Medium Business Plan

For medium-sized businesses that make annual turnover between Rs. 251 lakhs to Rs. 500 lakhs a year. It includes advanced financial management techniques that will help your business grow in a way that is sustainable over the long term.

Overview

The Medium Business Plan is designed for medium-sized businesses with annual turnovers between Rs. 251 lakhs and Rs. 500 lakhs. It offers advanced financial management techniques, including a payment app for Android, a state-of-the-art data vault, and real-time financial health monitoring. The plan also includes tax filing, government registration, and financial records management. Pre-filed paper returns, tax warnings, and credit score checks are also provided. The plan also assists with capital management, tax returns, investment planning, and risk assessment. The plan provides monthly reports, project reports, and net worth certificates, enabling businesses to make informed financial decisions and grow sustainably.


Who should buy?

Growing Medium-sized Enterprises (SMEs):Businesses that have outgrown the startup phase and are experiencing steady growth. They require advanced financial management tools to support their expanding operations.

Established Companies:Enterprises with a solid market presence and established operations, aiming to streamline their financial management processes and enhance efficiency as they continue to grow.

Sector-specific Businesses:Companies operating in various sectors such as manufacturing, retail, services, or technology, within the specified turnover range, and needing tailored financial management solutions.

Multi-location Businesses:Organizations with multiple branches or locations that require centralized financial management and reporting capabilities to ensure consistency and efficiency across all sites.

Professional Services Firms:Firms offering professional services such as consulting, legal, accounting, or engineering, with turnovers between Rs. 251 lakh to 500 lakh, requiring sophisticated financial management tools to support service delivery and client engagements.

Family-owned Enterprises:Medium-sized family-owned businesses seeking to professionalize their financial operations and improve transparency and governance within the organization.

Diversified Businesses:Enterprises with diversified revenue streams or operations spanning multiple sectors needing robust financial management tools to handle complexity and ensure operational efficiency.


 

Plan Details

Plan: Medium Business Plan

Date: 2024-04-01

Renewal Date: 31st March Every Year

Renewal: 2024-04-01

Price: ₹83460/- year or ₹6955/- month

Annual Value: ₹197840/- (Save ₹114380/-compared to our standard fees)

Services Overview
Services Code Qty/Yr Value
Billing Application 121 Annually ₹-
Access of Android 101 Annually ₹1195
Secure Data Vault 103 Annually ₹795
Access of Web Application 102 Annually ₹1195
Account Writing (Bill to Bill Entry) 145 Day to Day ₹13695
Book keeping 122 monthly ₹4995
Debtors, Creditors monitoring 123 monthly ₹2895
Monthly Expenses Reconciliation 124 monthly ₹2895
Suspense Clearance 125 monthly ₹3650
Capital Account report 139 monthly ₹1295
Fixed/ Current Asset report 140 monthly ₹1295
receipt and payment report 143 monthly ₹1195
Profit and loss report 128 Annually ₹5395
Balance Sheet report 127 Annually ₹5395
Trial Balance Report 141 Quarterly ₹2195
Ratio analysis report 142 Quarterly ₹1395
Annual Tax Statement (26AS) 107 Quarterly ₹195
TIS (Taxpayer Information Summary) 110 Quarterly ₹195
AIS (Annual Information Statement) 109 Quarterly ₹95
Monthly Purchase Reconsiliation (2A,2B) 132 monthly ₹2755
Monthly Sales Reconsiliation 133 monthly ₹2755
Stock/ Inventory Statement 129 monthly ₹5285
Monthly DP Report (Drawing power) 151 monthly ₹1995
Cash/ Fund - inflow & Outflow report 152 Quarterly ₹3485
Capital Management 148 Quarterly ₹2765
Project Report 153 Annually ₹3995
Net worth Certificate 154 Annually ₹1975
Income Tax Registration 104 one Time ₹295
Professional Tax Enrolment Certificate 126 one Time ₹1995
Professional Tax Registration Certificate 136 one Time ₹1385
MSME/ UDYAM Registration 137 one Time ₹495
Shop Act registration 138 one Time ₹495
GST registration-Form: REG-01 130 one Time ₹2995
GST Compliances (GST-R1, 3B,CMP-08) 131 monthly ₹24895
Professional Tax Filling 134 monthly ₹8600
TDS Compliance (Tax Deducted at Source) 144 Quarterly ₹16950
TCS Compliance (Tax Collect at Source) 147 Quarterly ₹12955
Advance tax guidelines 117 Quarterly ₹2995
Income Tax filling 105 Annually ₹6185
Annual GST Compliances (GSTR-9,GSTR-04) 146 Annually ₹11985
Free Credit Score 118 Annually ₹2495
Active Support on Tax Refund 114 Annually ₹3965
Income Tax Planning/ Pre-filed paper return 115 Annually ₹5985
IP & Financial Risk Analysis 113 As per Requirement ₹3125
Tax Notices advice 116 As per Requirement ₹13875
Total ₹196645

The terms and conditions apply to the ProMunim of India subscription plans.

