Reconciliation isnβt just for banks β it's a key step in keeping your business finances clean, clear, and compliant
Here are the must-know types:
1οΈβ£ Bank Reconciliation β Match bank statements with books 2οΈβ£ Vendor Reconciliation β Match supplier ledgers with yours 3οΈβ£ Customer Reconciliation β Track whatβs received vs. outstanding 4οΈβ£ GST Reconciliation β Match GSTR filings with books & portal 5οΈβ£ TDS Reconciliation β Match TDS returns with books & Form 26AS 6οΈβ£ Inter-Company Reconciliation β Settle between branches/entities
π‘ Every business owner should know this golden rule:
π ASSETS = LIABILITIES + EQUITY
This simple formula tells the entire story of your business: everything you own (Assets) is financed either by debt (Liabilities) or your own investment (Equity).
π° Assets β What You Own β¨ Short-term (Current): Cash, Accounts Receivable, Inventory π’ Long-term (Non-current): Property, Equipment, Goodwill
β‘οΈ These generate income & build your business foundation.
π¦ Liabilities β What You Owe π Short-term: Accounts Payable, Deferred Revenue π Long-term: Loans, Deferred Taxes
β‘οΈ Show how your business is financed & obligations managed.
π The Accounting Cycle β Simplified for Business Owners
Every successful business follows this financial rhythm! The Accounting Cycle isnβt just for accountants β itβs the secret behind clear books, accurate reports, and smart business decisions. π‘
Hereβs your 8-step roadmap to keep accounts clean and compliant π
1οΈβ£ Identify & Analyze Transactions 2οΈβ£ Record in Journal 3οΈβ£ Post to Ledger 4οΈβ£ Prepare Trial Balance 5οΈβ£ Review & Adjust 6οΈβ£ Fix Errors 7οΈβ£ Create Financial Statements 8οΈβ£ Close the Books
π¬ Each step helps you: βοΈ Detect mistakes early βοΈ File accurate returns βοΈ Understand your true profit
πΌ Whether youβre a startup founder, small business owner, or finance learner β mastering this cycle means youβll never be confused about your numbers again!
Hi, Iβm Deepthi Iβm a freelance Accounting Support professional helping startups and small businesses with:
β Bookkeeping β GST Filing & Registration β Income Tax Filing β MSME Registrations β Tally Training β Other Accounting Services
π‘ My mission is to deliver high-quality accounting support that empowers entrepreneurs to focus on growing their business while I take care of their finances.
π On this page, Iβll be sharing useful tips, training, and updates about Bookkeeping, GST, Income Tax, MSME, and Tally.
π¬ If youβre looking for reliable accounting help, letβs connect!
π§Ύ Next-Gen GST Reforms Are Coming!* India is upgrading its GST system for better compliance, faster input credit, and tech-driven monitoring.
β¨ Key Highlights:
β Real-time invoice tracking β Single return filing system β E-invoicing expansion β AI-based risk analysis for fraud prevention β Simplified GST for small businesses
π’ Small business owners β be ready for smarter GST!
Automation, integration, and transparency are the future.
Svastikaa Solutions
Starting Social Media Challenge 4.0 from the 1st
A powerful journey to develop discipline
confidence and a strong digital identity.
Iβm committed to learning actionable strategies creating impactful content and growing online with clarity and purpose.
This challenge marks a new phase in my digital evolution.
#GrowthMindset
#PersonalBrand
#DigitalJourney
#SvastikaaSolutions
#digitalmahila
1 week ago | [YT] | 8
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Svastikaa Solutions
Reconciliation isnβt just for banks β it's a key step in keeping your business finances clean, clear, and compliant
Here are the must-know types:
1οΈβ£ Bank Reconciliation β Match bank statements with books
2οΈβ£ Vendor Reconciliation β Match supplier ledgers with yours
3οΈβ£ Customer Reconciliation β Track whatβs received vs. outstanding
4οΈβ£ GST Reconciliation β Match GSTR filings with books & portal
5οΈβ£ TDS Reconciliation β Match TDS returns with books & Form 26AS
6οΈβ£ Inter-Company Reconciliation β Settle between branches/entities
π Regular reconciliation = fewer errors, better compliance, smooth audits!
Follow *@accounts_deepthi* for more practical accounting tips πΌ
Mob No. 91103 82986
#DeepthiAccounts #SvastikaaSolutions #Reconciliation #AccountingTips #GSTReconciliation #BankReconciliation #BusinessFinance #DigitalMahila #SmallBusinessSupport #TDS #AuditReady #FinanceBasics
1 month ago | [YT] | 2
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Svastikaa Solutions
π The Balance Sheet Formula β Simplified!
π‘ Every business owner should know this golden rule:
π ASSETS = LIABILITIES + EQUITY
This simple formula tells the entire story of your business:
everything you own (Assets) is financed either by debt (Liabilities) or your own investment (Equity).
π° Assets β What You Own
β¨ Short-term (Current): Cash, Accounts Receivable, Inventory
π’ Long-term (Non-current): Property, Equipment, Goodwill
β‘οΈ These generate income & build your business foundation.
π¦ Liabilities β What You Owe
π Short-term: Accounts Payable, Deferred Revenue
π Long-term: Loans, Deferred Taxes
β‘οΈ Show how your business is financed & obligations managed.
