Practicing Area

Bookkeeping

We provide complete bookkeeping solutions to CPAs and Small & Medium scale enterprises. We also help in managing the books of Accounts by setting the Key Performance indicators of your business and measure timely.

Outsourcing bookkeeping service has become a new norm of handling the books of accounts. The reason being in house Bookkeeping not only takes an ample amount of time but also is a tiresome activity. Especially for small or medium scale business, it takes space, time and costs that may better put in use for core business purposes.

Role of NJP:

• Cloud-based accounting on Zoho, QuickBooks, Xero, etc.
• Day-to-day bookkeeping and accounting.
• Bank and Credit card reconciliation services.
• Preparing Profit and Loss and Balance Sheet reports.
• Adjustments to year-end accounts.

Tax Processing Service

We offer high grad tax Processing services extended to individuals, partnerships, companies, and corporations.

We are working with our clients to provide tax returns preparation services for corporate returns including C Corp (1120), S Corp (1120S), Partnership firms and Limited Liability Companies (1065), Trusts (1041) as well as personal tax returns (1040).

Our team is very well versed with U.S. tax forms and instructions and regulations in order to provide best in class tax returns preparation services for our US Clients

Role of NJP

• Preparation and filing of tax returns
• Interpretation, examination, and classification of items on the balance sheet
• Classification and interpretation of P/L items
• Interpretation of the treatment and taxability for each account
• Advice on Tax Planning

Zoho/Quickbook/Xero Setup

We Setting up of your accounting software through Checklist, for converting a client from a legacy software to Zoho/Quickbook/Xero.

Using cloud accounting software frees the business from having to install and maintain software on individual desktop computers. Cloud accounting solutions also allow employees in other departments, remote or branch offices to access the same data and the same version of the software.

All application functions are performed off-site, not on the user’s desktop. In cloud computing, users access software applications remotely through the Internet or other network via a cloud application service provider.

Role of NJP

• Ensure Successful Implementation.
• Providing Automation to the Business Accounting and Finance Services
• Consulting on Cloud Accounting Services
• Annual support contracts

Payroll Services

We offer our client to take care of their Payroll Liablities and ensure that they are correctly collected and correctly Paid.

Being a top of payroll administration service providing company we work closely with our clients to understand their concerns and address their fundamental challenges before moving to core aspects of payroll management.

Our payroll processing outsourcing services can lower your business expenses in keeping a clean payroll system.

Role of NJP

• Set up employee master details in the software including name & address
• Maintain employee master details – We work with our clients to obtain periodic changes for employees and update them in payroll software.
• Run payroll cycle and provide reports to clients for final review.
• Submit payroll once we obtain approval from the client.

USA Business Incorporation Service

We provide professional business Incorporation services. You do not need a U.S. Citizen to create a C-Corp and LLC(Limited Liability Company) in United States.

Indian Companies looking to expand or have a non-resident Indian Customer base can enjoy several USA company registration advantages. With rapid development and globalization and a substantial English-speaking population, Indian businesses are unique to exploring the American market.

Role of NJP

• US Company Formation
• Registered Address Service
• Company Document filing
• EIN Service
• Virtual Address
• Assisting in Bank Account

Indirect Tax

Sales & Use tax compliance is one of the important engagements for CPA firm and Businesses. We work with our clients to help them prepare and file sales & use tax returns for all states across United States.

Role of NJP

• Preparation of Returns as per state Laws
• Advice on how to manage the sales tax.
• Calculation of Sales Tax.
• Filing the returns on the State website.

Accounts Receivable

Our Team of experienced A/R specialists provides customized account handling solutions as per your business requirement.

Great receivables management specifically adds to an organization’s benefit since it lessens terrible debts.

The organization likewise having a superior income and higher accessible liquidity. Besides, great receivables management boosts an organization’s professional image.

Role of NJP

• Reduces the total Balance Outstanding
• Preventing any bad debt in receivables outstanding
• Determining the customer’s credit rating in advance
• Frequently scanning and monitoring customers for credit risks

Accounts Payable

We also provide our services onaccounts payable and track the accounts on regular note and also helps your business run Smoother.

Vendors are life line to any businesses and keeping track of business’ payable is a key to uninterrupted support required for efficient functioning of the business. We assist our clients with end-to-end procure to pay cycles.

Role of NJP

• Vendor set up and maintenance
• Purchase order processing
• Invoice and payment processing
• Vendor statement reconciliation through our teams

Cash Flow and Forecasting

The inflow and outflow of cash will help you plan your budget better and forecast your investment better.

However, many are the businesses have realized that one thing that carrying the budgeting activity in-house can simply put more pressure on them and they find it difficult to focus on other important things.

So, businesses are now outsourcing the Budgeting process to a third-party agency. It ensures better budgeting with a very informed process as per the business. As the third-party agency is proficient in the process, a better quality of service can be expected from them.

Role of NJP

• Easier for the businesses to understand the Pricing of the Products
• Demonstrate all financial Data to the Management
• Forecasting the Expected inflow in the Organisation
• Preparation of the Cash Flow Statement