Bookkeeping to year-end support from the Best Accountant team

Accounts Outsourcing Services in Coimbatore for SMEs

The accountant leaves before the audit, purchase bills pile up unmatched, or showroom collections stop agreeing with the bank. A Coimbatore SME then needs its books run properly without building a finance team. Astral Business Consulting LLP, a Coimbatore-based management consulting and audit firm, provides accounts outsourcing services through its Best Accountant division. Bookkeeping, payables and receivables, and year-end finalisation support give you reconciled books, current ageing and accounts ready for the statutory audit.

Plan Your Accounts Scope

Factory accounts office in Coimbatore with purchase bill files, ready for accounts outsourcing services

Six Best Accountant Services Run on Your Ledger

Accounts outsourcing from the Best Accountant team, run on your own ledger by staff who sit at your premises or work remotely, sized to your transaction volume.

Bookkeeping Services

A chart of accounts that groups ledgers meaningfully, then timely recording of sales, purchases, bank, cash and journal entries, with every account reconciled. Staff sit on site at your premises or work off site, for full days or part days.

About Bookkeeping Services

Accounts Payable Management

Vendor master upkeep and 5-way matching of indent, order, GRN, QC report and invoice before a bill is recorded. Then come vendor ageing, a payment plan and payment advice for your approval, with vendor statements reconciled.

See Accounts Payable Work

Accounts Receivable Management

Customer invoices recorded after 3-way matching of order, delivery challan and invoice. Customer ageing and an outstanding report support follow-up, receipts are matched bill to bill, and information for GST returns and TDS is kept ready.

About Receivables Management

Monthly Financials Preparation

Each month, the profit and loss account, balance sheet, cash flow and fund flow statement, and the creditor and debtor ageing report are prepared. Every statement is drawn from books reconciled with the bank and party statements.

See Monthly Financials

Tender Reconciliation

Daily sales of a showroom, dealership or outlet reconciled against 6 collection modes: cash, cheque, online transfers, cards, UPI and other sources. Each deviation is reported to the owner, so short remittances surface before month end.

About Tender Reconciliation

Year-End Books Finalisation Support

Opening balances checked, and debtor, creditor, cash, bank, loan and inventory accounts reconciled. Statutory reconciliations for GST, TDS, PF and ESI are completed, financial statements prepared, and queries from your statutory auditors handled through the audit.

See Year-End Support
Stores receiving counter with tied delivery challans, where accounts outsourcing starts with purchase matching

Our 5-Step Accounts Outsourcing Process

Review the books in your Coimbatore unit
We begin with a review of the books at your Coimbatore unit: the existing procedures, who approves what, roles and workload. We also check the state of the ledgers and bank reconciliations, and whether the audit trail and edit log in your accounting software stay switched on.

Agree the chart of accounts and staffing
Next, the chart of accounts is agreed and, where the scope includes streamlining, a written procedure and an authority matrix, so approvals and payment release stay with your managers. Staffing is then fixed to your volume, with people at your premises or working remotely, for full days or fewer hours.

Record, match and advise
The team then records transactions and runs 5-way matching on purchases and 3-way matching on sales. It keeps vendor and customer ageing current and raises payment advice for your approval. Showrooms and dealerships also get daily tender reconciliation of cash, cheque, card, UPI and online collections.

Deliver the monthly financials
Each month, bank statements, vendor and customer statements and control accounts are reconciled. The profit and loss account, balance sheet, cash flow and ageing reports are then issued. GST and TDS figures are verified against the books before the returns are filed.

Finalise the year for the audit
At year end, SMEs across Coimbatore and Tiruppur get opening balances checked and debtors, creditors, loans, inventory and statutory accounts reconciled. Financial statements are prepared and the team answers auditor queries. The target is every balance sheet account reconciled and supported before the statutory audit begins.

Choose by the output you need

Comparing Accounts Outsourcing Providers by the Output You Need

Accounts outsourcing providers produce different outputs. National finance and accounting outsourcing firms and Big Four-network managed services teams bring standard processes across many entities, suiting a group of companies. Offshore bookkeeping vendors are built for overseas clients. A local accounting practice keeps the books nearby and often handles returns too. Astral Business Consulting works through Best Accountant as a regional team on your ledger, with purchase matching for factories and tender reconciliation for showrooms. Budgets and MIS analysis sit with its virtual CFO service. Before signing, ask who keeps the ledger, who approves payments and who files the returns.

Coimbatore showroom billing counter after closing, where accounts outsourcing covers daily tender reconciliation

Our Testimonials

What two accounting clients of Best Accountant say, quoted exactly as published on the Astral Business Consulting website.

Our engagement with Astral Business Consulting LLP for Accounting and Virtual CFO services has been truly rewarding. Their well-structured processes provide clear visibility into our finances and their sense of ownership and proactive guidance make them a trusted partner in our growth journey.
Mr. ShivkumarProprietor, Astra Services · via astralbusinessconsulting.com
We’ve had a positive experience working with Astral Business Consulting LLP, our Accounting and Virtual CFO service Provider. Their timely handling of accounts and periodic MIS updates have been helpful in maintaining financial clarity.They’ve also shown a good understanding of our organizational needs and have been supportive in areas beyond accounting whenever required.Regular discussions with the management team have added value, helping us stay focused on key financial aspects and work towards improving both efficiency and profitability.
Mr. Vijay Anand RajendranPartner, Surfine Tools · via astralbusinessconsulting.com

Books run to an audit standard

Why Choose Astral Business Consulting for Finance and Accounting Outsourcing Services?