π Equity β Whatβs Yours
π΅ Share Capital + Retained Earnings = Ownership Value
β‘οΈ Stronger equity = Sustainable growth & financial stability.
π¬ Why It Matters:
Your Balance Sheet = Your Business Health Report
It shows liquidity, debt control & real value creation.
π Clear books β Confident business decisions.
π© DM @DeepthiAccounts to learn how to prepare and understand your balance sheet like a pro!
#DeepthiAccounts #AccountingBasics #BalanceSheet #FinancialLiteracy #StartupFinance #SmallBusinessIndia #BookkeepingMadeEasy #FinanceTips #BusinessInsights #TallyTraining #GSTSupport #FinancialEducation
2 months ago | [YT] | 1
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Svastikaa Solutions
π The Accounting Cycle β Simplified for Business Owners
Every successful business follows this financial rhythm!
The Accounting Cycle isnβt just for accountants β itβs the secret behind clear books, accurate reports, and smart business decisions. π‘
Hereβs your 8-step roadmap to keep accounts clean and compliant π
1οΈβ£ Identify & Analyze Transactions
2οΈβ£ Record in Journal
3οΈβ£ Post to Ledger
4οΈβ£ Prepare Trial Balance
5οΈβ£ Review & Adjust
6οΈβ£ Fix Errors
7οΈβ£ Create Financial Statements
8οΈβ£ Close the Books
π¬ Each step helps you:
βοΈ Detect mistakes early
βοΈ File accurate returns
βοΈ Understand your true profit
πΌ Whether youβre a startup founder, small business owner, or finance learner β mastering this cycle means youβll never be confused about your numbers again!
π© DM @DeepthiAccounts to learn Bookkeeping & GST filing step-by-step like a pro.
#digitalmahila #public #education
#DeepthiAccounts #AccountingBasics #AccountingCycle #FinanceTips #SmallBusinessIndia #StartupFinance #BookkeepingMadeEasy #MonthEndClose #TallyTraining #GSTSupport #FinancialEducation #EntrepreneurLife
2 months ago | [YT] | 1
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Svastikaa Solutions
π Accounting Basics Simplified!
Every business owner should know this golden rule:
π‘ ASSETS = LIABILITIES + EQUITY
β Assets β What you own
β Liabilities β What you owe
β Equity β What belongs to you
This is the heart of every balance sheet, connecting income, expenses, profit & capital together!
π― Learn to read and manage your books like a pro.
π© DM @DeepthiAccounts to start your Accounting Basics Training today!
#DeepthiAccounts #AccountingBasics #BookkeepingMadeEasy #BalanceSheet #StartupSupport #SmallBusinessIndia #FinancialEducation #LearnAccounting #TallyTraining #GSTFiling #BusinessGrowth
2 months ago | [YT] | 1
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Svastikaa Solutions
Another happy client got their *MSME Registration* done smoothly with us β
Fast β’ Hassle-Free β’ Professional πΌ
π© DM us to get your MSME certificate today!
#MSMERegistration #ClientFeedback #BusinessSupport #digitalmahila #deepthiaccounts #HappyClients
3 months ago | [YT] | 2
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Svastikaa Solutions
Hi, Iβm Deepthi
Iβm a freelance Accounting Support professional helping startups and small businesses with:
β Bookkeeping
β GST Filing & Registration
β Income Tax Filing
β MSME Registrations
β Tally Training
β Other Accounting Services
π‘ My mission is to deliver high-quality accounting support that empowers entrepreneurs to focus on growing their business while I take care of their finances.
π On this page, Iβll be sharing useful tips, training, and updates about Bookkeeping, GST, Income Tax, MSME, and Tally.
π¬ If youβre looking for reliable accounting help, letβs connect!
3 months ago | [YT] | 4
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Svastikaa Solutions
GST
4 months ago | [YT] | 4
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Svastikaa Solutions
π§Ύ Next-Gen GST Reforms Are Coming!*
India is upgrading its GST system for better compliance, faster input credit, and tech-driven monitoring.
β¨ Key Highlights:
β Real-time invoice tracking
β Single return filing system
β E-invoicing expansion
β AI-based risk analysis for fraud prevention
β Simplified GST for small businesses
π’ Small business owners β be ready for smarter GST!
Automation, integration, and transparency are the future.
π© DM @deepthiaccounts for guidance on adapting to new changes.
#NextGenGST #GSTReform #digitalmahila #deepthiaccounts #TaxUpdate #SmallBizSupport #AccountingSimplified #TeluguBusinessTips
4 months ago | [YT] | 3
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Svastikaa Solutions
π Startup & Small Business Support β Simplifying Accounts for You!
At Deepthi Accounts, I help entrepreneurs, startups, and small business owners with:
βοΈ GST Registration & Filing
βοΈ Tally Training & Bookkeeping
βοΈ Income Tax Returns (ITR)
βοΈ Business Compliance Guidance
π‘ My goal is to make accounting simple, practical, and stress-free for business owners.
π Contact for Support: 91103 82986
π Follow for daily tips & tutorials!
β¨ Donβt forget to Like, Share & Subscribe for more updates.
#DeepthiAccounts #StartupSupport #SmallBusiness #GST #Tally #ITR #Bookkeeping #digitalmahila
4 months ago | [YT] | 4
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