Bookkeeping & Bank Reconciliation
Starting from
₹2,999one-time
18% GST extra on professional fees
- Entry of sales, purchases and expenses
- Bank reconciliation for one account
- Ledger and trial balance
- Up to 300 vouchers
+ 2 more in this plan
Accounting & Audit
Bank Reconciliation
Match every bank entry with your books, clear unexplained differences and get a signed-off Bank Reconciliation Statement each month.
- From ₹999 / month + GST
- 3-5 working days per month for standard accounts after statements are received
- Confidential handling
About Bank Reconciliation
If your bank balance and your books disagree, one of them is wrong and you need to know which. We compare each bank statement with your cash book, explain every difference and prepare the statement your auditor and lender expect.
What is Bank Reconciliation?
Bank reconciliation compares the bank statement with the bank ledger in your books. Differences usually fall into a few groups: cheques issued but not yet cleared, cheques deposited but not yet credited, direct bank charges and interest not yet booked, customer receipts by UPI or NEFT not recognised, and plain errors or duplicates.
We trace each difference to a document, post corrections in the books and prepare a Bank Reconciliation Statement showing balance as per books, balance as per bank and the items between them. For OD and cash credit accounts we also check interest and charges against the sanction terms.
Who needs this service?
You may need it if any of these describe you.
- Businesses with multiple current accounts, OD or cash credit limits
- Companies and LLPs preparing for statutory audit or bank review
- Shops and clinics receiving many UPI, card and cash deposits
- Owners who suspect missing receipts, double entries or unrecorded charges
- Firms whose books were written up from vouchers and never tied to the bank
Benefits
Cash you can trust
The balance in your books equals what the bank says after reconciling items are explained.
Errors surfaced
Duplicate entries, wrong amounts and missed charges are caught and corrected.
Fraud deterrent
Regular matching reveals unauthorised debits or altered cheques early.
Audit ready
A dated BRS with supporting detail is one of the first things an auditor asks for.
Lender confidence
Clean reconciliations support loan, OD and renewal discussions.
Types of Bank Reconciliation
Current and savings account BRS
Standard monthly reconciliation for operating accounts.
OD / cash credit reconciliation
Includes interest, processing and renewal charges checked against the sanction.
Payment gateway and wallet matching
Settlement reports from gateways matched with sales and bank credits.
Backlog reconciliation
Reconciling past months or years that were never matched.
Eligibility requirements
- Any entity with a bank account and a set of books, in any software.
- Statements for the period must be available in PDF, Excel or CSV format.
- For backlog work, the books should have been written up for the period; if not, ask for accounting support first.
Documents required
Keep these ready to avoid delays. Send scans or photos over WhatsApp - never share passwords or OTPs.
Bank records
- Monthly bank statements for each account
- Cheque books or issued-cheque register
- Bank charge, interest and loan EMI advices
- Payment gateway settlement reports
Books
- Bank ledger and cash book from your accounting software
- Receipt and payment vouchers
- Previous month's BRS and list of pending items
Step-by-step process
- Collect statementsWe obtain bank statements and the bank ledger for the period.
- Auto-matchEntries are matched on date, amount and reference to isolate unmatched items.
- Investigate differencesEach unmatched item is traced to a voucher, a cheque or a bank advice.
- Pass correctionsMissing charges, interest and errors are posted in the books, with your approval.
- Prepare BRSWe prepare the BRS with a schedule of outstanding items and their ageing.
- Follow-upStale cheques and long-pending items are listed for your decision.
