Make Bookkeeping a Breeze.

Keep your company’s financial records in order with India’s leading bookkeeping company. 

Narula Gupta and Co: India’s leading bookkeeping firm 

Bookkeeping is essential for every business. With Narula Gupta and Co’s expert bookkeeping services for small businesses, you can rest assured that your company’s financial records will always be in order. 

Our range of bookkeeping services include the following: 

1. Ledger Maintenance

Our bookkeeping company maintains the different financial ledgers.

The General Ledger: We record your business’s assets, liabilities, revenues, and expenses as credits and debits, so that you stay updated about every financial transaction. 

The Sales Ledger: We maintain a detailed record of all sale of goods and services your company makes, the amount you receive and the amount you are owed. This gives you a clear view of your revenue. 

The Purchase Ledger: We minutely record all purchases made by your business, allowing you a clear view of your company’s expenditure and assets payable. 

2. Statement Reconciliation

Our bookkeeping accounting firm prepares reconciliation reports with detailed explanations for every disparity between bank statements and company financial records. This serves several purposes: 

  • It identifies errors in bookkeeping
  • It locates unprocessed assets- payable and receivable – if any
  • It uncovers and prevents fraud
  • It keeps your financial records clean for tax purposes

3. Maintain Chart of Account

A detailed Chart of Accounts is an essential financial tool. Our bookkeeping and accounting services firm ensures that all your accounts are appropriately categorised. 

Our experts will ensure that you will be able to: 

  • Have a clear understanding of your company’ s financial health
  • Provide detailed reports to stakeholders and regulatory bodies
  • Easily locate each account as and when required

4. Generate detailed financial statements

Financial statements are crucial documentation in a company’ repertoire. These are detailed records of all fiscal transactions and provide an accurate view of a company’s financial health. 

Our bookkeeping company maintains this in two parts: 

  • Cash flow statements: With our accurate CFS reporting, you and your stakeholders have a detailed view of company expenses 
  • Income statements: We maintain a comprehensive account of all income and expenditure, stating your net income and providing a bird’s eye view of the business’s solvency. 

Get in touch with Narula Gupta and Co. for expert virtual bookkeeping services in India and beyond.

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Frequently Asked Questions

No matter the size of your business, bookkeeping is essential. But it is a complex task, and you must have insider knowhow to navigate India’s complex taxation landscape. By outsourcing your needs to our bookkeeping and accounting company, you can stay on top of your company’s financial health while focusing on growing your business. This is also cost-effective, as you don’t have to spend money and time on onboarding and training a team. 

The GoI has divided business ITRs into different categories, depending on the type of business and revenue generated. 

  • Partnership firm ITR
  • Proprietor firm ITR
  • Limited liability partnership firm ITR
  • Company ITR

Depending on the nature of your incorporation, you will fall under a specific tax bracket. Get in touch with us to know more. 

Most start-ups function on a limited budget and a skeleton crew. Hiring an in-house accounting team can cost a lot in terms of money and time. With a virtual bookkeeping service that acts as an extension of your team, you can rest assured that your company’s financial records will remain straight without having to take on any additional responsibility.