Matching built for factories and showrooms

Purchase bills are matched across indent, order, GRN, QC and invoice before they are recorded. Showroom collections are reconciled mode by mode, the way Coimbatore manufacturers and dealerships actually lose money.

Your approvals stay with you

Approvals, payment release and signing stay with your managers, written into an authority matrix where the scope includes one. The Best Accountant team prepares, matches and reconciles, while your business decides and pays.

Audit discipline on the books

Astral Business Consulting is an audit firm whose audits run through the computer, not around it. That habit carries into the books: balances are reconciled to the bank and party statements, never simply carried forward.

Staffing that follows your volume

Each of the four divisions has a practice head reporting to a partner, and Best Accountant is one of them. Staff numbers, hours and location follow your transaction volume, not a fixed package.

About Astral Business Consulting LLP

A Coimbatore-based management consulting and audit firm

Astral Business Consulting LLP is a management consulting and audit firm based in Coimbatore, offering internal, process and management audit to manufacturers across Western Tamil Nadu. Its work runs through four divisions: Integrated Audit, Cycle Count, Best Accountant and Consulting. Best Accountant is the accounts outsourcing division. It keeps books, manages payables and receivables, processes payroll, reconciles daily tenders, prepares monthly financial statements and supports year-end finalisation. It also streamlines existing accounting processes with written procedures, an authority matrix and a review of the accounting software. The firm's audit methodology is COSO-based and draws on an in-house library of 4,000+ risks and controls: 1,500+ process risks and controls and 2,500+ information-systems risks and controls. Chartered Accountants, Cost Accountants, engineers and information-systems auditors are part of the team. Its industry expertise covers foundries, jewellery, textiles and garments, dairy, automobiles, and trusts and educational institutions.

  • 4,000+risks and controls in the in-house library
  • 1,500+process risks and controls
  • 2,500+information-systems risks and controls

Questions About Accounts Outsourcing Services in Coimbatore

Which accounts outsourcing companies serve businesses in Coimbatore?
Astral Business Consulting LLP, a Coimbatore-based management consulting and audit firm, provides accounts outsourcing through its Best Accountant division. Other options are national finance and accounting outsourcing firms, Big Four-network managed services teams, offshore bookkeeping vendors and local accounting practices. Compare them on who keeps the ledger, whether staff can sit at your premises, how purchases are matched and who files the returns.

What do accounts outsourcing services cover for an SME?
Outsourcing hands the routine accounting work to an outside team. That covers bookkeeping and the general ledger, payables and receivables, bank and party reconciliations, monthly financial statements and year-end finalisation support. For an SME selling on credit, receivables follow-up through customer ageing and outstanding reports is often the first gain. Approvals, payment release and signing stay with the company.

Can our statutory auditor also keep our books?
For a company, no. Section 144 of the Companies Act, 2013 excludes accounting and book keeping services from the other services an auditor may provide. The bar applies to services rendered directly or indirectly, to the company, its holding company or its subsidiary company. The books need a separate accountant or an outsourced accounts team, while the auditor keeps the independent audit role.

Do accounts outsourcing services include payroll and GST or TDS returns?
Payroll processing is a separate Best Accountant service. GST and TDS work sits in its statutory compliance services. For GST, its services page lists GSTR-1 reconciled with turnover, GSTR-2A, GSTR-2B and GSTR-3B checked against the books, and annual return filing. For TDS, it lists checks on deductions and rates, quarterly return filing and reconciliation, and issue of TDS certificates.

Should an SME keep an in-house accountant or use accounts outsourcing services?
An in-house accountant suits a business with steady volume and someone senior to review the work. Outsourcing suits an SME whose volume does not justify a full team or that keeps losing accountants before the audit. It also suits one that needs purchase matching and reconciliations done to a written procedure. Some SMEs keep one person in-house for entries and outsource the review and close.

Can the outsourced accounts team work from our premises?
Yes. Best Accountant staff can be placed at your premises, which suits a factory where the stores, the gate and the purchase office generate documents all day. They can also work off site on your accounting software. Either arrangement can run full time or part time, and the mix is agreed when the engagement starts.

How are the books kept traceable when the accounts are outsourced?
Under the proviso to rule 3(1) of the Companies (Accounts) Rules, 2014, a company's accounting software must record an audit trail of every transaction and an edit log of each change. The audit trail cannot be disabled. Also set user rights by role, keep approvals with your managers and retain the books for at least eight preceding financial years, as section 128(5) requires.

What decides the cost of accounts outsourcing services?
Cost depends on transaction volume, the number of entities, branches and GST registrations, and the state of the existing books. It also depends on whether staff work at your premises or remotely, the hours needed, and add-ons such as tender reconciliation or year-end finalisation support. A short review of the current books gives the clearest basis for scoping the engagement.

Accounts Outsourcing Services Across Coimbatore and Western Tamil Nadu

From its Coimbatore base, Astral Business Consulting serves SMEs in Coimbatore, Tiruppur, Erode, Salem, Hosur and Chennai. Off-site work runs remotely on your own accounting software; placing staff at your premises is agreed engagement by engagement.

Discuss Your Accounts Outsourcing Requirement

Leave your name and email and the team will respond as soon as possible. For the first call, have ready your latest trial balance and a rough count of monthly purchase and sales entries. Note the accounting software you use as well.

contact@astralbusinessconsulting.com

Plan your accounts outsourcing scope

Tell us a bit about you and we'll be in touch shortly.

contact@astralbusinessconsulting.comPlan Your Accounts Scope