Our accounting & bookkeeping services keep your books current every month: transactions recorded, bank accounts reconciled, payroll processed, and GST-ready records prepared, all online.
Last updated: September 2026
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Unmatched bank entries, missing invoices, and a scramble to rebuild twelve months of transactions before the CA's deadline are the usual signs that a business needs proper accounting & bookkeeping services. Tax Care Hub keeps your books current every month, so your GST returns, TDS filings, payroll, and financial statements all draw on the same accurate numbers.
This page explains what bookkeeping and accounting services cover, how the online process works, what Indian businesses must keep on record, what affects the cost, and how to choose a provider. If you already know what you need, you can book a free consultation directly.
Accounting & bookkeeping services mean recording every business transaction (bookkeeping) and then using those records to prepare financial statements, reconcile accounts, and support tax and statutory filings (accounting). Tax Care Hub provides both online for small and mid-sized businesses in India: monthly books, bank reconciliation, payroll, GST-ready records, and financial statements.
Accounting & bookkeeping services are the ongoing recording, organising, and reporting of a business's financial transactions. Bookkeeping captures every sale, purchase, and expense as it happens. Accounting turns those records into the statements and reports that owners, banks, and tax authorities rely on.
| Bookkeeping | Accounting | |
|---|---|---|
| Main purpose | Record transactions accurately and completely | Interpret the records and report on performance |
| Typical tasks | Recording sales, purchases, and expenses; bank reconciliation; tracking receivables and payables | Trial balance, year-end adjustments, financial statements, MIS reports, support for tax computation |
| Output | Up-to-date ledgers and reconciled accounts | Balance sheet, profit and loss statement, cash flow statement |
| Frequency | Ongoing, weekly or monthly | Monthly, quarterly, and annually |
Most small businesses need both. Bookkeeping without accounting leaves you with tidy records and no view of profit or cash flow. Accounting without reliable bookkeeping produces reports nobody should trust. That is why we run them as one monthly process instead of two separate jobs.
Our bookkeeping and accounting services cover monthly transaction recording, bank reconciliation, receivables and payables tracking, payroll processing, GST-ready records, financial statements, and MIS reports for owners.
Every sale, purchase, and expense is recorded and categorised, and bank and card statements are reconciled against the books.
Bookkeeping for small businessesA running list of what customers owe you and what you owe suppliers, so overdue items do not go unnoticed.
Salary computation, payslips, and PF, ESI, Professional Tax, and TDS on salary handled together.
Payroll processing servicesBalance sheet, profit and loss statement, and cash flow statement built from reconciled books.
Financial statement preparationA plain-language monthly summary of revenue, expenses, receivables, and payables for owners who want the numbers without reading ledgers.
Books organised so your return filing starts from verified sales and purchase data instead of a last-minute spreadsheet.
GST return filingWith online accounting and bookkeeping services, you share bank statements, invoices, and expense records digitally, and your accountant maintains the books remotely. There are no office visits for routine work.
We look at your entity type, monthly transaction volume, GST and TDS status, and the state of your current books.
Your chart of accounts is created in accounting software, and we agree on a monthly cut-off date for sharing documents.
You send bank statements, sales invoices, purchase bills, and expense receipts by the agreed date.
We post the entries, reconcile bank accounts, and flag missing or unclear documents.
You receive a summary of profit, receivables, and payables, and the books are ready for GST and TDS work.
Financial statements are finalised for your income tax return and, where applicable, your tax audit.
If a document is unclear or missing, we ask in writing instead of guessing. Entries built on assumptions tend to cause errors that only surface months later.
Because Indian law expects businesses to keep proper records, and almost every major filing depends on them. Accounting and bookkeeping services in India keep those records accurate and current, so GST, TDS, income tax, and ROC filings do not turn into corrections and notices later.
| Compliance area | How your books are used |
|---|---|
| GST returns | Sales and purchase records feed the monthly return and the input tax credit reconciliation |
| TDS returns | Expense and payment records show where tax must be deducted and deposited |
| Income tax return and tax audit | The profit and loss statement and balance sheet form the basis of the return; certain turnover levels also require a tax audit |
| ROC annual filings | Companies and LLPs file financial statements with the Registrar every year |
| Payroll compliance | Salary records support PF, ESI, Professional Tax, and TDS on salary |
Under the Companies Act, 2013, every company must keep proper books of account, and registered GST taxpayers must maintain and retain records as the GST law prescribes. The exact requirements depend on your entity type and turnover, so our accounting and bookkeeping services in India begin with a review of what applies to your business.
Well-kept books also make the related filings simpler. They feed directly into:
There is no single fixed rate. The fee depends on how many transactions you record each month, how many bank accounts you run, whether payroll and GST are included, and whether earlier months need catching up. Tax Care Hub reviews your books first and then quotes a fixed monthly fee, so you know the cost before work begins.
Compare scope, not just price. Ask any provider exactly which reconciliations, reports, and filings the monthly fee covers. A low fee that leaves out bank reconciliation or payroll is not cheaper if you end up paying for them separately.
Businesses that record more transactions than one person can track reliably in a spreadsheet, or that file GST, TDS, or ROC returns regularly, benefit most.
Annual ROC filings apply from the first financial year, whether or not the business has traded much.
Frequent sales and purchase entries make monthly reconciliation valuable.
Clean books make invoicing, TDS credits, and tax planning simpler.
Many small transactions across marketplaces and payment gateways are hard to track by hand.
Reliable financial statements are needed quickly in each of these situations.
If you have only a handful of transactions each month and no employees, a simple spreadsheet plus an annual review by your CA may be enough for now.
Check who will maintain your books, what the monthly fee includes, when each month is closed, and how you can get your data back if you leave.
Bookkeeping is the day-to-day recording of transactions: sales, purchases, expenses, and bank entries. Accounting uses those records to prepare financial statements, analyse performance, and support tax filings. Most businesses need both, and they work best when handled together every month.
Yes, for most businesses. You share bank statements, invoices, and bills digitally, and the books are maintained remotely. Routine bookkeeping does not require an office visit.
Monthly is the practical minimum. Many GST-registered businesses file returns every month, so monthly bookkeeping keeps your records, returns, and payments aligned and prevents a year-end backlog.
Usually yes. A CA who files your annual return works from your books. If those books are not maintained through the year, the year-end becomes a reconstruction exercise. Monthly bookkeeping gives your CA reliable records to work from.
Bank and card statements for every account, sales invoices, purchase bills, expense receipts, and payroll inputs such as joiners, leavers, and salary changes. Loan documents and asset purchase invoices are needed when they occur.
Yes. We review the backlog first, then quote the catch-up work separately from the ongoing monthly fee so you can see what each part costs.
It depends on monthly transaction volume, the number of bank accounts, payroll headcount, and whether GST or TDS work is included. We review your books and then quote a fixed monthly fee before any work begins.
Accounting & bookkeeping services work best when they run every month, not once a year. Current books make GST and TDS filings routine, give your CA reliable records to work from, and let you see profit and cash position while there is still time to act on them. Whether you choose online accounting and bookkeeping services or an in-house accountant, compare what the fee covers, when the books are closed, and who is responsible for them.
To see what this would look like for your business, share your monthly transaction volume and the returns you file, and we will tell you what the work involves.
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