Book an Accounting Consultation

Share your details and our CA team will get in touch within 1 business day to discuss your accounting requirements.

Your details are confidential and never shared.
Thank You!

We have received your enquiry. Our CA team will get in touch within 1 business day.

Accounting & Financial Management

Reliable accounts, clear reports and better financial control

We help MSMEs, startups, corporates and professionals maintain accurate books of accounts, prepare financial statements, monitor cash flow and use monthly reporting for better business decisions.

Book Accounting Consultation View Services
Accurate Books Structured accounting & reconciliations
Clear MIS Reports Monthly reports for better decisions
Monthly Accounts & MIS review
CA-led Compliance-focused
What we deliver
100% Compliance-ready books every month
10th Month-end close delivered by the 10th
360° Books, MIS, cash flow & compliance
Zero Audit surprises — books ready year-round
Bookkeeping, ledgers & bank reconciliation
Monthly MIS — P&L, cash flow, ageing reports
GST, TDS & payroll accounting support
Audit-ready financial statement preparation
Receivable, payable & working capital tracking
What is it

Accounting is more than
recording transactions

Accounting and financial management is the systematic process of recording, classifying and summarising all financial transactions of a business — and then using that data to manage performance, meet statutory obligations and make better decisions.

For most businesses, accounting is reduced to filing GST returns or preparing books at year-end. Done properly, it is a continuous process that gives you visibility into cash flow, profitability and working capital every single month.

At CA Laxmikant and Associates, we manage accounting end-to-end — from day-to-day bookkeeping and monthly MIS reports through to audit-ready financial statements — so you always know exactly where your business stands.

Recording & Bookkeeping
Daily transaction recording, ledger maintenance, bank and credit card reconciliation.
Monthly MIS & Reporting
P&L statements, balance sheet, cash flow and ageing reports — delivered by the 10th.
Financial Statement Preparation
Audit-ready financials prepared under applicable accounting standards — IndAS or IGAAP.
Compliance-Linked Accounting
GST, TDS and payroll accounting integrated so your books and returns always reconcile.
Who needs it

Every business that wants financial clarity

Accounting is not just a statutory obligation — it is the foundation of every business decision. Here is who we serve.

MSMEs & Small Businesses
Trading, manufacturing and service businesses that need structured monthly accounting without hiring an in-house accountant.
Startups & Growing Companies
Early-stage businesses needing investor-ready financials, clean books and cash flow visibility from day one.
Corporates & Private Limited Companies
Companies requiring audit-ready financial statements, board reporting and statutory compliance support.
Professionals & Proprietors
Doctors, architects, consultants and sole traders who need clean books for ITR filing, GST returns and loan applications.
Partnership Firms & LLPs
Firms needing capital account maintenance, partner-wise profit allocation, and annual statement preparation for ROC filings.
Foreign Subsidiaries in India
Foreign-owned Indian entities requiring IndAS-compliant books, management accounts and group reporting.
NGOs & Trusts
Non-profit entities needing fund-based accounting, utilisation certificates and financial statements for grants and compliance.
Businesses Seeking Finance
Companies applying for bank loans, overdrafts or investor funding that need clean, structured and credible financial statements.
Our Services

Everything your business needs for financial control

End-to-end accounting and financial management services — from daily bookkeeping to board-level financial reporting.

01
Bookkeeping & Ledger Maintenance
Systematic recording of every financial transaction — sales, purchases, expenses and receipts — in the appropriate ledger accounts.
Daily / weekly transaction entry
Chart of accounts setup and maintenance
Tally, Zoho Books, QuickBooks supported
02
Bank & Credit Card Reconciliation
Matching your books with bank statements to catch errors, unrecorded transactions and identify cash flow gaps every month.
Monthly bank statement reconciliation
Multi-bank and credit card matching
Outstanding cheque and deposit tracking
03
Accounts Payable & Receivable
Tracking what your business owes and what it is owed — with ageing reports to manage vendor payments and customer collections.
Vendor and customer ledger management
Debtor and creditor ageing reports
Outstanding payment follow-up support
04
Monthly MIS & Management Reports
Structured monthly reports that give you a clear picture of revenue, expenses, margins and cash position — ready by the 10th of every month.
P&L, balance sheet and cash flow
Budget vs actual variance analysis
Segment-wise and cost-centre reporting
05
Financial Statement Preparation
Year-end financial statements prepared under applicable accounting standards — compliant, audit-ready and ready for filing.
P&L, balance sheet and notes to accounts
IndAS and IGAAP compliance
Audit-ready format for statutory filing
06
GST & TDS Accounting
Integrated GST and TDS accounting to ensure your books and compliance filings are always in sync — no reconciliation surprises at year-end.
Input tax credit (ITC) reconciliation
TDS payable and receivable tracking
Books-to-return reconciliation support
07
Payroll Accounting
Recording of salary, PF, ESI, professional tax and gratuity in your books — correctly classified and reconciled with payroll registers.
Salary journal entries and ledger posting
PF, ESI and PT liability accounting
Payroll reconciliation with bank payments
08
Fixed Asset Register & Depreciation
Maintaining a complete fixed asset register with depreciation calculations as per Companies Act and Income Tax Act requirements.
Asset-wise addition, disposal and transfer
WDV and SLM depreciation schedules
Block-wise depreciation for tax purposes
09
Cash Flow & Working Capital Management
Monitoring your business's liquidity position — tracking inflows and outflows to ensure you always have visibility over working capital needs.
Monthly cash flow statement
Working capital cycle analysis
Short-term cash shortfall early warning
Why it matters

