Accounting & Bookkeeping

Running a successful business requires more than just sales and growth — it requires Accurate Financial Records and proper accounting to stay compliant and make smart business decisions.

At VR Associates LLM, we provide Professional Accounting & Bookkeeping Services tailored to startups, SMEs, and growing businesses. Our expert team ensures that your accounts are always Accurate, Updated, And Compliant with Indian laws.

What is Accounting & Bookkeeping?

▪️Bookkeeping → Recording all day-to-day financial transactions like sales, purchases, payments, receipts, etc.
▪️Accounting → Analyzing, classifying, and summarizing financial data to prepare reports, balance sheets, and tax filings.
Together, they help you Track Business Performance, Plan Expenses, And Meet Tax & Compliance Obligations.

Why is it Important?

▪️Legal compliance under Companies Act, Income Tax Act & GST Act
▪️Helps in accurate tax filings (GST, TDS, ITR, ROC compliances)
▪️Builds credibility with banks, investors & partners
▪️Provides insights for better decision-making
▪️Avoids penalties, interest, and business risks

Accounting & Bookkeeping Services by VR Associates LLM

We handle End-To-End Financial Management, including:
1. Day-to-day bookkeeping
▪️Recording all transactions (sales, purchases, expenses, receipts).
▪️Maintaining ledgers, journals, and vouchers.

2. Accounts Payable & Receivable Management
▪️Tracking customer invoices & vendor bills.
▪️Ensuring smooth cash flow.

3. Bank Reconciliation
▪️Matching bank statements with books.
▪️Matching bank statements with books.

4. Financial Statements Preparation
▪️Profit & Loss Account
▪️Balance Sheet
▪️Cash Flow Statement

5. GST & TDS Accounting
▪️Recording GST input/output & reconciling returns.
▪️Proper TDS deduction entries.

6. Payroll Processing
▪️Salary computation, deductions (PF, ESI, PT, TDS).
▪️Payslip generation.

7. Tax & ROC Compliance Support
▪️Assistance in filing GST, TDS, and ITR.
▪️ROC compliances like AOC-4, MGT-7.

8. Management Reporting
▪️MIS reports for business performance tracking.
▪️Budgeting, forecasting, and financial analysis.

Documents Required

▪️Bank statements
▪️Purchase & sales invoices
▪️Expense bills
▪️Payroll details
▪️Investment & loan documents
▪️Previous year’s financial statements (if any)

Frequency of Bookkeeping

▪️ Monthly → For SMEs & startups
▪️ Quarterly → For small businesses
▪️ Yearly → For tax return purpose only (not recommended for growing businesses)

Benefits of Outsourcing to VR Associates LLM

▪️Saves time & cost vs hiring in-house accountant
▪️Expert accountants familiar with MCA, GST, Income Tax & Labour Laws
▪️Real-time financial tracking
▪️Accuracy & compliance guaranteed
▪️Secure handling of data
▪️Scalable as per your business needs

Why Choose VR Associates LLM?

▪️Experienced professionals with industry expertise
▪️Affordable packages for startups & SMEs
▪️End-to-end accounting, tax, and compliance support
▪️Dedicated accountant & client support manager
▪️Hassle-free, accurate, and timely reporting