Accounting is the systematic and comprehensive recording of financial transactions pertaining to your business. Accounting also refers to the process of summarizing, analyzing and reporting business transactions.
Accounting is the key function for almost any business. RCCO maintains your books of accounts as per accounting standards issued by respective authorities with necessary enactments.
Advantages of Accounting
A payroll is a company's list of its employees, it is the sense of “money paid to employees” and it plays major role in the business for several reasons. Accurate and correct payroll is very important to your employees and important to you as a business owner. Payroll is more than just sending out paychecks every two weeks. You need to comply with and make sure you pay all of the local taxes that are tied to having employees. A payroll service will handle the details and keep you out of trouble with the taxman.
Possibly the biggest benefit of using a payroll service is that the service will keep your business compliant with payroll tax laws and changes. While you are an expert at your business, unless your business is a TAX Consultation, you probably don't have the time to become a payroll tax expert. The payroll service can determine what taxes need to be withheld from employees, what you need to pay and send in the money to the correct agencies.