Bookkeeping is the systematic recording, classifying, and reconciling of every business transaction — sales, purchases, receipts, payments, payroll, and journals — into the company's books of account. Under Section 128 of the Companies Act 2013 and Section 44AA of the Income-Tax Act 1961, every company and most businesses crossing prescribed turnover / income thresholds are required to maintain books of account on an accrual basis using the double-entry system at the registered office (or any other notified place) for a minimum of 8 financial years.
Modern bookkeeping is delivered through cloud + desktop platforms — Tally Prime, Zoho Books, QuickBooks, Xero, SAP B1, and Marg — integrated with bank feeds, GSTN, e-invoicing portal, and payroll systems. Clean books are the bedrock of GST, TDS, income-tax, statutory audit, investor diligence, and MIS-driven decision-making. Our bookkeeping services cover daily transaction posting, bank / vendor / customer reconciliation, GST / TDS workings, payroll JVs, fixed-asset register, AR / AP ageing, monthly MIS, and year-end finalisation — for proprietorships, LLPs, private and public companies across all industries.
Daily / weekly / monthly recording of sales, purchase, receipt, payment, journal, and contra entries — voucher-wise capture in Tally / Zoho Books / QuickBooks with GST & TDS tagging.
Monthly bank reconciliation, vendor / customer ledger reconciliation, GSTR-2B vs purchase, GSTR-1 vs sales, TDS 26AS vs books, and inter-company reconciliations.
Vendor bill booking, GRN / PO match, payment scheduling, expense approval workflow, customer invoicing, ageing analysis, collection follow-up, and DSO / DPO tracking.
Monthly payroll JV, salary register, EPF / ESI / PT / TDS challans, Form 16 / 12BB / 24Q, full-and-final settlement, and reimbursement / advance ledgers.
Asset master with location / custodian / barcode, capitalisation entries, depreciation (Sch II / Sec 32), additions / disposals, impairment, and physical verification reconciliation.
Stock-item master, batch / serial / godown, GRN / delivery, inter-godown transfer, stock valuation (FIFO / Weighted Avg), physical-stock reconciliation, and inventory MIS.
Monthly P&L, balance sheet, cash flow, AR / AP ageing, working-capital cycle, GST liability, TDS payable, and customised dashboards for promoters / CFOs / boards.
Year-end provisions, prepaid / accruals, depreciation run, deferred tax, schedule-III mapping, audit schedules, financial statements, and handover to statutory / tax auditor.
Every company must keep proper books of account on an accrual basis and double-entry system at the registered office (or any other notified place) — kept for at least 8 financial years.
Every transaction has equal debit and credit entries; assets / expenses are debited and liabilities / income are credited — keeps the trial balance & balance sheet always in balance.
Income-tax law mandates books for businesses crossing income or turnover thresholds (₹1.2 lakh income / ₹10 lakh turnover for non-specified, lower for specified professions).
Tax audit applies above ₹1 cr business turnover (₹10 cr if cash transactions ≤ 5%) or ₹50 lakh professional gross receipts — books must support 3CA / 3CD reporting.
Mandatory registers — sales, purchase, stock, input tax credit, output tax — kept at every place of business for at least 72 months from the due date of the annual return.
Companies Act prescribes the format of Balance Sheet and P&L through Schedule III — divisions for current / non-current, expense classification, and notes structure.
Indian Accounting Standards (Ind-AS) for listed and large unlisted companies; Accounting Standards (AS) for others — govern recognition, measurement, and disclosure.
From 1 April 2023, every company using accounting software must use software with an audit trail (edit log) feature, recording every change with timestamp — disclosed in audit report.
End-to-end remote bookkeeping on Zoho Books, QuickBooks, Xero, or Tally on Cloud — voucher posting, bill capture, OCR scanning, and approval workflows.
Desktop / on-prem bookkeeping on Tally Prime, SAP B1, or Marg — multi-company, multi-godown, batch / serial inventory, GST / e-invoice, and audit-trail compliance.
Tax-tagged voucher entry, GSTR-1 / 3B / 9 working files, GSTR-2B reconciliation, RCM entries, TDS Sec 194 ledger, 26Q / 24Q workings, and quarterly returns.
Bank-feed integration, daily / weekly bank reconciliation, multi-bank consolidation, FX revaluation for foreign accounts, and BRS sign-off file.
Vendor bill booking with PO / GRN match, customer invoicing & e-invoicing, ageing analysis, payment runs, dunning workflow, and DSO / DPO MIS.
Salary register, payroll JV, EPF / ESI / PT / TDS challans, Form 16 / 12BB / 24Q, reimbursements, advances / loans, and F&F settlement entries.
Block-wise asset master, capitalisation, depreciation (Sch II / Sec 32), additions / disposals / impairment, physical-verification reconciliation.
Multi-godown inventory, batch / serial / FIFO / WAC valuation, GRN / DC, inter-godown transfer, physical-stock recon, and slow-moving / non-moving MIS.
Monthly P&L / BS / CF, working-capital cycle, GST & TDS dashboards, KPI reporting, board-quality MIS pack, and budget-vs-actual variance.
Provisions / accruals / prepaid / deferred entries, depreciation run, schedule-III mapping, audit schedules, draft financials, and statutory-auditor handover.
Chart of accounts design, opening balance migration, Tally → Zoho / QB migration, masters cleanup, GST / TDS configuration, and audit-trail enablement.
Multi-month / multi-year backlog clearing, opening balance build, GST / TDS reconciliations, missing voucher reconstruction, and audit-readiness.
Set up chart of accounts, software, opening balance, GST / TDS configuration, and policies from Day-1 to avoid expensive cleanups later.
Crossed ₹1 cr / ₹10 cr / ₹50 lakh threshold — tax audit triggered; books must support 3CA / 3CD with reconciliations and ledger schedules.
Books not posted for several months — GST returns filed but books unmatched; structured catch-up with reconciliation pack.
Auditor demanding ledger schedules, BRS, GST / TDS reconciliation, depreciation working — gap-cure and audit-pack delivery.
VC / PE / lender / acquirer asking for last 3 years of P&L / BS / CF, GST recon, TDS recon — diligence-grade clean-up.
Migrating from Tally to Zoho / QuickBooks / Xero / SAP — chart-of-accounts redesign, opening-balance carry, masters cleanup, and parallel run.
Bookkeeper / accountant resigned — handover bridge, immediate continuity, knowledge transfer, and ongoing retainer setup.
Multi-branch / multi-entity / multi-state operations — consolidation, inter-branch / inter-company recon, GSTIN-wise books, and group MIS.
Software selection, chart of accounts, opening balance, master setup, GST / TDS config, audit-trail enablement, and SOP documentation.
Voucher posting, bank-feed import, GRN / PO match, GST / TDS tagging, expense approvals, and exception logging.
BRS, vendor / customer recon, GSTR-2B match, TDS recon, payroll JV, depreciation, accruals, and provisional MIS.
P&L / BS / CF / ageing pack, KPI dashboard, variance vs budget, board-quality MIS, and CFO review call.
Year-end provisions, schedule-III mapping, audit schedules, draft financials, auditor handover, and FY rollover.
Partner with our bookkeeping team for end-to-end accounting on Tally / Zoho / QB / Xero / SAP — daily posting, monthly reconciliation, audit-ready year-end pack for FY 2026–27.
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