Financial & Accounting

Our Specialized Accounting Services

Stars Groups believes in understanding customers' exact needs and developing a customized Accounting Solution that best suits their diverse business needs.

Our Services: - General Accounting and Bookkeeping Services Day-to-day bookkeeping and preparation of monthly/ quarterly accounts. Our experts utilize popular Bookkeeping and Accounting Software platforms like Tally ERP9, QuickBooks, Speed plus ERP, etc. to ensure data correctness and faster results.

Preparation of Financial Statements: - Preparation of annual accounts for the statutory annual audit.

Includes: - Financial Reports | Financial Statement Preparation | Accounts Reconciliation | Financial Budgeting

Preparation of Tax Returns - Preparation of periodic tax, GST and other returns. We also facilitate everything from tax processing and planning to filing, including tax returns preparation, quarterly returns and Annual Returns.

Startup Advisory

Start-up Advisory is a Management accounting helps you make informed decisions in your business. Every small business needs Management Accounting. Imagine having an accountant with real world experience analyze and “translate” your financial and non-financial data every month so you can make informed business decisions. We work with you on planning, budgeting and forecasting. Each month, we provide you with accurate, up-to-date financial reports. We also meet with you monthly to review the data, flag any areas of concern and discuss improvement strategies to keep you and your business on track.

We recognize every business is different. Our team of experts can customize a package that works for your business. Pick and choose what you need. We build a solution that suits your business.

Services Includes: - Setting up Cost Accounting Systems | Calculation of Cost of Goods Manufactured / Sold |Setting up overhead allocation systems |Commercial quotations | Reconciliation between cost and financial profits/Loss Accounts. | Product/Service wise analysis of costs and ascertainment of profitability

Bookkeeping

Bookkeeping involves the recording of financial transactions and other information related to the business on a day-to-day basis. The most important aspect of bookkeeping is to keep an accurate account of all records and keep them up to date. Accuracy is the most vital part of the bookkeeping process.

Double-entry Bookkeeping
This bookkeeping system refers to a set of rules to record financial information where every transaction must impact at least two different accounts.This is done using debits and credits, and is used as a type of error-detection system. If, at any point the total sum of debits does not equal the sum of credits, an error has occurred somewhere in the records.

Services Include: - Setting Up Chart of Accounts | Billing for goods sold or services | Recording receipts from customers | Verifying and recording invoices from suppliers | Paying suppliers | Processing employees' pay and the related governmental reports | Recording depreciation and other adjusting entries | Entering Bank Details | Allocating the account entries | GSTR Monthly Filing | Value-added bookkeeping | Month-end or Year-end closing

Taxation Services

ITR Filing: Make sure to file your income tax return on or before the due date announced by the Government to avoid penalties.

ITR Filing As per section 139(1) of Income Tax Act, 1961, every person being a company or a firm; HUFs Hindustan Undivided family’s or being a person other than a company or a firm, if his total income is above the maximum amount which is not chargeable to income-tax, he will have to furnish and file a return of his income.

Benefits: - Easy loans approvals | To claim TDS refunds | Carry forward of losses | VISA processing | Self employed | Avoid interest on tax liability

Types of ITR Filling: - ITR-1 or SAHAJ: Resident Indian individuals and HUFs | ITR-2: HUFs and individuals | ITR-3: Partner in a firm, HUF, or individuals | ITR-4 or Sugam Firm: HUF, or individual | Form 16: Partnership Firms | ITR-6: Companies | ITR-7: NGO, Trust, Society, Association

Assurance & Auditing Service

Our core Auditing administrations to customer in all kind of Business and provide them with the supports and reports needed for the disputes/ litigation. Presenting a leading Audit, Fraud examination and Forensic Accounting Services we can help you builds the System and also guide the customers in planning budgetary, legal and accounting audits.

