CorporateWalla logoCorporateWalla

Startup & New Business Accounting Services

Set up your business finances correctly from day one. Starting a business is exciting. Setting up the accounting properly is less so—but getting the financial foundation right early can prevent significant cleanup work later.

Monthly डिलीवरी
CA-नेतृत्व टीम
50% अग्रिम, 50% डिलीवरी पर

Talk to a CA

We call back in 30 minutes. No spam.

+91

ISO 27001 encrypted

4.9★ Google · 50 reviews
ISO 27001 Certified
Trademark® Reg. 5857120
30-min callback

CorporateWalla provides accounting and bookkeeping services for startups, newly incorporated companies, founders and growing businesses.

We can help you establish your accounting system, record transactions, reconcile accounts, track expenses, manage receivables and payables, prepare financial reports and build a finance process that can scale with your business.

Startup Accounting Services — Starting from ₹4,999/month

Bookkeeping | Accounting Setup | GST/TDS Support | MIS | Financial Reporting

Why Startups Need Proper Accounting From the Beginning

Many new businesses start with spreadsheets, bank statements, payment-platform reports or informal records.

As transactions increase, this can create problems such as:

  • Unreconciled bank transactions
  • Incorrect opening balances
  • Missing invoices
  • Poor expense classification
  • Unclear customer receivables
  • Vendor balances that don't match
  • Unorganised GST records
  • Difficulty tracking profitability
  • Poor cash-flow visibility
  • Complicated year-end finalisation

A structured accounting process from the beginning makes it easier to understand the financial position of the business and scale the finance function later.

Startup Accounting Services We Provide

1. Accounting System Setup

We can help establish the basic accounting structure for your business.

This can include:

  • Chart of accounts
  • Customer masters
  • Vendor masters
  • Expense categories
  • Bank accounts
  • Tax configuration
  • Accounting periods
  • Reporting structure
  • Cost centres where required

We can work with suitable accounting software based on your business requirements.

2. Bookkeeping

Ongoing bookkeeping can include:

  • Sales entries
  • Purchase entries
  • Expense entries
  • Bank transactions
  • Journal entries
  • Customer receipts
  • Vendor payments
  • Bank reconciliation
  • Ledger reconciliation

The exact scope depends on the selected package. Explore Monthly Bookkeeping →

3. Accounting for Newly Incorporated Companies

Newly incorporated companies often need to establish accounting records from the beginning of operations.

We can help organise:

  • Incorporation-related accounting
  • Initial capital
  • Shareholder/director transactions
  • Bank setup
  • Initial expenses
  • Professional fees
  • Asset purchases
  • Revenue transactions
  • Vendor balances
  • Customer balances

The appropriate accounting treatment depends on the nature of each transaction.

4. Founder & Director Transactions

Startup founders frequently incur expenses personally or transfer funds between personal and business accounts.

We can help properly identify and record relevant transactions such as:

  • Capital introduced
  • Reimbursements
  • Business expenses paid personally
  • Director loans
  • Advances
  • Company payments

Transactions involving directors or related parties should be recorded based on their actual nature and applicable requirements.

5. GST Accounting Support

Where GST applies, accounting records can be structured to support GST-related compliance.

This can include:

  • Sales accounting
  • Purchase accounting
  • Input tax credit reconciliation support
  • Output tax accounting
  • GST ledger reconciliation
  • Credit/debit notes
  • Vendor invoice reconciliation

GST return filing can be included separately where required.

6. TDS Accounting Support

Where applicable, accounting processes can include:

  • TDS-related expense accounting
  • TDS payable reconciliation
  • TDS receivable reconciliation
  • Vendor ledger review
  • TDS-related accounting entries

The applicability and treatment of TDS depend on the transaction and current law.

7. Bank Reconciliation

Bank reconciliation is one of the most important recurring accounting controls for a startup.

We compare accounting records with bank information to identify items such as:

  • Missing entries
  • Duplicate entries
  • Unrecorded bank charges
  • Timing differences
  • Unidentified receipts
  • Unidentified payments

This helps keep the accounting records aligned with actual bank activity.

8. Accounts Receivable

As sales increase, startups need visibility over outstanding customer balances.

