Routine bookkeeping
Recording and classification of agreed business transactions using the selected accounting workflow.
Professional service
Accounting & Bookkeeping Services
Mahajan Jyoti Associates supports businesses with routine bookkeeping, reconciliations and periodic accounting records. The workflow can be adapted to the client’s volume, software and reporting requirements.
Scope
Areas that may be included
The final scope depends on the facts, records, applicable requirements and the terms of the accepted engagement.
Bank and ledger reconciliations
Periodic comparison of bank records, ledgers and supporting information to identify open items.
Books clean-up
Review and organisation of incomplete or inconsistent records before reporting or compliance work.
Periodic reporting support
Preparation of agreed summaries and accounting reports for management review.
Working process
How the engagement is generally organised
- Review the existing books, software, transaction volume and reporting expectations.
- Agree the data-sharing schedule, responsibilities and cut-off dates.
- Process records and raise queries on missing or unclear transactions.
- Complete reconciliations and provide the agreed periodic outputs.
Questions and answers
Frequently asked questions
Can bookkeeping be handled every month?
Yes. Monthly bookkeeping is often suitable for businesses that want timely reconciliations and organised records. The frequency is agreed according to transaction volume and reporting needs.
Can incomplete books be cleaned up?
A clean-up engagement may be possible after the existing data, missing records and period involved are reviewed. The firm will first define what can reasonably be reconstructed or corrected.
Are remote bookkeeping engagements available?
Remote coordination may be available where records can be shared securely and the accounting workflow is suitable. The scope and data-access arrangements are confirmed before work starts.
Contact information
Describe the requirement without confidential attachments
The firm will confirm whether the matter is within scope and what information is required next.