Accounting Services
Expert Accounting Solutions for Your Business
At VPS and Associates, we provide comprehensive accounting services to help businesses maintain accurate financial records, ensure compliance, and optimize financial decision-making. Our back-office accounting services cater to businesses of all sizes, ensuring seamless financial operations and regulatory compliance.
Institute of Chartered Accountants of India (ICAI) Guidelines on Accounting: https://www.icai.org/
Ministry of Corporate Affairs (MCA) Accounting Compliance: https://www.mca.gov.in/
Our Key Accounting Services
1. Bookkeeping & Ledger Maintenance
✔ Daily, weekly, and monthly financial record maintenance.
✔ Categorization of transactions for accuracy.
✔ Preparation of General Ledgers, Trial Balances, & Journals.
Accounting Standards by ICAI: https://www.icai.org/post/accounting-standards
2. Financial Statements & Reporting
✔ Preparation of Balance Sheets, Profit & Loss (P&L) Statements, and Cash Flow Statements.
✔ Customized financial reports based on business needs.
✔ Compliance with Indian Accounting Standards (Ind AS) & IFRS.
Ind AS Guidelines: https://www.mca.gov.in/MinistryV2/accountingstandards.html
3. Accounts Payable & Receivable Management
✔ Invoice processing & vendor payments.
✔ Customer billing & collections tracking.
✔ Reconciliation of accounts for accurate cash flow management.
GST Invoice Rules & Compliance: https://www.gst.gov.in/
4. Payroll Processing & Compliance
✔ Salary processing & payslip generation.
✔ Employee tax deduction & statutory compliance (PF, ESI, PT).
✔ TDS calculations & returns filing.
EPF & ESI Compliance Details: https://www.epfindia.gov.in/
5. Tax Accounting & Compliance
✔ Income Tax Return (ITR) Preparation & Filing.
✔ TDS & GST Return Filing.
✔ Tax Planning & Advisory for businesses & individuals.
Income Tax Department (ITD) Guidelines: https://www.incometaxindia.gov.in/
6. Bank Reconciliation & Cash Flow Management
✔ Monthly reconciliation of bank statements.
✔ Detection & correction of discrepancies.
✔ Cash flow forecasting & management solutions.
Reserve Bank of India (RBI) Guidelines on Reconciliation: https://www.rbi.org.in/
7. MIS Reporting & Business Insights
✔ Management Information System (MIS) Reports for better decision-making.
✔ Variance Analysis to track revenue, expenses & profitability.
✔ Periodic forecasting & budgeting support.
Learn More About Financial Analysis: https://www.nseindia.com/
Why Choose VPS and Associates for Accounting Services?
Experienced Chartered Accountants & Finance Experts
100% Compliance with Indian Accounting & Tax Laws
Data Confidentiality & Security Assured
Customized Accounting Solutions for Every Business
Get in Touch for Professional Accounting Services
Office Address:
VPS and Associates
8-3-988/11/1/A, 1st Floor, SBH EXTN 925,
SBH Colony Road, Hyderabad – 500045
Email: team@vpsandassociates.com
Call: +91 90309 31302, 88863 59392.
Need expert accounting support? Contact us today for a free consultation!
