Acculex manages your day-to-day bookkeeping โ recording every transaction, reconciling every bank account, and maintaining GST-compliant books โ so your finances are always accurate, audit-ready, and insightful.
Bookkeeping is the systematic recording, organizing, and maintaining of all financial transactions of a business โ every sale, purchase, payment received, expense incurred, and bank transfer. It forms the foundation of every financial decision, tax filing, and audit your business will ever face.
Under Section 128 of the Companies Act, 2013, every company must maintain proper books of accounts in a double-entry bookkeeping system at its registered office. Under the Income Tax Act and GST Act, all businesses above prescribed limits must maintain books โ and failure to do so attracts penalties and estimated assessments by authorities.
Most business owners discover the cost of poor bookkeeping too late โ during a GST audit, bank loan application, or income tax scrutiny. Missed ITC claims due to unrecorded purchase invoices, unexplained bank credits, wrong expense categorization, and cash-profit mismatches are all symptoms of poor books. Clean, current bookkeeping prevents all of these โ and saves far more in avoided penalties and missed credits than it costs.
Every sale, purchase, expense, receipt, and payment recorded accurately in the correct ledger account. Invoices classified by nature (capital/revenue), tax type, and cost center. No transaction left unrecorded at month-end.
Monthly reconciliation of all bank accounts โ matching every bank statement entry to the books. Uncleared cheques, unpresented deposits, bank charges, and ECS transactions identified and cleared. All accounts reconciled by the 5th of the following month.
Recording of all vendor invoices โ with GSTIN, HSN/SAC, and ITC eligibility validation. Vendor outstanding reports, ageing analysis, and due date tracking. MSME vendor payment monitoring to ensure Section 43B(h) compliance within 15/45 days.
Recording of all customer invoices and payments received. Customer outstanding reports, age-wise debtor analysis, and collection follow-up reports. Advance receipt tracking and adjustment postings.
Every transaction recorded with correct GST rates, GSTIN details, and ITC eligibility classification. Sales and purchase registers maintained in GST-filing format. GSTR-2B reconciliation with purchase books done monthly โ ITC mismatches flagged proactively before return filing.
Petty cash register maintained with daily vouchers. Monthly reconciliation of physical cash vs books. Cash payment limits (โน10,000 per day per Section 40A(3)) monitored to ensure tax deductibility of expenses.
Recording of stock movements โ purchases, sales, write-offs, returns, and adjustments. Monthly closing stock valuation (FIFO/Weighted Average as applicable). Stock register maintained as required by GST law for audit purposes.
Loan account reconciliation with lender statements. Fixed asset register maintenance โ additions, disposals, and depreciation computation (both Income Tax WDV method and Companies Act SLM method).
Every month, we close the books and deliver: Trial Balance, P&L Statement, Balance Sheet, Outstanding debtors/creditors report, bank reconciliation statements, and a summary management report โ all by the 10th of the following month.
We adapt to the accounting software your business already uses โ or recommend the best option for your business size and nature. Our team is proficient in all major platforms.
If your business doesn't have bookkeeping software yet, we help you select the right platform based on: business size and transaction volume, industry type, budget, and whether you need cloud access or desktop software. We handle complete setup, chart of accounts configuration, GST settings, and migration of any existing data โ in 5โ7 working days.
We understand your business โ nature of transactions, GST registration, bank accounts, existing software, current state of books. We set up the chart of accounts, GST masters, and reporting structure tailored to your business. If books are in arrears, we do a catch-up bookkeeping exercise first.
You share: bank statements, sales invoices, purchase bills, expense vouchers, and any other relevant documents โ via WhatsApp, email, or a shared Google Drive folder. We send you a monthly reminder and specific document checklist so nothing is missed.
Our bookkeeper records every transaction with correct accounts, GST treatment, TDS applicability, and cost center. Bank reconciliation completed. GSTR-2B matched with purchases. Queries (if any) sent to you for clarification โ typically within 2 working days of receiving data.
Every month, a qualified CA reviews the completed books โ checking for: correct expense categorization, ITC eligibility, TDS applicability, and any unusual entries that may need your attention. This second-level review ensures audit-ready accuracy.
By the 10th of every month, you receive: Trial Balance, P&L Statement, Balance Sheet, Bank Reconciliation Statement, Debtors Ageing Report, Creditors Ageing Report, and a management summary note. All in PDF + Excel format. Ready to use for GST filing, business decisions, and bank reporting.
Section 128 makes bookkeeping mandatory. Needed for statutory audit, ROC filing, and Income Tax returns.
Tax audit mandatory above โน1Cr turnover. Clean books needed for ITR, GST, and loan applications.
Multi-platform revenue, marketplace TDS deductions, and inventory reconciliation require structured bookkeeping.
Above โน20L service income attracts GST. Track expenses for deductions, compute advance tax, maintain clean ITR history for loan eligibility.
Inventory management, COGS computation, GST ITC reconciliation โ all need proper books. Tax audit typically mandatory.
FEMA compliance, repatriation documentation, and parent company reporting all require clean, well-maintained Indian books.
Pricing is based on your monthly transaction volume. No hidden charges. All plans include CA review, GST-compliant entry, bank reconciliation, and monthly report delivery.
Custom pricing available for higher transaction volumes, multi-entity businesses, and companies requiring weekly MIS reporting. GST return filing and payroll are separate add-on services.
Yes โ for all companies under the Companies Act (Section 128 mandates double-entry bookkeeping). For other businesses: mandatory if your turnover exceeds the tax audit threshold (โน1Cr for businesses, โน50L for professionals) or if you are GST-registered (GST law requires maintenance of specific records). Even below these limits, bookkeeping is strongly recommended for accurate tax filing, loan applications, and business decision-making.
No โ our entire bookkeeping service is 100% online. You share documents via WhatsApp, email, or a shared Google Drive/Dropbox folder. We work on your existing software (Tally, Zoho, QuickBooks, etc.) or set up a new one if needed. You receive reports digitally every month. Our clients are spread across India and internationally โ many have never met us in person.
We've helped many businesses with catch-up bookkeeping โ going back 1, 2, or even 3 years to reconstruct books from bank statements, invoices, and any available records. We call this a "Books Clean-Up" exercise. Once completed, your books are brought current and we start the regular monthly cycle. Pricing for catch-up bookkeeping depends on the number of years and volume of transactions. Contact us for a specific quote.
A full-time in-house accountant costs โน15,000โโน40,000/month in salary + PF + ESIC + leave + training costs โ even for small businesses with few transactions. Our professional bookkeeping service provides: multiple experts (bookkeeper + CA reviewer), no HR overhead, knowledge of current GST/IT laws, backup coverage (no single point of failure), and structured month-end delivery โ at a fraction of the cost. You also get a CA's oversight that an in-house junior accountant cannot provide.
Professional bookkeeping, monthly reconciliation, and audit-ready reports. Delivered by the 10th of every month. Starting from โน1,999/month.