Accounting Services in India Tailored for Startups and Businesses

From bookkeeping to audits, we handle it all so you can focus on growth.

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Accounting Services in India

Managing your business finances efficiently is crucial for growth and compliance. At My Legal Tax, we offer professional accounting services in India designed for startups, small businesses, and established firms. Our team provides end-to-end bookkeeping, tax filing, and financial reporting to keep your business compliant and stress-free.

Key Functions of Accounting:

  1. Recording Transactions – Keeping track of every financial activity (sales, expenses, investments, etc.).
  2. Classifying Data – Organizing transactions into categories (like revenue, expenses, assets, liabilities).
  3. Summarizing – Preparing financial statements that show the overall picture of finances.
  4. Analyzing – Understanding financial trends and performance.
  5. Reporting – Sharing financial information for decision-making and legal compliance.

Main Types of Accounting:

  1. Financial Accounting – Focuses on preparing reports for external stakeholders like investors, banks, and tax authorities.
  2. Managerial Accounting – Provides insights for internal decision-making within the company.
  3. Cost Accounting – Tracks and analyzes the costs of producing goods or services.
  4. Tax Accounting – Deals with preparing tax returns and ensuring compliance with tax laws.

Why Is Accounting Important?

Accounting is important because it is the backbone of every business — it turns raw financial data into meaningful information that helps owners, managers, and stakeholders make informed decisions.

Here’s why accounting matters:

Track Financial Performance

Record all income and expenses to know whether your business is making profit or loss.

Better Decision Making

Accurate financial data helps you make informed choices about investments, pricing, and growth.

Legal & Tax Compliance

Ensure your business stays compliant with regulations and makes accurate tax filings.

Budgeting & Planning

Organized accounting helps you forecast budgets and plan for sustainable growth.

Build Stakeholder Trust

Transparent financial records enhance credibility with investors, banks, and partners.

Our Accounting Services

Bookkeeping

Accurate recording of your daily transactions for financial clarity.

Financial Statements

Preparation of balance sheets, P&L statements, and cash flow reports.

Tax Preparation & Filing

Ensuring timely filing & compliance with local tax laws.

Payroll Management

Accurate salary processing & statutory compliance for employees.

Budgeting & Forecasting

Data-driven insights to guide business growth.

Audit Support

Preparation & assistance for audits and financial inspections.

Our Simple 3-Step Process

1

Submit Your Financial Data

Share your documents and details with us securely.

2

We Process & Analyze

Our team carefully reviews and processes your data.

3

Receive Accurate Reports & Insights

Get detailed reports and insights to make informed decisions.

Why Choose Us

Expertise. Accuracy. Transparency. Every step of the way.

Accurate Financial Records

We ensure your books of accounts are accurate and up-to-date, giving you a clear view of your finances anytime.

Regulatory Compliance

We keep your accounting and tax filings in line with the latest laws and regulations to avoid compliance issues.

Cost-Effective Solutions

We design efficient accounting processes that control costs while supporting your business growth.

Real-Time Insights

We deliver timely financial reports so you can make informed business decisions.

Confidential & Secure Handling

Your financial data is handled with utmost confidentiality using secure systems and protocols.

Frequently Asked Questions

What documents do I need to provide for accounting services?

You will need to share financial records such as bank statements, invoices, receipts, bills, payroll details, and any other relevant documents.

How often will I receive financial reports?

We offer customized reporting frequency — monthly, quarterly, or annually — depending on your business needs.

Is my financial data secure?

Yes. We use secure systems and follow strict confidentiality protocols to ensure your data is always safe.

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Ready to Simplify Your Accounting?

Let’s make financial management stress-free.