Tax consultant in Vadodara
Accounting services in Vadodara
Bookkeeping, monthly closing, reconciliations, financial statements and MIS reports — so your tax returns are accurate, your audits are smooth and you always know where the business stands.
Accounting in Vadodara
Business accounting you don’t have to think about
When the books are current, GST returns match, income tax is correct, bank loans move faster and audits take days instead of weeks.
We record your transactions in Tally, Busy, Zoho Books or the software you already use, close the books every month or quarter, reconcile bank and party balances, and send you short reports you can actually read. Your GST and TDS ledgers are kept in step with the returns we file.
Who this is for
- Proprietorships and small businesses
- Traders and distributors
- Manufacturing units and MSMEs
- Partnership firms, LLPs and companies
What’s included
Our Accounting services
Take the full service, or only the part you need.
Bookkeeping
Accurate day-to-day recording of every sale, purchase, expense and receipt.
- Sales, purchase and expense entries
- GST-ready entries with correct tax ledgers
- Cash and petty cash books
- Voucher and document organisation
- Work on your software or ours
Monthly and quarterly accounting
Regular closing keeps small errors from growing into year-end problems.
- Monthly or quarterly closing of books
- Accruals, prepaid expenses and provisions
- Depreciation and fixed asset register
- GST and TDS ledgers matched with returns
- Stock records reconciled with the books
Financial statement preparation
Year-end accounts prepared for tax returns, banks and auditors.
- Profit and loss account and balance sheet
- Schedule III format for companies
- Notes, schedules and supporting workings
- Cash flow statement where required
- Finalisation in time for audit and ITR
Accounts payable and receivable
Know who you owe, who owes you, and when.
- Supplier and customer ledger reconciliation
- Payment schedules and due-date tracking
- Tracking payments to MSME suppliers
- Receivable ageing and follow-up reports
- Balance confirmations
Bank reconciliation
Your bank statement and your books must agree, every month.
- Monthly bank reconciliation statements
- Identifying unrecorded and duplicate entries
- Loan and overdraft account reconciliation
- Cash deposit and withdrawal review
MIS reporting
Short, regular reports that show how the business is really doing.
- Monthly sales, profit and expense summaries
- Receivable and payable ageing
- Cash flow and GST liability forecasts
- Budget vs actual comparisons
- Reports in the format you prefer
Business accounting support
Help with the accounting decisions around your core books.
- Chart of accounts setup for new businesses
- Migration to new accounting software
- Projected financials and data for bank loans
- Support during statutory and tax audits
Good to know
Accounting rules that affect your tax
Rules change often. These are the points we see clients miss most — ask us how they apply to you.
Pay MSME suppliers within 45 days
Amounts owed to micro and small enterprises beyond the agreed period (maximum 45 days) are disallowed as an expense until actually paid.
Cash expenses above ₹10,000
A cash payment above ₹10,000 to one person in a day is generally disallowed as a business expense. Pay through the bank.
Cash receipts of ₹2 lakh or more
Receiving ₹2 lakh or more in cash from one person for a transaction or a single day is prohibited and attracts a penalty equal to the amount.
Audit trail for companies
Companies must use accounting software that keeps an audit trail (edit log) of every change, and the feature cannot be disabled.
Keep records for the required period
Companies must keep books for eight years; GST records must be kept for at least 72 months from the annual return due date.
Books decide your tax audit
Turnover in your books drives tax audit and GST thresholds. Up-to-date accounts let you plan instead of react.
Documents
What to keep ready
We send a checklist specific to your case. These are the documents most often needed.
- Sales and purchase invoices
- Bank statements for all accounts
- Expense bills and cash vouchers
- Salary and payroll details
- Loan statements and sanction letters
- Fixed asset purchase invoices
- Stock or inventory details
- Previous year’s financial statements
Book a Accounting consultation
Tell us what you need and we will confirm the documents, timelines and fee before starting.
Frequently asked questions
Accounting questions, answered
We commonly work on Tally, Busy and Zoho Books, and can adapt to the software you already use. If you do not have one yet, we help you choose and set it up.
Related services
Other ways we can help
Need help with accounting?
Talk to Keyur Associates, your accounting consultant in Vadodara. We will explain what applies to you and share a clear fee quote.