Accounts & Financial Outsourcing
Accounts outsourcing can help organizations by cost cutting and effective work. Our accounting outsourcing services help you by providing excellent accounting advice. A quality add and cost cut is solution. We also assist companies in imparting training etc. to the staff.
Walia Walia & Associates help you in the following areas:
- Small Business accounting
- Preparation and assistance of financial statements
- Reconciliation of bank/vendor/client statements
- Advice and suggestions on GAAP and IFRS
- Suggestion on presentation and statutory forms of the financial statements
- Assisting in U.S. GAAP / IFRS / SFRS
- Training on filing and documentation
- Assistance in technical transaction recording
- Branch accounting
- Consolidation of subsidiaries
- Cash Flow Management
- Internal control placement
- Periodic review
- Incorporating into Global Accounts
- Requirement specific monthly / quarterly MIS
- Customized monthly reporting
- Payroll maintenance and reconciliation.
- Preparation of vouchers, invoices, check deposit memo.
- Accounting for Share Based Payments.
- Salary processing including payments of bonus and incentives, reimbursement and staff expenses records & employee loan processing.
- Assisting in technical accounting issues.
- Tax Effective Accounting.
- Corporate governance and financial reporting.
Payroll Outsourcing
You can rely on us for a full fledge Payroll Outsourcing. You will see a dedicated professional team all updated and all hardworking. Helping you to see your staff satisfied in terms of payroll management is our motto.You can outsource your payroll concerns to us and we will manage it all for you. We use software and our payroll systems can be logged in from anywhere so that managers and employees can login (using their respective login credentials) and see their salary and other details. Following is the key area we will help you:
- Helping in drafting employment agreement
- Enrolling in the software
- Forming most optimum salary structure
- Adding and maintaining employee log with all personal details and even preserving their base documents in soft forms
- Calculation and Feeding of salaries on a timely basis
- Computation of personal taxes on employees and withholding of due taxes
- Issuing various forms, payslips including form 16, Full and Finals etc.
- Investment feeding and checking the investment proofs
- Statutory deductions like PF, ESI, Professional Tax, Labour Welfare Funds
- Advising on labour laws and updating you about applicable laws.
HR Management
It is impossible to run business without the most important resource- Human. Admittedly, there can be some organizations with perfectly placed human resources. But many have problems with this particular resource which stands them at potential business risk. Managing the right team is the buzzword. We help you in overcoming from human resource problems. We try to manage the situation by aligning organization and individual goals. We strive to upgrade the capabilities of the people and work with the executives to judge the right potentials required and available and fill in that gap.
Our area of work:
Updating about changes in employment laws, rules, regulations and guidelines and also the impact of those on the organizations.
- Applying Legal framework of employment laws
- Arranging the right team.
- Making a link between mutual benefits of organization and employees
- Assisting on discipline and rules for terminations to seek that all the work are done appropriately and in a well-documented manner
- Expediting effective leadership
- Preparing HR policy that suits best to both organization and employees
- Explaining Job Description, job profiles etc. to suit needs of the entity
- Benchmarking
- HR transaction services, like salary disbursals
- Identifying need of training and filling loopholes to avoid risks related with HR within the organization.
- Designing salary structures
- Social security advise
- Tax assistance for international employees
Legal Consultancy Outsourcing
We provide Legal consultancy regarding Intellectual Property Rights (IPR), Trade Marks, Service Marks, Patents, Litigation, Trusts and wills in a manner to make it effective and at the same time economical.
Intellectual Property Rights
- Drafting applications and claims
- Managing objection responses
- Trade Mark drafting and illustration
- Patent Drafting
- Proof Reading
- Trade Mark support services
- Infringement and litigation
Litigation Support
We take special care in this stream of our services and try to provide best to best services to client satisfaction. We undertake following litigation based works:
- Pre-assignment study of the case
- Admeasuring the merits and analyzing risks
- Preparation of summaries
- Stepwise analysis of the case
- Briefing
- Preparing stage-wise available resorts and streamlining arguments
- Document analysis
- Departmental responses
- Negotiation advice
- Pre and post Trial assistance
- Sorts available
Agreement Drafting
- Analysis of the proposed contract
- Documentation and content advice
- Registration with the authorities
- Getting the contracts notarized
- Review of contract