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B Choudhary & AssociatesChartered Accountants
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Financial Advisory
Expected Timeline: Ongoing Monthly Service

Accounting and Bookkeeping

Real-time financial visibility with automated, cloud-based bookkeeping and MIS analytics.

Overview & Regulatory Scope

Accurate books of accounts form the bedrock of business decision-making and statutory audit compliance. B Choudhary & Associates offers virtual accounting teams to record transactions, categorize expenses, track accounts receivable, perform bank reconciliations, draft monthly Management Information System (MIS) reports, and prepare year-end balance sheets adhering to Indian GAAP and Ind AS standards.

Key Strategic Benefits

Save up to 60% compared to hiring in-house senior accounting personnel
Real-time financial dashboard on cloud platforms (Zoho Books, QuickBooks, Tally Prime)
Strict monthly closing routines ensuring error-free statutory filings
Automated accounts receivable tracking improving cash flow collection
Auditor-ready books reducing audit queries and delays

Eligibility Criteria & Scope

  • Startups needing investor-grade monthly financial reports
  • SMEs wanting to upgrade from manual ledger books to cloud accounting
  • E-commerce sellers managing high-volume transaction feeds
  • Foreign entities managing Indian branch accounting

Checklist of Required Documents

1Monthly Bank Statements (PDF / CSV format)
2Sales and Purchase Invoices / Bills
3Payment receipts and expense vouchers
4Payroll summary reports and TDS statements
5Previous year finalized Balance Sheet & Trial Balance

Step-by-Step Execution Workflow

1

System Setup & Chart of Accounts

Configure custom Chart of Accounts on Tally/Zoho Books tailored to your industry.

2

Daily/Weekly Transaction Processing

Post sales invoices, purchase bills, expenses, and bank feeds with proper tax tagging.

3

Reconciliation & Closing

Execute monthly bank, GST, TDS, and inter-company reconciliations.

4

MIS Reporting & Financial Finalization

Deliver monthly P&L, Cash Flow, AR/AP Aging reports, and annual balance sheet.

Transparent Retainer & Fee Packages

Select a standardized package or request a custom proposal.

Starter Accounting

₹3,500 / mo

For micro-businesses with low transaction volume.

  • Up to 100 accounting entries / month
  • Bank reconciliation
  • Quarterly P&L and Balance Sheet
  • TDS & GST ledger matching
Most Popular

Growth Accounting

₹7,500 / mo

Standard plan for growing companies needing monthly MIS.

  • Up to 400 entries / month
  • Cloud accounting software management
  • Monthly MIS report (P&L, Cash Flow, AR/AP)
  • Accounts Payable bill payment setup
  • Year-end audit file preparation

Virtual Finance Team

Custom Retainer

Full outsourced finance department solution.

  • Dedicated Senior Accountant + CA Supervisor
  • High volume / E-commerce multi-channel recording
  • Weekly Cash Flow forecasting
  • Direct coordination with Statutory Auditors
  • Bi-weekly CFO alignment meetings
Clear Answers

Service-Specific Questions

Common questions about Accounting and Bookkeeping

We work extensively across Tally Prime, Zoho Books, QuickBooks, Xero, SAP Business One, and custom ERP systems.

Need Direct CA Assistance?

Book a 15-minute diagnostic call with our Senior Managing Partner to clarify regulatory rules, documents, and fee estimates.

Book Consultation
ICAI Peer Reviewed Partner Oversight
Avg Response Time: 2 Business Hours
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