The online coupled with off-line presence of Taxmantra has helped small businesses and startups to avail the services without commuting physically for their day to day tax and regulatory compliances.  This not only saves time but also reduces efforts and dependency of an accountant to be present every time. In this stride, Taxmantra to provide Cloud Accounting to its users through QuickBooks of Intuit.  

Accounting financial transactions into some accounting software with all the details each day has always been a headache for businesses.

Taxmantra.com provides comprehensive retainership tax and regulatory services for companies, limited liability Partnerships/ General Partnerships and Proprietorship Firms. Under this unique retainership service, we take care of complete tax and regulatory compliances on your behalf, which makes you focus just on your business.

It is mostly seen not a prudent decision for small businesses and new businesses to hire a CFO or full time senior accountant to take care and do hand-holding for all the necessary tax and regulatory compliances, and for them, this single platform solution will be very handy.  The idea behind this single platform client centric service module is to work as an outsourced CFO for businesses who either don’t have time or resource to actually get involved themselves or hire someone dedicated.

Taxmantra.com works on online platform providing services through online medium in the most hassle free way. The online coupled with off-line presence of Taxmantra has helped small businesses and startups to avail the services without commuting physically for their day to day tax and regulatory compliances.  This not only saves time but also reduces efforts and dependency of an accountant to be present every time.

Now, these services would become more hassle free and seamless, since Taxmantra.com has recently tied-up with Intuit to offer Intuit’s highly popular cloud based accounting application called QuickBooks to its existing and prospective customers.

Click here to know more about our Tax and Regulatory services for Businesses  

Mr. Aditya Tulsian – Strategy & Accountant Ecosystem Head, Intuit India, said: “We are very excited to have Taxmantra.com as an esteemed ProAdvisor, a program designed to help businesses in their day to day Accounting, Tax and Regulatory compliance in a most hassle free way.” 

The basic concept of cloud accounting is to be assessable anytime and from anywhere, maintaining invoices, recording income and expenses without any expertise or knowledge of accounting. It comes with a separate login credentials which would be given upon successful subscription of the package. It is even more user friendly and simpler than any other accounting software. With the features of one click invoice generation, viewing expense and income list, it is much easy to track transactions and account for it. The simple language and Interactive UI is pretty helpful in understanding the software even better.

QuickBooks also provides a statistical view of the income and expense list. It is very much easy to keep track of the invoices raised and to send the same to client automatically within due date. Also with the feature of estimate, you can also keep an estimate of the income to be generated in future. There is also a feature of managing users wherein users can be given specified access to certain features.

Also and advanced feature of QuickBooks is online banking which uses the net banking facility to integrate the bank statement of the users with the QuickBooks account. This is a great feature which automatically downloads the transactions of the integrated bank account through net banking and lists them for further classification and categorization into specific charts of accounts. The transaction list can also be uploaded manually in case online banking is not preferred.

The Report section in the QuickBooks gives quick reports of profit and loss and balance sheet as on date. There are further other sections to explore which gives reports of various sectors like suppliers, sales, tax, clients, etc. A total company snapshot can also be obtained by this feature.

Startups can now focus more on their business and growth while Taxmantra.com takes over of all the compliance.