Corporate Accounting

Corporate Accounting Services

Corporate Accounting involves maintaining accurate financial records, preparing statutory financial statements, and ensuring continuous regulatory compliance for companies. Outsourcing corporate accounting to professionals allows businesses to focus entirely on growth while ensuring their finances are managed with precision and integrity.

About Corporate Accounting

Every company registered under the Companies Act, 2013 is required to maintain books of accounts from the date of incorporation. These records form the foundation for statutory audits, MCA annual filings, income tax assessments, GST reconciliations, and management decision-making. Professional corporate accounting ensures that your books are always audit-ready and compliant.

Services Included

• Day-to-day bookkeeping and accounting entries in Tally, QuickBooks, or Zoho Books.
• Preparation of monthly financial statements — Profit & Loss, Balance Sheet, and Cash Flow Statement.
• Monthly Bank Reconciliation Statements (BRS).
• Accounts Payable management — vendor bill processing, payment scheduling, and reconciliation.
• Accounts Receivable management — invoice tracking, follow-ups, and aging analysis.
• Monthly and quarterly Management Information System (MIS) reports.
• Fixed Asset Register (FAR) maintenance and depreciation computation.
• GST Input Tax Credit (ITC) reconciliation with GSTR-2A/2B.
• TDS ledger maintenance and quarterly TDS return support.
• Coordination with statutory auditors during annual audit.
• Year-end closing entries and finalization of accounts.

Benefits

• Accurate and up-to-date financial records — always audit-ready.
• Timely statutory compliance — GST, TDS, MCA filings never missed.
• Better financial decision-making with real-time MIS data.
• Significant cost savings compared to maintaining in-house accounting staff.
• Reduced risk of financial errors, fraud, and accounting misstatements.
• Seamless investor reporting and due diligence support.

Who Needs Corporate Accounting?

• Private Limited Companies and Public Limited Companies.
• LLPs and Partnership Firms with significant transaction volumes.
• Startups post-incorporation needing a complete accounting setup.
• Companies with high transaction volumes requiring monthly MIS reporting.
• Businesses preparing for statutory audit, investor due diligence, or fundraising.

Software We Support

• Tally ERP 9 / TallyPrime — most popular in India.
• Zoho Books — ideal for startups and SMEs.
• QuickBooks — popular for international businesses.
• SAP / Oracle — for large enterprises (coordination support).
• Microsoft Dynamics — for mid-large businesses.