Professional Accounting & Bookkeeping Solutions
Maintaining accurate financial records is key to business growth, compliance, and securing funding. Balu Associates handles your daily books, payroll, ledger maintenance, and financial reports, so you can stop worrying about numbers and focus on building your business.
Documents Needed for Accounting Services
For Daily Bookkeeping:
- Bank Account Statements (all business accounts)
- Sales and Purchase Invoices / Bills
- Cash transaction log/receipts
- Expense vouchers and petty cash registers
For Payroll Management:
- Employee attendance / time logs
- Salary structure details (breakups, bonuses, deductions)
- New joiner PAN / Aadhaar / bank account details
- Investment declaration forms
For Financial Statement Finalization:
- Previous year's audited financial statements & tax returns
- Fixed assets register (for depreciation calculations)
- Stock inventory valuation statements (if applicable)
- Loan statements and reconciliation accounts
Our Bookkeeping Flow
1. Document Sharing & Categorization
You share your bank logs and purchase/sales invoices digitally. We sort and categorize all transactions accordingly.
2. Daily Ledger Entries
We record transactions in standard accounting systems, reconciling debits and credits daily to maintain clean ledgers.
3. Bank & Credit Card Reconciliations
We perform weekly reconciliations to cross-match your ledger balances against actual bank statement flows.
4. Final Reporting & Tax Support
We prepare Balance Sheets, Profit & Loss accounts, and cash flow reports, providing your team with data ready for audits and tax filings.