The firm provides accounting and bookkeeping-related services for recording, organizing, reviewing and maintaining financial transactions and supporting documents. Proper bookkeeping supports financial reporting, tax compliance, audit preparation, management review and timely decision-making.
Service areas include maintaining books of account, ledger review, bank reconciliation, party reconciliation, sales and purchase records, expense records, payroll records, VAT and TDS records and periodic accounting reports. The scope is determined after understanding the volume of transactions, accounting system, documentation practices and reporting requirements.
Management remains responsible for approving transactions, providing complete records and complying with applicable laws. Accounting support is carried out based on records and explanations made available to the firm.