Accounting and Bookkeeping Services in India

EzyBiz India provides professional accounting and bookkeeping services in India to Indian businesses, startups, SMEs, foreign-owned subsidiaries, branch offices, liaison offices and project offices.

Our services are designed for businesses that require accurate bookkeeping, reconciliations, monthly closing, management reporting, accounts payable, accounts receivable and accounting support for GST, TDS, payroll, audit and tax compliance.

We provide complete outsourced accounting, virtual accounting and selective accounting support depending on the size of the business, transaction volume, existing finance team and management reporting requirements.

For foreign-owned companies in India, we also assist with inter-company accounting, foreign-currency transactions, overseas parent reporting, group reporting packs and coordination with international finance teams.

Businesses that require a wider outsourced finance solution covering accounting, payroll, compliance and finance support may also explore our Managed Business Services in India.

Accounting and Bookkeeping Services in India – At a Glance

Our accounting services can be customised according to the client’s business model, accounting software, transaction volume and reporting requirements.

Service Area	Scope
Bookkeeping	Sales, purchases, expenses, receipts, payments and journal entries
Bank Reconciliation	Periodic reconciliation of bank statements with books
Accounts Receivable	Customer ledgers, ageing and receipt allocation
Accounts Payable	Vendor accounting, outstanding tracking and payable ageing
Month-End Closing	Accruals, provisions, depreciation and trial balance review
MIS Reporting	Profit and loss, balance sheet, cash flow and ageing reports
Compliance Support	Accounting data support for GST, TDS, payroll, audit and tax filings
Foreign Companies	Inter-company accounting, foreign currency and parent-company reporting
Delivery Model	Outsourced, virtual or hybrid accounting support

Who Can Use Our Accounting Services?

Our accounting services are suitable for private limited companies, LLPs, startups, SMEs, foreign-owned subsidiaries, branch offices, liaison offices, project offices, trading companies, technology businesses, professional firms and other entities operating in India.

Complete or Selective Accounting Outsourcing

A business can outsource its complete accounting function or selected activities such as bookkeeping, bank reconciliation, month-end closing, MIS preparation or reporting support.

Outsourced Accounting Services in India

Outsourced accounting allows businesses to engage an external professional team to handle agreed finance and accounting activities instead of building the entire accounting function internally.

What Can Be Outsourced?

Businesses may outsource bookkeeping, ledger maintenance, reconciliations, accounts payable, accounts receivable, monthly closing, reporting, backlog accounting and accounting support for statutory compliance.

Complete Accounting Outsourcing

Under a complete outsourcing model, our team can handle agreed accounting processes from transaction recording to monthly closing and management reporting.

Selective Accounting Outsourcing

A company may retain daily accounting internally and outsource only reconciliations, closing, reporting or review functions.

Hybrid Accounting Model

Many businesses prefer a hybrid model where an internal finance employee handles routine operational activities while EzyBiz India supports month-end review, reconciliation and reporting.

Scope of Our Accounting Services

Bookkeeping and Transaction Accounting

We assist with accounting of purchases, sales, expenses, receipts, payments, employee reimbursements, debit notes, credit notes and other business transactions.

General Ledger Maintenance

Our team can maintain and review customer, vendor, expense, asset, liability, income and other general ledger accounts according to the agreed chart of accounts.

Fixed Asset Accounting

We can assist with maintenance of fixed asset records, additions, disposals, depreciation and reconciliation of asset balances with the books.

Backlog and Catch-Up Accounting

Where accounting is pending for past months or years, we can undertake catch-up accounting after reviewing transaction volume, bank statements, invoices and available supporting documents.

Bank and Ledger Reconciliation Services

Bank Reconciliation

Bank reconciliation helps identify unrecorded transactions, bank charges, duplicate entries, unidentified receipts and other differences between the books and bank statements.

Customer Reconciliation

Customer ledger reconciliation helps identify outstanding invoices, unallocated receipts, advances and long-pending balances.

Vendor Reconciliation

Vendor reconciliation can help identify unpaid invoices, advances, duplicate entries and differences between vendor statements and books.

Inter-Company Reconciliation

For group companies, we assist with reconciliation of invoices, reimbursements, cost allocations, advances, loans and related-party balances.

Where cross-border transactions are involved, businesses may also review our FEMA and RBI Advisory Services.

