Book Keeping
Plan
Process
Documents and Information Required
Plan
Who Should consider this Plan
All firms governed by India’s 2013 Companies Act.
Process
- Establish a Chart of Accounts
- Record Financial Transactions
- Maintain the General Ledger
- Perform Bank Reconciliations
- Manage Accounts Receivable & Payable
- Calculate & Account for Depreciation
- Prepare Financial Statements
- Generate Financial Reports
- Retain Supporting Documentation
Documents and Information Required
- Sales Invoices
- Purchase Invoices
- Bank statements
- Receipts
- Payroll Records
- Expense reports
- Bank deposit slips
- Credit card statements
- Contracts and Agreements
- General Ledger