Accounting and Bookkeeping Services in India

EzyBiz India provides accounting and bookkeeping services in India to foreign-owned subsidiaries, overseas businesses, startups, SMEs and growing companies that require reliable day-to-day accounting and financial reporting support.

Our services include bookkeeping, purchase and sales accounting, bank and ledger reconciliations, accounts receivable and payable monitoring, monthly closing, management reporting and accounting support for GST, TDS, audit and other statutory compliances.

Businesses can engage us for complete accounting outsourcing, virtual accounting support or selected finance-function activities. We can work with the client’s existing finance team or manage the agreed accounting function remotely using Tally, Zoho Books, QuickBooks, Xero and other accounting or ERP platforms.

For foreign-owned businesses in India, we can also support inter-company accounting, foreign-currency transactions, group reporting and coordination of accounting information required by the overseas parent.

Need Reliable Accounting Support in India? Tell us about your transaction volume, accounting software and reporting requirements. Our team can help determine the appropriate accounting support model for your business.

Businesses requiring accounting together with payroll, compliance, financial reporting and finance-function support may also explore our Managed Business Services in India.

Accounting and Bookkeeping Services in India — At a Glance

Area	Our Accounting Support
Service Model	Complete outsourcing, virtual accounting or support to an existing finance team
Routine Accounting	Purchase, sales, expense, bank and general ledger accounting
Reconciliations	Bank, customer, vendor, inter-company and ledger reconciliations
Receivables & Payables	Ageing reports, outstanding tracking and management reporting
Monthly Closing	Accruals, provisions, prepaid expenses, depreciation, ledger review and trial balance
Management Reporting	Profit & loss, balance-sheet summaries, ageing reports, cash-flow and other MIS reports
Tax & Compliance Coordination	Accounting data support for GST, TDS, income tax, audit and corporate compliance
Foreign-Owned Companies	Indian accounting, inter-company transactions, foreign-currency accounting and overseas group reporting
Accounting Software	Tally, Zoho Books, QuickBooks, Xero, SAP, Oracle, Microsoft Dynamics and other ERP/cloud platforms
Suitable For	Foreign-owned subsidiaries, overseas businesses, startups, SMEs and growing companies

Delivery: Services can be provided remotely across India and coordinated with the client’s management, finance team, overseas parent or other professional advisers.

What Are Accounting and Bookkeeping Services in India?

Accounting and bookkeeping services involve recording and maintaining a business’s financial transactions, ledgers, reconciliations, monthly closing and financial reporting.

Businesses may manage these activities internally or outsource some or all of the accounting function to an external service provider. Under an outsourced or virtual accounting model, the service provider may handle routine bookkeeping, reconciliations, receivables and payables, month-end closing and management reporting while coordinating with the company’s management, finance team and other advisers.

Why Do Businesses Outsource Accounting and Bookkeeping?

Businesses commonly outsource accounting activities to:

• reduce the cost and dependence associated with maintaining a complete in-house accounting team;
• improve the accuracy and timeliness of accounting records;
• obtain scalable accounting support as transaction volumes grow;
• strengthen reconciliations and financial controls;
• improve readiness for GST, TDS, income tax, audit and other compliance requirements; and

The appropriate outsourcing model depends on transaction volume, accounting software, reporting requirements, business complexity and the level of finance support required.

Businesses requiring tax support may explore our Tax and Regulatory Advisory Services in India.

Allow Management to Focus on Business Operations

Outsourcing routine accounting activities allows management to concentrate on customers, sales, operations and business expansion.

You can also read our detailed guide on the Benefits of Outsourcing Accounting Functions.

Scope of Our Accounting and Bookkeeping Services

Our accounting and bookkeeping services in India can cover the complete accounting function or selected activities depending on the client’s transaction volume, accounting system, internal finance team and reporting requirements.

1. Routine Bookkeeping and Transaction Accounting

We assist with day-to-day recording and classification of financial transactions, including:

• purchase and expense invoices;
• sales invoices and credit notes;
• bank receipts and payments;
• employee reimbursements;
• customer receipts and vendor payments;
• debit notes, credit notes and adjustments; and
• maintenance of customer, vendor and general ledgers.