Accounts Receivable and Accounts Payable Management

Accounts Receivable Support

Our accounts receivable support may include customer ageing, receipt allocation, outstanding tracking and periodic reporting of overdue balances.

Accounts Payable Support

Vendor accounting may include invoice booking, payable ageing, advance tracking and liability monitoring.

Working Capital Visibility

Regular receivable and payable reports help management understand collection delays, vendor obligations and working-capital requirements.

Month-End Closing and Financial Reporting

Month-End Closing Process

A structured month-end close may include bank reconciliation, accruals, provisions, prepaid expenses, depreciation, ledger review and trial balance verification.

Businesses can refer to our detailed Month-End Accounting Checklist in India for a practical month-end review framework.

Profit and Loss Reporting

Periodic profit and loss statements can help management track revenue, expenses, profitability and cost trends.

Balance Sheet Reporting

We can assist with preparation and review of balance sheet schedules covering assets, liabilities, receivables, payables and other balances.

MIS and Management Reporting

MIS reports may include profit and loss, balance sheet, cash position, customer ageing, vendor ageing, expense analysis and budget-versus-actual reporting.

Cash Flow Reporting

Cash-flow reporting helps management understand operational cash movement and short-term funding requirements.

Accounting Support for GST, TDS and Payroll

GST Accounting and Reconciliation

Accurate accounting records support GST compliance. We can assist with GST ledger review, transaction classification and preparation of accounting data required for GST returns and reconciliations.

Businesses may access the official GST Portal for statutory GST services.

TDS Accounting

Our accounting support may include recording of TDS-related transactions, maintenance of TDS payable ledgers and reconciliation of tax deduction data.

Income-tax and TDS information can be accessed through the official Income Tax Department portal.

Payroll Accounting

Salary expenses, employee deductions, reimbursements, employer contributions and payroll-related liabilities can be recorded and reconciled with payroll records.

Businesses requiring complete payroll processing may review our Payroll Outsourcing Services in India.

Audit Readiness

Proper books, reconciled ledgers and complete supporting schedules make statutory audit and tax audit processes more efficient.

Accounting Services for Foreign Companies in India

Accounting for Wholly Owned Subsidiaries

Foreign-owned Indian subsidiaries require books that comply with Indian accounting and statutory requirements while often also meeting reporting requirements of the overseas parent.

Read our detailed guide on Accounting and Bookkeeping for Wholly Owned Subsidiaries in India.

Inter-Company Accounting

We can assist with recording and reconciliation of inter-company invoices, reimbursements, cost allocations and other related-party transactions.

Foreign Currency Transactions

Foreign-owned businesses may have recurring foreign-currency invoices, remittances, loans or reimbursements that require appropriate accounting and reconciliation.

Overseas Parent Reporting

Where an overseas parent requires periodic financial information, the Indian books can be mapped to the group’s reporting format.

Group Chart of Accounts

Where required, we can assist with mapping the Indian accounting structure to a global chart of accounts used by the parent company.

Coordination With Overseas Finance Teams

Our team can coordinate with overseas CFOs, finance controllers, accountants and auditors for accounting queries and periodic reporting.

Foreign businesses entering India may also review our India Market Entry Consulting Services.

Accounting for Branch, Liaison and Project Offices in India

Branch Office Accounting

Branch offices may require accounting of local income, expenses, bank transactions, head-office transactions, tax deductions and statutory liabilities.

Liaison Office Accounting

Liaison offices generally undertake restricted activities and therefore require proper tracking of local expenses, overseas remittances and operating costs.

Project Office Accounting

Project offices may require project-wise accounting, vendor tracking, contract-related accounting and periodic financial reporting.

For more details, read our guide on Accounting and Bookkeeping for Branch, Liaison and Project Offices in India.

Virtual Accounting Services in India

What Is a Virtual Accountant?

A virtual accountant performs agreed accounting functions remotely using cloud accounting software, ERP access and secure document-sharing systems.

How Online Accounting Works

Documents and accounting information can be shared electronically, while bookkeeping, reconciliations and monthly reporting are carried out remotely.

Remote Bookkeeping Services

Remote bookkeeping enables businesses across India to access professional accounting support without requiring the accounting team to be physically located at the client’s office.