Our services include: - Statutory Audit | Internal Audit | Tax Audit | Process / Transaction | Management Audit | Investigation Stock Audit | Due Diligence

Fraud Examination & Forensic Accounting Service: - Accountant Malpractice | Fraud Investigations | Government Contract Claims | Insurance Fraud and Claims | Lost Profit and Claims | Professional Malpractice Claims | Cash/Asset Misappropriations | Fraudulent Transfers | Healthcare fraud and Claims | Internal Investigations | Partnership disputes | Financial Statement Manipulation | Asset Reconstruction | Location and Recovery | Structured Finance Transaction and Expert Testimony

Statutory Services

Our Comprehensive range of Statutory Compliance services helps, Our clients to grow and develop their businesses we steam-line their Statutory Compliance over the years. Our aim is to provide a professional, effective solution to all of your needs.

Our Statutory Compliance Services i..e.., PF, ESI, PT, TDS, TCS

• Preparation and maintenance of statutory registers
• Auditing and updating, registration and renewal of license for commercial establishments
• Preparation and filing of returns (monthly / quarterly / half yearly / yearly) and forms, as applicable
• Maintenance of statutory records, registers, formats, etc. prescribed under various acts
• Assistance and support for documentation and application under various acts
• Other related statutory services

CS Services

COMPANY SECRETARIAL

We as a Team of experts in Company law and we are to help you. Our team leads the entrepreneurs to run their business in secured way in all aspects. Our Company Secretarial services will provide you from Incorporation to Winding up.

• Shifting of Registered office
• Changes in the Objective of the company
• Amendments to Incorporation Agreements
• Change of Directors/Partners & Additions /Removal
• Increase in Authorized Capital
• Allotment of Shares
• Conversion of Private to Public vice versa
• Conversion of OPC to Private & Public vice versa
• Mergers, Amalgamations, De mergers
• Due Diligence Audit
• Company Credit Check Report
• Name Change of Company with Board Meeting & Filing of Name
• Winding up Company (Closing the Company)
• Changing the name of the company involves alternating process of Memorandum of Association. The memorandum can be altered by way of passing a special resolution as per section 13 of Companies Act, 2013

Accounting Software

Simple way To Handle Billing & inventory Without any Hassel’s.

Complete Business ERP Software. Specialized to manage any trade like Traders, Distributors. Retail Shops, Hotels & Restaurants, Temples & Religious Centres, Dealer, Electronics and Electricals, Mobile Dealers, FMCG etc. Designed to help you eliminate all the complexities in business automation like organizing your Financial Accounts, Powerful Inventory Control, Label Printing, Cheque Printing, Illustrative Log Book, Window Based / DOS Based Printing, With Inventory / Without Inventory Accounting, Multi Currency, User-definable Optional Fields in Masters and Vouchers, Export Facility for each report to MS Word, Excel, PDF, WordPad, HTML, SMS Plug-in, E-Mail, Unlimited Fully Configurable Invoice Formats, Multi Company management, Payroll Management, Intelligent Outstanding Analysis.

GSTR Filling

India’s biggest indirect tax reform in the form of Goods and Services Tax (GST) has completed 1 year. A comprehensive dual GST was introduced in India from 1 July 2017.Since it is a destination-based tax, every supplier who earns more than 40 Lakhs per annum needs to register under it. The Bill was passed by the Parliament on 8 August 2016. The Central Government enacted four GST bills: State GST (SGST) Bill | Central GST (CGST) Bill | Integrated GST (IGST) Bill | Union Territory GST (UTGST) Bill

Types of GSTR Filing

GSTR-3B Filing - all registered persons have to file monthly returns in Form GSTR-3B (containing a summary of outward and inward supplies).

GSTR-1 Filing - Invoice-wise return of outward supplies needs to be submitted in Form 10th of the succeeding month.

GSTR-2 Filing - The Government has suspended the requirement of filing Form has to be filed by 15th of the following month.

GSTR-3 Filing - populated by from GSTR-1 and GSTR-2 returns forms.
| GSTR-4 Filing | GSTR-5 Filing | GSTR-6 Filing | GSTR-7 Filing | GSTR-8 Filing | GSTR-9 Filing - Annual Returns

Cancellation of GST - Section 29(1) of CGST Act 2017