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Corporate Support Services

The Firm maintains a dedicated team of accountants headed by senior professionals and partners for rendering Corporate Support Services. These including the following key areas of support and consulting:

Incubation, Management Support

Entity Holding: Maintaining a Registered Office; Appointing a authorized signatory for bank accounts and power of attorney for signing documents; storage of accounting records; Organising Insurance; handling inward & outward mail, providing e-mail ID ensuring privacy and confidentiality; assistance in locating office, factory or residential premises and related legal documentation.
Budgetary and Management Control: Preparation of Revenue and Capital Budgets, monthly cash flow statements; periodic "Management Information Statements"; compliance with the corporate policies.
Registration with Government Departments : Provident Fund ; software Technology Parks of India ( STPI); Professional Tax ,Income Tax, Sales Tax, Excise & Customs etc.

Book-keeping and Accounting: Verification of invoices and releasing payments; Preparation of cash / bank vouchers and cheques; running an accounting package, generation of ledgers and their scrutiny; Preparation of the Balance Sheet and Profit & Loss Account in accordance with the Indian GAAP; Co-ordinating with auditors'.

Banking & Regulatory Compliance: Co-ordinating with bankers; issuance of the Foreign Inward Remittance Certificates; alerting on investment of surplus funds or repatriation of funds; Minimizing exchange risk; administering withholding tax on payments to vendors, employee; Filing of various statutory returns with authorities.

Personnel Search & Recruitment: P & P has undertaken personnel recruitments for several well-known companies. In case of those clients with whom the Firm has a long standing relationship, the Firm's intimate knowledge of the clients needs are best understood by the Firm rather than any outside agency.

Services in this area include

Sourcing and short-listing candidates
Designing and adminstering recruitment advertisements
Maintaining an in-house database of candidates
Performing positive and negative searches
Conducting interviews
Assisting in the documentation and other regulatory work for placements abroad.

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