What happens when accounting is neglected — and what you gain when it isn't

Most businesses treat accounting as a year-end activity — books are maintained informally, reconciliations are skipped and financial statements are prepared in a rush before the audit.

This approach has real consequences — from missed tax deductions and GST penalties to poor decisions made without reliable financial data. Structured monthly accounting changes all of this.

Without structured accounting — the risks
GST Mismatches & Penalties
Unreconciled books lead to ITC mismatches in GSTR-2B, notice from GST authorities and reversal of input tax credit already claimed.
Missed Tax Deductions
Expenses not properly recorded are not claimed — resulting in higher taxable income and excess tax paid that could have been legally avoided.
Loan Applications Rejected
Banks and NBFCs reject loan applications when financial statements are inconsistent, unaudited or not maintained as per accounting standards.
Cash Flow Blind Spots
Without monthly accounts, businesses discover cash shortfalls too late — when payments are already due and no buffer exists to cover them.
Audit Delays & Penalties
Books prepared at year-end in a rush are error-prone — leading to statutory audit delays, late filing fees and penalties under the Companies Act and Income Tax Act.
Poor Business Decisions
Decisions on pricing, hiring, investment and expansion made without reliable financial data are based on instinct — not numbers that reflect reality.
With CA Laxmikant and Associates
With structured monthly accounting — what you gain
Full GST & TDS Compliance
Books, returns and registers reconcile every month — no ITC surprises, no mismatches and no penalties.
Maximum Tax Efficiency
Every allowable deduction is captured in real time — reducing your tax liability legally and accurately.
Bank Loan Ready at All Times
Clean, current and credible financials mean your loan application is never held up by weak documentation.
Real-Time Financial Visibility
Monthly MIS delivered by the 10th — so you always know your cash position, margins and receivables before making decisions.
Stress-Free Audit & Filing
Audit-ready books throughout the year mean statutory audits, ITR filings and ROC submissions happen on time — with zero last-minute rush.
Faster, Smarter Decisions
Pricing, hiring and investment decisions backed by accurate, up-to-date numbers — not estimates or last year's data.
How we work

A structured process for accurate, timely accounts

Our six-step monthly accounting process ensures your books are always current, compliant and ready for any review.

1
Onboarding & Business Understanding
One-time
We begin with a detailed onboarding session to understand your business — its nature, revenue streams, cost structure, applicable taxes and existing accounting setup. We review your chart of accounts, set up the correct ledger structure and align our process with your business cycle.
Business profile review Chart of accounts setup Accounting software configuration Engagement letter
2
Document Collection & Data Receipt
Monthly — by 5th
By the 5th of each month, we collect all source documents from you — bank statements, invoices, purchase bills, expense receipts, salary registers and GST-related records. We send you a structured checklist so nothing is missed and the process is consistent every month.
Bank statements Sales & purchase invoices Expense receipts Salary register GST records
3
Bookkeeping & Transaction Recording
Monthly — by 7th
All transactions are recorded in the correct ledger accounts — sales, purchases, expenses, receipts, payments, GST and TDS. Journal entries are passed for accruals, prepayments, depreciation and payroll. Every entry is coded to the correct cost centre and expense category.
Sales & purchase entries Journal entries Depreciation posting Payroll accounting GST & TDS entries
4
Reconciliation & Internal Review
Monthly — by 9th
Bank accounts, credit cards, debtors and creditors are reconciled. GST ITC is matched with GSTR-2B and TDS entries are reconciled with Form 26AS. A senior CA reviews all entries before reports are prepared — ensuring accuracy before any output leaves our team.
Bank reconciliation GSTR-2B ITC matching 26AS TDS reconciliation Debtor & creditor ageing CA review sign-off
5
MIS Reports & Financial Statements
Monthly — by 10th
By the 10th of every month, you receive a complete financial MIS pack — P&L statement, balance sheet, cash flow statement and debtor/creditor ageing. For clients requiring it, segment-wise or cost-centre reports and budget-vs-actual variance analysis are also provided.
P&L statement Balance sheet Cash flow statement Ageing reports Budget vs actual
6
Compliance Support & Year-End Preparation
Ongoing
Throughout the year, our accounting feeds directly into GST return preparation, TDS filing and advance tax computation. At year-end, we prepare audit-ready financial statements with notes to accounts — so your statutory audit, ITR filing and ROC submissions happen on time with no last-minute scramble.
GST return support TDS filing support Advance tax computation Year-end financials Audit-ready statements
Accounting areas