Applicable rules & regulations
Plain-English notes. Always verify against the official notification.
| Section / rule / form | What it means |
|---|---|
| Section 128 Companies Act 2013 | Proper books of account, including cash and bank transactions, must be kept for companies. |
| Negotiable Instruments Act 1881 | Governs cheques; a cheque is generally valid for three months from its date as per RBI instructions. |
| Section 40A(3) / 269ST Income-tax Act | Cash payment and cash receipt limits make bank trail and reconciliation important for deduction and compliance. |
| SA 505 and SA 500 (ICAI Standards on Auditing) | Auditors obtain bank confirmations and reconciliations as audit evidence. |
Important due dates
Statutory dates can be extended by notification - check the official portal before relying on them.
| Activity | Due date |
|---|---|
| Bank reconciliation statement | Monthly, within a week of the bank statement date (good practice; no statutory filing date) |
| Year-end bank balance confirmation | As requested by the auditor around 31 March |
Transparent pricing
Plans from our Accounting Services Pricing list. Government charges and GST are shown separately.
Financial Statements
Starting from
₹4,999/ year
18% GST extra on professional fees
- Profit and loss account and balance sheet
- Depreciation schedule
- Closing stock and adjusting entries
- Notes to accounts (basic)
+ 2 more in this plan
Tax Audit (Section 44AB)
Starting from
₹7,999/ year
18% GST extra on professional fees
- Tax audit report in Form 3CB-3CD / 3CA-3CD
- Examination of books and clause-wise disclosures
- TDS and GST compliance cross-check
- Reconciliation with financial statements
+ 2 more in this plan
Statutory Audit
Starting from
₹14,999/ year
18% GST extra on professional fees
- Audit under the Companies Act / LLP Act as applicable
- Audit planning, vouching and verification
- Independent auditor report and CARO review
- Board / partner observations letter
+ 2 more in this plan
Package comparison
| Feature | Bookkeeping & Bank Reconciliation | Financial Statements | Tax Audit (Section 44AB) | Statutory Audit |
|---|---|---|---|---|
| Bookkeeping entries | Up to 300 | |||
| Bank reconciliation | ||||
| P&L and balance sheet | Reviewed | Audited | ||
| Audit report | Tax audit | Statutory | ||
| Depreciation schedule | ||||
| Portal filing of report | Support | |||
| Management letter |
Government fees & professional fees
We never mark up government payments.
Professional fee
From ₹999 per month for one bank account with a moderate number of entries. Additional accounts and high volumes are priced by slab.
Government charges
No government fee applies.
Other costs
Backlog reconciliation for past years and investigation of suspected frauds are quoted after a quick review.
Deliverables
What you receive from us.
- Bank Reconciliation Statement
- Schedule of unpresented and uncredited items
- List of correcting journal entries
- Ageing of long-pending items
- Observations on unusual transactions
Turnaround time
3-5 working days per month for standard accounts after statements are receivedTimelines assume complete, correct documents and, where applicable, timely action by the government portal or authority.
Why choose SK Wealth Tax Advisor?
- Experienced Professional SupportEvery file is handled by a person who knows the rules, not a call centre script.
- Transparent & Affordable PricingProfessional fees, government charges and GST are shown separately.
- Timely Filing & ComplianceWe track due dates for you and remind you before they arrive.
- Complete Business SolutionsRegistration, accounting, tax, ROC and licences under one roof.
- Digital & Paperless ServicesShare documents securely online. No office visit needed.
- Personalized Tax PlanningAdvice based on your income, goals and the regime that suits you.
Bank Reconciliation - FAQs
How often should a business reconcile its bank?
Monthly at minimum. Businesses with heavy daily transactions benefit from weekly matching.
What are unpresented cheques?
Cheques you issued and booked that the bank has not yet debited. They explain part of the gap between book and bank balance.
What if there is an unexplained difference?
We list it clearly, trace it to the source and, if it cannot be explained, recommend an entry or enquiry with the bank.
Can you reconcile credit card and UPI collections?
Yes, we match gateway or settlement reports with sales and bank credits, including MDR and charges.
Is a BRS legally required?
The law requires proper books of account; auditors and banks routinely rely on the BRS to evidence them.
Get started with Bank Reconciliation
Share a few details and we will reply on your preferred channel. No obligation.
Contact us
- +91 98765 43210
- Chat on WhatsApp
- info@skwealthtax.com
- A-123, Sector-18, Rohini, New Delhi – 110085
- Mon – Sat: 10:00 AM – 7:00 PM