The objective is to maintain complete, organised and up-to-date accounting records that can support management reporting and statutory compliance.

2. Bank, Customer and Vendor Reconciliations

Regular reconciliations help identify missing, duplicate, incorrectly recorded or long-pending transactions.

Our support may include:

• bank reconciliations;
• customer ledger reconciliations;
• vendor ledger reconciliations;
• inter-company reconciliations;
• identification of unallocated receipts or payments;
• review of customer and vendor advances; and
• preparation of reconciliation statements and ageing reports.

3. Accounts Receivable and Accounts Payable Support

We assist businesses in monitoring amounts receivable from customers and payments due to vendors.

This may include:

• receivable and payable ageing reports;
• overdue invoice tracking;
• customer receipt allocation;
• vendor payment tracking;
• monitoring advances;
• highlighting long-pending balances; and
• periodic receivable and payable summaries for management.

4. Monthly Closing and Financial Reporting

A structured month-end closing process helps ensure that accounting records are complete, reconciled and ready for management review.

Our support may include:

• month-end ledger review;
• accounting for accruals, provisions and prepaid expenses;
• depreciation and fixed-asset accounting;
• review of outstanding liabilities and receivables;
• trial balance preparation and review;
• profit and loss and balance-sheet schedules; and
• monthly or periodic management reports.

Depending on the engagement, management reporting may also include cash and bank positions, customer and vendor ageing, expense analysis, cost-centre reports and budget-versus-actual reporting.

5. GST, TDS and Payroll Accounting Coordination

Accurate accounting records form the foundation for tax and statutory compliance.

Our accounting support may include:

• preparation and review of sales and purchase data for GST;
• GST ledger reconciliation;
• coordination of accounting data required for GSTR-1 and GSTR-3B;
• identification and recording of transactions relevant for TDS;
• reconciliation of TDS ledgers;
• payroll-related accounting entries; and
• recording of statutory liabilities.

GST return filing, TDS compliance, payroll processing and tax advisory services can be undertaken separately where included in the agreed scope.

6. Inter-Company, Foreign Currency and Group Accounting

For businesses operating within a group or dealing with overseas customers, vendors or parent companies, we can assist with:

• inter-company invoices and reconciliations;
• cost allocations and reimbursements;
• foreign-currency receipts and payments;
• exchange-rate differences and period-end revaluation;
• related-party balance schedules;
• group chart-of-accounts mapping; and
• financial information required for overseas group reporting.

7. Year-End, Audit and Compliance Support

We assist businesses in organising accounting records for year-end closing, audit and statutory compliance.

Support may include:

• completion of ledger reconciliations;
• preparation of trial-balance schedules;
• customer and vendor ageing;
• fixed-asset schedules;
• loan, advance and statutory liability schedules;
• GST and TDS reconciliations;
• provision and expense schedules;
• balance confirmations; and
• coordination of accounting records required for statutory audit, tax compliance and corporate reporting.

Businesses requiring strategic financial planning and analysis may also explore our Virtual CFO Services.

Need Professional Accounting Support?

Whether you need complete accounting outsourcing, bookkeeping support, reconciliations, monthly closing or management reporting, our Managed Services team can design an accounting solution according to your business requirements.

Accounting Services for Foreign-Owned Subsidiaries in India

Foreign-owned subsidiaries operating in India often need to maintain Indian accounting records while also meeting the reporting requirements of their overseas parent or group finance team.

EzyBiz India assists foreign-owned companies with day-to-day accounting, reconciliations, monthly closing and management reporting, while coordinating India-level accounting information with overseas group requirements.

Our support may include:

• maintenance of Indian books of account;
• group chart-of-accounts mapping;
• inter-company accounting and reconciliations;
• foreign-currency accounting;
• customer and vendor reconciliations;
• monthly or quarterly reporting packs;
• GST and TDS accounting-data coordination;
• audit and year-end accounting support; and
• reporting to the overseas parent or group finance function.

Inter-Company and Cross-Border Accounting Support

Foreign-owned businesses often have recurring transactions with their overseas parent, subsidiaries or other group entities.

