Monthly Bookkeeping
Your sales, purchases and bank entries recorded every month so nothing piles up at year end.
Bookkeeping is the record of what actually happened in your business — every sale, purchase, payment and receipt, classified and reconciled. Everything downstream depends on it: your GST returns, your income tax return, your financial statements and any loan application you make.
The businesses that struggle at year end are almost always the ones that left the books until year end. Reconstructing twelve months of transactions from bank statements is slower, more expensive and far more likely to miss a deduction than recording them as they happen.
Choose a package
Basic
₹18,904 plus GST
- Bank Reconciliation
- GST Reconciliation
- Monthly Bookkeeping
- Financial Reporting
Standard
₹24,604 plus GST
- Bank Reconciliation
- GST Reconciliation
- Monthly Bookkeeping
- Financial Reporting
- ITR Filings
- GST Filings
What monthly bookkeeping covers
- Sales and purchase entries recorded and classified
- Bank and cash reconciliation against statements
- Accounts receivable and payable tracked with ageing
- Expenses classified to the right heads for tax purposes
- Fixed asset register maintained, with depreciation
- GST input and output tax accounts reconciled
- Monthly profit and loss statement and balance sheet
Why it matters beyond compliance
Books kept properly answer questions you will otherwise guess at — which customers owe you money, which products actually make margin, whether this month was better than last.
They also matter when you need something from someone else. A bank assessing a loan, an investor doing diligence, or a buyer valuing your business will all ask for financials, and reconstructed books inspire much less confidence than maintained ones.
Where the tax cost of poor records shows up
- Expenses without supporting documents are disallowed in assessment
- Input tax credit not reconciled in time can be lost permanently
- Cash transactions above the prescribed limits attract disallowance
- Unexplained credits in the bank account can be taxed as unexplained income
- Related party transactions not properly recorded draw scrutiny
How we handle it
- 1 Setting up the chart of accounts Your ledgers are structured around the business so the reports actually tell you something useful.
- 2 Monthly document collection You share bank statements and bills through an agreed channel each month.
- 3 Recording and classification Transactions are entered and classified to the correct heads for both accounting and tax.
- 4 Reconciliation Bank, cash, receivables, payables and GST accounts are reconciled and differences investigated.
- 5 Monthly reporting A profit and loss statement, balance sheet and receivables ageing are sent to you.
- 6 Year-end finalisation Books are closed for the year and handed to the auditor or used directly for the tax return.
Frequently asked questions
Am I legally required to maintain books?
It depends on your structure and turnover. Companies and LLPs must maintain books regardless. Individuals and firms must once income or turnover crosses the thresholds in the Income Tax Act, unless taxed presumptively.
How long must records be kept?
Generally six years from the end of the relevant assessment year under the income tax law, and six years under GST. Keep them longer where a matter is under dispute.
Can you work with my existing accounting software?
Yes. We work in whatever you already use rather than forcing a migration, unless you actively want to change.
What if my books are years behind?
We reconstruct from bank statements and available documents, oldest first. It is more work than current bookkeeping but usually recovers deductions and credits that would otherwise be lost.
Do you also file the returns?
Yes. Bookkeeping feeds directly into GST returns, TDS returns and the income tax return, and most clients have us handle both so the figures reconcile.
What is not included. Government fees, statutory charges, stamp duty, court and registry fees, digital signature costs and any third-party professional charges are separate and payable at actuals. GST applies on professional fees where indicated. Prices shown are indicative and may change without notice; we confirm the total in writing before any work begins — see our terms on pricing.
Talk to us about Monthly Bookkeeping
Share your requirement and our team will confirm the documents needed, the exact charges and a realistic timeline — usually the same working day.
- Expert document checking before submission
- Regular status updates on WhatsApp
- Transparent professional charges
- Assistance in Marathi & English
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