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Accounting Services

Accounting Services

Accounting is the backbone of every business. Accurate accounting not only ensures statutory compliance but also provides management with reliable financial information for decision-making, planning, and growth. Poor or incorrect accounting can lead to compliance issues, cash flow problems, audit difficulties, and wrong business decisions.

At TaxBharat Management Consultancy Pvt. Ltd., we provide comprehensive Accounting Services designed to maintain accurate books of accounts, ensure regulatory compliance, and deliver meaningful financial insights tailored to the needs of Indian businesses. Our accounting services focus on accuracy, transparency, compliance, and consistency, helping businesses maintain financial discipline and operational control.

Scope of Accounting Services

Our accounting services cover the complete accounting lifecycle, from transaction recording to financial reporting and support during audits and assessments.

 

Bookkeeping & Day-to-Day Accounting

Proper bookkeeping is the foundation of accurate financial reporting. We ensure that all financial transactions are recorded correctly and systematically.

 

Our Bookkeeping Services Include:

  • Recording of day-to-day financial transactions
  • Maintenance of cash book, bank book, and general ledger
  • Classification of income and expenses
  • Vendor and customer ledger maintenance
  • Bank reconciliation statements

We ensure that books of accounts are up-to-date, accurate, and audit-ready.

 

Preparation of Financial Statements

Financial statements provide a clear picture of a business’s financial health and performance.

 

Our Services Include:

  • Preparation of Profit & Loss Account
  • Balance Sheet preparation
  • Cash Flow Statements
  • Notes to accounts and schedules

All financial statements are prepared in accordance with applicable accounting standards and statutory requirements in India.

 

MIS & Management Reporting

Management Information System (MIS) reports help business owners and management make informed decisions.

 

Our MIS Services Include:

  • Monthly / quarterly MIS reports
  • Expense and cost analysis
  • Revenue and profitability analysis
  • Budget vs actual comparison
  • Customized reports based on management needs

These reports provide actionable insights beyond statutory compliance.

 

Accounting Compliance Support

Accounting is closely linked with tax and regulatory compliance. We ensure that accounting records support compliance requirements.

 

Compliance Support Includes:

  • GST-related accounting support
  • TDS/TCS accounting assistance
  • Support during income tax assessments
  • Coordination with auditors during statutory or internal audits

We ensure accounting records align with tax returns and statutory filings.

 

Payroll Accounting Support

Accurate payroll accounting is essential for employee compliance and cost management.

 

Our Payroll Accounting Support Includes:

  • Salary accounting entries
  • Statutory deductions accounting (PF, ESI, etc.)
  • Reconciliation of payroll expenses
  • Support for payroll-related compliance

 

Accounting Review & Clean-Up Services

Many businesses face issues due to incomplete or incorrect accounting records.

 

Our Accounting Review Services Include:

  • Review of existing books of accounts
  • Identification of errors and inconsistencies
  • Rectification and clean-up of accounts
  • Reconciliation with tax and statutory records

This service is especially useful before audits, funding, or compliance reviews.

 

Accounting Software & System Support

We assist businesses in adopting and using accounting systems effectively.

 

Services Include:

  • Advisory on accounting software selection
  • System setup and chart of accounts
  • Process standardization
  • Data migration support

Our objective is to create efficient and reliable accounting systems.

 

Our Accounting Approach

We follow a structured and disciplined accounting approach:

 

1. Understanding Business Operations

We understand the nature of business, transaction volume, and compliance requirements.

 

2. Systematic Recording

Transactions are recorded accurately and consistently.

 

3. Review & Reconciliation

Periodic reviews and reconciliations are conducted to ensure accuracy.

 

4. Reporting & Insights

Financial reports and MIS are prepared to support decision-making.

 

5. Ongoing Support

Continuous support is provided as business operations evolve.

 

Benefits of Professional Accounting Services

  • Accurate and reliable financial records
  • Improved compliance with tax and regulatory requirements
  • Better cash flow and expense control
  • Clear financial visibility for management
  • Smooth audits and assessments
  • Reduced risk of errors and penalties

 

Why Choose TaxBharat for Accounting Services?

  • Experienced accounting professionals
  • Strong understanding of Indian accounting and tax laws
  • Accurate, timely, and reliable service
  • Ethical and confidential handling of data
  • Customized accounting solutions

We aim to be a long-term accounting partner, not just a service provider.

 

Who Can Benefit from Our Accounting Services?

  • Startups and new businesses
  • Small and medium enterprises
  • Partnership firms and LLPs
  • Private Limited companies
  • Professionals and consultants