Accounting & Bookkeeping for Your Business
Accurate, up-to-date books of accounts maintained monthly — so your business is always audit-ready, GST-compliant, and financially clear.
Book Free ConsultationWhy Accounting & Bookkeeping Matters
Accurate books of accounts are the foundation of every compliant and financially healthy business. They are required for GST return filing, income tax computation, TDS compliance, bank loan applications, and audit purposes. Without proper books, businesses face compliance risks, incorrect tax filings, and difficulty in financial decision-making.
RLVC maintains your books on a monthly or quarterly basis — fully digitally, using structured accounting records that are accurate, reconciled, and ready for any compliance or audit requirement at any time.
Who Needs This Service?
- Small and medium businesses (proprietorship, partnership, LLP, pvt ltd)
- Startups that need structured financial records from day one
- Freelancers and professionals with business income
- Businesses required to maintain books under the Income Tax Act or Companies Act
- GST-registered businesses that need reconciled GST accounting
- Businesses preparing for a bank loan, audit, or investor due diligence
What Happens Without Proper Books
No Financial Clarity
Without accurate P&L and balance sheet, business owners have no reliable picture of profitability, cash position, or outstanding liabilities — decisions are made blind.
GST Filing Delays
Disorganised books mean GST returns get filed with errors or late — attracting late fees, interest on unpaid tax, and ITC reversals that reduce your input credit.
Bank Reconciliation Gaps
Unreconciled bank accounts lead to duplicate payments, undetected fraud, and incorrect financial statements — creating problems during audits and loan applications.
Audit Failure Risk
If books are not maintained as per law, a tax audit or statutory audit can result in adverse remarks, penalties under Section 271A, and compliance notices.
Unpaid Bills Piling Up
Without proper accounts payable tracking, vendor dues pile up unnoticed — damaging supplier relationships and creating hidden liabilities on your balance sheet.
Bank Loan Rejected
Banks require audited financials and ITR for loan approvals. Disorganised or unaudited books directly result in loan rejections — blocking business growth when you need capital most.
How RLVC Helps
Day-to-Day Bookkeeping
All sales, purchases, expenses, and receipts are recorded systematically — maintaining a clean general ledger and complete books of accounts.
Bank Reconciliation
Bank statements are matched with your books every month to ensure every transaction is accounted for and discrepancies are caught early.
P&L and Balance Sheet
Monthly Profit & Loss statements and quarterly or annual Balance Sheets — giving you a clear picture of your business's financial health.
GST Accounting & Reconciliation
GST on sales and purchases is recorded correctly, ITC is tracked, and books are reconciled with GST returns to prevent discrepancies.
Accounts Receivable & Payable
Outstanding debtors and creditors are tracked so you always know who owes you and what you owe — essential for cash flow management.
Audit-Ready Financial Statements
All books are maintained to the standard required for statutory audit, tax audit, and bank loan documentation — no scrambling at year end.
Documents Required
Share these with RLVC digitally — via WhatsApp or email. No physical submission required.
- All sales invoices (B2B and B2C)
- All purchase invoices and bills
- Bank statements (all business accounts)
- Cash payment and receipt vouchers
- Previous year's financial statements
- Previous GST returns (GSTR-1, GSTR-3B)
- Salary and payroll records
- Loan repayment schedules (if any)
- Stock or inventory records (if applicable)
- Fixed asset purchase invoices
How We Work
Data Collection
You share all invoices, bank statements, and supporting documents via WhatsApp or email — monthly or at a frequency agreed upfront.
Recording & Classification
Every transaction is recorded, categorised, and posted to the correct ledger heads — sales, purchases, expenses, assets, liabilities.
Reconciliation & Reporting
Bank statements are reconciled, GST accounting is matched with returns, and monthly P&L and balance sheet are prepared and shared.
Year-End Finalization
Annual financial statements are prepared — ready for income tax filing, statutory or tax audit, bank submissions, or investor review.
Benefits of Professional Accounting
Real-Time Financial Clarity
Know your profit, cash position, and pending liabilities every month — so business decisions are based on facts, not estimates.
Audit-Ready at All Times
Books maintained to the required standard mean no last-minute panic before audits, assessments, or bank document requests.
GST Returns On Time
With organised books, GSTR-1 and GSTR-3B data is always ready — ensuring timely filing, zero penalties, and full ITC recovery.
Zero Reconciliation Gaps
Monthly bank reconciliation means every payment and receipt is accounted for — no duplicates, no missing transactions, no surprises.
Loan-Ready Financials
Proper books and audited financial statements give banks the confidence to approve loans — supporting business growth when capital is needed.
Tax Planning Enabled
Clean books give RLVC the data needed to identify legitimate deductions, plan advance tax, and minimise your tax liability legally.
Why Clients Choose RLVC
25+ Years of Deep Expertise
Since 1999, RLVC has specialised exclusively in income tax, GST, and business tax — not a general CA firm that dabbles in everything.
700+ Income Tax Clients
With 700+ individual and business income tax clients and 180+ GST registered clients served, RLVC's track record speaks for itself.
Completely Digital — Pan India
Share documents via WhatsApp or email. RLVC handles everything digitally — you don't need to visit an office regardless of where in India you are.
Deadline Guarantee
RLVC tracks every compliance deadline — income tax, GST, TDS — and ensures your filings are done well before the due date every time.
Direct Advisor Access
You work directly with experienced tax professionals — not with juniors or assistants. Your queries are answered by people who know your case.
End-to-End Service
From GST registration to income tax filing, TDS returns to CIT(A) appeals — RLVC covers the full spectrum of tax compliance so you never need to go elsewhere.
Frequently Asked Questions
How do I share my data with RLVC?
You can share bank statements, invoices, expense receipts, and purchase bills via WhatsApp or email — entirely digital. RLVC organises, records, and maintains the books. No physical documents need to be couriered.
How often will I receive financial statements?
Monthly P&L statements are shared at the end of each month. Balance sheets and full financial statements are prepared quarterly or annually depending on your requirement. RLVC can also prepare statements on demand for bank submissions or investor presentations.
Is digital bookkeeping legally valid in India?
Yes. The Income Tax Act and Companies Act permit digital books of accounts maintained in electronic form. RLVC maintains books in a structured, compliant format acceptable to tax authorities, auditors, and banks.
Do I need accounting if I am a small business or proprietorship?
Yes. Even sole proprietors are required to maintain books if their income or turnover crosses the prescribed limits under the Income Tax Act. Proper books also help you claim all legitimate business expenses and deductions — reducing your tax liability.
Can RLVC handle accounting for multiple businesses or entities?
Yes. RLVC manages books for multiple business entities — including businesses with separate GST registrations, multiple proprietorships, or group companies. Each entity's books are maintained independently with full reconciliation. Contact RLVC to discuss your specific structure.
Also helpful: TDS Return Filing · GST Return Filing ; ; Salary Slip Generator
Clean books. Clear business.
Let RLVC manage your accounts so you always know where your business stands.