Accounting Management
Ongoing management of the accounting function — month-end close, reconciliations, controls, budgets and cost analysis.
- Estimate Cost
- ₹10,000 – ₹50,000
- Typical duration
- 10 days
Service overview
End-to-end management of a business's accounting function — supervising day-to-day accounting, closing the books each month, maintaining controls and analysing costs and budgets — so management gets reliable numbers without building a full in-house team.
Who needs it? / When is it needed?
- Growing businesses with a junior accountant who needs supervision
- Companies with multiple locations or entities
- Businesses whose month-end close is slow or unreliable
What to expect from the WCP Professionals
- Review and supervision of daily accounting entries
- Month-end close calendar and checklist
- Reconciliations of bank, GST, TDS, inter-company and party balances
- Internal controls over approvals, payments and expenses
- Budget-versus-actual and cost-control analysis
- Coordination with auditors and tax advisers
Key deliverables
- Monthly closed books and trial balance
- Reconciliation pack
- Budget-versus-actual and cost analysis
- Control and process improvement notes
Standard turnaround time
- Initial review: 5–10 working days
- Ongoing: monthly cycle, with books closed within an agreed number of days after month end
Government fees, timelines & key outcomes
No government fee.
Key outcomes: a reliable, controlled accounting function and timely numbers for decisions.
Forms & filings involved
- No statutory form for the service itself
- Supports GST, TDS, income tax and ROC filings handled by the relevant professionals
Documents required
- Access to accounting software and bank statements
- Existing policies, approval matrices and budgets
- Prior-year financial statements and audit notes
What we need from you
- A named finance contact in the business
- Agreement on the close calendar and reporting format
- Timely approvals and explanations from management
Important conditions
The service supervises and improves the accounting function; responsibility for the accuracy of the books and for the financial statements remains with management.
Additional information
Often combined with MIS reporting or virtual CFO support for businesses that need both clean books and decision-ready analysis.
The estimated cost covers indicative professional fees only. Government fees, stamp duty and taxes are payable at actuals.
How it works
- 1. Raise a service enquiry describing your requirement.
- 2. A Relationship Manager reviews it and opens it for bidding.
- 3. Pay into escrow and assign the professional you select.
- 4. Track progress to completion, then accept and release payment.
Frequently asked questions
How is accounting management different from bookkeeping?
Bookkeeping records transactions; accounting management supervises the whole function — close, reconciliations, controls and analysis.
Can it work with my existing accountant?
Yes. The professional supervises and reviews the in-house accountant's work and sets up the close process.
How fast can the month-end close be?
With a defined calendar and timely documents, many businesses close within 5–10 working days of month end.
Who is responsible for the accounts?
Management remains responsible for the books and financial statements; the professional supports and supervises.