Financials Reconciliation

Our One-Time Catch-Up / Financial Reconciliation service is designed for businesses whose books of accounts have not been updated for one or more months or financial years or where financial records require correction before statutory compliance, audits, funding or business reporting.

We review existing accounting records, identify discrepancies, reconcile bank accounts, GST data, debtors, creditors, inventory and statutory ledgers, and update books to ensure accuracy and completeness. Accounting records are reconciled in accordance with the applicable provisions of the Income-tax Act, 1961, the Goods and Services Tax Acts, the Companies Act, 2013 (where applicable), and applicable Accounting Standards (AS) or Indian Accounting Standards (Ind AS).

We also perform reconciliation with GSTR-2B, GSTR-1, GSTR-3B, bank statements, vendor confirmations, customer ledgers, TDS records (where applicable) and financial statements to ensure books are audit-ready and suitable for statutory reporting.

This service is ideal before GST audits, Income Tax filing, statutory audits, due diligence, business sales or loan applications.

• Businesses with pending bookkeeping.
• Proprietorship Firms.
• Partnership Firms.
• LLPs.
• Private Limited Companies.
• Manufacturers and Traders.
• Service Providers.
• E-commerce Businesses.
• Businesses preparing for GST compliance, Income Tax Return filing, Tax Audit, Statutory Audit, or funding.
• Companies with unreconciled bank accounts, GST records or customer/vendor ledgers.