ICAI Firm Regn. No. 010699SMon–Sat, 9:00 AM – 7:00 PM
Practice area · 7 services

Accounting Services

This is the ongoing work that everything else depends on — audits, tax returns and ROC filings are only as accurate as the books behind them. RITS & Associates maintains accounting records, runs payroll and produces management reports for clients on a recurring basis, with a partner reviewing the numbers rather than only a preparer.

Work ranges from basic monthly book-keeping for a small proprietorship through to management reporting and part-time CFO-level oversight for a growing company — the level of service is scoped to what the business actually needs, not sold as one fixed package.

How this connects to the rest of your compliance

Accounting done in isolation, disconnected from the GST return cycle and the annual audit, tends to surface reconciliation problems right when there's least time to fix them — at year end. Where we handle both the books and the compliance filings for a client, the two are kept in step through the year, which is usually what makes the audit and the tax filing faster rather than slower.

A common sign it's time to hand this over: GST returns and the annual audit both take noticeably longer than they should because the books need cleaning up first. Getting the monthly bookkeeping right removes that lag entirely, rather than just shifting the same work later in the year.

Frequently asked questions

Do you work with the accounting software I already use?

We work across the common accounting platforms used in India — tell us what you're on and we'll confirm whether we can pick it up directly or need to migrate the data.

Can you take over accounting mid-year from a previous accountant?

Yes, though a mid-year handover means a review of the opening balances and what's been recorded so far before we continue.

Is payroll compliance different from general accounting?

Yes — payroll carries its own statutory obligations (PF, ESI, TDS on salary, professional tax) with their own due dates, separate from the general books.

What's a virtual CFO, and is it different from an accountant?

A virtual CFO looks at cash flow, budgeting and financial decisions at a senior level on a part-time basis; day-to-day book-keeping is a separate, more routine function that usually continues alongside it.

How often will I see a management report?

That's agreed at the outset based on what the business needs — monthly is typical, though some clients prefer quarterly.

Can accounting and payroll be handled from a different office than my registered one?

Yes — most of this work is done remotely, with in-person meetings scheduled at whichever of our offices is most convenient.

Not sure which service fits?

Describe your situation in a sentence or two. A partner will tell you what it involves, what we'll need from you and the timeline — before any work begins.

WhatsApp