In today’s digital India, Automation is necessary and required in every business and every industry. In this competitive environment, every business house specifically if we talk about start-ups then it must be expected from that to remain advanced with technology and automation for their business processes as far as possible so that they can save their crucial time and focus over their other core business activities. Now, you must be thinking that how it is possible. In order to provide support to the start-ups, AKT Macs came up with the full-fledged package in order to support them in their Accounting, Finance, and Taxation related matters from scratch. In this article, we will discuss how it would be possible for you to save your time by taking support from AKT Macs.
How AKT Macs will be helpful:
If you are not taking support from any external experts and yourself managing your accounts and financial records over excel and other accounting tools then you must have plenty of time to look over these and you must have expert knowledge of accounting principles and various other laws regulating your business because accounting records shall be prepared based on the business requirement along with keeping in mind various taxation policies as there could be the difference in the manner of accounting in Income tax and GST and in your normal business practice. So, that shall be kept in mind before preparing your accounting records so that each and every aspect has been covered in that.
But it has been observed that most of the start-ups are invented by beginners who do not have expert knowledge of accounting and other legal regulations applicable over their business and that’s why AKT Macs is helpful for them. Now you must be thinking about how AKT Macs works and How it will be benefited to your startup. So, let’s discuss that also:
- Focus over your core Business activities: As we know, the start-up of a business is a crucial stage in which most focus of promoters is expected over its core business activities as it is the stage that may grow or even fail that startup. So, after outsourcing your Accounting and other compliance business with AKT Macs which is a team of qualified professionals you can calmly focus on the core business activities of your startup and achieve your primary business goals.
- Better Productivity and responsiveness: Using any tools of excel or working in house for the accounting work of the company is quite time consuming or might be not so effective as of course there is a difference in the work of an expert and a beginner. But still, as AKT Macs is based on Virtual accounting service and as we know cloud services provide 24 X 7 access over the servers to both client and our team and as we know being a virtual service providers there is no bar of office or working hours there is no time wastage to reach out to each other. Being a cloud-based network, Scheduled backups over the cloud environment also helps to protect your data loss.
- Meeting Deadlines will be easy: As said in above-mentioned point, AKT Macs being a cloud-based service provider, then, in that case, there is no bar over working hours and even you can send us data beyond working hours through electronic mode and that can be helpful for timely completion of works and based on automated and 24 X 7 service it is easy to meet deadlines and avoid penalties under any law for late filings.
- Faster and Online Tax compliance: Apart from providing accounting services, AKT Macs is also having a team of qualified professionals who can also look after your tax compliances whether it is related to Income Tax, Goods and Services Tax, Customs Act or any other law. The government is providing various benefits and exemptions to the Indian startups which are missed out by various start-up promoters just because of lack of knowledge or lack of professional advice. Apart from this, the big challenge for every business houses is abiding with the various direct and indirect tax compliances and deadlines but this is the challenge which is not for the clients of AKT Macs because our dedicated teams of professionals look after every compliance or return filings on behalf of your company. So, you can focus on your work by getting your accounting and tax being managed by our team without any stress of looking for these factors.
- Better decision making and on the demand ready reporting: As our main focus while serving our client is to provide them with online real-time service through automation by just one click. You will be provided with reports on a real-time basis daily. You will get ready reports not only on a month or year-end but every second automated and the updated report will be provided. By this, your crucial decision making will not defer over a month or year-end reports. You can take decisions and may improve your financials by changing strategies before year-end and overall performance can be restored of your business in case it was underperforming somewhere.
As you can understand now how much AKT Macs could be useful for your startup. Managing accounting and tax compliance at your own is not possible for every promoter and sitting late at night and putting pressure on your mind not only impacts your business but any wrong decision can also impact you mentally as every start-up requires positive energy and motivation to grow on.
But, these hassles will not be required in case you opt to get our package as you can ensure that every compliance and deadlines are now the responsibility of our team of experts. By this, you never need to devote too much time over these activities and this will result in not only diverting your focus on your core business activities but also you will be able to manage your work-life balance by getting time to be given for friends and family which is also the important part of life.