Accounts Management
Monthly or periodic accounting, reconciliations and management summaries for small businesses, startups and companies.
Accounting and Documentation
Bookkeeping
Regular recording of sales, purchases, expenses and bank transactions so your books stay organised and ready for filings.
- Accounting and Documentation
- Regular entries are usually updated within 5–10 working days after each period's documents are received*
About Bookkeeping
Bookkeeping is the routine work of recording every sale, purchase, expense and bank transaction in an organised way. It is not complicated, but it needs to be done consistently. When it falls behind, GST returns, income tax filings and even simple questions like how much a customer owes become harder to answer.
We take care of this routine recording for you on a weekly, monthly or other agreed schedule. You share invoices, bills and bank statements; we record them, keep ledgers organised and tell you when something is missing or unclear.
Who Needs This Service
- Proprietors and home-based businesses without an in-house accountant
- Retailers, traders and service providers with regular invoices and bills
- Startups in their early years that want organised records from the start
- Freelancers and consultants whose business receipts and expenses need to be tracked
- Businesses registered under GST that need their records to support their returns
- Owners who want to spend less time on data entry and more on running the business
Key Benefits
Consistent records
Transactions are recorded on a regular schedule, so nothing piles up before a deadline.
Ready for tax filings
Organised sales and purchase records make GST and income tax filings quicker and more accurate.
Clear party balances
You can see what customers owe you and what you owe suppliers at any point.
Missing-document alerts
We flag entries without supporting bills so you can collect them while they are still easy to find.
Eligibility and Applicability
- Any business that issues invoices, pays suppliers or incurs regular expenses
- Businesses required to maintain books of account under the Income-tax Act, depending on their income or turnover
- Businesses registered under GST, which are expected to maintain records supporting their returns
- Businesses planning to apply for a loan or funding, where lenders or investors may ask for organised records
Whether formal books are legally required depends on your type of business and income or turnover, and the thresholds can change. Even where they are not mandatory, organised records are generally useful.
Documents Commonly Required
Transaction records
- Sales invoices issued during the period
- Purchase bills and expense receipts
- Bank statements for all business accounts
- Cash book or summary of cash transactions, if any
Opening information
- Opening balances or last available trial balance
- List of customers and suppliers with outstanding balances
- GST registration details, where applicable
Document requirements may vary depending on applicant type, location and applicable regulations. We confirm the exact list for your case before you share anything.
Step-by-Step Process
Agree the schedule
We agree how often you will share documents and how they will be sent, such as a shared folder or email.
Set up ledgers
We set up or review your ledgers and enter opening balances.
Record transactions
Sales, purchases, expenses and bank entries are recorded from the documents you share.
Query and clarify
We send you a short list of unclear or unsupported entries to resolve.
Periodic summary
At the end of each period, we share updated ledgers and key balances for your review.
Estimated Timeline and Fees
Estimated timeline
Regular entries are usually updated within 5–10 working days after each period's documents are received
Setting up books for the first time or clearing a backlog takes longer and depends on the volume of pending records.
Professional fee
Our professional fee is usually a recurring monthly amount based on the number of transactions and bank accounts. You receive a written quote before we begin.
Government fees and charges
There is no government fee for bookkeeping. Any accounting software subscription you choose to use is a separate cost.
* Timelines are indicative. They can change because of document verification, queries raised by the authority and government processing times, which are outside our control. Approval is decided by the relevant authority under applicable rules.
Common Mistakes to Avoid
- Keeping bills in bags or email inboxes without any regular recording
- Paying business expenses from a personal account without recording them
- Not recording small cash expenses, which add up over the year
- Entering bank transactions without matching them to invoices or bills
- Not recording credit notes, returns or discounts given to customers
Frequently Asked Questions
How is bookkeeping different from accounts management?
Bookkeeping focuses on recording transactions accurately. Accounts management builds on it with reconciliations, periodic summaries and year-end coordination with your auditor. Many businesses start with bookkeeping and move to accounts management as they grow.
Do I need to send documents every day?
No. Most clients share documents weekly or monthly. We agree a schedule that suits your transaction volume.
Can you work with the documents I already have in spreadsheets?
Usually, yes. We can use your existing records as a starting point and move them into proper ledgers.
Will bookkeeping reduce my tax?
Bookkeeping does not by itself reduce tax. It helps make sure eligible expenses are recorded and supported, so that returns are filed on accurate figures.
Related Services
You May Also Need
GST Return Filing
Preparation and filing of periodic GST returns, including GSTR-1 and GSTR-3B, with input tax credit reconciliation.
Income Tax Return Filing
Preparation and filing of income tax returns for salaried individuals, professionals, freelancers and business owners.
Talk to Our Team
Have a Question About Bookkeeping?
Call, WhatsApp or visit our office. We will explain what applies to you, the documents needed and all charges before you decide.
- Callback during office hours
- Written quote before any work begins
- No obligation to proceed
Speak to an expert
Tell us what you need. We will explain the documents, process and fees before you decide.
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