Bookkeeping Services

Overview

Bookkeeping is the systematic recording and organisation of financial transactions for a business. Properly maintained books are essential for GST compliance, income tax filing, business decision-making, investor reporting and statutory audits. VSB Consultants provides recurring bookkeeping support designed to keep your accounts organised and up to date.

Who Needs Bookkeeping Support?

• Small and medium businesses without a full-time accountant
• Startups needing organised financial records from the beginning
• Businesses with growing transaction volumes
• Companies seeking MIS reporting and financial visibility
• Entities required to maintain books of account under tax or company law

Services Included

• Sales and Purchase Accounting: Recording all sales invoices, purchase bills and credit/debit notes
• Bank Entries and Reconciliation: Recording bank transactions and reconciling bank statements with books
• Expense Booking: Categorisation and recording of business expenses
• Customer and Vendor Ledgers: Maintaining updated ledgers for receivables and payables
• Receivables and Payables Review: Periodic review of outstanding amounts
• GST-Related Data Support: Ensuring accounting data is aligned with GST return requirements
• Periodic Closing: Monthly or quarterly closing of books with trial balance review
• Basic MIS Reporting: Profit and loss summary, balance sheet overview and key financial metrics
• Document Tracking: Organised tracking of invoices, bills and supporting documents
• Recurring Workflow: Clear weekly/monthly process with defined timelines and deliverables

How the Recurring Engagement Works

1. Share source documents (invoices, bills, bank statements) on a defined schedule
2. Our team records, categorises and reconciles the data
3. Periodic review and closing of books
4. Reports and summaries shared with the client
5. Any queries or discrepancies are flagged and resolved

Benefits of Outsourced Bookkeeping

• No need to hire a full-time accountant
• Consistent and organised records
• Accurate data for GST returns and income tax filing
• Financial visibility through periodic reporting
• Reduced risk of errors and missed entries

What You Will Receive

• Updated books of accounts
• Bank reconciliation statements
• Customer and vendor ledger summaries
• Monthly/quarterly profit and loss statement
• Balance sheet summary
• GST-ready accounting data

Why Choose VSB Consultants?

We provide structured, recurring bookkeeping support with defined timelines and deliverables. Our team integrates with your workflow, maintains consistent quality and ensures your books are always audit and compliance-ready.