Account & Taxation
BPSL provides comprehensive Accounting & Taxation services, ensuring accurate financial records, compliance, and tax optimization. Our services include Bookkeeping, Financial Reporting, Tax Planning, VAT Compliance, Corporate Tax Filing, Payroll Tax Management, and Regulatory Reporting. We help businesses minimize tax liabilities, enhance financial transparency, and stay compliant with IFRS, GAAP, and local tax regulations for sustainable growth.
Monthly Accounting Services:
We offer end-to-end monthly accounting solutions, ensuring precise financial record-keeping, reporting, and compliance.
Bookkeeping & Financial Record Maintenance:
- Recording Daily Financial Transactions – Ensuring accurate documentation of sales, expenses, and financial activities.
- Maintaining General Ledger & Chart of Accounts – Organizing financial data to facilitate structured financial reporting.
- Bank & Credit Card Reconciliations – Matching bank statements with financial records to identify discrepancies and prevent errors.
- Accounts Payable & Receivable Management – Tracking outstanding invoices and payments, ensuring smooth cash flow.
Financial Statement Preparation:
- Monthly Profit & Loss (P&L) Statements – Providing a clear picture of revenue, expenses, and net profit.
- Balance Sheet & Cash Flow Statements – Analyzing financial health and liquidity.
- Budgeting & Financial Forecasting – Helping businesses plan future expenses, revenues, and investments.
Payroll Processing & Compliance:
- Monthly Salary Calculations & Disbursement – Ensuring accurate payroll processing and timely payments.
- TDS Calculation & Deductions – Computing Tax Deducted at Source (TDS) and ensuring compliance.
- Payslip Generation & Reporting – Providing secure and accurate salary slips for employees.
- Compliance with Labor Laws & Regulations – Ensuring payroll operations align with government labor laws.
Tax Compliance & Filing:
- Tax & VAT Calculation & Submission – Ensuring businesses calculate and submit accurate tax and VAT amounts.
- Corporate Tax Compliance & Filing – Assisting in timely and accurate tax filing as per regulatory requirements.
- Withholding Tax (WHT) Management – Ensuring proper tax deduction and submission from payments.
- Quarterly & Annual Tax Reporting – Preparing and submitting required tax returns on time.
VAT Consultancy Services:
Our VAT Consultancy ensures businesses remain compliant with Value Added Tax (VAT) regulations, reducing tax liabilities and avoiding penalties.
VAT Registration & Compliance:
- VAT Registration (13-Digit BIN) for Central & Branch Offices – Assisting in obtaining unique VAT identification numbers.
- Assistance in VAT Documentation & Compliance – Helping businesses maintain necessary VAT records.
- VAT Audit Support & Advisory – Ensuring compliance and guiding businesses through VAT audits.
VAT Return Filing & Adjustments:
- Monthly VAT Return (Mushak-9.1) Submission – Assisting businesses in filing VAT returns accurately.
- Import AT & VAT Adjustment in Monthly Returns – Ensuring proper reconciliation of VAT input and output tax.
- Reconciliation of VAT Input & Output – Preventing tax discrepancies and overpayments.
VAT Record-Keeping & Reporting:
- Preparation & Submission of Input/Output Coefficient (Mushak-4.3) – Ensuring accurate VAT calculations.
- Assistance in Maintaining VAT-Related Books – Helping businesses with required VAT documentation (Mushak-6.1, 6.2, 6.3, 6.2.1, 6.6, 6.7, 6.8, 6.10).
- Vendor Deduction Statements (VDS Calculation) – Ensuring correct VAT deductions from suppliers.
VAT Dispute Resolution & Liaison:
- Liaison with VAT Authorities – Acting on behalf of businesses in VAT-related matters.
- Handling VAT Disputes & Appeal Processes – Assisting businesses in VAT dispute resolutions.
- Compliance Checks & Risk Assessments – Identifying and mitigating VAT-related risks.
Business Support & Address Changes:
- Official Address Changes for VAT Registration – Assisting businesses in updating VAT registration details.
- VAT Consulting for Businesses & Startups – Guiding new and existing businesses on VAT best practices.
- VAT Impact Analysis for Financial Planning – Helping businesses understand VAT implications on their financials.
Tax Consultancy Services:
Our Tax Consultancy Services help businesses manage tax obligations, maximize tax benefits, and ensure compliance.
Tax Identification & Registration:
- Obtaining E-TIN for Local & Foreign Employees – Ensuring proper tax registration for employees.
- E-TIN Registration for Companies & Partnership Entities – Assisting businesses in obtaining tax identification numbers.
Tax Deduction & Compliance:
- Calculation & Assistance in TDS Deduction from Vendor Bills & Salary Payments – Ensuring correct tax deductions.
- Depositing TDS to the Government Treasury – Ensuring timely submission of deducted taxes.
Tax Return Filing & Submission:
- Monthly Withholding Return Submission – Assisting in accurate tax return filing.
- Yearly Tax Return Preparation & Filing – Ensuring businesses remain compliant with tax regulations.
Tax Exemptions & Benefits:
- Obtaining Tax Exemption Certificates for Eligible Businesses – Helping businesses secure tax exemptions.
- Advisory on Tax Incentives & Rebates – Identifying potential tax benefits for businesses.
Tax Audit & Dispute Resolution:
- Preparation of Necessary Documents for Tax Audits – Ensuring businesses are audit-ready
- Representation & Liaison with Tax Authorities – Assisting businesses in tax-related discussions and negotiatio
- Assistance in Obtaining Tax Clearance Certificates – Ensuring businesses have up-to-date tax compliance.
Strategic Tax Planning:
- Annual Tax Planning Advisory – Helping businesses plan their tax strategies efficiently.
- Prescription for Reducing Tax Burdens Legally – Identifying opportunities for legal tax reduction.
Our Working Process
Auditing Process
Auditing involves obtaining of sufficient appropriate evidence regarding
Key Benefits of an Audit
Auditing involves obtaining of sufficient appropriate evidence regarding
Statutory Requirements
Auditing involves obtaining of sufficient appropriate evidence regarding
Report by the directors
Auditing involves obtaining of sufficient appropriate evidence regarding
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Account & Taxation