What we account for in your business

A comprehensive reference of the key accounting areas we manage — with frequency, applicable standards and the entities they apply to.

Accounting Area
What We Handle
Frequency
Applicable To
Revenue & Income Accounting
Sales, service income, other income and advances received
Monthly
All entities
Sales invoice recording
GST-compliant sales entries with HSN/SAC codes and tax split
Monthly
All businesses
Advance received accounting
Advance from customers — liability recognition and adjustment on delivery
Ongoing
Service cos.Contractors
Expense & Cost Accounting
Purchase bills, operating costs, overheads and provisions
Monthly
All entities
Purchase & expense entry
Purchase invoices, direct costs, overheads and petty cash coded by category
Monthly
All businesses
Accruals & prepayments
Month-end accrual and prepayment journals for accurate period reporting
Monthly
CompaniesLLPs
GST & Tax Accounting
GST input/output, TDS payable/receivable and advance tax
Monthly
Registered entities
GST output & ITC accounting
Output tax liability and input tax credit recording with GSTR-2B reconciliation
Monthly
GST registered
TDS payable & receivable
TDS deducted on payments and TDS receivable on income — reconciled with 26AS
Quarterly
All entities
Advance tax computation
Estimated tax liability and advance tax instalment calculation
Quarterly
CompaniesProprietors
Asset & Liability Accounting
Fixed assets, depreciation, loans and capital structure
Monthly
All entities
Fixed asset register
Asset additions, disposals, WDV depreciation under Companies Act & Income Tax Act
Annual
CompaniesFirms
Loan & borrowing accounting
Term loans, OD accounts, EMI schedules and interest accruals
Monthly
All businesses
Payroll Accounting
Salaries, PF, ESI, PT and statutory deductions
Monthly
Employers
Salary journal entries
Gross salary, deductions and net pay entries reconciled to bank payment
Monthly
All employers
PF, ESI & PT liability
Employer and employee contribution accounting and liability tracking
Monthly
PF/ESI registered
Year-End & Financial Statements
Annual financials, audit schedules and statutory reports
Annual
All entities
Financial statement preparation
P&L, balance sheet, cash flow and notes to accounts under IndAS or IGAAP
Annual
CompaniesLLPsFirms
Audit schedule preparation
Lead schedules, ageing summaries and working papers for statutory audit
Annual
Audit required entities
IGAAP
Indian Generally Accepted Accounting Principles
Applicable to most MSMEs, proprietorships, partnerships and companies not required to comply with IndAS. We maintain books and prepare financials fully compliant with IGAAP standards.
IndAS
Indian Accounting Standards
Mandatory for listed companies and companies with net worth above ₹250 crore. We handle IndAS-compliant accounting including fair value measurement, lease accounting and revenue recognition.
Cash & Accrual
Cash Basis & Accrual Basis Accounting
We manage both cash-basis accounting for smaller businesses and accrual-basis accounting for companies, LLPs and entities requiring monthly MIS on a recognised income and expenditure basis.
Documents required

What you need to share with us every month

We send you a structured monthly document checklist by the 1st of each month. You share documents digitally through WhatsApp, email or a shared drive — and we handle the rest.

