Accounting services in India.

We can prepare your organisation’s management accounts and/or group consolidated accounts using cloud-based accounting software, which covers the following:

• Design and implementation of an accounting system and reporting structure for newly incorporated companies
• Prepare periodic management reports and group reporting packages
• Prepare financial statements for statutory or management reporting purposes
• Customise formats for HO needs (e.g. IFRS standard)
• Create detailed management reports outside of the statutory reporting suite such as AR & AP details, P&L projection, cash-flow projection etc.

We support multinational and multi-entity businesses in India with tailored group reporting consolidation services for internal management purposes. Our team prepares timely, structured reports that consolidate performance across business units, aligning with your group’s internal reporting framework.

Whether you require budget-to-actual tracking, intercompany eliminations, or currency translations for management dashboards, we ensure your leadership has clear and consistent insights across entities.

We offer comprehensive financial reporting and analysis services that give you a clear, accurate view of your business’s financial health, so you can make better-informed decisions with confidence.

Our team applies proven analytical techniques to your internal data and market benchmarks, delivering insights that matter: return-on-investment (ROI), net present value (NPV), internal rate of return (IRR), ratio analysis, break-even analysis, sensitivity analysis, risk coverage ratios, comparative analysis, valuation, cash flow and funds-flow statements, and cost/benefit analysis.

What we deliver:

• Sales forecasting
• Financial budgeting
• Overhead estimation
• Marketing budgets
• Costing
• Projected financial statements
• Expense estimation based on your business assumptions

Our accounting advisory services guide you through the complexities of Indian Accounting Standards (Ind AS), local GAAP and their interaction with IFRS, ensuring your financial reporting remains accurate, compliant and aligned with evolving regulations.

We support policy interpretation, implementation of new standards and benchmarking against industry best practices to strengthen your financial governance in India and across your group.

If you are moving your accounting services to Acclime, or if you need some reassurances, we can perform a check of all the record keeping and submissions of your current accounting system at any time.

You can outsource your accounts payable process to us as part of your finance function in India. Our services include:

• Receiving and checking supplier invoices and supporting documents, raising queries on prices, quantities, terms or discrepancies, and matching invoices to goods or services received.
• Routing invoices for approval according to your internal policies, scheduling payments in line with agreed terms, maximising payment terms, preparing payment runs for your review and release, and setting up payments in banking systems for management approval.
• Reconciling supplier balances, resolving mismatches, maintaining accurate records of open items and cleared invoices, and managing new vendor registration and purchase control frameworks.
• Operating to an agreed calendar, producing periodic AP reports (e.g. ageing, due‑this‑week, due‑this‑month) to help you manage cash flow and vendor relationships proactively, and recording and reporting on supplier payments in accounting systems.
• Drafting invoices for clients and following up on payment, if necessary.

We support your full receivables cycle so that billing, collections and cash application run smoothly:

• Verifying issued invoices, compiling lists of overdue debts and monitoring delinquent accounts.
• Collections follow‑up on your instructions, supporting outreach and follow‑up on outstanding invoices and keeping clear records of contact and disputes.
• Reconciling customer statements, bills and invoices with your ledgers, verifying deposits and allocations, and ensuring each payment is matched to the correct customer and invoice.
• Preparing periodic AR reports that show outstanding balances, ageing, movements and payments received, so you have a clear view of cash conversion and customer exposure.

We perform regular reconciliations to safeguard the integrity of your financial data.

• Reconciling bank and credit card statements against your accounting records, identifying and correcting any discrepancies or unusual items.
• Reconciling customer and vendor balances between your ledgers and counterparties’ statements to minimise disputes and write‑offs.
• Reconciling payroll records to bank statements and accounting entries, and checking that salaries, contributions and statutory deductions are correctly calculated, recorded and remitted.

We can help you set up a comprehensive sales framework that ranges from refining sellers’ approach to drafting reports. Our assistance includes:

• Assisting with new client Know Your Customer (KYC)
• Understanding and advising on client contracts
• Establishing an online/digital quote process
• Ensuring timely invoicing
• Chasing for payment on overdue invoices
• Reporting invoices due and overdue to management

We review your existing accounting policies to confirm their technical accuracy and ensure they align with current standards. Where necessary, we update the policies to reflect the latest accounting developments and regulatory changes.

Additionally, we benchmark your accounting practices against industry norms to ensure your financial reporting remains competitive and compliant.

Beyond core bookkeeping and compliance, we can take on a broader range of processing work:

• Bookkeeping support and backlogs
• Bill and expense processing
• Data compilation and reconciliation
• Preparation of financial statements based on agreed ledgers
• Fixed asset register maintenance and depreciation calculations

These services can be combined into a single outsourcing arrangement where Acclime acts as your finance back office in India, working closely with your regional or global finance team.