Accounting & Financial Services

Clear, Practical Documentation Support

Well-drafted agreements help businesses reduce disputes, improve clarity, and protect commercial interests. MG Consulting assists businesses, entrepreneurs, and professionals with drafting and contract review support tailored to operational and regulatory requirements.

Our approach focuses on creating clear, commercially workable, and professionally structured documentation aligned with the nature of each transaction and business relationship.

Our KPO & Financial Service Offerings

Bookkeeping & Financial Accounting

Accurate and timely management of day-to-day financial transactions to maintain reliable financial records and support business operations.

Day-to-day accounting entries
General ledger maintenance
Accounts payable and receivable management
Vendor and customer reconciliation
Maintenance of books of accounts and financial records

Bank Reconciliation Services

Ensuring accuracy between accounting records and banking transactions through systematic reconciliation processes.

Bank and cash book reconciliation
Identification and resolution of discrepancies
Early detection of errors or irregular transactions
Periodic reconciliation reports

Financial Statements & MIS Reporting

Providing structured financial reporting and management insights for better decision-making.

Preparation of Profit & Loss Account, Balance Sheet, and Cash Flow Statements
Customized MIS reports for management
Budget vs. actual performance analysis
Monthly, quarterly, and annual reporting
Financial reporting support for management review

Compliance Management

End-to-end support for statutory and regulatory compliance requirements.

GST Compliance

GST registration assistance
GST return filing support (GSTR-1, GSTR-3B, GSTR-9)
Input Tax Credit reconciliation
GST reconciliation and compliance review
GST advisory and audit support

TDS Compliance

TDS computation and deduction
Challan payments and return filing (24Q, 26Q, 27Q, 27EQ)
Reconciliation and filing of correction statements\returns

Income Tax Compliance

Income computation and tax planning support
Return filing for Individuals, Firms, Companies, and LLPs
Advance tax calculation and payment support

Professional Tax Compliance

Registration and enrolment assistance – PTEC & PTRC
Preparation of Monthly\Yearly Liabilities
Monthly payments and annual filing support

Payroll Processing

Efficient payroll management solutions aligned with statutory compliance requirements.

Salary structuring and computation
Payroll processing assistance
Payslip generation and reporting
Statutory compliance support for PF, ESIC, and Professional Tax

Statutory Registrations & Renewals

Comprehensive support for business registrations, amendments, and renewals.

PAN & TAN registrations (including foreign entities)
GST registrations (Regular, Composition, Casual)
Professional Tax registration
MSME (Udyam) registration
NGO Darpan registration
GeM portal onboarding
Amendments, renewals, and ongoing compliance support

Management & Operational Reports

Transforming financial data into meaningful business insights and operational intelligence.

Cash flow projections
Financial ratio analysis
Segment and product-wise profitability analysis
Performance dashboards
Trend and variance analysis

Audit Support Services

Structured support to help businesses stay audit-ready and maintain compliance documentation.

Preparation for statutory, internal, and tax audits
Audit schedules and documentation support
Assistance in handling auditor queries
Identification and closure of compliance gaps

Due Diligence Services

Comprehensive review and assessment support for financial, compliance, and operational matters during business transactions and strategic decision-making.

Financial and accounting due diligence
GST, TDS, Income Tax, and statutory compliance review
Verification of financial records and reconciliations
Review of operational processes and documentation
Identification of financial and compliance risks
Due diligence reporting and management support
Assistance during investments, mergers, acquisitions, and funding activities

How We Support Businesses

Assistance in maintaining structured accounting records
Support for timely statutory filings and reporting
Coordination across accounting and compliance functions
Review support for process and documentation gaps
Practical financial support aligned with business operations
Organized reporting and compliance management processes

Why MG Consulting

We focus on accurate record management, organised compliance support, and practical financial processes that align with operational and reporting requirements. Our team works closely with businesses to support financial discipline, improve reporting efficiency, and maintain regulatory readiness through dependable accounting and compliance solutions.

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