The Subscription's Scope and Usage

Services: ProMunim of India offers a comprehensive suite of services tailored to meet the needs of micro, small, and medium enterprises (MSMEs). These services include, but are not limited to, accounting, business financial planning, taxation, compliance, and over 90 other specialized services aimed at facilitating the growth and development of MSMEs.

Subscription Scope: The Subscription Plan entitles clients to access the services selected as outlined in the plan description available on ProMunim of India's website portal. We explicitly delineate the scope of services accessible under the Subscription Plan to ensure clarity and transparency in the client's understanding of the subscription terms.

Acceptance of the Plan

Subscription: By registering and subscribing to a plan via ProMunim of India's website portal, the client explicitly consents to these Terms and Conditions that govern the use of the subscribed services. The act of subscribing implies the client's acknowledgement and understanding of the services included in the chosen plan, thereby constituting acceptance of the terms herein.

The Subscription's Duration and Termination

Duration:The subscription period begins with the client's acceptance of the plan and continues for the duration specified in the selected subscription plan. ProMunim reserves the right to modify the duration of the subscription period at its discretion, subject to prior notification to the client.

Termination:The client retains the prerogative to terminate their subscription at any time by furnishing written notice through the designated client portal. Upon receipt of a termination notice, access to the subscribed services shall cease at the end of the ongoing billing cycle. ProMunim shall not be liable for any refund or compensation following termination, except as stipulated otherwise in these Terms and Conditions or by applicable law.

Price and payment terms

Pricing:The selected plan, the billing cycle (monthly or yearly), and any additional services the client opts for determine the subscription fee. ProMunim reserves the right to revise the subscription fees periodically, with prior notification to the client.

Payment:Clients agree to remit the subscription fee in advance for the selected billing cycle. You can securely make payments using the available payment methods on ProMunim of India's website portal. Failure to make timely payments may result in the subscription being suspended or terminated at the discretion of ProMunim of India.

Operating Stability

Service Availability:While the ProMunim endeavours to maintain optimal service availability and reliability, clients acknowledge that occasional downtime may occur due to scheduled maintenance activities, system upgrades, or unforeseen circumstances beyond the ProMunim's control. ProMunim shall make reasonable efforts to minimize service disruptions and provide advance notice to clients when possible.

Rights

Intellectual Property:The ProMunim retains all rights, title, and interest in the services provided under the Subscription Plan, including any intellectual property and credential rights associated therewith. The subscription period grants clients a limited, non-exclusive, and non-transferable right to access and utilise the subscribed services, provided they comply with these Terms and Conditions.

Liability of ProMunim of India

Limitation of Liability:To the fullest extent permitted by applicable law, ProMunim shall not be liable for any indirect, incidental, consequential, punitive, or special damages arising out of or related to the use or inability to use the subscribed services, including but not limited to loss of profits, data, or business opportunities. ProMunim's total liability under these Terms and Conditions cannot surpass the total amount the client has paid for the subscribed services in the previous twelve (12) months.

The agreement covers data processing, the privacy policy, and confidentiality.

Data Processing:Clients agree to abide by ProMunim of India's Data Processing Agreement, which sets forth the terms and conditions governing the processing of personal data in connection with the subscribed services. We shall construe the Data Processing Agreement as an integral part of these Terms and Conditions.

Clients acknowledge and consent to ProMunim of India's Privacy Policy, which governs the collection, use, and disclosure of personal information provided by clients in connection with subscribed services. The Privacy Policy outlines ProMunim’s practices with respect to data protection and privacy and is accessible on ProMunim of India's website portal.

Confidentiality:ProMunim agrees to keep any confidential information provided by clients in connection with the subscribed services, including but not limited to financial data, business strategies, and proprietary information. We shall protect confidential information against unauthorised disclosure or use, adhering to applicable laws and regulations governing confidentiality and data protection.

System Changes and Feature Updates

Updates:ProMunim reserves the right to make changes to the subscribed services, including but not limited to system upgrades, feature updates, and enhancements aimed at improving functionality, performance, and user experience. We will duly notify clients of any material changes or updates to the subscribed services, providing reasonable advance notice whenever possible.

Medium Business Plan

Work starting date:

2024-04-01


Auto renewal date:

31st March Every Year


Renewal:

2024-04-01


Subscription Price:

₹83460/- year or ₹6955/- month


Annual Value:

₹197840/- (Save ₹114380/-compared to our standard fees)