team including MBA/CA/CS/BE/B Tech/MCA<br><br> Global Reach

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  1. ABS BUSINESS SERVICES PVT LIMITED OUTSOURCING SOLUTIONS ABS BUSINESS SERVICES PVT LTD

  2. ABOUT US • An end to end Finance & Accounts Outsourcing • 100 + member strong team including MBA/CA/CS/BE/B Tech/MCA • Global Reach • Strong Clientele • Integrated Technology Platform ABS BUSINESS SERVICES PVT LTD

  3. OBJECTIVE AND KEY BENEFITS • Understanding customers' needs and delivering what theyrequire • Providing value addition continuously is what we do better • Provides cost effective & efficient solutions • Mitigate Risk - Timely &Accurate calculations • Eliminate riskof missing all regulatory and StatutoryCompliance • hassles • Best utilization of time of Strategy Team instead of being • bogged down with routine administrative requests and • transactional work • Avoid Penalties - Minimize legal claims in courts, tribunals , etc ABS BUSINESS SERVICES PVT LTD

  4. AREAS OF SERVICES ABS BUSINESS SERVICES PVT LTD

  5. Accounts Payable: Frontend invoice receiving , verification, single point of contact for vendor queries, invoice scanning , accounting of invoice , TDS and WCT Deduction and analyze creditor ageing. • Accounts Receivable: (A)Credit Control policy setup. (B) Invoice dispatch and submission services. (C) Collection enablement services i.e. (i)Customer reconciliation (ii) Default and collection focused services (iii) Call to collect services (iv)Field recovery services (D) Collection accounting/ cash application services . • Fixed Asset Verification and Valuation: Valuation of Fixed Asset and life of fixed assets. Depreciation on Fixed Assets as per Company ‘s ACT 2013. Physical Verification of Fixed Assets. ABS BUSINESS SERVICES PVT LTD

  6. Business Entity Incorporation and Setup:(i) Company Incorporation (ii)Registrations: Service tax Registration, VAT Registration, Excise Registration, Import export Code, PF, ESIC, Shops and Establishment and Property Tax. • Book Keeping and General Accounting: Bookkeeping and Accounting as per applicable GAAP/IFRS , Finalization of financial statement, Cash flow statement reporting, audit support. • Statutory Filing and Compliance: Preparation of computation of tax liability and filing of service tax return, VAT Return, Income Tax return, TDS return, TDS Certificates and Issue of various forms under various ACT. ABS BUSINESS SERVICES PVT LTD

  7. Attending to Tax Department queries/notices & handling of assessment/audit- Representing" or "consultancy for representing" before the assessing authorities for expeditious and timely completion of Scrutiny Assessments • 15CA and 15CB Compliances • More Importantly GST Registration and its Compliances • Reconciliations: (i)Vendor Reconciliation (ii) Customer Reconciliation (iii) Inter-Company Reconciliation (iv) Inventory Reconciliation (v) Data Matching. • Advance Tax Computation. ABS BUSINESS SERVICES PVT LTD

  8. MIS preparation - Innovative ideas, Processes and Internal controls which are practical and can be systematically • implemented. • Maker and Checker concept • Exception/ Variance and ControlReports • Query Management - Query Builder/ MIS/ Report generation • of any type • Detailed Master Data Capture i.e. Employee Details and • Consultant Information, Credit Policy, Terms of Agreements etc • No restriction on Record Management Dates – Any number of • years data can be managed. ABS BUSINESS SERVICES PVT LTD

  9. Strong TDS ComputationEngine and Form 16, Form 12 BA & • ETDS Generation. • Calculation/ Deduction/ Collection of Tax at Correct Rates. • Timely Deposit of Tax Deducted at Source. • Accurate Reporting of data related to tax deductions/ • collections made. • Submission of TDS Statements within the due dates. • Verification and Issuance of TDS Certificates within time. • CPC (TDS) is now sending “Intermediate Default • Communication” for PAN Errors and Short Payments, which • can be corrected during the interim period of a week of filing • TDS Statements, before CPC (TDS) proceeds with computing • Defaults for the relevant statement. The Conso Files and Justification Reports downloaded from TRACES help you to identify errors in submission of revised Quarterly TDS Statements. ABS BUSINESS SERVICES PVT LTD

  10. User-friendly Online Correction facility can be used for Correction of Deductees, Tagging Unmatched Challans and Payment of Fees/ Interest. • Aggregated TDS Compliance Report assists the PAN of the Deductor to administer TDS Defaults for associated TANs and to take appropriate action. • The Deductor’s Dashboard provides you all necessary information to assist you in “Compliance Self-Assessment” and to take appropriate action. • Non-filing Self-declaration can be made by navigating to Statements / Payments menu and submit details under Declaration for Non-Filing of Statements. • PAN Verification and Consolidated TAN – PAN File facility on TRACES can be used for verifying the deductees. ABS BUSINESS SERVICES PVT LTD

  11. Corporate Office (Faridabad); 407 - 408, SSR Corporate Park, 13/6 Main Mathura Road, Besides NHPC Metro Station, Faridabad, Haryana For BusinessEnquiries: CA Shalu Singhal Ph: 9999917353 ABS BUSINESS SERVICES PVT LTD

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