Supercharge your business with a 10% flat discount on all accounting services unfolded with primitive add-ons.
Enquire Now

General Ledger Accounting

Start your Private Limited Company (Pvt Ltd) Registration process online at the Reasonable Price.

₹ 10000 /-

excl of GST  

What is General Ledger Accounting?

General Ledger Accounting is the fundamental financial accounting process of recording and organizing a company's financial transactions. It keeps a detailed record of all financial transactions, organizing them into accounts such as assets, liabilities, income, and costs.

Each journal entry in the general ledger documents facts such as the date, description, and monetary amounts. Businesses can effectively track and manage their financial activities thanks to this well- organized system.

The general ledger is vital for producing accurate financial statements and reports that provide a comprehensive picture of a company's financial health. Essentially, it serves as the focal point for all financial data, offering an intricate and organized summary that is essential for making well-informed decisions and adhering to regulations.

Services Provided in General Ledger Accounting

  1. Posting a Journal Entry:

    • Financial transactions must be accurately and timely recorded and categorized into relevant accounts.

  2. Account Settlement:

    • Accounts are thoroughly verified and reconciled to discover and correct inconsistencies and ensure accuracy.

  3. Financial Reporting:

    • Preparation of detailed financial reports, including income statements and balance sheets, to provide insight into financial performance.

  4. Compliance Management:

    • Maintaining compliance with accounting standards and regulatory requirements in order to prevent legal issues and penalties.

  5. Forecasting and budgeting:

    • Participating in the creation of budgets and forecasts, which aids in strategic financial planning.

  6. Financial Analysis:

    • In-depth financial data analysis allows you to identify patterns, assess performance, and make good business choices.

  7. Advisory Services:

    • Expert financial assistance, delivering insights for better financial management and decision-making.

  8. Audit Assistance:

    • Facilitating the auditing process by keeping structured and accurate financial documents, ensuring a seamless audit experience.

What make us Different?

Customized Solution:
SHR customizes general ledger accounting solutions to meet the particular needs of each firm. We personalize our services to your specific business needs, ensuring that your financial records support your strategic goals.
Global Reach:
SHR provides global general ledger accounting services for local and multinational businesses. With our global knowledge, you can confidently navigate the international financial landscape.
Collaborative Approach:
SHR prioritizes collaboration. Our team works directly with your finance department to promote a collaborative approach to general ledger accounting. We consider ourselves an extension of your team, committed to your financial success.

Services Provided in General Ledger Accounting

1. Posting a Journal Entry:

Financial transactions must be accurately and timely recorded and categorized into relevant accounts.

2. Account Settlement:

Accounts are thoroughly verified and reconciled to discover and correct inconsistencies and ensure accuracy.

3. Financial Reporting:

Preparation of detailed financial reports, including income statements and balance sheets, to provide insight into financial performance.

4. Compliance Management:

Maintaining compliance with accounting standards and regulatory requirements in order to prevent legal issues and penalties.

5. Forecasting and budgeting:

Participating in the creation of budgets and forecasts, which aids in strategic financial planning.

6. Financial Analysis:

In-depth financial data analysis allows you to identify patterns, assess performance, and make good business choices.

7. Advisory Services:

Expert financial assistance, delivering insights for better financial management and decision- making.

8. Audit Assistance:

Facilitating the auditing process by keeping structured and accurate financial documents, ensuring a seamless audit experience.

Compliance for Private Limited Company

1. Board Meetings and Annual General Meetings:
As part of their compliance requirements, private limited firms must hold board meetings and an annual general meeting (AGM). There must be a record of these meetings' minutes.
2. Certificates of Compliance:
These documents attest to an organization's compliance with a number of legal criteria and may be imposed of companies.
3. Modifications to the Company Structure:
Regulatory organizations should be notified of any modifications to the company's structure, including changes to the registered office address, share capital, or directors.
4. Event-Based Filings:
When a significant event occurs, like a name change or a modification to the articles of association, a corporation may be required to file an event-based report.

Related Business Certification & License Registrations

Private Limited Company
As part of their yearly filings, businesses are required to compile and submit accounts.
Private Limited Company
As part of their yearly filings, businesses are required to compile and submit accounts.
Private Limited Company
As part of their yearly filings, businesses are required to compile and submit accounts.
Copyright © 2023 SHR PROFESSIONL SERVICES Private Limited. All rights reserved.
Unless otherwise indicated, all materials on these pages are copyrighted bySHR PROFESSIONL SERVICES Private Limited. All rights reserved. No part of these pages, either text or image may be used for any purpose.
Designed and Developed by