Annual Accounts Preparation and Submission — Finalised. Audited. Filed.
Finalisation of the annual accounts and their submission to the authority the entity reports to, with the schedules and reports each submission carries.
Book Free ConsultationEvery registered entity closes its year the same way — the books are finalised, the accounts are drawn up, they are audited where required, and they are submitted to whichever authority the entity reports to.
At N D Savla & Associates, we take entities in Nashik and across Maharashtra through that cycle: companies and LLPs to the Registrar, trusts to the Charity Commissioner, and all of them to the income tax department.
Most of the work happens before finalisation. Balances that were never reconciled, entries posted to suspense, and closing stock that nobody counted all surface at year end, so we deal with them through the year rather than in the last fortnight.
Our Annual Accounts Services
Books Finalisation
Closing of the books with reconciliations, provisions and year-end adjustments.
Financial Statement Preparation
Preparation of the balance sheet, statement of profit and loss and notes.
Schedule Preparation
Preparation of the supporting schedules the statements and audit require.
Audit Coordination
Coordination with the auditor and resolution of queries raised during the audit.
Statutory Filing
Filing of the accounts with the registrar or other authority the entity reports to.
Tax Return Support
Preparation of the computation and return that follow from the finalised accounts.
Comparative Reporting
Presentation of the year against the prior year with explanation of movements.
Record Retention
Organisation and retention of the year-end file for later reference.
Our Annual Accounts Process
Pre-Close Review
Ledgers are reviewed and open items are cleared before the year is closed.
Adjustments and Provisions
Depreciation, provisions and accruals are computed and posted.
Statement Preparation
The financial statements and their notes and schedules are drawn up.
Audit
The accounts are audited and the report is finalised with any adjustments agreed.
Submission
The accounts are filed with the relevant authority within the applicable timeline.
Why It Matters
Frequently Asked Questions
Year end approaching?
Give us access to the books now — we’ll clear the open items before the close rather than during it.
