Not necessarily. If you need a statutory audit for legal or bank purposes, we prepare your books to be “audit-ready” – but we don’t act as the statutory auditor ourselves (conflict of interest). However, many of our clients use our prepared financial statements directly for internal reviews, tax filings, or loan applications without any further audit. We’ll tell you clearly if you need an external auditor based on your jurisdiction and revenue size.
We can do it daily, weekly, or monthly – your choice. Most of our clients prefer monthly, because that’s frequent enough to catch errors but not so frequent that it becomes annoying. By the 5th of every month, you get a trial balance, P&L, and balance sheet for the previous month. No chasing us. No “we forgot.”
Absolutely. That’s actually a very common scenario. We don’t replace your team. We review their journal entries, vouchers, and reconciliations. Then we give them (and you) a report of what’s wrong, what’s missing, and how to fix it. Think of us as a quality control layer. Your team keeps doing the daily work; we make sure it’s correct before year end.
Yes, we work with all of them. We don’t assume one method fits everyone. If you’re in trading, FIFO might make sense. If you’re in manufacturing, weighted average could be better. We look at your inventory reports, your tax situation, and your actual stock movement – then recommend or implement the method that gives you the most accurate cost of goods sold.
Honestly, we haven’t found one yet that we couldn’t handle. We’ve done work on Fortune-6, Tally, QuickBooks, Zoho, Odoo, Packman, Foodics, and dozens of POS systems. Even old, weird, custom-built ERPs – we’ve seen them. The only time we might say no is if your system has no export function at all (like purely paper-based). But if it runs on a computer and can produce some kind of report, we’ll figure it out.
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