Chartered Accountants emblemPalivela Devdas & Associates
Other Services

Book-keeping services.

Ongoing book-keeping, accounting and periodic financial reporting for businesses and individuals.

Overview

About this service.

Applicability

Startups, closely-held businesses, professionals and entities that prefer to outsource routine accounting while retaining review oversight.

Book-keeping is the systematic recording of an entity's financial transactions, forming the foundation for statutory reporting, tax compliance and management decision-making.

Engagements are tailored to the size and complexity of the entity and typically cover day-to-day transaction recording, ledger maintenance, bank and party reconciliations, and the preparation of periodic financial statements.

Work is carried out on the entity's chosen accounting software, with month-end reviews so that records remain accurate, current and ready for audit and filing.

Scope of work

What the engagement covers.

Day-to-day recording of purchases, sales, receipts and payments

General ledger and sub-ledger maintenance

Bank, debtor and creditor reconciliations

Periodic trial balance and financial statement preparation

TDS / GST input and output tracking for compliance

Month-end review and books close

Standards & framework

Applicable laws and standards.

Accounting Standards
ICAI · AS / Ind AS
ICAI Guidance
Accounting and book-keeping
Frequently asked

Top questions.

The questions clients most often ask about this service. For anything specific to your situation, write to the firm.

The systematic recording of financial transactions, forming the foundation for reporting, tax compliance and decision-making.

Book-keeping records transactions; accounting interprets them; audit independently verifies the resulting statements.

Yes. Book-keeping is carried out on the entity's chosen accounting system.

Typically with day-to-day recording and a month-end review and close.

Yes. Bank, debtor and creditor reconciliations are part of the scope.

Yes. Input and output tracking is maintained to support compliance filings.

Yes. It can be outsourced while the client retains review oversight.

Startups, closely-held businesses, professionals, and any entity that prefers to outsource routine accounting.

Yes. Periodic trial balances and financial statements are prepared.

Yes. Month-end review keeps records accurate, current and ready for audit and filing.

Discuss an engagement

Looking for book-keeping services support?

Write to the firm to discuss the engagement. Each engagement is scoped through a formal letter, preceded by independence and conflict-of-interest checks.

info@paliveladevdas.comSomajiguda, Hyderabad