We can assist with:

• inter-company invoices;
• cost allocations and reimbursements;
• loan and funding transactions;
• inter-company reconciliations;
• debit and credit notes;
• currency and timing differences;
• related-party balance schedules; and
• group reporting support.

Transfer pricing, international taxation related matters can be addressed separately through our International Tax & Transfer Pricing

Foreign companies planning to establish operations in India may also explore our India Market Entry Consulting Services.

Depending upon the proposed India structure, relevant resources include:

• Wholly Owned Subsidiary in India
• Joint Venture Registration in India

Foreign-exchange and cross-border regulatory matters can also be considered through our FEMA and RBI Advisory Services.

The Reserve Bank of India is the principal authority responsible for India’s foreign-exchange regulatory framework.

Supporting Overseas Group Reporting

Where the overseas parent follows a prescribed group chart of accounts or reporting format, our accounting team can coordinate India-level financial information in the required structure.

This may include monthly or quarterly reporting packs, inter-company balances, customer and vendor information, expense analysis and other agreed management reports.

Accounting Software We Support

Our virtual accounting and bookkeeping services can be delivered using the client’s existing accounting system or an agreed cloud-based platform.

Depending on the engagement, our team may work with:

• Tally
• Zoho Books
• QuickBooks
• Xero
• SAP
• Oracle
• Microsoft Dynamics
• other ERP and cloud-accounting platforms

For businesses using an overseas accounting or ERP system, we can also support India-level accounting and group reporting based on the agreed chart of accounts and reporting requirements.

System access, responsibilities, approval controls and reporting timelines are agreed at the beginning of the engagement.

Flexible Accounting Outsourcing Models

Businesses can outsource their complete accounting function or selected activities depending on their internal finance capabilities and reporting requirements.

Complete Accounting Outsourcing

Our team manages the agreed day-to-day accounting, reconciliations, monthly closing and financial reporting activities.

This model may be suitable for startups, SMEs, foreign-owned subsidiaries and overseas businesses that do not maintain a complete in-house accounting team.

Support to an Existing Finance Team

Where a business already has accountants or finance personnel, we can supplement the internal team with selected activities such as reconciliations, ledger reviews, monthly closing, management reporting, group reporting and audit-support schedules.

Transaction Processing Support

Businesses may outsource selected routine activities such as purchase accounting, sales accounting, expense accounting, bank entries, customer receipts and vendor payments.

Periodic Closing and Review Support

Businesses maintaining day-to-day accounting internally can engage us for month-end, quarter-end or year-end closing, including ledger review, reconciliations, trial-balance review, accruals, provisions and audit preparation.

Project-Based Accounting Support

We can also assist with specific accounting projects such as backlog accounting, historical accounting clean-up, reconciliation clean-up, opening-balance reviews, accounting-software migration, fixed-asset registers and audit schedules.

Our Accounting Implementation Process

Our accounting engagement begins with understanding the business, existing accounting environment and reporting requirements before finalising the scope and implementation process.

Step 1 — Understand the Business and Requirements

We review the nature of the business, legal structure, transaction volume, bank accounts, customer and vendor profile, accounting software, existing finance team, tax obligations and management or overseas reporting requirements.

Step 2 — Review Existing Accounting Records

Where accounting records already exist, we may review the trial balance, chart of accounts, bank reconciliations, customer and vendor ledgers, statutory liabilities, fixed assets, opening balances, suspense accounts and pending accounting entries.

This helps identify any clean-up, reconciliation or transition work required before regular accounting begins.

Step 3 — Finalise Scope, Responsibilities and Timelines

We agree the accounting activities to be handled by our team, documents and information required from the client, approval responsibilities, reporting timelines, closing dates, access permissions and agreed deliverables.

Step 4 — Set Up the Accounting Workflow

Depending on the engagement, we establish the required accounting workflow, which may include system access, document-sharing procedures, chart of accounts, customer and vendor masters, opening balances, cost centres, reporting formats, reconciliation templates and closing checklists.

Step 5 — Regular Accounting, Review and Reporting

Accounting and reconciliation activities are performed according to the agreed frequency. Clarifications and pending items are tracked, period-end closing is completed, and accounting records and agreed reports are reviewed before being shared with management.

