Accounting & Bookkeeping

Reliable General Ledger, Accounts Reconciliation, and Financial Preparation

Overview

Maintaining accurate financial records is critical to managing any business. Dhalkari & Bhawalkar provides complete, end-to-end Accounting & Bookkeeping services for sole proprietorships, partnership firms, LLPs, and companies. We maintain clean books that serve as a solid foundation for financial decision-making and smooth tax filing.

By outsourcing your bookkeeping to our experienced team in Nashik and Pune, you gain accurate ledger management, bank reconciliations, and timely preparation of financial statements without the overheads of an in-house accounts department.

Key Accounting Services
  • General Ledger Maintenance: Classified entry of all financial transactions into sales, purchase, cash, and bank ledgers.
  • Accounts Reconciliation: Regular reconciliation of bank statements, supplier accounts, and customer balances.
  • Preparation of Financials: Drafting of Balance Sheets, Profit & Loss Accounts, and Trial Balances.
  • Compliance Mapping: Aligning accounting structures to support seamless GST, TDS, and corporate tax compliance.

Benefits

  • Business Insights: Gain real-time visibility into income, business expenditures, cash flows, and profitable business channels.
  • Simplified Audits: Properly structured journals and reconciliations ensure statutory audit processes are completed smoothly with minimal disruptions.
  • Prompt Compliance: Clean, up-to-date ledgers enable accurate computation of monthly GST liabilities and advance tax assessments.
  • Bank Financing: Systematically drafted financial statements are mandatory for securing working capital loans or bank credit lines.

Process

  1. Data Collection: You securely share business transaction invoices, expense bills, and bank statements monthly/weekly.
  2. Transaction Classification: Our accountants classify expenses under correct heads (capital vs revenue expenditure) and record entries in accounting software.
  3. Reconciliation & Closing: We run monthly bank reconciliations, close the books at the end of the period, and present compiled financial statements.

Required Documents

  • Monthly bank statements (PDF format).
  • Sales invoices and customer billing records.
  • Purchase bills and supplier invoices.
  • Cash vouchers and business expense receipts.
  • Details of loans, loan interest certificates, and asset purchases.

Timelines

  • Regular Bookkeeping: Conducted weekly/monthly to keep records fresh.
  • Bank Reconciliations: Completed by the 10th day following the end of each month.
  • Year-End Closings: Financials are closed and finalized post-March 31 for tax and audit filings.

Frequently Asked Questions

Bookkeeping is the administrative process of systematically recording daily business financial transactions (sales, purchases, receipts, payments). Accounting involves classifying, analyzing, interpreting, and summarizing these recorded transactions to compile formal financial statements (Balance Sheet, P&L A/c) and assist in strategic tax planning.

Reconciliation involves matching the cash balances in your accounting ledger against the bank statement transactions. It is necessary to identify bank charges, unpresented cheques, interest credits, or transaction errors, ensuring that your accounting books represent actual liquid funds accurately.

Yes. We utilize cloud-based accounting solutions and secure digital vaults to manage bookkeeping and financial reporting remotely. You can upload scanned invoices and bank statements from anywhere, and our CAs will review and update your books systematically.
Get Clean Financials

Let our professional accounting team organize your business ledgers, perform monthly bank reconciliations, and compile error-free balance sheets.

Hire Our Accountants