Bank reconciliation
Match your bank statement with your books and find what is missing on either side.
Tally bookkeeping
Complete books kept in Tally, reviewed every month and ready for filing.
About Tally bookkeeping
Good books are the base for every return and every loan. We maintain your accounts in Tally: sales, purchases, expenses, bank and cash entries, GST and TDS ledgers, and fixed assets. Entries are reviewed each month so that errors are found while they are still easy to fix.
You get regular reports on profit, outstanding receivables and payables, and cash and bank position. At the year end the books are ready for the financial statements and the tax return.
Who needs it
- Small and mid-sized businesses without an in-house accountant
- Businesses whose books are behind or mixed up
- Owners who want monthly numbers without maintaining software themselves
Documents required
To start
- Previous year's Tally data or trial balance with opening balances
- Chart of accounts and stock list
- Bank account details and statements
- List of customers and suppliers with GSTIN and PAN
Every month
- Sales and purchase invoices and expense bills
- Bank statements and cash vouchers
- Salary sheet and loan statements
- Any new agreements, assets bought or loans taken
Exact requirements can vary with your case and the authority. We confirm the final list when you contact us, so you collect everything once.
How we do it
- Set upWe set up the company, ledgers and GST and TDS configuration in Tally.
- RecordEntries are made from the documents you send.
- ReconcileBank, GST and party balances are reconciled.
- Review and reportA monthly report and a list of open queries are shared with you.
Time it takes
Set up in about 1 week. Monthly books are generally closed within 7 to 10 days after the month end.
Frequently asked questions
Can you work with my existing Tally data?
Yes. We continue from your last closing balances.
Do you handle past backlog?
Yes. We can clear pending periods in stages and tell you the time needed after seeing the data.
Related services
Financial statements
Balance sheet and profit and loss prepared in a standard format with notes and schedules.
Monthly GST returns
GSTR-1, GSTR-3B and other GST returns prepared and filed before the due date.