Our accounting experts support the clients in the reconciliation of their accounts whether it is bank reconciliation, customers’ ledger reconciliation, suppliers’ ledger reconciliation, inter-company reconciliation, or any other statements/ledger. We provide accounts reconciliation services to small and medium size companies, corporates, MNCs, etc.

This helps organizations eliminate legal issues, to maintain the confidentiality of critical data, and to reduce the chances of fraud and corruption. The accounts reconciliation services include the following:

• Bank Statement Reconciliation
• Suppliers Ledger Reconciliation
• Vendor Payments Reconciliation
• Customers’ Ledger Reconciliation
• Intercompany Reconciliations

Navigating Value Added Tax (VAT) regulations can be a significant challenge for many finance and accounting teams. Ensuring accurate VAT payments and claims is essential—not only for regulatory compliance but also for optimizing financial efficiency.

At Grantson Consulting, our VAT specialists deliver customized training programs designed to empower your finance and accounting teams with the knowledge and tools they need to manage VAT effectively and confidently.

Our training is tailored to your organization’s specific structure and operations, with a focus on:

• Understanding your current supplier, vendor, and customer profiles
• Analyzing the types of services supplied and procured
• Ensuring accurate and continuous VAT classification and recording
• Evaluating and improving compliance processes
• Identifying opportunities to optimize VAT claims and reduce liabilities

We go beyond standard training by first assessing how your organization currently manages VAT in day-to-day operations. This enables us to tailor our program to your real-world business practices, ensuring immediate applicability.

Our approach combines education with strategic advisory, helping your team not only comply with VAT requirements but also enhance internal processes, improve accuracy in reporting, and maximize claim opportunities.

Our executive will visit your office on periodic basis, weekly or monthly depends upon the scope of the work and time required to complete the assignment. All the data entry work has to be done by the full time accountant of the company. Our accounting supervision service will cover the following:

• Review of books of account with necessary supporting documents will be carried out. Major observations that require management attention and actions will be conveyed depending on their importance.
• To ensure that recognition of revenue transactions were properly made as per prudent accounting principles and in conformity with the nature of business and as per contracts.
• Analysis of sales will be made to see from the angle of contributions made by different categories of products, salesmen, etc.
• To ensure the payments made by the company are supported with proper documents and authorized by the concerned manager/owner.
• Check whether the payments are entered on an accrual basis and proper cut-off procedure is done at the end of every month.
• To ensure that reconciliation of bank accounts, customers’ accounts, suppliers’ accounts, and other major accounts were prepared correctly and on time.
• Further monthly review reports will be prepared and issued to the management at the end of every month including the analysis of financial statements, financial ratio analysis, analysis of working capital, BEP, marginal safety, etc., and our findings on the review of books of account.

We update the daily transactions of the company in to the accounting software and generate monthly/periodic reports for the management for decision making.

Our representative will be visiting your office on a weekly basis and update transactions. This will cover entry of all purchases, sales, receipts, payments and other business transactions including recognition of transactions on accrual basis.

The system generated Management Information System (MIS) reports will be generated and discussed then and there with the management. Monthly reports will be prepared and issued to the management at the end of every month. Such reports include:

• Balance sheet (statement of financial position)
• Profit and loss account (statement of comprehensive income)
• Cash flow statements
• Receivables ageing list
• Payables ageing list
• Comparative report on sales performance
• Comparative report on expenses etc
• Variance/ratio analysis

By the end of the month, we will visit to verify all purchases, sales, receipts, payments, and other business transactions including recognition of transactions on an accrual basis. The system-generated Management Information System (MIS) reports will be prepared and discussed with the management by our executive.

In order to do the regular accounting services weekly or monthly, the administrator or the secretary in the office of the client has to maintain the basic information of the transactions that happened during that period and those should be made available to verify and update.

We can support the client to update the transactions on a daily basis. It includes updating of transaction like sales, purchases, payments, receipts or reconciliation with bank statements /customers’ accounts/ suppliers accounts etc or any other requirements from the clients’ side on a full-time/part-time basis. The data has to be provided by the client through email or online portal to our executive. The periodic reports will be given to the management for such assignments we undertake.