Projects Commissioned
Taj Bekal Resort & Spa
Kerala
The Raviz
Calicut
Financ VFO
services help organizations to manage their finances well. Compared to recruiting a full-time CFO
for the company, our virtual CFO services offer flexible, cost-effective, accurate, and prompt
financial services. Financ VFO
is headed by a professional who has more than 25 years of practical exposure in accounting
and auditing of almost all the industrial sectors whether it is a small retail trader, giant
manufacturing unit, or a Service Sector,
We have a strong team of professionals to ensure better cash flow management and optimization of
financial resources. We help businesses to grow and improve profitability by effective use of
finance and ensure compliance with Laws
and Regulations.
We gives you the power to offload time and data-intensive work, focus on higher value-added strategic issues, and improve your decision-making process. That’s what a virtual finance office is. The service might be ‘virtual’ but the professionals will be available in person at the time of your need. It’s not that easy to keep consistent manpower, with diverse skills at minimum cost in the Finance Department, and this is where Financ VFO provides you with an uninterrupted optimum level of Service at all levels.
Apply GST Registration Online with Financ VFO ! Under Goods And Services Tax (GST), businesses whose turnover exceeds the threshold limit of Rs.40 lakh or Rs.20 lakh or Rs.10 lakh as the case may be, must register as a normal taxable person. For certain businesses, registration under GST is mandatory. If the organization carries on business without registering under GST, it is an offence under GST and heavy penalties will apply. It takes around 2 - 6 working days to obtain the GST registration online.
Bookkeeping is the process of recording your company’s financial transactions into organized accounts on a daily basis. Bookkeeping is an essential part of your accounting process for a few reasons. When you keep transaction records updated, you can generate accurate financial reports that help measure business performance. Detailed record will also be handy in the event of tax audit. Financ VFO provide Cloud based Truly digitized and virtual accounting with the use of reliable tools like Tally
If you feel you would benefit from reviewing accounts more regularly, the partnership approach we take with all of our clients means we are well placed to prepare management accounts for you and help you to review them. Having this regular review in place, including management audit, can enable you to manage your business more effectively by taking corrective action as and when required. In this category Finance VFO service provide Internal Control check, Monthly Profit and Loss Account, Balance sheet and Cash flow statement and other relevant MIS Reports.
In the growth of a business, there is often not a perfect time to appoint experienced finance specialists. Waiting until your turnover really justifies having these roles in -house can frustrate growth and profitability. This premium service gives you cash flow forecasting, P&L forecasting, Budgeting and scenario planning and other CFO Advisory Services.
Contractors need to treat each and every construction project as unique, short term profit centre. Contractors to track accurate costs for each project individually and bid intelligently to survive and grow in the current competitive environment. We at Financ VFO collect rough daily transaction statement from contractors and do Job costing using latest accounting tools and provide monthly MIS report for each and every project running.
We provide a free initial consultation to review your business operations and scope out the service required. We will then put together a cost-effective, flexible solution whereby you only pay for the service that you need.
A Standard Operating Procedure Shall be drafted laying down the various work flows and Control Activities in the enterprise
Manpower required shall be analysed and deployed and on the job training shall be provided during the initial stage to the new candidate or existing staff
The work Performance shall be monitored on periodic basis and necessary advice will be given to staff at site.
The monthly MIS Report on financial Position and Performance Shall be communicated and evaluated in a joint meeting with top Management on mutually agreed intervals.
The discrepancies detailed in the previous month report shall be followed up and their compliance with laid down norms shall be ensured.