✅ What We Offer: Complete Accounting & Bookkeeping Solutions

 

Advanced Capabilities & Value-Added Services

In addition to our core services, we bring specialized, high-level expertise that sets us apart:

• • Advanced Payroll Systems for Compliance & Efficiency
    We design and implement robust payroll systems that ensure accurate salary processing, statutory compliance, and seamless employee management. These systems reduce organizational risk, enhance workforce satisfaction, and ensure businesses meet all labour and tax regulations consistently.
  • Comprehensive Financial Reporting for Strategic Decision-Making
    We generate detailed, audit-ready financial statements fully aligned with International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP). This provides stakeholders with clear, reliable insights for budgeting, forecasting, operational evaluation, and regulatory compliance.
  • Innovative Virtual Accounting & Cloud-Based Solutions
    We deliver secure virtual accounting systems that enable remote bookkeeping, automated workflows, and real-time financial monitoring. These solutions enhance data accuracy, minimize administrative costs, and support scalable growth for businesses operating locally or globally.
  • Fixed Asset Management for Enhanced Valuation & Control
    We develop and maintain structured asset management frameworks for precise tracking, depreciation, valuation, and compliance. This ensures accurate financial reporting, better investment decisions, and complete adherence to regulatory standards.

📘 Day-to-Day Bookkeeping

Our bookkeeping services ensure your financial data is always accurate, updated, and ready for review or audit. We focus on establishing a structured and disciplined accounting environment.

• • Detailed and timely recording of all transactions, ensuring no financial activity is overlooked

  • Systematic organization of ledgers such as sales, purchases, expenses, journals, and bank entries to maintain clarity

  • Real-time updates or periodic posting based on your business model—suitable for both high-volume and small-scale operations

  • Implementation of checks and controls to minimize posting errors, prevent duplication, and maintain clean books

  • Support for businesses operating across multiple branches or regions, including multi-currency accounting for international transactions

  • Ensuring proper documentation and attachment of invoices, receipts, and payment proofs for audit trail completeness

This ensures a strong financial foundation that supports all further reporting, budgeting, and compliance work.

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💳 Accounts Payable & Receivable Management

We help businesses maintain healthy cash flow by managing payables and receivables professionally. Proper management of AP and AR ensures liquidity, improved vendor relations, and timely collections.

• • End-to-end monitoring of all vendor bills, supplier invoices, and payment obligations

  • Tracking of customer invoices, due dates, and payment commitments to avoid overdue receivables

  • Preparation of customer and vendor aging reports to highlight pending balances and overdue timelines

  • Automated reminders and structured follow-ups to maintain consistent communication with clients or suppliers

  • Regular reconciliation of AP/AR ledgers to ensure accurate outstanding balances

  • Vendor statement confirmations to identify mismatches early and promote transparency

  • Detailed review of AP/AR cycles to identify cash flow bottlenecks, improve working capital, and optimize credit terms

This service ensures smoother operations, better cash availability, and stronger financial discipline.

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🧾 Payroll Management

We understand that payroll requires precision, confidentiality, and full compliance. Our payroll management system ensures employees are compensated correctly and statutory requirements are fulfilled on time.

• • Monthly payroll computation incorporating attendance, leave, allowances, deductions, arrears, and incentives

  • Generation of accurate payslips and management of employee tax declarations and statements

  • Handling of overtime, bonus payouts, travel reimbursements, and other employee-related adjustments

  • Accurate compliance with PF, ESI, Professional Tax, and TDS requirements to avoid penalties

  • Preparation and filing of payroll-related statutory returns within prescribed dates

  • Support during new employee onboarding and preparation of full and final settlement documents for exiting employees

  • Maintenance of payroll registers, salary sheets, PF/ESI registers, and MIS reports for audits and inspections

This ensures smooth HR operations and risk-free compliance with labour laws and tax regulations.

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🏦 Bank & Credit Card Reconciliation

Bank reconciliation is essential to ensure your financial records reflect your true cash position.
We conduct thorough reconciliations to safeguard your business from errors, fraud, or financial discrepancies.

• • Matching the company’s accounting books with bank, credit card, and loan statements

  • Identifying and rectifying inconsistent entries, unrecorded charges, bank errors, or duplicate postings

  • Detecting unusual transactions, unauthorized withdrawals, or suspicious activities

  • Tracking cash inflows and outflows to support strong cash flow management

  • Preparing reconciliation statements for audits and management review

This ensures your business has a real and accurate financial picture at all times.

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📚 General Ledger & Trial Balance

A well-maintained general ledger is crucial for financial reporting, taxation, and compliance.

• • Proper categorization of all accounts to ensure clarity and traceability

  • Periodic review and cleanup of ledgers to correct errors or misclassifications

  • Posting of necessary adjustments such as accruals, provisions, write-offs, and corrections

  • Preparation of a clean trial balance that forms the basis of annual accounts and audits

  • Ensuring alignment with accounting standards and accepted reporting practices

This creates a reliable financial system that supports auditing, analysis, and reporting.

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📈 Financial Reporting

Our financial reporting services provide meaningful insights that help businesses assess performance, control costs, and plan ahead.

