SERVICES

services

Ozean helps startup’s and other running business by setting up accounts & finance and HR function of an organization in the initial stages of development of business through outsourced model in order to reduce the cost of business by providing team of professionals at low cost without the need to employ on full time rolls of the company.

These professionals work for the organization towards maintaining books of accounts, finance functions and HR functions on offsite or onsite model in order to save facility cost and seat cost thereby focusing mainly on developing business and revenue.

Payroll Services

Our Payroll services covers all aspects of payroll management leading to less work and peace of mind. You can now ensure 100% accuracy, huge time savings, and highly satisfied employees. Excel import facility and mass data update keep manual data entry to a minimum and speeds up work. Software Payroll module provides:

Comprehensive coverage of every single aspect of payroll management including statutory compliance.
Accurate and super fast Payroll processing. Easy to learn, easy to use.
Powerful reconciliation tools & reports to audit and review before Payroll release
Ready to print payslips, reports, statements, etc.

Accounts Payable

With an efficient Accounts Payable P2P process, Company will be able to manage working capital and cash flow better, develop and maintain strong vendor relationships, determine potential areas of cost saving, increase organizational agility and comply with regulatory policies. Advantages of outsourcing AP

Reduce costs by converting fixed cost into variable
Eliminate the need to buy hardware and software
Outsourcer’s economies of scale and cost structure give competitive advance in low margin vertical of the organization
Decrease in human capital
Adherence to regulatory norms and data security and data confidentiality
Reduction in payment cycle

Other Accounting
Services

While CFOs can focus on more organization growth centric strategie,s following operational accounting services can be offloaded to us

General accounting
Fixed Asset accounting
Inter Company accounting
Bank and GL reconciliations
Cash and Treasury management
Financial Reposting
Management Reporting
Financial Statement preparation

Statutory
Compliances

Our Indirect Tax Service offerings are tailored to assist companies in meeting their indirect tax challenges. Our Services include analysis of the client’s business and to advise and assist them and for proper planning and management related to it.

Preparation and filing of TDS returns
Issuance of TDS Certificate
Consultancy, opinions, advisory services
Registration under GST
Monthly/Quarterly compliance of GST
Filling of GST returns
Filing of GST refunds
Assistance in GST audits conducted by GST Department.
GST reviews / diagnostics / health check-ups of companies
Representation before various Tax Authorities in assessments, appeals, show cause notices, etc.

EXPAT Services

Assistance, Advisory and Support Services for NRI’s/PIO/OCI relating to:

NRI regulations
Income-tax matters in India (including DTAA)
FEMA
Business setup in India
Investments in Indian entities
Regulations for Financial and property investment in India
Expat aspects in India
Employment aspects in and outside India
Repatriation
Inheritance and Gifts in and outside India
Statutory and other regulatory compliances relating to loans and securities
Immovable property transactions, investments, divestment and related statutory aspects
Statutory and Regulatory Compliances including filings, reportings
NRI bank accounts