We can help maintain:

  • Customer ledgers
  • Invoice ageing
  • Outstanding invoices
  • Collection information
  • Customer reconciliation

Management reports can highlight overdue receivables for follow-up.

9. Accounts Payable

We can help maintain visibility over amounts payable to:

  • Vendors
  • Contractors
  • Service providers
  • Employees
  • Other creditors

Reports can include:

  • Vendor ageing
  • Outstanding invoices
  • Payment schedules
  • Vendor reconciliation

10. Startup Expense Accounting

Startups can have a wide range of expenses.

Examples include:

  • Salaries
  • Software subscriptions
  • Marketing
  • Advertising
  • Professional fees
  • Office expenses
  • Travel
  • Cloud infrastructure
  • Contractors
  • Payment gateway charges

We classify expenses based on the underlying transaction and applicable accounting requirements rather than simply categorising everything as a generic business expense.

11. Financial Statements

Depending on the business and engagement, we can prepare or support preparation of:

  • Profit & Loss
  • Balance Sheet
  • Cash-flow information
  • Trial balance
  • Supporting schedules

Financial statements are prepared based on the applicable accounting framework and agreed scope. Explore Annual Financial Statements →

12. Monthly MIS for Founders

Founders need more than accounting entries.

A startup MIS can include:

Revenue

  • Monthly revenue
  • Growth
  • Customer/channel analysis

Expenses

  • Major expense categories
  • Monthly trends
  • Budget vs actual

Cash

  • Opening cash
  • Inflows
  • Outflows
  • Closing cash

Working Capital

  • Receivables
  • Payables

Profitability

  • Gross margin
  • Operating expenses
  • Operating profitability

Where appropriate, business-specific KPIs can also be included. Explore MIS Reporting →

13. Cash-Flow Management

A profitable business can still face a cash shortage.

We can help startups monitor:

  • Cash balance
  • Expected collections
  • Upcoming payments
  • Payroll
  • Taxes
  • Vendor obligations
  • Planned expenses
  • Capital expenditure

For businesses requiring more detailed forward planning, cash-flow forecasting can be added.

14. Startup Budgeting

We can help establish an initial operating budget covering:

  • Revenue
  • Salaries
  • Marketing
  • Technology
  • Office costs
  • Professional fees
  • Other operating expenses

The budget can then be compared with actual performance.

Budget → Actual → Variance → Explanation → Action

15. Runway Analysis

For startups funded through founder capital or external investment, cash runway can be an important management metric.

A simple runway analysis may consider:

Available Cash ÷ Monthly Net Cash Burn

The calculation should be based on an appropriately defined burn metric and should be interpreted alongside expected revenue, collections and planned expenditure.

16. Investor Reporting

For funded startups, we can help organise financial information for management and investor reporting.

Depending on the engagement, this can include:

  • Revenue
  • Expenses
  • Cash balance
  • Burn
  • Runway
  • Budget vs actual
  • Receivables
  • Payables
  • Financial projections

Investor-specific reporting requirements can vary.

17. Fundraising Financial Preparation

When preparing for fundraising, founders may need organised financial information.

We can assist with:

  • Historical financial statements
  • Revenue analysis
  • Expense analysis
  • Cash-flow projections
  • Financial forecasts
  • Budget
  • Management MIS
  • Financial model support

Legal, valuation, investment-banking and transaction-advisory services are outside the standard accounting scope unless separately agreed.

18. Accounting for Startup Funding

Depending on the nature of the funding transaction, accounting records may need to distinguish between different sources and forms of funding.

Examples can include:

  • Founder capital
  • Equity investment
  • Loans
  • Convertible instruments
  • Other financing arrangements

The accounting treatment depends on the legal and commercial terms of the instrument.

19. Employee & Payroll Accounting

As the team grows, employee-related accounting becomes increasingly important.

We can support accounting for:

  • Salary expenses
  • Reimbursements
  • Employee advances
  • Payroll-related liabilities
  • Employer contributions
  • Statutory deductions

Payroll processing and labour-law compliance can be separately scoped where required.

20. Software & Subscription Accounting

Startups often use numerous software platforms.