• • Preparation of monthly, quarterly, and annual Profit & Loss Statements for performance tracking

  • Detailed Balance Sheets showing assets, liabilities, and equity structure with supporting schedules

  • Cash Flow Statements to show how money is being generated, used, and invested

  • Budget vs. Actual analysis identifying areas of cost overruns or revenue shortfalls

  • Custom reporting formats tailored for management boards, lenders, investors, and shareholders

  • Support with financial forecasts, scenario planning, and business modeling for strategic decisions

This empowers businesses with visibility into their financial health and supports long-term planning.

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📊 MIS Reports & Dashboards

Management Information Systems (MIS) are key to data-driven decision-making.
We help you transform raw numbers into meaningful, visual, and actionable insights.

• • Preparation of detailed MIS reports highlighting key performance indicators

  • Development of dashboards that visually present revenue patterns, expense trends, and margins

  • Analysis of departmental or project-wise costing for better financial control

  • Cash flow projections to prepare for upcoming commitments and optimize resources

  • Investor-oriented reporting to support fundraising, equity pitches, or board presentations

  • Industry-specific KPI dashboards tailored for retail, manufacturing, services, trading, and more

This offers management the clarity needed to take strategic and informed decisions.

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🧮 Statutory Compliance

We ensure your business meets all regulatory and compliance requirements without delays or risks.

GST Compliance

• • Preparation and filing of monthly or quarterly GST returns

  • Reconciliation of Input Tax Credit with purchase records and supplier filings

  • Preparation for GST audits and assistance with annual returns

  • Error correction and optimization of GST positions

TDS Compliance

• • Calculation and deduction of TDS on salaries, vendor payments, contracts, and professional services

  • Timely payment of TDS and filing of TDS returns

  • Issuance of Form 16 and Form 16A to employees and vendors

ROC & Company Law Compliance

• • Monitoring ROC deadlines and statutory filing requirements

  • Preparation of ROC forms, minutes, resolutions, and annual returns

  • Support in maintaining statutory registers and corporate documentation

Income Tax Compliance

• • Advance tax estimation, calculation, and reminders

  • Preparation and filing of business and professional tax returns

  • Tax planning advisory to optimize tax liability legally and effectively

This ensures your business stays compliant, avoids penalties, and maintains a strong legal standing.

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📦 Inventory & Fixed Assets Accounting

Proper asset and inventory accounting helps maintain financial accuracy and support audit processes.

• • Tracking of inventory quantity, valuation, and stock movement

  • Stock reconciliation to identify discrepancies, shrinkage, or wastage

  • Preparation and maintenance of a detailed Fixed Asset Register

  • Depreciation calculations as per Income Tax Act and Companies Act requirements

  • Asset tagging and assistance during physical verification or audits

This ensures your inventory and assets are accurately reported and valued.

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🔗 Software Integration & Support

We help businesses transition toward smarter, automated, and efficient accounting systems.

• • Setup, migration, and implementation of accounting software like Tally, Zoho Books, QuickBooks, Sage, or Xero

  • Integration of accounting systems with POS, CRM, ERP, and billing platforms

  • Customization of workflows, approval processes, chart of accounts, and reporting formats

  • Ongoing support, troubleshooting, and training for staff to ensure proper usage

This builds a streamlined, automated financial ecosystem for your business.

💼 Who We Serve

Our accounting and bookkeeping services are designed to support a diverse range of organizations and professionals, including:

• • Small and medium-sized enterprises (SMEs)
  • Startups and rapidly growing ventures
  • Independent professionals and consultants
  • E-commerce brands and digital businesses
  • NGOs, non-profits, and service-based organizations

Whether your business is at the initial stage or undergoing significant expansion, we tailor our services to match your industry, operational structure, and strategic objectives—ensuring you receive the precise financial support you need to grow with confidence.

 

💡 Why Choose Faisal tauheed rao & Co?

• • Experienced Chartered Accountants with a strong command of regulatory compliance and strategic financial planning. Our professionals combine technical expertise with practical business insight, ensuring your financial operations remain accurate, compliant, and aligned with your long-term goals.
  • Flexible cloud-based and offline support tailored to your working environment. Whether you prefer modern cloud platforms or traditional desktop systems, we provide seamless support that fits your operational style and ensures uninterrupted financial management.
  • Transparent and predictable pricing with no hidden fees. We maintain complete clarity in our fee structure, giving you confidence that every service is delivered with integrity and without unexpected costs.
  • Real-time visibility into your financial data. Our streamlined processes ensure that your financial information is always up to date, enabling informed, timely decision-making and stronger financial control.
  • Periodic reviews and expert consultations to safeguard your financial health. We conduct regular assessments of your financial performance, offering insights and recommendations that help you strengthen cash flow, manage risks, and plan effectively for growth.

At Faisal Tauheed Rao & Co., we go beyond routine bookkeeping—we serve as dedicated financial partners committed to your business’s stability, efficiency, and long-term success.

📞 Let’s Get Started

Spend less time worrying about your books and more time growing your business.
✅ Book a Free Consultation
💬 Chat with Us on WhatsApp: Coming Soon
📧 Email Us: contact@ftrconsultants.com