Monthly, quarterly and annual bookkeeping — Recording, classifying and reviewing sales, purchases, expenses, receipts, payments, journal entries, provisions, accruals, prepaid expenses, depreciation and other accounting transactions.
Multi-platform accounting support — Accounting operations on TallyPrime, BUSY, Zoho Books, Oracle, SAP Business One, SAP and customised accounting or ERP software, based on the client’s operational and reporting requirements.
Chart of accounts and ledger governance — Design, review and maintenance of an appropriate chart of accounts, cost centres, profit centres, ledger groups and accounting policies to support meaningful reporting.
Accrual-based accounting — Recognition of income and expenditure in the appropriate reporting period, including accrued expenses, provisions, receivables, prepaid costs, deferred items and other relevant adjustments.
Bank-account reconciliation — Periodic reconciliation of bank statements with books of account, identification of unreconciled items and support for resolving differences.
Inventory reconciliation — Reconciliation of inventory records with books of account, stock statements, purchase and sales records, warehouse reports and other available operational data.
Receivables and payables reconciliation — Customer and vendor ledger reconciliation, ageing review, outstanding-balance analysis and support for identification of long-pending or disputed entries.
Fixed-asset register management — Preparation and maintenance of fixed-asset registers covering asset identification, acquisition date, location, cost, capitalisation, depreciation, additions, disposals and supporting documentation.
Periodic financial closing — Monthly, quarterly and annual closing support, including ledger scrutiny, adjustment entries, balance confirmation support, provisions, depreciation, inventory adjustments and financial review.
Financial statement preparation support — Preparation and finalisation support for the Statement of Profit and Loss, Balance Sheet, Cash Flow Statement, notes to accounts and related schedules, subject to the applicable framework and client/auditor requirements.
AS and Ind AS support — Assistance in preparing financial information with reference to applicable Accounting Standards or Ind AS requirements, including disclosures and accounting treatment support within the agreed engagement scope.
Management information and performance reporting — Preparation of MIS, profitability reports, cost-centre reports, cash-flow reports, working-capital analysis, budget-versus-actual reports and other management dashboards.
Audit-ready books and documentation — Structured accounting records, reconciliations, schedules and supporting documents to facilitate statutory audit, tax audit, internal audit, due diligence and management review.
Accounting process improvement — Review of accounting workflows, approval processes, documentation controls, maker-checker practices and reporting timelines to improve accuracy, accountability and efficiency.
Transition and clean-up support — Migration from manual records or legacy software, opening-balance review, ledger clean-up, backlog accounting, historical reconciliation and accounting-system implementation support.
Management-ready MIS that converts accounting data into actionable financial information.
ISO 9001:2015 quality orientation consistent with AccountsUp’s certified scope covering financial accounting and record-management services.