We can organise accounting for:

  • SaaS subscriptions
  • Cloud services
  • Payment gateways
  • CRM platforms
  • Advertising platforms
  • Hosting
  • Professional software

Where international vendors are involved, the relevant tax and accounting treatment should be reviewed based on the transaction.

21. Accounting for International Transactions

Startups working with overseas customers or suppliers may have:

  • Foreign-currency receipts
  • Overseas payments
  • International subscriptions
  • Export transactions
  • Foreign payment gateways

We can provide multi-currency accounting support where required. Explore Multi-Currency Accounting →

Cross-border GST, FEMA and other regulatory matters are assessed separately based on the transaction.

22. Accounting for E-commerce Startups

For startups selling through:

  • Amazon
  • Flipkart
  • Shopify
  • D2C websites
  • Marketplaces
  • Multiple sales channels

accounting may require reconciliation of:

  • Sales
  • Returns
  • Refunds
  • Marketplace fees
  • Taxes
  • Settlements
  • Inventory

Explore E-commerce Accounting →

23. Accounting for Technology Startups

Technology startups can have accounting requirements around:

  • SaaS subscriptions
  • Software development
  • Employee costs
  • International customers
  • Deferred revenue
  • Investor reporting
  • Recurring revenue metrics

For SaaS businesses requiring specialist support, see our dedicated: SaaS & Startup Accounting Services. Explore SaaS Accounting →

24. Accounting Software for Startups

CorporateWalla can help you select and configure an accounting workflow around suitable software.

Zoho Books

Useful for businesses looking for a cloud accounting platform with accounting, banking, reconciliation, GST and reporting capabilities. Explore Zoho Books Accounting →

Tally Prime

Suitable for businesses requiring Tally-based accounting and inventory workflows. Explore Tally Accounting →

QuickBooks

For businesses operating in markets where the relevant QuickBooks products are currently available. Explore QuickBooks Accounting →

Tally → Zoho Migration

Already using Tally and want to move to Zoho Books?

Tally → Zoho Migration — From ₹9,999 Explore Migration →

Startup Accounting Checklist

Before starting your accounting system, consider having:

  • Certificate of incorporation
  • PAN/TAN information
  • GST registration information, where applicable
  • Bank account details
  • Founder/shareholder information
  • Customer details
  • Vendor details
  • Existing invoices
  • Expense records
  • Investment/funding documents
  • Loan documents
  • Payroll information
  • Accounting software access

The exact documents required depend on the business and engagement.

Common Startup Accounting Problems We Solve

"We Just Incorporated. Where Do We Start?"

We can help establish the accounting system and recurring finance process.

"Everything Is in Excel."

We can help migrate the business toward a structured accounting system.

"We Don't Know Our Actual Cash Position."

Bank reconciliation and cash reporting can provide better visibility.

"We Have Raised Money but Don't Have Proper Financial Reporting."

We can establish management and investor reporting.

"Our Accountant Only Records Entries."

You can add MIS, budgeting and financial analysis.

"Our Books Have Become Messy."

An Accounting Health Check can identify reconciliation and accounting issues before cleanup. Explore Accounting Health Check →

"We Want to Move From Tally to Zoho."

Tally → Zoho Migration — From ₹9,999

Migration pricing depends on the complexity and volume of data.

Startup Accounting vs Bookkeeping

BookkeepingStartup Accounting
Records transactionsEstablishes a broader finance process
Bank reconciliationAccounting structure + reconciliation
Ledger maintenanceFinancial reporting
Transaction-focusedBusiness-focused
Historical informationHistorical + management information
Basic reportingMIS, budgeting and forecasting where required

Startup accounting can therefore include bookkeeping but extends beyond transaction recording.

Startup Accounting vs Virtual CFO

Startup Accounting

Focuses primarily on:

  • Accounting
  • Bookkeeping
  • Reconciliation
  • Financial reporting
  • Compliance-related accounting support

Virtual CFO

Focuses more heavily on:

  • Financial strategy
  • Forecasting
  • Cash-flow management
  • Budgeting
  • Scenario planning
  • Strategic decision support

A startup can move progressively from:

Accounting → MIS → Financial Planning → Virtual CFO

Startup Accounting Services Across India

CorporateWalla supports startups and growing businesses across India, including:

Mumbai · Pune · Delhi · Gurgaon · Noida · Bangalore · Hyderabad · Chennai · Ahmedabad · Kolkata · Jaipur · Vadodara · Lucknow

We can also support businesses with international customers, vendors and financial transactions.