Who We Provide Accounting and Bookkeeping Services To

Our accounting and bookkeeping services in India can be customised for businesses at different stages of growth and across different operating models.

We commonly support:

Foreign-Owned Subsidiaries and Overseas Businesses

Indian subsidiaries and overseas groups operating in India may require local accounting, inter-company reconciliations, foreign-currency accounting, management reporting and coordination with the overseas finance team.

Startups and Growing SMEs

Startups and small and medium-sized businesses can use outsourced accounting support without immediately building a complete in-house finance department. The scope can expand as transaction volumes and reporting requirements increase.

Professional and Technology Businesses

Consulting firms, technology companies, agencies and other professional service businesses may require support with invoicing, expenses, receivables, reconciliations and periodic management reporting.

Trading, Distribution and E-Commerce Businesses

We can support businesses with purchase and sales accounting, customer and vendor reconciliations, receivable and payable ageing, marketplace or payment-gateway settlements and related accounting activities.

Manufacturing, Project-Based and Multi-Location Businesses

Accounting support may include cost-centre or project-wise accounting, expense allocation, vendor tracking, fixed-asset accounting, branch reconciliations and periodic financial reporting.

Data Security and Confidentiality

Accounting records contain sensitive commercial and financial information. The appropriate security process is therefore agreed based on the client’s systems, access requirements and internal information-security policies.

Depending on the engagement, controls may include:

• role-based or restricted system access;
• secure document-sharing channels;
• defined approval rights;
• controlled access to accounting data;
• confidentiality obligations;
• periodic access reviews; and
• withdrawal of access after completion of the engagement.

Where clients use their own ERP, accounting system or document-sharing environment, our team works within the agreed access and security framework.

Why Choose EzyBiz India for Accounting and Bookkeeping Services?

Chartered Accountant-Led Accounting Support

Our accounting services are supported by professionals with experience in accounting, taxation, regulatory compliance and financial reporting, helping businesses maintain records that are useful for both management and statutory requirements.

Experience With Foreign-Owned and Indian Businesses

We support foreign-owned subsidiaries, overseas groups, startups, SMEs and other businesses operating in India, including engagements involving inter-company accounting, foreign-currency transactions and overseas reporting requirements.

Integrated Accounting, Tax and Compliance Capability

Accounting activities are closely connected with GST, TDS, payroll, income tax, audit and corporate compliance. Our broader professional capabilities help improve coordination between the accounting function and these related requirements.

Customised Scope of Work

We do not apply one standard accounting package to every business. The scope is designed based on transaction volume, accounting software, business complexity, number of locations, reporting requirements and group-reporting needs.

Structured Delivery and Review Process

Defined responsibilities, closing timelines, reconciliation procedures, clarification tracking and periodic review help maintain consistency and accountability throughout the engagement.

Management-Focused Reporting

Our role can extend beyond transaction recording to provide agreed financial information such as reconciliations, ageing reports, periodic financial statements and management reports for business review.

Scalable Accounting Support

The scope of services can be expanded or adjusted as the business grows, transaction volumes increase or management and overseas reporting requirements change.

Accounting and Bookkeeping Services in Delhi NCR

In addition to serving clients across India through our virtual accounting model, EzyBiz India provides accounting and bookkeeping services in Delhi NCR through its office at District Centre, Janakpuri, New Delhi.

We assist businesses in Janakpuri, Vikaspuri, Dwarka, Uttam Nagar, Tilak Nagar, Rajouri Garden, Paschim Vihar, West Delhi and other parts of Delhi NCR with accounting, bookkeeping, GST coordination, TDS, payroll, financial reporting and ongoing compliance support.

Businesses looking specifically for a local CA and accounting firm can explore our existing Accounting and CA Services in Delhi page.

Related Services

Businesses using our accounting services may also require:

• Managed Business Services in India
• Accounting and CA Services in Delhi
• Virtual CFO Services
• Payroll Outsourcing Services in India
• GST and Indirect Tax Services
• Corporate Secretarial and ROC Compliance

Frequently Asked Questions

What are accounting and bookkeeping services?

