Small Business Accounting (₹20L–₹1Cr)

Comprehensive accounting and bookkeeping services for small businesses with annual turnover between ₹20 lakhs and ₹1 crore. Ensure accurate financial records, statutory compliance, and reliable financial reporting.

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What is Small Business Accounting (₹20L–₹1Cr)?

Maintaining accurate books of accounts is essential for every growing business to ensure statutory compliance, monitor profitability, manage cash flow, and support informed business decisions. Our Small Business Accounting service is specifically designed for businesses having an annual turnover between ₹20 lakhs and ₹1 crore.

We provide end-to-end bookkeeping, accounting, bank reconciliations, GST reconciliations, debtor-creditor management, preparation of financial statements and periodic management reports. Books are maintained in accordance with the applicable provisions of the Income-tax Act, 1961, Section 44AA, Rule 6F of the Income-tax Rules, 1962 (where applicable), the Goods and Services Tax Acts and generally accepted accounting principles (GAAP).

Our services help businesses maintain audit-ready books, facilitate timely GST and Income Tax compliance, and provide accurate financial information for business growth, loan applications and statutory reporting.

Who needs this?

• Proprietorship Businesses.
• Partnership Firms.
• LLPs.
• Private Limited Companies.
• Retail and Wholesale Traders.
• Manufacturers.
• Service Providers.
• E-commerce Sellers.
• Restaurants, Cafés, and Hospitality Businesses.
• Growing Startups and MSMEs with annual turnover between ₹20 lakhs and ₹1 crore.

What's included

Recording of day-to-day financial transactions.
Journal entries and ledger scrutiny.
Bank, cash and credit card reconciliations.
Sales and purchase accounting.
Expense accounting.
Basic GST reconciliation with accounting records.
Preparation of Trial Balance, Profit & Loss Account and Balance Sheet.
Periodic financial reporting and management support.
Coordination for routine accounting queries.

Not included

GST Return Filing.
Income Tax Return Filing.
Tax Audit under Section 44AB of the Income-tax Act, 1961.

Documents required

Bank Statements.
Sales Invoices.
Purchase Bills.
Expense Bills and Vouchers.
GST Returns and GST Portal Data (if applicable).
Cash Book and Bank Book (if maintained).
Debtors and Creditors Ledger.
Fixed Asset Register.
Loan Statements.
Payroll Summary (if applicable).
Previous Financial Statements and Opening Trial Balance.

Timeline: Initial accounting setup is generally completed within 3–5 working days. Monthly accounting is completed based on transaction volume and timely submission of records by the client. Periodic financial reports are shared as agreed.

Pricing

essential

Professional Fee₹4,999

What's included:

Recording of day-to-day financial transactions.
Journal entries and ledger scrutiny.
Bank, cash and credit card reconciliations.
Sales and purchase accounting.
Expense accounting.
Basic GST reconciliation with accounting records.
Preparation of Trial Balance, Profit & Loss Account and Balance Sheet.
Periodic financial reporting and management support.
Coordination for routine accounting queries.

Not included:

Ready to get started?

We reply within 2 hours, Mon–Sat 10am–7pm.

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