new company profile of KHIT
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Transcript of new company profile of KHIT
Accounting, Taxation, Payroll, Business process outsourcing, Knowledge process outsourcing &ITES services
Accounting, Taxation, Payroll, Business process outsourcing, Knowledge process outsourcing &ITES services
CONTENTS
1. Business Overview..........................................................................................................................................
2. Business Background.....................................................................................................................................
3. Vision& Mission...............................................................................................................................................
4. Values.................................................................................................................................................................
5. Business Objectives.........................................................................................................................................
6. Business Legal Aspects...................................................................................................................................
7. BusinessServices & Description....................................................................................................................
8. Ownership & Management.............................................................................................................................
9. Detailed Business Description......................................................................................................................
9.1. Accounting/Taxation Outsourcing.................................................................................................
9.2 Data Management Services.............................................................................................................
9.3 QuickBooks Technical Services...................................................................................................
9.4 QuickBooks Pro-Advisor Services.................................................................................................
10. Our USP
Accounting, Taxation, Payroll, Business process outsourcing, Knowledge process outsourcing &ITES services
1. Business Overview
Companies name: KH IT Solutions Pvt Ltd (New Delhi- India)
KH IT Solutions Pvt Ltd (London- UK)
Nature of business: Accounting/Taxation/Outsourcing/KPO/BPO/DMS
Business Location:New Delhi, India
Directors:Mr. Kartar Singh Kalsi/Mrs.PalvinderKaur Kalsi
Shareholders:Mr. Kartar Singh Kalsi/Mrs.PalvinderKaur Kalsi
Financial advisors: S K Kalsi & associates
Bankers:Bank of Maharashtra (New Delhi)
DOT Licence Yes
ISO Certification 27001:2013(Under Process)
2. Business Background
“KH IT Solutions Pvt. Ltd” provides Outsourcing and Information Technology services to prospective clients in India, USA, Canada, UK, Australia and Europe. Finaccers is a registered trademark of “KH IT Solutions Pvt. Ltd.”, headquartered in New Delhi, India and client outreach office in UK by the name of “KH IT Solutions Pvt Ltd”. We have been pioneering in Accountancy/Taxation for past 11 years and Data Entry or Other IT services to above mentioned countries since last 5 years. We have a qualified team of professionals holding great in-depth knowledge and expertise in this field. This was based on the decision by the management to try entering the mainstream of the outsourcing business.
We specialize in the field of Accounting, Finance, Business Process Outsourcing, Knowledge Process Outsourcing, ITES and Data Entry services. Our clients cover a multitude of industry sectors including Telecommunications, Media & Entertainment, Consumer Products, Retail, Pharmaceutical, and Advertising & Manufacturing.
3. Vision & Mission
“To be a well-managed company that strives to create a sustainable business model which can inspire future generations in true sense through skills transfer, whilst providing reliable and efficient services to their customers and improve their bottom line”.
“Our mission is to achieve breakthrough results without compromising our core values. We would strive hard to provide reliable & cost effective services customers with excellence on a range of services that provides cost effectiveness and convenience”.
Accounting, Taxation, Payroll, Business process outsourcing, Knowledge process outsourcing &ITES services
4. Values
Our firm is one of the fastest growing outsourcing service providers in India, USA,Canada, United Kingdom, and Australia in outsourcing services. By combining our expertise, experience and the energy of our staff, each client receives close personal and professional attention. Our high standards, service and specialized staff spell the difference between our outstanding performance, and other firms. We make sure that every client is served by the expertise of our whole firm. As an accounting firm is known for the quality of its service and our firm's reputation reflects the high standards we demand of ourselves following 3 attributes Professionalism, Responsiveness&Quality.
5. Business Objectives
To establish ourselves as a quality service provider at a reasonable price to our customers
To be an efficient business and strive to improve our customer's bottom line
To be instrumental in skills transfer to our existing and future employees
To establish good working relationship with our customers and partners
To add value to the business through deployment of our diverse management expertise to grab opportunities and expand ourselves in foreign markets
6. Business Legal Aspects
Business name: KH IT Solutions Pvt Ltd
Country of registration:INDIA
Income tax number: AAECK0107F
Accounting, Taxation, Payroll, Business process outsourcing, Knowledge process outsourcing &ITES services
7. WHAT WE DO…
BPO KPO, ITES AND DATA ENTRY SERVICES
As an organization we specialize in comprehensive range of Data Entry Services, Web Services Strategy,BPO KPO etc. we combine cutting-edge technology with strategic expertise to meet the evolving demands of the new economy
OUR SERVICES PORTFOLIO INCLUDES:
1. Accounting/Bookkeeping/Payroll Outsourcing Services
2. Data entry
3. Data processing
4. Data conversion
5. Scanning & Indexing services
6. QuickBooksTechnical Services
7. QuickBooks Pro-Advisor Services
8. Software Development
9. Web Research
7.1-Long- term business strategy
We have identified couple of opportunity areas as the focus of our business to grow in leaps & bounds in coming 2 years and meet the desirable objectives as mentioned in the projection given. Those opportunities will be:
Skill Transfer
Service Delivery
Fast Turnaround time
Rapid and efficient fund allocation
Aggressive marketing
New office locations in Western countries
Rapid expansion in European countries
Employees exchange programs
Management effectiveness
Efficient management of Foreign exchange
Accounting, Taxation, Payroll, Business process outsourcing, Knowledge process outsourcing &ITES services
8. Ownership and Management
The business is owned and managed by Mr. Kartar Singh Kalsi who is running the business on full time basis and fulfils different responsibilities. His profile is as follows:
Kartar Singh Kalsi
Managing Director
Mr. Singh started at FINACCERS (KH IT Solutions Private Limited.) with one basic idea – to build an organization that would make informed financial decisions by combining the expertise, high standards, service, experience, excellence and the specialized employees with a goal to provide the F & A outsourcing services to our overseas clientele with high performance standard.
