Bookkeeping & Accounting

Bookkeeping and accounting services include recording, summarising, and analysing the transactions undertaken by the organisation and preparation of financial statements. Such service enables the management in making key decisions related to operations, investment, and finance.

We, at Excellent CFO, ensure that our clients have access to expert services at a reasonable price for all their accounting and bookkeeping needs.

Outsourcing bookkeeping and accounting services have multiple benefits for the organisation such as:

  • Enables organizations to concentrate on core business activities
  • Use of manpower for more important functions
  • Investment in fixed assets is reduced/ minimized
  • Substantial savings in cost
  • Services rendered by experts ensuring the accuracy of financial data
  • Better internal controls
  • Off-site backup of data

Some of the bookkeeping and accounting services that we offer are:

  • Recording of transactions undertaken by the organisation
  • Preparation of ledger accounts – Cash, Sales, Purchases, Expenses
  • Preparation of Profit and Loss Account/ Receipts and Expenses Statement
  • Preparation of Balance Sheet
  • Bank reconciliation statement
  • Statement of account receivables and payables along with aging reports
  • Stock summary as on date
  • 26AS TDS Reconciliation vis-à-vis TDS as books of accounts to identify parties who have defaulted in depositing TDS