Service
Accounting and bookkeeping services in Modasa
Good books make every other compliance easier. PATEL & CO. maintains accounts for businesses and professionals in Modasa and Aravalli district so that GST returns, TDS statements and income tax returns draw on the same, accurate numbers.
What the work involves
- Bookkeeping: recording sales, purchases, receipts, payments and expenses in proper books of account.
- Business accounting that follows your filing calendar — monthly or quarterly, matched to how often you file GST returns.
- Bank and cash reconciliation.
- Maintaining ledgers for customers, suppliers, loans and assets.
- Preparing periodic summaries and annual financial statements.
- Keeping vouchers and supporting documents organised.
Who needs it
- Shops, traders and small manufacturers.
- Professionals and service providers.
- Partnership firms, LLPs and companies, which have to maintain books under the laws that apply to them.
- Businesses preparing for a loan application or a change in structure.
Documents commonly needed
- Bank statements for every account.
- Sales and purchase invoices.
- Expense bills and vouchers.
- Loan statements and interest certificates.
- Stock details, where the business holds inventory.
- Payroll records, if you employ staff.
- Last year's financial statements or closing balances, for continuing businesses.
How we work with you
- 01Understand. We learn about your business or personal situation and review the documents you already have.
- 02Prepare. The required documents are organised and the work is prepared.
- 03Review. Every piece of work is checked for accuracy and completeness before it is filed.
- 04Support. You receive updates, and help with notices and queries where it applies.
Things to keep in mind
- The books you must maintain, and how they must be kept, depend on your type of entity and the laws that apply to you.
- Keeping books up to date through the year makes GST, TDS and income tax work quicker and reduces year-end corrections.
- Records have to be retained for the periods that applicable laws require; we can tell you what applies to you.
Frequently asked questions
How often should my books be updated?
It depends on the size and nature of the business. Many businesses that file monthly GST returns update their books monthly so that the books and returns agree.
Can you prepare the books from my bank statements and bills?
Yes, we can build books from the documents you provide. The more complete and organised they are, the quicker and more accurate the work.
Do I need an audit?
Whether an audit is required depends on your type of entity and on thresholds set by law, which change from time to time. We will tell you what applies to your case.
Helpful guides
Related services
- GST compliance & returnsPreparing and filing periodic GST returns, with sales and purchase records reconciled before submission.
- Income tax filingChoosing the right return form, checking income against official statements and filing and e-verifying the return.
- Business advisory & tax consultationUnderstanding your tax position and the compliance that applies to you, before decisions are taken.
This page is general information, not personal advice. Tax law, forms and due dates change, so please confirm the current position with us or on the official portals before acting.
Speak to PATEL & CO.
Tell us what you need and we will reply with what we need to see and how we can help.