Mr. Singh has over 12 years of diverse professional experience serving beyond the traditional accounting and auditing areas. Over the years, Mr. Singh established Finaccers (UNIT OF KH IT Solutions Pvt. Ltd.) and (KH IT Solutions Pvt Ltd) an outsourcing service Provider Company for all F&A outsourcing and IT related domains to the prospective clients based in India, USA, Canada, Australia and European countries. He has received many honours and accolades, which he believes are appreciation for each person who has contributed to his number of companies.
9. Detailed Business Description:
We have been and will be focusing on mainly 5 business areas in 6 major business destinations: - India, USA,
Canada, Australia, UK, and Europe as mentioned below:
1. Accounting/Bookkeeping/Payroll Outsourcing Services
2. Data Management Services
3. QuickBooks Technical Support Services
4. QuickBooks Pro-Advisor Services
5. BPO Services
Accounting, Taxation, Payroll, Business process outsourcing, Knowledge process outsourcing &ITES services
All these business lines will be outsourced back office operation and revenue will be in term of USD, CAD & Euro
for the following 2 years.
1. Accounting/Bookkeeping/Payroll Outsourcing:
1) Accounting/Bookkeeping services include: Assets / equipment ledger maintenance
General ledger maintenance
Expenses ledger maintenance
Accounts receivable services
Accounts payable services
Preparing ageing reports & summaries
Bank account reconciliation services
Credit card reconciliation services
Inventory reconciliation
Payroll preparation & reconciliations
Cash flow management, etc
2) Taxation Outsourcing
US Tax Return Preparation
Form 1040
Form 1040 EZ,
Form 1065,
Form 1120,
Form 1120S,
Form W2,
Form 1099,
Form 1041,
Sales Tax Returns
UK Tax Return Preparation:
SA 100,
SA 800,
SA 900,
CT 600,
VAT Returns
Accounting, Taxation, Payroll, Business process outsourcing, Knowledge process outsourcing &ITES services
CANADIAN Tax Return Preparation:
T1 & T2 Returns
Australian Tax Return Preparation:
Tax Return & GST Returns
3) Payroll Services:
Payroll Set-up in QuickBooks, Peachtree Sage line 50, Etc
Preparation of weekly/biweekly/monthly payroll for Employees.
Accurate accounting of Payroll Taxes (both Employee & Employer part).
Online Payment of Payroll Taxes.
Preparation & Filing of W-2, W-3, 940, 941 & all State & Federal Payroll Forms.
Calculating of standard deductions such as NI, PAYE, SSP, SNP, SPP’S For UK
Filling of statutory forms P35, P14, P60, P45, P46, P32, P11D & P9D for UK
Accounting, Taxation, Payroll, Business process outsourcing, Knowledge process outsourcing &ITES services
SOFTWARES WE USE
ACCOUNTING SOFTWARE
QUICKBOOKS
PEACHTREE
SAGE LINE 50
MYOB
MYOB ACCOUNTANT OFFICE
HANDI LEDGER
NETSUITE
SIMPLY ACCOUNTING
ADP
TAXATION SOFTWARE
TAXWISE
LACRETE
PRO SERIES
DRAKE
ATX
MYOB TAX
HANDI TAX
D T MAX
TAXCALC
Accounting, Taxation, Payroll, Business process outsourcing, Knowledge process outsourcing &ITES services
DATA SECURITY
License use Symantec anti-virus
Disk less system with no external device
Separate server room with restricted access
Data storage at 4 different offline locations
Online data storage
Paperless environment
Security check by CCTV and BIOMETRIC Tools
Email scanning incoming and outgoing
Daily auto backup policy on spate disks
DATA ACCURACY
QUALITY CHECK POLICY. EVERY transaction is being checked before it is uploaded to main server by process manager.
SPERATE QUALITY CONTROL MANAGERS. Their role is to rectify the uncorrected entries, figure out by the process manager.
FINAL REVIEWING POLICY. All the processed data is finally reviewed by qualified hardcore professionals and then uploaded on the client server.
The above phases help us to provide ultimate data accuracy to about 99% with 100% client satisfaction.
