Monthly sales, purchase and expense recording
We agree the source records, approval points, exception-handling process and handover output for this workstream, keeping responsibilities clear between client management and the accounting team.
Accounting & Bookkeeping · Elite Accounting
Monthly Accounting Services Packages
Predictable recurring books, reconciliation and reporting with clearly defined inclusions. Monthly accounting should be a repeatable operating system rather than a rushed year-end exercise. We scope recurring bookkeeping packages around transaction volumes, bank accounts, reconciliations and the reports your team needs each month.
Monthly Accounting PackagesElite Accounting Services · PondicherryScope-based pricing · Records reviewed securely · No invented guarantees
What is monthly accounting packages?
Financial records that support better decisions.
Monthly accounting should be a repeatable operating system rather than a rushed year-end exercise. We scope recurring bookkeeping packages around transaction volumes, bank accounts, reconciliations and the reports your team needs each month. Our approach starts by assessing existing records, business workflows and statutory obligations, so each engagement is designed around real needs rather than a generic one-price-fits-all package. The agreed outputs, review roles, responsibilities and turnaround are documented before work begins.
Detailed service scope
What our monthly accounting packages service can include
Six practical workstreams. The final service specification depends on transaction volume, business structure, records, software and required review.
Bank and payment account reconciliation
We agree the source records, approval points, exception-handling process and handover output for this workstream, keeping responsibilities clear between client management and the accounting team.
Customer and supplier balance tracking
We agree the source records, approval points, exception-handling process and handover output for this workstream, keeping responsibilities clear between client management and the accounting team.
Monthly P&L and balance sheet preparation
We agree the source records, approval points, exception-handling process and handover output for this workstream, keeping responsibilities clear between client management and the accounting team.
Open-item and missing-document reports
We agree the source records, approval points, exception-handling process and handover output for this workstream, keeping responsibilities clear between client management and the accounting team.
Optional payroll, GST and TDS coordination as add-ons
We agree the source records, approval points, exception-handling process and handover output for this workstream, keeping responsibilities clear between client management and the accounting team.
Ideal customers
Who benefits from this service?
We assess whether this engagement matches your records, company stage and the decisions you need to make.
01 · Client situation
Micro and small companies needing regular books
02 · Client situation
Scaling SMEs requiring periodic finance reporting
03 · Client situation
Owners who want a documented monthly close and exception tracker
Onboarding checklist
Documents and information required
Gather these records to help us assess the work. This is a starting checklist rather than a request to send confidential information through unsecured email.
01 · Business profile and entity type
Confirm the period and completeness of this record. We will identify any missing supporting evidence during onboarding.
02 · Estimated monthly sales, purchase and expense transactions
Confirm the period and completeness of this record. We will identify any missing supporting evidence during onboarding.
03 · Number of bank and merchant accounts
Confirm the period and completeness of this record. We will identify any missing supporting evidence during onboarding.
04 · Current accounting software and latest trial balance
Confirm the period and completeness of this record. We will identify any missing supporting evidence during onboarding.
05 · Previous reconciliation and outstanding-item lists
Confirm the period and completeness of this record. We will identify any missing supporting evidence during onboarding.
06 · Expected reporting deadline and management-report format
Confirm the period and completeness of this record. We will identify any missing supporting evidence during onboarding.
Security: Do not send passwords, raw banking credentials, PAN/Aadhaar scans or employee personal information by unapproved channels. Agree secure access permissions and document transfer first.
Step-by-step process
How the engagement works
From first review through reporting, each stage has a practical output and approval checkpoint.
Select an engagement tier
Review entry volumes, accounts, industry and the reporting requirements.
Set monthly cutoffs
Agree when invoices, statements and corrections will be supplied.
Process and reconcile
Maintain ledgers, reconcile balances and flag missing support.
Close and report
Prepare the management statements and exception log.
Review and adjust
Discuss changes in transaction volume or add-on requirements before adjusting scope.
Expected handover
What you receive
These are potential outputs rather than an unconditional promise. Each must be listed in the signed scope and supported by adequate records.
- Monthly bookkeeping entries
- Bank and key account reconciliation
- Management P&L and balance sheet
- Outstanding invoice and query tracker
- Monthly delivery checklist
What is not automatically included
- Unlimited transactions or unlimited historical corrections
- GST, TDS, ROC and payroll filings unless specifically included
- Audits and financial statement certification
Formal audit, certification, regulated tax representation and statutory sign-off require appropriately qualified practitioners and a separate engagement where applicable.
Fees and value
How we determine a suitable quotation
We do not advertise an unverified fixed price. We review transaction and account volumes, business structure, outstanding records, payroll, required reports and the level of review before quoting. Government fees, software subscriptions, tax filing and other external charges are identified separately when applicable.
Frequently asked questions
Monthly Accounting Packages FAQs
Practical answers to commercial and operational questions. Tax and statutory requirements must be reviewed against current official rules and the facts of the engagement.
Do you publish a fixed monthly fee?
Not yet. A price depends on volume, software, backlog, accounting policies and additional compliance work.
What is included in an Essential package?
A proposed Essential tier centers on routine bookkeeping, bank matching and basic month-end reporting; exact limits must be stated in the quotation.
What is included in a Growth package?
A Growth scope may add more accounts, receivables/payables reviews, management reporting and optional compliance coordination.
Do monthly accounting packages include GST filing?
Only if GST work is explicitly included as a separate deliverable with responsibilities and deadlines.
Is payroll part of the monthly accounting fee?
Payroll is generally scoped according to employee headcount, variable payroll elements and statutory obligations.
Is software included in the price?
Any software licence, third-party integration or migration charges should be identified separately.
What happens when transaction volumes increase?
The agreement should define a threshold or review mechanism for changes to volume and complexity.
Can I start mid-financial-year?
Yes, subject to opening balances and a review of prior records; catch-up work may be separately billed.
Are reports produced every month?
The agreed service schedule should specify reporting dates, document cutoffs and responsibility for approvals.
How do I choose a suitable package?
Consider entry counts, bank accounts, payroll headcount, GST/TDS needs and the reports required for decisions.
Can you take over incomplete accounts?
A separate initial cleanup or catch-up scope can be quoted before ongoing monthly work starts.
Do I need a long contract?
Contract duration, notice periods and support terms should be agreed in writing; no universal minimum term is promised.
Related expertise
Other accounting services
Find the right supporting service rather than paying for unrelated work.
Official information: Companies Act Section 128 ↗ · CBIC GST records Section 35 ↗ · CBIC GST records retention Section 36 ↗. Source links explain the relevant framework and do not endorse or certify Elite Accounting.
Discuss your requirements
Get a tailored monthly accounting packages proposal.
Share your business type, approximate transaction volume and required reports. We'll identify the appropriate scope, exclusions, professional responsibilities and fee before proceeding.
Elite Accounting ServicesCall +91 90927 19929 ↗Email info@eliteaccounting.co.in ↗Consultation Information ↗
2nd Floor, No.52, Canteen St, Heritage Town, Pondicherry – 605001