Clean, organise and reconcile accounting data so your finance team can work from a more consistent set of records. CorporateWalla can help review ledgers, bank reconciliations, AR/AP, suspense balances, opening balances and selected supporting schedules based on the agreed scope.
Finance data cleanup is the process of identifying and resolving agreed accounting-data issues such as unreconciled balances, duplicate or incomplete records, incorrect classifications, old outstanding items and inconsistencies between accounting records and supporting information.
Reconciliation work compares records against an appropriate source and documents exceptions rather than making unsupported assumptions.
Depending on scope:
Compare book balances with bank statements, identify timing differences and investigate unexplained items.
Compare customer ledgers with invoices, receipts, credit notes and other agreed records.
Compare vendor balances with invoices, payments, debit/credit notes and available statements. For ongoing receivable and payable work, see AR/AP management.
Review unusual, aged, suspense or inconsistent balances and identify items requiring correction or further evidence.
Compare balances between related entities and identify mismatches requiring investigation.
Where applicable, reconcile payment-gateway or marketplace settlements with sales, fees, refunds and bank receipts based on available reports.
A reconciliation should not automatically force every difference to zero. Differences may arise from timing, missing documentation, accounting classification, prior-period issues, system migration or other causes.
Where the available evidence is insufficient, CorporateWalla records the item in an exception list and seeks the required clarification or supporting document. Any proposed accounting adjustment should be appropriately supported and approved according to the agreed process.
Data cleanup does not automatically determine the legal or tax treatment of a transaction. Tax-sensitive items may require separate tax review.
Similarly, identifying an accounting difference does not by itself establish fraud, misstatement or misconduct. Escalation to forensic, legal, tax or audit specialists should be recommended where the facts and engagement scope require it.
Finance data cleanup and reconciliation fees are scope-based. Pricing depends on the number of accounts, accounting periods, entities, transaction volume, source-data quality and complexity of unresolved items.
Cleanup does not guarantee that every historical error will be identified.
Pick the speed and depth that matches your need. Same quality, same CA team — only the timeline changes.
Timeline: Quoted on accounts and periods
Timeline: Quoted on transaction volume and source-data quality
Timeline: Quoted on entities and historical periods
Every price above is a professional fee, excluding GST and government charges. 50% on delivery.
Finance data cleanup and reconciliation fees are customised to the accounting periods, accounts and complexity involved. The proposal depends on the number of accounts, accounting periods, entities, transaction volume, source-data quality and complexity of unresolved items.
Define the accounting periods, accounts, entities and reconciliation objectives.
Obtain accounting exports, bank statements and other relevant supporting records.
Identify missing information, duplicate records, unusual balances and reconciliation exceptions.
Compare accounting records to appropriate source data within the agreed scope.
Separate identified errors, timing differences, missing information and items requiring management decisions.
Process or recommend corrections supported by available evidence.
Maintain an exception list instead of making unsupported assumptions.
Confirm the agreed reconciliation position and hand over supporting schedules.
Tell us your requirement, a CA will call you in 30 minutes.
Corrections are processed or recommended only where supported by available evidence.
Errors, timing differences, missing information and items needing management decisions are separated, not lumped together.
Unresolved items are recorded and followed up rather than forced to zero or guessed.
An agreed reconciliation position and supporting schedules ready for reporting, migration or ongoing bookkeeping.
From ₹4,999 • Monthly
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From ₹2,499 • Monthly
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Custom quote • Per engagement
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From ₹14,999 • Scope-based
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Custom quote • Monthly
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From ₹7,999 • Scope-dependent
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Custom quote • Per project
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Custom quote • Monthly
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