Monthly Accounting & Bookkeeping
Accounting and bookkeeping services are related to your company or business. It is a critical component of any type of company or business in India.
Bookkeeping is essentially a process in which you must keep track of all records pertaining to income and expenses. Accounting is similar to bookkeeping in that we must interpret financial records in order to make strategic business decisions such as turnover, expenses, and so on.
Accounting and bookkeeping both required commerce-based knowledge of entries such as debit and credit, as well as solid knowledge of financial records. As a result, all small businesses, startups, and companies required accounting and bookkeeping services from professionals such as CA, CS, and accountants, among others.
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Our Process
What is Accounting & Bookkeeping Services ?
Accounting and bookkeeping services are related to your company or business. It is a critical component of any type of company or business in India.
Bookkeeping is essentially a process in which you must keep track of all records pertaining to income and expenses. Accounting is similar to bookkeeping in that we must interpret financial records in order to make strategic business decisions such as turnover, expenses, and so on.
Accounting and bookkeeping both required commerce-based knowledge of entries such as debit and credit, as well as solid knowledge of financial records. As a result, all small businesses, startups, and companies required accounting and bookkeeping services from professionals such as CA, CS, and accountants, among others.
- income statement
- balance sheet
- cash flow statement
- Record All Incoming Cash
- Review Accounts Payable Records
- Reconcile All Accounts
- Don’t Forget Petty Cash
- Review Your Fixed Assets
- Perform an Inventory Count
- Collect and Review Financial Documentation
- Plan Ahead
- Create a chart of accounts. Your chart of accounts serves as the foundation of your business and is essential for effective transaction recording.
- Recording Financial Transactions
- Reconciliation.
- Finish the month and prepare financial statements.