Accounting and Bookkeeping Services

Stay financially organized with expert Accounting & Bookkeeping services by My Legal Business LLP.

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What is Section 8 Company Registration

Running a business requires constant focus, planning, and decision-making. But managing day-to-day financial records, statutory compliance, and accounting processes can quickly become overwhelming. This is where our Accounting and Bookkeeping Services help you maintain accurate financial data, ensure compliance, and make informed financial decisions all while saving time and operational cost.

We provide comprehensive, end-to-end accounting support tailored for startups, MSMEs, growing companies, and established enterprises across India. Our services are designed to bring transparency, accuracy, and real-time financial insights into your business.

Why Professional Accounting & Bookkeeping Matter


Every business, regardless of its size or industry, relies on accurate financial records to operate smoothly. Proper bookkeeping ensures that every transaction is recorded correctly, while structured accounting transforms those entries into meaningful financial reports. When done professionally, accounting and bookkeeping:

  • Improve business decision-making
  • Simplify tax planning & compliance
  • Prevent financial errors and penalties
  • Enhance investor and lender confidence
  • Reduce operational costs
  • Enable business scalability

Today, businesses are shifting from in-house accounting teams to professional firms to gain expertise, automation, and accuracy. Our firm provides exactly that-eliable, scalable, transparent, and compliant accounting solutions.

Our Accounting & Bookkeeping Services


We offer a full suite of accounting and bookkeeping services to support your business throughout the year. Whether you're just starting out or managing large-scale operations, our team ensures 100% accuracy, confidentiality, and timely reporting.

Bookkeeping Services (Daily, Weekly & Monthly)


Bookkeeping is the foundation of financial management. We maintain your books using the latest accounting software and standardized processes.

Our bookkeeping services include:

  • Recording all income and expense transactions
  • Maintaining sales and purchase registers
  • Managing accounts payable (AP) & accounts receivable (AR)
  • Bank and cash reconciliation
  • General ledger maintenance
  • Supplier & customer ledger tracking
  • Maintaining petty cash books
  • Inventory tracking and valuation
  • MIS reports generation

We ensure your books are always updated, organized, and audit-ready.

Accounting Services


Our accounting team interprets your financial data to provide clarity, insights, and business intelligence. We ensure your financial statements reflect true and fair information.

We handle:

  • Finalization of accounts
  • Preparation of Profit & Loss Statements
  • Balance Sheet preparation
  • Cash flow statements
  • Ratio analysis & financial interpretation
  • Depreciation, amortization & provisions
  • Fixed asset register maintenance
  • Accrual & deferral adjustments
  • Year-end closing entries

We ensure full compliance with Indian Accounting Standards (Ind AS) and Companies Act requirements.

GST Accounting & Compliance


Accurate accounting is essential for error-free GST filing. We provide complete GST accounting and compliance support:-

  • Monthly GST data reconciliation
  • Recording GST-compliant invoices
  • Purchase & input tax credit (ITC) reconciliation
  • GSTR-1, GSTR-3B, CMP-08, and annual return filing
  • GST liability calculation
  • Vendor compliance checks
  • GST audit support

Our goal is to eliminate errors and protect you from GST penalties and notices.

TDS Accounting & Return Filing


We assist with:

  • TDS calculation & deductions
  • Maintaining TDS registers
  • Preparing TDS challans
  • Filing quarterly TDS returns
  • Generating and issuing Form 16/16A

Our accurate TDS accounting reduces compliance risks.

Bank Reconciliation & Cash Flow Management


Cash is the backbone of any business. We provide:

  • Daily/weekly/monthly bank reconciliation
  • Cash flow forecasting
  • Working capital analysis
  • Identifying cash leakages

Accurate cash flow management keeps your business financially stable.

Preparation of Financial Statements

We prepare financials that meet statutory and business requirements:

  • Profit & Loss Statement
  • Balance Sheet
  • Cash Flow Statement
  • Notes to Accounts
  • Schedules & ledger reports

These reports help with audits, investor meetings, loans, and internal planning.

2Virtual CFO Services

For growing businesses, hiring a full-time CFO can be expensive. Our Virtual CFO Services offer strategic financial expertise at a fraction of the cost.

Includes:

  • Budgeting and forecasting
  • Financial planning & analysis
  • Profitability consulting
  • Investment planning
  • Internal control setup
  • Monthly MIS and decision-making support

Perfect for startups, SMEs, and high-growth businesses.

Why Choose Us for Accounting & Bookkeeping?

Our firm stands out due to quality, consistency, and confidentiality. We combine human expertise with modern technology to give your business a competitive edge.

Industries We Serve

  • We provide accounting and bookkeeping services to businesses across sectors:
  • Startups
  • E-commerce
  • Retail & Wholesale
  • Manufacturing
  • Traders
  • Service-based businesses
  • NGOs & Section 8 Companies
  • Educational institutions
  • Real estate & construction
  • IT & software companies
  • Hospitality & tourism

Our experience ensures industry-specific accounting accuracy.

Benefits of Outsourcing Accounting & Bookkeeping to Us


Outsourcing brings efficiency while reducing costs.

Reduce Cost by 40-60%

No need to hire full-time accountants.

Focus on Core Business

Spend more time growing your business, not maintaining accounts.

Reduce Errors & Improve Accuracy

Professional handling eliminates mistakes.

Get Real-Time Financial Insights

Make informed decisions with timely reports.

Ensure 100% Compliance

Avoid penalties, interest, and notices.

Scalability

Easily increase or reduce service volume as per business growth.

FAQs - Accounting & Bookkeeping Services

Why do companies outsource bookkeeping?

To reduce cost, avoid errors, and get expert support without hiring full-time staff.

Which software do you use?

Tally, Zoho Books, QuickBooks, SAP, BUSY, Marg ERP, etc.

Can you handle GST & TDS filing?

Yes, we provide complete compliance support.

Do you help in audit preparation?

Absolutely. We prepare audit-ready books and assist in statutory audits.

How soon can you start?

We can start within 24-48 hours after onboarding.

How My legal business LLP can help us in accounting and bookkeeping services?

My Legal Business LLP provides end-to-end accounting and bookkeeping services, including daily transaction recording, bank reconciliation, payroll support, MIS reporting, and compliance-ready books ensuring accuracy, transparency, and stress-free financial management for your business.