Secure Document Sharing

Accounting documents and reports can be exchanged through agreed digital channels and secure access arrangements appropriate to the client’s systems.

Accounting Software We Support

Tally

We can work with Tally-based accounting environments commonly used by Indian businesses.

Zoho Books

Zoho Books can be suitable for businesses requiring cloud-based accounting and remote access.

QuickBooks and Xero

Foreign-owned companies and international groups may use QuickBooks or Xero for cloud accounting and parent-company access.

SAP, Oracle and Other ERP Systems

Depending on system access and project requirements, our team may also work with SAP, Oracle, Microsoft Dynamics and other ERP platforms.

Outsourced Accounting vs In-House Accounting

When In-House Accounting May Be Suitable

Larger businesses with high transaction volume, multiple locations and complex internal processes may prefer a dedicated in-house accounting team.

When Outsourced Accounting May Be Suitable

Outsourced accounting may be appropriate for companies seeking professional accounting support without building a complete internal finance team.

Which Model Should You Choose?

The appropriate model depends on transaction volume, business complexity, reporting needs, cost structure and internal finance capabilities.

Read our detailed comparison of Outsourced Accounting vs In-House Accounting in India.

Our Accounting Process

Initial Business Review

We first understand the business structure, transaction volume, accounting system, bank accounts, tax requirements and reporting expectations.

Review of Existing Books

Where books already exist, we may review trial balance, bank reconciliations, customer and vendor ledgers, opening balances and statutory liabilities.

Accounting Setup

We agree the chart of accounts, responsibilities, document-sharing process, accounting timelines and reporting requirements.

Monthly Accounting

Transactions are recorded, ledgers reviewed and reconciliations completed according to the agreed accounting cycle.

Review and Reconciliation

Key balances, bank accounts, customer ledgers, vendor ledgers and statutory liabilities are reviewed periodically.

Management Reporting

Periodic financial reports and MIS can be prepared according to management requirements.

Accounting Compliance Calendar in India

Why a Compliance Calendar Matters

Accounting, GST, TDS, payroll and corporate compliance often follow recurring monthly, quarterly and annual timelines.

Monthly and Periodic Accounting Tasks

A structured calendar helps ensure timely bookkeeping, reconciliations, closing and preparation of data required for statutory filings.

See our detailed Accounting Compliance Calendar in India.

Who We Provide Accounting Services To

Foreign-Owned Companies

We assist foreign subsidiaries and other overseas-owned businesses with Indian accounting and group reporting requirements.

Startups

Startups may use outsourced accounting to establish disciplined financial processes without immediately creating a large internal finance team.

Small and Medium Enterprises

SMEs may benefit from structured bookkeeping, reconciliation and management reporting support.

Technology Companies

Technology businesses may require invoice accounting, expense tracking, payroll accounting and periodic reporting.

Trading and Distribution Businesses

Trading businesses often require customer, vendor, inventory and bank reconciliation support.

Manufacturing and Project Businesses

Manufacturing and project-oriented businesses may require cost centres, fixed asset accounting, inventory coordination and project-level reporting.

Accounting Services in Delhi NCR and Across India

Accounting Services in Delhi NCR

EzyBiz India is headquartered in New Delhi and provides accounting and bookkeeping services to businesses in Delhi NCR.

Virtual Accounting Across India

Through cloud systems and remote access, we can provide accounting services to businesses in different parts of India.

Accounting Support for Overseas Management

Where promoters or parent companies are located outside India, accounting information and reports can be shared electronically with overseas management teams.

Benefits of Outsourcing Accounting Services

Access to Professional Expertise

Outsourcing can provide access to professionals with experience in accounting, taxation, compliance and financial reporting.

Scalable Accounting Support

The scope of accounting support can increase as the company grows, transaction volume rises or reporting requirements become more complex.

Improved Accounting Discipline

Defined accounting schedules, reconciliations and closing processes can help improve consistency and accuracy.

Management Focus

Outsourcing routine accounting work can allow promoters and management teams to focus more on operations and business growth.

For further reading, see our guide on the Benefits of Outsourcing Accounting Functions.

Why Choose EzyBiz India for Accounting Services?

Chartered Accountant-Led Team

Our services are supported by professionals with experience in accounting, taxation, audit and regulatory compliance.

