Tax and Compliance • Accounting and Book keeping Services

Accounting and Book keeping Services

Ongoing recording, classification, and reconciliation of a business's financial transactions, along with preparation of financial statements and MIS reports.

Who needs it

Businesses of any size that need accurate books for tax filing, decision-making, audits, or investor/lender reporting.

Authority / law

Guided by Accounting Standards (Ind AS / AS) issued by ICAI

Documents generally required

NA - this is an ongoing service rather than a one-time registration; it uses the business's own transaction records (sales/purchase invoices, bank statements, expense receipts) rather than a fixed document checklist.

FAQs

Is bookkeeping mandatory for all businesses?

Companies and LLPs are statutorily required to maintain books of account; other entities maintain them for tax and management purposes.

How often should books be updated?

Ideally monthly, to ensure accurate GST/TDS compliance and timely financial reporting.