Build Your Startup's Finance Foundation

Your accounting system should grow with your business.

Start with:

Accounting → Reconciliation → Reporting → MIS → Forecasting → CFO

CorporateWalla can help you build that finance function step by step.

Startup Accounting Services — From ₹4,999/month

Bookkeeping | Accounting Setup | MIS | Financial Reporting

Transparent 3-tier pricing

Pick the speed and depth that matches your need. Same quality, same CA team — only the timeline changes.

Starter

4,999

Timeline: Per month

Best for: early-stage businesses with relatively straightforward accounting requirements
Monthly bookkeeping
Bank reconciliation
Customer/vendor ledger management
Basic P&L
Balance Sheet
GST/TDS accounting support
Monthly accounting review
MOST POPULAR

Growth

9,999

Timeline: Per month

Best for: growing businesses with increasing transactions
Everything in Starter
Detailed reconciliations
Receivables ageing
Payables ageing
Monthly MIS
Cash-flow reporting
GST reconciliation support
Management reporting
Month-end close support

Funded

19,999

Timeline: Per month

Best for: funded or more complex startups requiring stronger finance visibility
Everything in Growth
Budget vs actual
Financial forecasting
Cash-flow forecasting
Investor MIS
Working-capital analysis
KPI reporting
Financial planning support
Management review

ऊपर दी गई सभी कीमतें व्यावसायिक शुल्क हैं — GST और सरकारी शुल्क अतिरिक्त। 50% डिलीवरी पर।

Final pricing depends on transaction volume, entities, GST registrations, accounting software, international transactions, reporting requirements and scope.

यह कैसे काम करता है

Step 1

Understand Your Business

We understand your business model, revenue streams, customers, suppliers, team, locations, funding and accounting software.

Step 2

Design the Accounting Structure

We establish the appropriate chart of accounts, customer/vendor structure, tax configuration, bank accounts, reporting categories and cost centres where required.

Step 3

Configure the Accounting Software

We can assist with configuration of the selected accounting platform.

Step 4

Record & Reconcile

Transactions are recorded and relevant accounts are reconciled.

Step 5

Establish Month-End Process

We create a recurring process for: Bookkeeping → Reconciliation → Review → Reporting → Close.

Step 6

Add Management Reporting

As the business grows, MIS, budgeting and forecasting can be added.

मुफ़्त 15-मिनट CA परामर्श पाएँ

अपनी आवश्यकता बताएँ, 30 मिनट में CA कॉल करेगा।

+91

ISO 27001 encrypted · No spam, ever

आवश्यक दस्तावेज़

Certificate of incorporation
PAN/TAN information
GST registration information, where applicable
Bank account details
Founder/shareholder information
Customer details
Vendor details
Existing invoices
Expense records
Investment/funding documents
Loan documents
Payroll information
Accounting software access

CorporateWalla® को क्यों चुनें?

Start Correctly

Build your accounting structure before transaction volume becomes difficult to manage.

CA-Led Accounting Support

Professional accounting expertise with an approach designed for growing businesses.

Scalable Services

Start with basic bookkeeping and add MIS, forecasting or CFO support as required.

Multiple Software Options

Support for suitable accounting platforms including Tally Prime and Zoho Books.

Founder-Friendly Reporting

Reports designed to help founders understand the business rather than simply receive accounting statements.

One Finance Partner

Accounting, bookkeeping, MIS, financial statements and Virtual CFO support can be coordinated through one finance partner.

अक्सर पूछे जाने वाले सवाल

Startup accounting is the process of establishing and maintaining financial records, accounting systems, reconciliations and financial reporting for an early-stage or growing business.

शुरू करने के लिए तैयार हैं?

एक असली CA 30 मिनट में कॉल करेगा। कोई बॉट नहीं, कोई कॉल सेंटर नहीं, कोई टाल-मटोल नहीं।