Accounting & Bookkeeping

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Overview

At Alpviram Legal, we support businesses with practical and accurate accounting and payroll solutions that drive better decision-making and ensure regulatory compliance. Our team helps streamline financial operations, reduce risks, and provide clarity in every transaction. Whether you’re a startup or an established enterprise, our tailored services make your accounting process stress-free and error-proof.

We combine expert insight with updated compliance knowledge to help you stay ahead of deadlines, avoid penalties, and make data-driven decisions for growth.

What We Offer

We offer a comprehensive range of business advisory and consulting services. Our key services include:

Accounting & Bookkeeping Services

Our accounting and bookkeeping services ensure that your financial records are maintained accurately and updated regularly. We take care of day-to-day transaction recording, ledger maintenance, and financial reporting so you can focus on your core business.

Key services include:

  • Journal and ledger maintenance

  • Accounts payable and receivable tracking

  • Bank and cash book management

  • Periodic financial summaries

We work with cloud-based and traditional accounting software to provide a scalable solution for businesses of all sizes.

Payroll Management

Payroll errors can lead to compliance issues and employee dissatisfaction. Our payroll management services are designed to ensure timely salary disbursements, accurate deductions, and statutory compliance with EPF, ESI, TDS, and labor laws.

Our payroll services cover:

  • Monthly payroll processing

  • Payslip generation

  • Employee tax calculations

  • Leave and attendance management

  • Statutory filings and reports

We ensure full confidentiality and efficiency, helping you manage human resources professionally.

Financial Statement Preparation & Analysis

Accurate financial statements are vital for tracking business performance and making strategic decisions. We help you prepare and interpret:

  • Balance Sheets

  • Profit & Loss Accounts

  • Cash Flow Statements

Our team also provides financial ratio analysis, trend reports, and performance dashboards to highlight key areas of improvement or opportunity.

Accounts Reconciliation

Discrepancies in financial data can cause reporting issues and compliance failures. We offer comprehensive reconciliation services to ensure accuracy across your records.

Our reconciliation services include:

  • Bank account reconciliation

  • Vendor and customer account reconciliation

  • GST reconciliation

  • Inter-company account checks

We identify mismatches, correct entries, and streamline your books for audit readiness and financial clarity.

Frequently Asked Questions

What are Accounting Standards?

Accounting Standards are written policy documents consisting of principles and guidelines for recognising, measuring, presenting, and disclosing accounting transactions or events in the financial statements.

Accounting standards improve the transparency in financial reporting and reliability of Financial Statements and make them comparable. They also prevent fraud and Accounting manipulations.

What is a Cash Flow Statement, and who is required to prepare it?
What are projected financial statements and how are they helpful?

Projected Financial Statements are financial statements based on the estimation after considering past financial trends, market conditions, probable changes and management expectations to arrive at a future financial picture.

Projected financial statements help plan for the future. Projected financial statements are the way to review the possible outcomes before making a decision.

What is payroll and why is it important?

Payroll can be defined as the process of providing compensation to employees for the work they perform on behalf of their organisations.

It is one of the most important aspects of a business as it affects employee morale and reflects a business’s financial stability and reputation. Errors in paychecks or untimely payments can create a lack of trust among employees. But when the compensation is accurate and delivered on time, employees are more engaged and motivated.

What is the difference between an accountant and a bookkeeper?

Bookkeepers focus on recording and organizing financial transactions, while accountants analyze and interpret financial data, prepare financial statements, provide financial advice, and contribute to strategic decision-making

Why is accounting important for businesses?

Accounting plays a crucial role in business by providing financial information that helps in decision-making, assessing profitability, managing cash flow, meeting legal and tax obligations, attracting investors, and ensuring transparency and accountability.

How does outsourcing accounting enhance internal controls and reduce fraud risk?

When most accounting functions are handled by a few individuals within the organization, the risk of fraud increases. Outsourcing accounting services to a third party adds an extra layer of control and reduces the potential for fraudulent activities. Professional firms implement robust internal controls to safeguard financial operations. 

Why are financial reports important for businesses?

Financial reports serve multiple purposes for businesses. Shareholders rely on them to make decisions about their investments, prospective investors assess a company’s potential for success, and lenders use them to evaluate an organization’s ability to repay debts. These reports provide valuable insights into the financial health and performance of a business.

How can accounting firms assist with preparing valuable reports?

Accounting firms help businesses prepare financial reports and presentations for investors and companies. They specialize in creating cash flow statements, profitability statements, and return on investment reports. These reports provide crucial information for decision-making, investment analysis, and obtaining funds from lenders.

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