Accounting & Bookkeeping

Accounting in 2026 is no longer a back-office function — it is the operating ledger that decides cash, taxes, compliance, and credibility. Every Indian business that misses the discipline pays a price: bank loans rejected for incomplete books, GST notices for unreconciled returns, scrutiny notices for AIS / 26AS mismatch, MSME-payment delays under Section 16 of the MSMED Act, working-capital surprises that derail growth, and audit issues at year-end that take 3 months to resolve. The cost of clean monthly accounting is small; the cost of dirty books is structurally large.

By 2026, the architecture is digital and mature — Tally Prime, Zoho Books, QuickBooks Online, SAP Business One, NetSuite at the entity level; e-invoicing through IRP (₹5 crore+ turnover), automated GST returns, TDS auto-population, AIS / 26AS reconciliation through the IT portal, and Bank Statement APIs feeding directly into accounting tools. Done correctly, monthly closing happens within 7 working days of month-end; books are perpetually audit-ready; statutory compliance is calendar-driven; and the founder / management has real-time financial visibility through dashboards. Done poorly, the same compliance creates panic, penalties, and lost time.

We provide end-to-end accounting and bookkeeping — books maintenance, GST / TDS / payroll compliance, MIS reporting, statutory audit support, and tax-return preparation — for SMEs, startups, NRIs, HNIs, and growing companies across all industry sectors.

What's Inside Comprehensive Accounting

• Books of Accounts:: Daily transaction entry, bank / credit card reconciliation, accruals, prepaid, fixed asset register, depreciation schedule, journal entries.

• GST Compliance:: GSTR-1 (outward), GSTR-3B (monthly summary), GSTR-9 (annual), GSTR-9C (reconciliation, where applicable), e-way bills, e-invoicing, ITC reconciliation against GSTR-2A / 2B, refund applications.

• TDS / TCS Compliance:: Monthly TDS deposit (challan 281), quarterly returns (24Q salary, 26Q non-salary, 27Q non-resident), Form 16 / 16A issuance, TDS reconciliation through TRACES.

• Payroll:: Salary computation, statutory deductions (PF / ESIC / PT / TDS), pay slips, statutory challan deposits, gratuity, leave encashment.

• MSMED Act Compliance:: 45-day vendor payment discipline, MSME dues disclosure in financial statements, interest computation under Section 16 (compound interest at 3x bank rate for delays).

• Income Tax Compliance:: Advance tax computation and deposits, ITR preparation (ITR-3 / 4 / 5 / 6 depending on entity), Schedule capital gains, Schedule FA (foreign assets).

• Statutory Audit Support:: Year-end financial statements under Schedule III, working papers, ledger scrutiny, sample selection, auditor coordination.

• MIS & Dashboards:: Monthly P&L, balance sheet, cash flow, KPI dashboards, variance analysis, board / investor reporting.

The Operating Cadence

• Daily / Weekly:: Transaction entry, bank reconciliation (twice weekly), invoice tracking, payment processing.

Monthly Closing (Within 7 Working Days of Month-End):
Trial balance lock, accruals, prepaid, depreciation, GST / TDS computation, payroll, MIS pack delivered.

• Quarterly:: TDS returns, advance tax payment, GST quarterly review, working capital tracking, KPI dashboard refresh.

• Half-Yearly:: MGT-7 / AOC-4 preparation begins; statutory audit kick-off; tax-loss harvesting planning.

• Annual:: Year-end closing, statutory audit, ITR preparation, GSTR-9 / 9C, MGT-7 / AOC-4 filings, MSME-1 disclosures.