Accounting & Bookkeeping — Organised Books, Reconciled Records, Monthly Reporting

What is Accounting and Bookkeeping?

Bookkeeping is the systematic recording of every financial transaction your business makes — every invoice raised, every payment received, every expense incurred, every payment made. Accounting organises these records into meaningful summaries — Profit & Loss Statement, Balance Sheet, Cash Flow Summary — that reflect the real financial position of your business.

Most business owners understand what they spent and earned in a rough sense. Bookkeeping converts that rough sense into a precise, verifiable, GST-ready, audit-ready record. The difference matters enormously when you need to file GST returns accurately, compute TDS correctly, apply for a bank loan, prepare for a statutory audit, or answer a query from a tax department.

Disorganised or missing books are one of the most common reasons businesses face notices, pay avoidable penalties, and lose avoidable deductions. The cost of maintaining good books is almost always less than the cost of reconstructing them in a hurry.

Who Needs Professional Bookkeeping Support?

• Startups that have outgrown "one person manages everything" but aren't ready to hire a full-time accountant
• Businesses with more than 20–30 transactions a month where manual tracking becomes error-prone
• Companies preparing for a statutory audit — auditors review books, not reconstruct them
• Businesses applying for a bank loan or overdraft — banks require audited or CA-certified financials
• Any business that has received a GST or income tax notice and needs books in order before responding
• SMEs where the owner wants a monthly Profit & Loss summary to make informed decisions rather than waiting for year-end

What Our Bookkeeping Support Covers

Transaction Recording

• Recording sales invoices, purchase bills, and expense vouchers
• Recording bank receipts and payments
• Recording credit notes, debit notes, and journal entries
• Classification of all transactions into the correct ledger heads

Reconciliation

• Monthly bank reconciliation — matching your books to bank statements
• GST ledger reconciliation — books vs GST portal
• Debtors and creditors reconciliation — outstanding receivables and payables
• TDS receivable and payable reconciliation

Reporting

• Monthly Profit & Loss statement
• Monthly Balance Sheet
• Accounts Receivable aging report (who owes you what, for how long)
• Accounts Payable summary (what you owe and to whom)

Year-End Support

• Trial balance preparation
• Depreciation calculation
• Closing entries and finalisation for audit
• Coordination with your statutory auditor

Software: We work in Tally Prime — the industry standard for Indian businesses. Your books are maintained in a format that any CA auditor can directly access and review.

Our Process

Step 1 — Onboarding: We understand your business structure, GSTIN details, chart of accounts, existing records (if any), and any specific reporting needs.

Step 2 — Monthly Data Collection: You share invoices, purchase bills, bank statements, and salary records by an agreed monthly cut-off — typically by the 7th of the following month.

Step 3 — Entry and Reconciliation: We enter all transactions, reconcile bank accounts, and flag queries on any unclear or missing items within an agreed turnaround.

Step 4 — Monthly Report Delivery: We share the Profit & Loss, Balance Sheet, and receivables/payables summary for your review. Discrepancies are resolved promptly.

Step 5 — Year-End Closure: We prepare the finalised trial balance, depreciation working, and any other schedules needed for audit and income tax filing.

Frequently Asked Questions

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