20+ Years of Professional Experience

Our leadership has more than two decades of professional experience working with Indian and international businesses.

Experience With Foreign-Owned Businesses

We understand the additional accounting and reporting requirements that can arise where an Indian company reports to an overseas parent.

Integrated Accounting and Compliance Support

Accounting is closely connected with GST, TDS, payroll, tax, audit, FEMA and corporate compliance. Our broader advisory capability can help businesses coordinate these areas.

Flexible Engagement Model

Businesses can choose complete outsourcing, virtual accounting or selective support according to their needs.

Support for Growing Businesses

Our scope can be adjusted as transaction volumes, reporting requirements and business complexity increase.

Frequently Asked Questions About Accounting Services in India

What do accounting services in India include?

Accounting services may include bookkeeping, bank reconciliation, accounts payable, accounts receivable, month-end closing, financial reporting, MIS and accounting support for GST, TDS and audit.

What are outsourced accounting services?

Outsourced accounting means engaging an external professional team to manage agreed accounting functions instead of handling all activities internally.

What are virtual accounting services?

Virtual accounting services are delivered remotely using accounting software, secure access and digital document sharing.

Can we outsource our complete accounting department?

Yes. Subject to the agreed scope, businesses can outsource most or all routine accounting and reporting activities.

Can you work with our existing accountant?

Yes. We can work alongside an internal accountant and handle selected activities such as reconciliations, closing, reporting or review.

Can you manage backlog accounting?

Yes. We can undertake pending or catch-up accounting after reviewing transaction volume, period involved and supporting records.

Which accounting software do you support?

Depending on the engagement, we can work with Tally, Zoho Books, QuickBooks, Xero, SAP, Oracle, Microsoft Dynamics and other systems.

Do accounting services include GST and TDS filing?

Accounting support may include preparation and reconciliation of data required for GST and TDS compliance. Statutory filings can be included separately depending on the engagement scope.

Can you support foreign-owned companies?

Yes. We assist foreign subsidiaries with Indian accounting, inter-company accounting, foreign-currency transactions and overseas parent reporting.

How frequently can reports be prepared?

Reports can be prepared monthly, quarterly or at another agreed frequency depending on management requirements.

What information is required to start accounting services?

Typical information may include accounting software access, bank statements, invoices, customer and vendor data, opening balances, payroll information and statutory details.

Can you assist with accounting software migration?

Depending on the scope, we can assist with accounting clean-up, opening balances and migration-related accounting support.

How much do accounting services cost in India?

Professional fees depend on transaction volume, number of bank accounts, reporting frequency, software, statutory requirements and overall complexity of the engagement.

Related Accounting Guides

• Accounting and Bookkeeping for Wholly Owned Subsidiaries in India
• Accounting and Bookkeeping for Branch, Liaison and Project Offices in India
• Outsourced Accounting vs In-House Accounting in India
• Accounting Compliance Calendar in India
• Month-End Accounting Checklist in India
• Benefits of Outsourcing Accounting Functions

Related Services

• Managed Business Services in India
• Virtual CFO Services in India
• Payroll Outsourcing Services in India
• Tax and Regulatory Advisory Services in India
• FEMA and RBI Advisory Services
• India Market Entry Consulting Services

Speak With Our Accounting Team

If your business requires regular bookkeeping, outsourced accounting, reconciliations, month-end closing, MIS reporting or accounting support for an Indian subsidiary, our team can structure an engagement according to your transaction volume, systems and reporting requirements.

You may share your accounting software, approximate monthly transaction volume, number of bank accounts, current accounting status and reporting requirements with us so that an appropriate scope can be proposed.

Reviewed By

Anil Agrawal, Chartered Accountant
Founder, EzyBiz India Consulting LLP

Anil Agrawal is a Chartered Accountant with more than 20 years of professional experience in accounting, taxation, regulatory compliance, international business advisory and finance-related matters.

Last Updated: September 2026

Disclaimer

The information provided on this page is general in nature and is intended for informational purposes only. It should not be treated as accounting, tax, legal, regulatory or financial advice for any particular business or transaction.

The appropriate accounting treatment, statutory requirements, tax implications and compliance obligations depend on the facts of each case, the legal structure of the entity, applicable accounting standards, tax laws and regulatory requirements. Businesses should obtain professional advice before acting on the information provided on this page.