Accounting and bookkeeping services involve recording and maintaining business financial transactions, ledgers, reconciliations, monthly closing and financial reporting.

These activities may be performed internally, at the client’s premises or through a virtual or outsourced accounting model.

What are virtual accounting services?

Virtual accounting services involve managing agreed accounting activities remotely using accounting software, secure system access and digital document-sharing processes.

Depending on the scope, virtual accounting may include bookkeeping, reconciliations, monthly closing and financial reporting.

Can EzyBiz India manage our complete accounting function?

Yes. Subject to an agreed scope, EzyBiz India can manage the complete accounting process or selected activities such as transaction recording, reconciliations, receivables and payables, monthly closing and financial reporting.

Management approvals and commercial decision-making remain with the client.

Can you work with our existing accountant or finance team?

Yes. Our team can work alongside an existing finance function and handle selected activities such as bookkeeping, reconciliations, backlog accounting, month-end closing, group reporting or management reporting.

Do you provide accounting services to foreign-owned subsidiaries in India?

Yes. We assist foreign-owned subsidiaries with Indian accounting, reconciliations, inter-company transactions, foreign-currency accounting, monthly or quarterly reporting and coordination with overseas group finance teams.

Which accounting software do you support?

Depending on the client’s requirements and system access, we may work with Tally, Zoho Books, QuickBooks, Xero, SAP, Oracle, Microsoft Dynamics and other accounting or ERP platforms.

We can also work with overseas group accounting systems where appropriate.

Do your accounting services include GST and TDS compliance?

GST and TDS accounting-data coordination can form part of the accounting scope, including preparation and reconciliation of relevant accounting information.

Return filing, tax advice and related compliance services may be included or undertaken separately under an agreed scope.

Can you help clear old or incomplete accounting records?

Yes. Historical or backlog accounting can be undertaken after reviewing the period involved, transaction volume, available records, opening balances and reconciliation status.

The required clean-up work is assessed before the regular accounting process begins.

Do you provide accounting and bookkeeping services in Delhi NCR?

Yes. In addition to providing virtual accounting services across India, EzyBiz India provides accounting and bookkeeping support to businesses in Janakpuri, West Delhi and other parts of Delhi NCR.

Businesses seeking local accounting and Chartered Accountant support can also visit our Accounting and CA Services in Delhi page.

How much do accounting and bookkeeping services cost in India?

Professional fees depend on the scope and complexity of the accounting engagement. Relevant factors may include transaction volume, number of bank accounts or entities, accounting software, reporting frequency, reconciliation requirements, foreign-currency transactions, historical backlog and overseas group-reporting requirements.

A customised proposal is provided after understanding the accounting scope.

How do we start an accounting engagement with EzyBiz India?

The process normally begins with a discussion of the business, accounting system, transaction volume, existing accounting status and reporting requirements.

We then define the scope of work, responsibilities, implementation process, reporting timelines and professional fees before commencing the engagement.

Looking for Reliable Accounting and Bookkeeping Support in India?

Whether you need complete accounting outsourcing, virtual bookkeeping, monthly reconciliations, financial reporting or support for your existing finance team, EzyBiz India can structure an accounting solution based on your business requirements.

For foreign-owned subsidiaries and overseas businesses, we can also coordinate Indian accounting with inter-company transactions, foreign-currency accounting and group reporting requirements.

Reviewed By

Anil Agrawal, Chartered Accountant
Founder, EzyBiz India Consulting LLP

Anil Agrawal is a Chartered Accountant with over 20 years of professional experience in accounting, taxation, regulatory compliance and business advisory. He advises Indian and foreign-owned businesses on accounting, tax, compliance and finance-related matters.

Last Updated: September 2026

Disclaimer

The information provided on this page is general in nature and should not be treated as accounting, tax, legal or regulatory advice for any specific business.

The actual scope of accounting and bookkeeping services depends on the client’s business activities, records, transaction volume, accounting system, internal controls and reporting requirements.

Tax filings, statutory audits, certifications and other attest functions are undertaken separately where applicable and in accordance with relevant legal and professional requirements.