Missing months rebuilt
Every month without entries rebuilt from bank statements, invoices and bills, in order.
All accounting & bookkeeping services
Accounting & Bookkeeping
Backlog Accounting
If your books are months or years behind, FinAura brings them current. We rebuild the missing periods from bank statements and documents, reconcile every account, correct wrong classifications and clear suspense entries. When the books are clean, a Chartered Accountant reviews them and you move to a normal monthly routine.
- Reviewed by Chartered Accountants
- Zoho Books and Tally Prime
- Bangalore and across India
What is covered
What a Clean-Up Covers
Every month rebuilt, every account reconciled, every correction documented.
Bank reconciliation
Every bank and card account reconciled month by month until the books match the statements.
Wrong entries corrected
Misclassified expenses, duplicated bills and wrong GST heads found and corrected with a clear trail.
Suspense cleared
Unexplained balances traced and cleared, so nothing sits in a 'misc' or suspense account.
Ledgers agreed
Vendor and customer balances agreed with confirmations where needed.
Tax data matched
Sales and purchases matched to GST returns and TDS data, with differences listed for action.
How the month runs
How a Clean-Up Runs
A fixed timeline in four steps, agreed before we start.
Step 1
Assess
- Books and bank compared
- Missing periods listed
- Fixed quote and timeline
Step 2
Rebuild
- Missing months entered
- Documents collected
- Queries in one list
Step 3
Reconcile and correct
- Every account reconciled
- Wrong entries fixed
- Suspense cleared
Step 4
Review and hand over
- CA review
- Differences report
- Monthly routine begins
Your part
What We Need From You
- 01Bank and card statements for every month that is missing
- 02Sales invoices and purchase bills you can find
- 03GST and TDS returns already filed
- 04Access to your accounting software, if any
- 05Answers to our query lists as we go
Our part
What You Get at the End
- Books complete and current, period by period
- Every account reconciled to its statement
- A list of corrections made and why
- Differences with GST and TDS returns, with next steps
- Books ready for finalisation and audit
- A smooth move to monthly bookkeeping
A common question
How far behind can books be and still be fixed?
As far as the documents go. Bank statements are the backbone: with them, every transaction can be placed. Invoices, bills and filed returns fill in what each transaction was.
Where documents are missing, we record what can be supported and list the gaps clearly, so you and your auditor know exactly what is estimated and what is evidenced.
See monthly bookkeepingClean startStatements, audit, then a monthly routine
Rebuilt booksEvery month entered and reconciled
DocumentsBank statements, invoices, bills, returns
Who it is for
Who Comes to Us for a Clean-Up
Businesses a year or more behind
Books not updated since the last filing, now needed for audit, tax or a loan.
Companies changing accountants
Inherited books that need checking and correcting before monthly work starts.
Startups before a fundraise
Due diligence is coming and the books must stand up to it.
Owners who did it themselves
Spreadsheets and partial entries turned into proper books.
The rules, in plain English
What the Law Asks of Your Books
Companies Act, 2013
Section 128
Every company keeps books of account that give a true and fair view of its affairs, at its registered office or another place the Board decides, and preserves them for at least the eight financial years before the current one.
Official source: mca.gov.inCompanies (Accounts) Rules, 2014
Rule 3
Books kept electronically must stay accessible in India at all times, with a daily back-up on servers physically in India. For financial years starting on or after 1 April 2023, the accounting software must keep an audit trail of every change that cannot be switched off.
Official source: mca.gov.inCGST Act, 2017
Sections 35 and 36
Every GST-registered business keeps its accounts and records at its principal place of business and retains them for 72 months from the due date of the annual return for that year, or longer while an appeal or proceeding is open.
Official source: cbic-gst.gov.inIncome-tax law
Books and tax audit
Businesses and professions above the prescribed limits must keep books of account, and a tax audit follows above further limits. The limits change from time to time, so we confirm which apply to you before the year starts.
Official source: incometax.gov.inThis is general information, not advice for your situation; we confirm what applies to you before any work starts.
Questions we get asked
Clean-Up Questions, Answered
What is backlog accounting?
Bringing books that are behind up to date: recording the missing periods, reconciling every account and correcting errors, so the books are complete and reliable again.
How long does a clean-up take?
It depends on how many months are missing and how many documents are available. After the first assessment we give you a fixed timeline and a fixed quote.
What if some documents are lost?
Bank statements let us place every transaction. Where supporting documents are missing we record what can be supported, list the gaps, and help you get copies from vendors or portals.
Will clean-up change taxes already paid?
Sometimes it shows that returns already filed need correcting. We list every such difference and explain the options before anything is filed.
Do we have to continue with you after the clean-up?
No. Many clients do continue with monthly bookkeeping, but the clean-up is a separate project with its own quote.
Can you work in our existing software?
Yes, usually. If the existing data is beyond repair, we may suggest starting a fresh company file and bringing balances across.
Often Taken Together
All 10 Accounting & Bookkeeping services01Accounting & BookkeepingBookkeepingDaily or weekly recording of sales, purchases, expenses and bank entries, with every entry coded to the right ledger and GST head.02Accounting & BookkeepingFinancial StatementsMonthly, quarterly and annual profit and loss, balance sheet and cash-flow statements, prepared in the Schedule III format where it applies.03Accounting & BookkeepingEnd-to-End AccountingYour full finance back office: bookkeeping, reconciliations, vendor and customer ledgers, monthly close and reports, so you don't need an in-house accounts team.04Accounting & BookkeepingAI AccountingAI reads invoices and bank statements, sorts transactions, matches entries to your books and flags anything unusual. A Chartered Accountant reviews every output before it reaches you.05Tax & ComplianceTaxationGST, income tax, TDS, tax planning and notice replies, from reconciled data.06Accounting & FinanceFinance OperationsReconciliations, payables, receivables and a predictable month-end close.