accounting advanced

ACCOUNTING & BOOK KEEPING

Accounting (Advanced): Master Your Operations

When your business hits a certain size, financial tracking goes beyond simple money in and money out. If you are managing physical warehouses, selling across multiple e-commerce platforms, or employing a large workforce subject to strict labor laws, your accounting needs to be as dynamic as your operations.

Our Accounting (Advanced) plan is the ultimate operational back-office. At The Online Tax, we introduce SKU-level inventory management, branch-wise cost center tracking, and comprehensive PF/ESI compliance. You even get a Dedicated Account Manager to ensure your complex data is processed smoothly, keeping your supply chain and workforce perfectly compliant.

Advanced Accounting with Inventory and Labor Compliance

CORE DELIVERABLES

Inventory & Labor Law Mastery

This plan absorbs all the features of the Growth tier (P&L, TDS, Payroll, Receivables) and adds enterprise-level operational tracking.

Inventory & Cost Centers:

  • SKU-Level Stock Tracking: We integrate your inward and outward delivery challans to maintain a live digital ledger of your physical stock levels.
  • Cost Center Accounting: If you have multiple branches, projects, or retail outlets, we track the revenue and expenses for each independently.
  • E-commerce Reconciliation: Reconciling bulk payouts from Amazon, Flipkart, or Shopify against the actual orders shipped and returned.

PF/ESI & Dedicated Support:

  • Statutory Labor Compliance: Complete management of your Employees' Provident Fund (EPF) and Employee State Insurance (ESI) deductions and monthly return filings.
  • Dedicated Account Manager: You are assigned a senior single point of contact (SPOC) for faster response times and deeper business context.
  • Fixed Asset Register: Tracking the depreciation of your heavy machinery, computers, and office equipment for accurate tax write-offs.
Inventory Ledgers and PF Compliance Documents

THE PROCESS

Connecting Your Supply Chain

To accurately track stock and labor compliance, we require a more detailed level of operational data from your warehouse and HR teams.

Stock Movement Data

Monthly inward receipts, dispatch challans, and goods return notes to update your digital inventory ledgers.

Employee KYC (PF/ESI)

Aadhaar cards, PAN cards, and UAN (Universal Account Numbers) for all new hires to register them on the government portals.

Branch-Wise Bills

Sales and expense invoices cleanly segregated by specific branch or project so we can map them to the correct cost center.

E-Commerce Reports

Settlement reports and GST-ready sales exports directly from your Amazon, Flipkart, or custom Shopify dashboards.

CLARIFICATIONS

Frequently Asked Questions

Common questions about physical stock tracking and labor law filings.

No, we do not visit your warehouse to physically count boxes. We maintain a digital inventory ledger based on the invoices, delivery challans, and goods-returned data you provide us. You should periodically conduct a physical audit and provide us with the variances so we can adjust the digital books.

In lower tiers, your work is handled by a pool of accountants. In the Advanced plan, you are assigned a specific senior accountant who deeply learns your business, your specific vendors, and your inventory quirks. They become your direct line for faster communication and problem-solving.

Yes. The Advanced plan goes beyond calculation. We will log into the government EPFO and ESIC portals on your behalf, upload the monthly Electronic Challan cum Return (ECR) files, and generate the payment challans for you to clear.

If you run three different restaurants under one company, a standard P&L just shows total profit. Cost Center tracking allows us to generate a separate P&L for Restaurant A, Restaurant B, and Restaurant C, so you know exactly which branch is highly profitable and which one is losing money.