Frequently Asked Questions

BizMitra handles day-to-day bookkeeping, invoice recording, bank reconciliations, GST return preparation, payroll processing, and internal management accounts. For reserved professional functions—such as statutory company audits under the Companies Act, tax audit reports under Section 44AB, and formal appearances before appellate authorities—we collaborate with qualified, independent practicing Chartered Accountants under formal engagement.

While our central coordination is based in Panjim (Panaji), we actively serve clients across North Goa (Porvorim, Mapusa, Candolim, Calangute, Bicholim) and South Goa (Margao, Vasco da Gama, Ponda, Verna Industrial Estate). We support both cloud-based digital collaboration and scheduled local visits.

You can share digitized bills, invoices, and bank statements via secure private cloud folders (Google Drive, OneDrive, or secure email). For Panjim and neighboring areas, physical document handover or courier pickups can be arranged on a scheduled basis.

Under current Indian GST regulations, Input Tax Credit (ITC) can only be availed if the supplier has uploaded the invoice to their GSTR-1 and it appears in your GSTR-2B. We run strict monthly matching before filing GSTR-3B and flag non-compliant suppliers with detailed invoice lists so your team can halt payments until invoices are uploaded.

Yes. Whether your business qualifies for the Quarterly Return Monthly Payment (QRMP) scheme or requires regular monthly returns, we manage the entire calendar, generate monthly payment PMT-06 challans, and ensure all filings are completed before deadlines.

Yes. We analyze portal demand notices, identify the underlying discrepancies (such as PAN mismatches, 26AS differences, or uncredited TDS challans), compile factual reconciliation statements, and assist you in filing proper replies or correction returns.

We treat client financial records with strict professional confidentiality. We never disclose client financial figures to third parties, store digital records in restricted-access directories, never collect unnecessary sensitive banking passwords or OTPs, and execute Non-Disclosure Agreements (NDAs) upon request.

Absolutely. You retain 100% ownership of your financial records, ledgers, and data files. If you ever transition systems or internalize your team, we hand over complete, updated tally backups or spreadsheet exports without restriction.

We support standard software such as Tally Prime, Zoho Books, and QuickBooks. If you already have your own license, we can access your multi-user or cloud setup directly. If you don’t have software yet, we guide you on selecting the most economical solution for your workflow.