Accounting, Taxation, Payroll, Business process outsourcing, Knowledge process outsourcing &ITES services
2. Data Management Services
a. Data entry
b. Data processing
c. Data conversion
d. Scanning & Indexing services
2.a-DATA ENTRY
KH IT SOLUTIONS offers a complete range of cost effective data entry services individually tailored to
fulfill quality and turnaround time for our client
We provide services to multinational corporations,webinars,product launching,events,professional or a
private individual.
OUR DATA ENTRY SERVICES INCLUDE:
Online data entry
Offline data entry
Survey data entry
Image data entry
PDF data entry
XML data entry
Excel data entry
MS access data entry
Handwritten data entry
CART data entry
At KH IT SOLUTIONS, WE perform data entry completely through human resources to maintain
excellent quality. We accept all kind of simple and complex data entry projects of any size and deliver
excellent output in client specified formals
Accounting, Taxation, Payroll, Business process outsourcing, Knowledge process outsourcing &ITES services
OUR COMPETENCY
Our specially trained operators are experts and can provide you manuscripts, scanned image, web
searches etc. we offer high quality, cost effective data entry services
Our solutions will surly fit your needs weather it is a onetime need or an ongoing project. We also
assure you that we will be at your service when you need us.
2. b- DATA PROCESSING SERVICES:
A wide variety of industries and clients ranging from professionals to retailers, manufacturers to
service providers, we help them tackle their data processing challenges. Our wide ranging data
processing services that include:
Form processing
Image processing
Word processing
Survey processing
Check processing
Our special services are to present data entry through books or pages,E-books,yellow pages with
white pages keying, etc., We can also provide data for business transactions like
sales,purchase,payroll,data through images in any format,different type of data conversion,data
extraction from unstructured content to build easy-to-use spreadsheet or data base etc.
Accounting, Taxation, Payroll, Business process outsourcing, Knowledge process outsourcing &ITES services
2.c- DATA CONVERSION SERVICES:
Data conversion is of vital importance to any business in this age of information and kh it solutions can
convert data through various file formats and media to others. Easyaccess to data ensure any
business to function effectively, and saves them a considerable amount of time and money
Use our data conversion services which are ideally suited your business:
Document conversion
File conversion
PDF conversion
HTML conversion
XML conversion
Word conversion
OCR conversion
Using leading-edge technologies and skilled staff, we convert your any kind of data a veriety of useful
Digital formats. We capture data from all type of manuscripts forms accurately, rapidly, and cost
effectively
Convert your valuable data stored and accumulated over the years in the form of paper files or
reports, before it gets irrecoverable lost because this is the only best way to boost up your own
business. We undertake data conversion proje3cts of any quantity
Accounting, Taxation, Payroll, Business process outsourcing, Knowledge process outsourcing &ITES services
2.d- IMAGE SCANNING INDEXING
By utilizing image scanning and indexing services,you can unshackle your company from the hassles
and disadvantages of maintain all your business documents in hard copies.
You can manage all the calumnious data and images in electronic/digital format. We captures data
from:
Optical character recognition (OCR)
Intelligent character recognition (ICR)
Optical mark recognition (OMR)
We provide high quality scanning and indexing services in accordance with any format of document and image.
We offer superior quality scanned files and coded data. Our experienced team of document scanning experts
provides services to all kind of scanning projects within quick turnaround time. Your critical business data is safe
and secure by availing the services of our Data Management Services.
3. QuickBooks Technical Services
We as QuickBooks® ProAdvisors are expert accounts who really know QuickBooks®. We have our own
expertise in all QuickBooks® related issues, have trained professionals who will help and make you
understand the easy way of working with QuickBooks®. Any challenge that you face or come across
become our sole motive to resolve it. We help businesses customize QuickBooks® for their unique needs
and help them get most out of the software.
Diagnostic & repair of QuickBooks issues
Troubleshooting software errors Updates of drivers and security to protect against threats Assistance in connecting to Internet, devices and peripherals Optimizing software performance Resolving all errors or issues related to software applications. Fixing software issues, and problems with merchant account
Accounting, Taxation, Payroll, Business process outsourcing, Knowledge process outsourcing &ITES services
4. QuickBooks Pro-Advisor Services
Sales (QuickBooks Products)
Setting up Chart of accounts
Setting all types of Items
Dealing with Inventory
Setting up QuickBooks-Installation and Registration
Setting up QuickBooks in Multiuser Environment
Networking of QuickBooks
Dealing with all sorts of Company related Reports
Entering Journal Entries
Creating and Restoring Company File Back up.
QuickBooks training
Sales of QuickBooks Software’s
10. Our USP
World Class Services offered to match the International Standards.
Competitive Prices for the services offered.
Skilled Professionals.
Able to cater to all the clients from different countries
Focus on Service Excellence with Quality keeping in mind all the Service Level Agreements.
Performance View by the Top Management ongoing basis.
Accounting, Taxation, Payroll, Business process outsourcing, Knowledge process outsourcing &ITES services
KH IT SOLUTIONS PVT LTD DE – 85, 2nd floor,
Tagore Garden New Delhi -110027, India
Phone Number: +91 – 11 – 424 32 679, www.khitgroup.com
KH IT SOLUTIONS PVT. LTD. Suite 118, Empire House, 1 Empire Way London - HA90EW