GST & TAX · INDIA
Accounting and bookkeeping turn business transactions into consistent records that help you see income, costs, outstanding payments and unexplained balances. LIQUETAX can organise an agreed period's books, reconcile supplied records and prepare practical reports for your review. Clear books support decisions and later compliance preparation, while unresolved items remain visible instead of being silently estimated.
CLEAR FEES. CLEAR DELIVERABLES.
Professional work, government charges and optional services. All set out in writing before we begin.
Accounting and Bookkeeping
₹5,000Professional feeApplicable GST, government and third-party charges are extra.
Add the help your business needs
Custom quoteCore scope + agreed additional workOnly the additional work listed in your written quote is included.
An electronic certificate used to authenticate a person’s digital signature. A licensed Certifying Authority issues it after the required identity checks. Official reference →
BUILT AROUND YOUR BUSINESS
MSMEs, traders, manufacturers, service businesses and founders who need dependable monthly books or a backlog clean-up. For example, a business receiving UPI, bank and marketplace settlements should reconcile those receipts with invoices, refunds and fees before calling the entire bank credit sales. The scope begins with the transactions and reports you actually need.
Know the deliverables, documents and costs before work starts.
Identify missing or inconsistent information before submission.
Bring preparation, queries and follow-up into one agreed workflow.
Know what you need to provide and what happens at handover.
GET READY, ONE STEP AT A TIME
We’ll share an applicant-specific checklist after a short discussion. The exact records depend on your circumstances.
Before your first conversation
Organise your business facts and get a checklist to discuss with our team.
First, describe your business and the result you need. Next, organise the relevant facts without sharing private documents here. Finally, review your checklist with the team and agree the written scope before work starts.
Download the preparation guide (PDF)
Read the accessible guide →
FROM FIRST CONVERSATION TO HANDOVER
We prepare, coordinate and track the agreed work. You stay involved in the decisions that matter.
Map sources, opening balances and the reports needed for the business.
Post the agreed transactions and list missing evidence or unusual balances.
Compare banks and selected ledgers and share exceptions for owner review.
Provide the agreed books, reports and outstanding-item handover.
Agree a recurring closing calendar after the record-delivery dates are clear. Reports depend on complete invoices, statements and timely answers to exceptions. A backlog with missing opening balances requires its own estimate; a promised monthly report date should state which inputs must arrive first.
KNOW EXACTLY WHERE YOU STAND
The written engagement confirms your deliverables and costs before work starts.
ANSWERS BEFORE YOU BEGIN
Need help with your specific situation?
Talk to our teamBank statements are an important source, but they do not fully explain sales, purchases, cash transactions, advances, refunds or owner movements. We request the supporting invoices and relevant ledgers, and identify unresolved items. This produces more useful reports than treating every bank entry as a final accounting answer.
Agreed receivable and payable reports help you see unpaid customer invoices, supplier balances and amounts needing investigation. Comparing receipts with invoices can expose collection gaps or settlement differences. These reports support decisions, but improved cash flow depends on the business's actual collection and spending actions.
The official published Companies Act section 128 requires company books on an accrual and double-entry basis. The rules apply to companies and include record-preservation responsibilities. Other entity types require their own applicable accounting review rather than assuming the company rule is universal.
References: Income Tax Department: Companies Act section 128
CBIC's Rule 56 addresses accounts and supporting records for registered persons, including relevant invoices and transaction records. Our scope can organise those inputs and reconciliation questions. It does not replace a taxpayer-specific review of retention or specialised GST requirements.
References: CBIC: GST Rule 56 accounts and records
Only if those filings are expressly included in the written engagement. The quote separates transaction posting, reconciliations, management reports and compliance preparation. This makes it clear who approves returns and what information must be supplied for each period.
We list missing evidence and unresolved balances for review instead of fabricating supporting documents. You provide explanations and genuine records, and material adjustments are approved before posting. A substantial historic reconstruction or disputed balance can require a separately agreed scope and estimate.
THE DETAIL, WHEN YOU NEED IT
Accounting and bookkeeping turn business transactions into consistent records that help you see income, costs, outstanding payments and unexplained balances. LIQUETAX can organise an agreed period's books, reconcile supplied records and prepare practical reports for your review. Clear books support decisions and later compliance preparation, while unresolved items remain visible instead of being silently estimated.
MSMEs, traders, manufacturers, service businesses and founders who need dependable monthly books or a backlog clean-up. For example, a business receiving UPI, bank and marketplace settlements should reconcile those receipts with invoices, refunds and fees before calling the entire bank credit sales. The scope begins with the transactions and reports you actually need.
| Question | What matters | Next step |
|---|---|---|
| Period and opening balances | Agree the months covered and review the previous closing balances before posting new transactions. | An unexplained opening figure can carry errors into every report. Historic reconstruction is separately identified instead of hidden inside monthly work. |
| Transaction sources | List sales, purchases, banks, cash, UPI, marketplaces, payroll and other sources used by the business. | A bank statement shows money movement but not the full reason for each transaction. Supporting invoices and explanations remain essential. |
| Reporting needs | Choose the useful reports: ledgers, trial balance, income and expense view, receivables or payables ageing. | Reports should help you identify overdue collections, avoid duplicate payments and understand costs. Bookkeeping does not itself guarantee growth or finance. |
| Compliance boundaries | Agree which GST, TDS, income-tax or company-compliance inputs will be reconciled or handed over. | Posting books and filing returns are distinct scopes. The company-record and GST-record rules also depend on the entity and registration. |
₹5,000. Professional fee. Applicable GST, government charges and agreed third-party costs are extra.
One specified service engagement. Confirm the applicant, deliverables and exclusions in writing before work starts.
There is no universal government filing fee for the act of monthly bookkeeping. The professional quote and GST depend on the period, transaction volume, sources and reconciliation work. Tax, statutory filing charges, accounting software and any separately requested audit or compliance work are itemised only when included.
Agree a recurring closing calendar after the record-delivery dates are clear. Reports depend on complete invoices, statements and timely answers to exceptions. A backlog with missing opening balances requires its own estimate; a promised monthly report date should state which inputs must arrive first.
LIQUETAX: Map sources, opening balances and the reports needed for the business.
You: Nominate a record owner and confirm how documents will be delivered.
LIQUETAX: Post the agreed transactions and list missing evidence or unusual balances.
You: Explain material transactions and provide the relevant invoices or vouchers.
LIQUETAX: Compare banks and selected ledgers and share exceptions for owner review.
You: Confirm factual corrections and resolve unidentified receipts or payments.
LIQUETAX: Provide the agreed books, reports and outstanding-item handover.
You: Review collections, payments and costs, then approve the period or flag remaining issues.
Source-checked educational guide. AI-assisted source research checked on . No named professional endorsement is claimed. Confirm current requirements for your facts before filing. Next review target: 2026-11-07.
Published company books framework, accrual/double-entry requirements and record preservation.
GST registered-person account and supporting-document requirements.
Official indexed Rule 56 text checked; direct page retrieval returned a gateway error. Check operative rules for the taxpayer.
Last updated: . This records the educational content date; it does not establish an individual professional review.
Disclaimer: this guide provides educational information and does not replace individual professional advice. Confirm your facts, current official requirements and written engagement before acting.
LET’S TAKE THE NEXT STEP
Let’s discuss your accounting and bookkeeping and prepare a scope that fits.
