Business Services

Mentoring

  1. HOME
  2. Business Services
  3. Mentoring

Services

Overview

Long Term hand holding support for clients and regular filings of returns undertaken by our ideagurusolutions company.

The major compliance area on regular basis are :

  • GST Filing
  • IT Filing
  • A ROC Filing

Compliance

  • It takes less time to educate a person to do the right way than explaining hours how it went wrong. To do the right thing in business, one has to understand the rules, regulations, formalities, compliances of the Municipality, Corporation, State and Central Government, International law, labor laws, export and import rules, ethical practice and the list is big.
  • All is not tough if one approaches a right Consultant or Mentor. IdeaGuru at Coimbatore has evolved as a holistic advisor to extend compliance support services at Coimbatore also we do Pre Shipment Finance.
  • In a business model, the first step is to establish an entity suitable for the promoter. This entity could be a Sole Proprietor, Partnership, Partnership LLP, Private Limited Company, Public Limited Company, Trustee and NGO.
  • The procedure for forming such entities is different. One has to seek Compliance support services like an audit firm, a consultant who are well versed in providing the support services. Prior to commercial start up, these formalities one has to understand.
  • How to take up a GST number, How to take up an IE code, how to apply for council membership etc. Today paramount importance is given to compliance in several parameters.
  • There are several agencies monitoring a business about the Compliance levels. For Example, GST rules are amended daily. One has to update and follow the rules applicable for the industry suitable for him. Non compliance will not be an excuse..
  • To start a business, say with two or more people, a proper deed called a Partnership deed to be written and executed. A Partnership deed has to be registered with the Registration Department online.
  • The place of business should have a valid rental Agreement. Then the next step is ‘how to take the GST number’. These are online processes which we are able to guide you. After which we should know ‘how to take Udyog aadhaar’. We, at Ideaguru will be able to take the Udyog aadhaar based on the business profile.
  • if the business will have Import or Export then one should know ‘how to take IE code’. This is an important and essential Statutory Compliance. We, at Ideaguru have dedicated business ideas, Compliance support services to enable you to take all the Compliance's under one Roof Our Compliance support Service at Coimbatore is unique and one stop solution to Understand.

    • a) How to take GSTN certificate

    b)How to take Udyog aadhaar

    c)How to take IE code

    d)Partnership deed

  • We offer the Compliance support service, Ratio Analysis in the best Possible way.

Compliance Support Services

  • Monthly Sales Bill Book
  • Monthly Purchase Bill Book
  • Sales return
  • Purchase return
  • Monthly Bank statement

An important step in making it more compliant is to review the balance sheet on a monthly basis. This regular review will be essential in future in order to ensure that all the formalities are completed month on month basis

  • Review on GST payment and input credit
  • Review of ESI and PF and other statutory payment
  • Review of EMI payment on loans
  • Review of business level as compared to previous month
  • Review of business level as compared to last year same month
  • Sales and Purchases trend
  • Levels of Sundry Creditors and Sundry Debtors
  • Closing Stock checkup
  • Capital improvement and Loan status

How will the monthly review happen?

A structured format covering all the above items will be discussed with the Owner and the think tank team of the company. The entire meeting will happen for 2 to 3 years. A suggestive step to take corrective action and improve the balance sheet will be prescribed. A review of last month’s discussion will take up and over a period of 6 to 9 months, tangible improvement will be noticed

Engaging a full time consultant or a qualified professional will involve huge costs. This can be reduced by a monthly meeting review at an affordable price.

  • Installation of Tally ERP
  • Tally entries
  • Tally doubt clarification

Newsletter for recieve

    • © 2022 IdeaGuru Solutions

    Powered by :Mist Solutions