Business Support Services

It is difficult to make sound business decisions in today’s global economy without having timely, reliable and meaningful financial data. MCS LLP can boost business success by making accounting systems work harder for management on a daily basis.

Quite a large number of businesses may not have access to the services of designing accounting system in a manner to provide them with real-time analytical data from the accounting and other software on which the entity’s data is captured. MCS LLP provides such designing of reports from software operational at the entity and also provides services to standardize the accounting system and creation of masters in the system to have a consistency in capturing of data.

Financial Accounting: Our teams are fully conversant with Indian and International accounting software viz. Tally ERP, SAP, etc. We ensure that accounts are maintained in accordance with domestic regulations as well as international reporting norms. Our team’s review, analyze and flag any potential issues to ensure timely remedial action.

Virtual CFO

We assist companies entering India from foreign jurisdictions/small companies, grow and improve profitability by taking on the role of Virtual CFO. Through this role we provide the following services:

  • Complete Financial Outsourcing
  • Process Outsourcing
  • Payroll Outsourcing
  • Cash flow forecasts
  • Set up of accounting systems and chart of accounts
  • Mentoring of accounting staff
  • Establishment of banking relationships

Payroll Administration

We set-up, maintain and ensure timely and accurate processing of employee payroll. We also assist in preparation of HR manual to document HR policies in compliance with Indian labour regulations, setting-up social security benefits including insurance and claim administration

Regulatory Compliance

We assist in regulatory compliances and advise on critical issues under various regulations enacted by the Central, State, and Local Authorities. We provide a ‘one stop shop’ solution to businesses to manage the complexities of multiple compliances through a single window.

Compliance Diagnostics

A specialized activity wherein we carry out a comprehensive diagnostic check of business to identify compliance gaps risks thereon and suggest mitigation measures. This helps in building up corporate governance and provides comfort to the Management, Board of Directors, Shareholders, and Auditors.