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