Documents marked optional are required only when applicable to your business. We will guide you on what applies to your specific case during onboarding.
Bank & Cash Documents
Required every month
Bank statements for all current and savings accounts
Credit card statements if applicable
Cash book or petty cash register
OD/CC account statements if applicable
Sales & Income Documents
Required every month
Sales invoices or sales register for the month
Service delivery challans or job completion reports if applicable
Credit notes issued to customers
Advance receipts and proforma invoices if applicable
Purchase & Expense Documents
Required every month
Purchase invoices and bills for goods and services
Expense receipts — rent, utilities, fuel, office supplies
Debit notes received from vendors
Import bills and customs documents if applicable
GST & Tax Documents
Monthly & quarterly
GSTR-2B downloaded from GST portal
GST payment challan details
Form 26AS and AIS from income tax portal quarterly
TDS certificates received from customers if applicable
Payroll & HR Documents
Required every month
Monthly salary register with employee-wise details
PF and ESI payment challans
Professional tax payment proof if applicable
Joining or exit details for new or departing employees
Year-End & Asset Documents
Required annually
Fixed asset purchase invoices for new additions
Loan sanction letters and repayment schedules
Investment and FD statements if applicable
Stock and inventory valuation report if applicable
We send a monthly checklist
By the 1st of every month you receive a tailored document checklist — specific to your business type — so you never have to guess what to share.
All documents kept confidential
All financial documents you share with us are held in strict confidence under our professional CA obligations and never shared with any third party.
Share digitally — no physical files needed
Send documents via WhatsApp, email or a shared Google Drive or Dropbox folder. We accept PDFs, images and Excel files — no physical courier required.
FAQs & Contact

Common questions about our accounting services

Everything you need to know before getting started — answered clearly.

What accounting software do you work in?
We work in the software your business already uses — primarily Tally Prime, Tally ERP 9, Zoho Books, QuickBooks Online and Busy. We can also maintain accounts in Excel-based formats for simpler businesses. If you are not currently using any accounting software, we will recommend the most suitable option based on your business size, GST registration status and reporting requirements during onboarding.
How is accounting different from bookkeeping?
Bookkeeping is the process of recording transactions — it is one component of accounting. Accounting is the broader function that includes recording, classifying, reconciling, analysing and reporting financial information. Our service covers both — we record transactions daily or weekly (bookkeeping) and then perform reconciliations, prepare MIS reports, financial statements and feed compliance filings (accounting). You get a complete financial management service, not just data entry.
How do I share documents with your team every month?
We make document sharing as simple as possible. You can share documents via WhatsApp, email or a shared Google Drive or Dropbox folder — whichever suits you. We send you a structured monthly checklist by the 1st of each month so you know exactly what to share. Documents can be photos of physical receipts, PDF invoices or Excel files — we accept all common formats. No physical courier or visit to our office is required.
When will I receive my monthly MIS reports?
We deliver your monthly MIS pack — P&L statement, balance sheet, cash flow statement and debtor/creditor ageing — by the 10th of every month, provided you share all documents by the 5th. If documents are received after the 5th, the delivery timeline adjusts accordingly. For clients with more complex requirements, such as segment reporting or budget-vs-actual analysis, the delivery timeline is discussed during onboarding.
Is my financial data kept confidential?
Yes — absolutely. All financial information you share with us is treated with the highest level of professional confidentiality. As a Chartered Accountancy firm, we are legally bound by professional secrecy obligations under the Chartered Accountants Act. Your data is never shared with any third party without your explicit consent. We sign a confidentiality undertaking as part of our engagement letter before any documents are exchanged.
Do you also handle GST returns and TDS filing?
Our accounting service includes GST and TDS accounting in your books — recording GST output liability, input tax credit, TDS payable and TDS receivable, and reconciling them with GSTR-2B and Form 26AS. Actual GST return filing (GSTR-1, GSTR-3B) and TDS return filing (Form 24Q, 26Q) are offered as part of our GST Advisory and Compliance and Income Tax services respectively. Many clients engage us for a combined package covering accounting, GST and income tax compliance under a single monthly retainer.
My books are not maintained for the past few months — can you help?
Yes — catch-up and cleanup bookkeeping is one of the most common requests we handle. We assess the backlog, identify the source documents available and work systematically to bring your books up to date. Depending on the volume and complexity, backlog work is typically completed within 2 to 6 weeks. Once the accounts are current, we set up a monthly process to ensure they stay that way going forward. Backlog work is priced separately from the ongoing monthly retainer.
Can you manage accounts if we already have an internal accountant?
Yes — and this is a very common arrangement. Many businesses have an internal accountant or bookkeeper handling day-to-day data entry, while we function as the supervising CA team responsible for reconciliations, MIS preparation, financial statement review and compliance-linked accounting. We can also work alongside your internal accountant to review their work, correct errors and ensure the books are audit-ready. This hybrid model gives you the cost efficiency of an in-house resource with the technical oversight of a CA firm.
Get a Consultation

Tell us about your business and we'll get in touch within 1 business day to discuss your accounting requirements.

Your details are confidential and never shared.
Enquiry Received!

Thank you. Our CA team will review your details and get in touch within 1 business day to discuss your accounting requirements.