Bookkeeping And Accounting Service

Bookkeeping And Accounting Service

Running a business requires your full attention — from managing clients and operations to driving growth and innovation. However, handling bookkeeping and accounting can often be time-consuming and complex, especially when it involves compliance with Indian accounting standards. That’s where our platform steps in to simplify the process for you.

We help you stay focused on what truly matters — growing your business — while a network of experienced professionals takes care of your financial records. Our trusted experts handle everything from daily bookkeeping and expense tracking to account reconciliation and financial reporting. They ensure that your books are always accurate, organized, and updated according to the latest Indian regulations.

Daily and monthly bookkeeping

• •   Recording sales and purchase invoices
• •   Updating cash and bank transactions
• •   Tracking daily expenses and receipts
• •   Maintaining petty cash records
• •   Ensuring every transaction has a proper receipt or invoice
• •   Bank and credit card reconciliation
• •   Reviewing invoices and payments
• •   Generating profit & loss statements

Preparation of ledgers and trial balances

The preparation of ledgers and trial balances is an essential part of accounting that ensures accuracy and organization in financial records. A ledger records all transactions under specific accounts like cash, sales, or expenses, helping businesses track financial activities easily. Entries from the journal are transferred to these ledgers on debit and credit sides, following the double-entry system. After balancing each account, a trial balance is prepared, listing all ledger balances to confirm that total debits equal total credits:

Accounts payable and receivable management

• •   Invoice Processing & Tracking
• •   Payment Scheduling & Processing
• •   Expense Tracking & Reporting
• •   Invoice Create
• •   Payment Collection & Follow-up
• •   Account Reconciliation

Reconciliation

• •   Balance sheet
• •   Supplier/Customer Ledgers
• •   Bank & Credit card

General Ledger

• •   Record the bank transactions
• •   Record the expense
• •   GST Retrun

Balance sheet and profit & loss

A Balance Sheet is a financial statement that shows a company’s assets, liabilities, and equity at a specific point in time. It provides a snapshot of the company’s financial position, helping stakeholders understand what the business owns and owes. A Profit & Loss (P&L) Statement summarizes a company’s revenues, expenses, and profits or losses over a specific period. It shows how well the business performed, highlighting income generation and cost management.

Cloud accounting setup (Tally, Zoho Books, QuickBooks, etc.)

Cloud accounting involves using online accounting software to manage a business’s financial transactions and records. Tools like Tally, Zoho Books, and QuickBooks allow businesses to record sales, expenses, invoices, and payroll in real time, accessible from anywhere. Setting up cloud accounting ensures accurate bookkeeping, automated reports, and compliance with accounting standards. It simplifies financial management, improves efficiency, and provides real-time insights for better business decisions.