Freeze the books responsibly
Complete entries, closing adjustments and ledger scrutiny before generating final schedules.
Reconcile statutory data
Compare turnover, GST returns, TDS records, bank transactions and financial statements.
Review major ledgers
Examine revenue, purchases, expenses, loans, fixed assets, related parties and unusual balances.
Prepare supporting schedules
Keep depreciation, statutory dues, payments, MSME, stock and other applicable schedules ready.
Resolve open questions early
Document explanations and collect missing evidence before the reporting deadline.
Important: This article is general information and does not replace advice based on your specific facts and applicable law.