India's real estate industry is a continuously growing sector, and it has a lot to offer. But as for this industry like all other industries in India need for accurate and efficient bookkeeping & accounting function is evident. But there are some challenges in this process, some of which are –
In the builders & construction industries can last for long periods and businesses generally deal with multiple projects during a particular period resulting in voluminous data. All this give rise to the use of project accounting over and above general accounting.
Need for different types of Human Resource is an issue in Real Estate Industry as this means multiple payment duration and multiple regulations for different kinds of employees. Also, it is still necessary for the business to comply with Central and State laws. All this makes payroll processing a taxing process.
Some business use property management software which makes it's functioning extremely convenient, but this software is not accounting or bookkeeping software. So, the data from these software needs to collaborate flawlessly with the accounting and bookkeeping software.
We at Whiz Consulting have over a decade of working experience with real estate agents, organisations & companies. We are proud to say that our online real estate accountants are well acquainted with every facet of accounting and bookkeeping in the real estate industry.
We aim to provide the best bookkeeping services in the real estate industry. And we do so by using technology like cloud-based bookkeeping software or property management software to its maximum potential. We make it feasible for you to perform your accounting and bookkeeping process effortlessly while reducing your dependency on another third party as we handle all your needs relating to accounting and finance in one place.
With our service, you can be assured that your real estate business is compliant to all the payroll processing regulations. While also making sure it is up to date with any changes in the central as well as state law. You can focus on your core activity, and while our professional accountant tackles the massive number of transactions while making the best use of any real estate software, you are using.
Your business's core function is to deal with property management and construction, not accounting. So let Whiz Consulting, take care of Accounting and Bookkeeping function for your business. If you are in the lookout for a real estate accountant, we are the right choice for your accounting and bookkeeping needs, here are few reasons why you should choose us -
We keep ourselves up to date with any new law and regulations and make sure that your business is compliant to all central as well as state laws, be it tax compliance or payroll compliance.
We have over a decade of experience and in-depth understanding of real estate industry-specific requirements our experts aids you to streamline your bookkeeping and accounting systems.
Hiring a full-time professional accountant or local accountant will cost you 50% more as compared to hiring our services, while you will get access to a long list of accounting and bookkeeping services.
With decade long experience working with Indian Real Estate, Building and Construction businesses, and we have provided the best service to them, and can quarantee the same for you.
You provide unlimited phone and e-mail consultations with experienced professionals for the need for any details, issues or query.
We provide reports at regular intervals that helps you to monitor your financial health. Our services and reports can be tailor-made to your specific requirements.