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Nikhil Arora · CA · ICAI

Remote Bookkeeping
for US Small Businesses

Monthly bookkeeping, bank reconciliation, and CPA-ready financial reports — handled remotely, delivered clean.

Qualification Chartered Accountant, ICAI
Additional DISA, ICAI
Location Amritsar, Punjab, India
Nikhil Arora, Chartered Accountant
CA · ICAI

Who This Practice Serves

This practice serves US-based businesses that carry a bookkeeping backlog, have books not reconciled in months, or hand messy files to their CPA every year at tax time. The work is handled remotely — with clean deliverables, documented audit trails, and a clear monthly close process.

The practice also handles overflow work for US CPA firms: book cleanup, reconciliation, and year-end preparation so CPAs receive review-ready files rather than raw transaction exports.

  • Businesses with bank feeds unreconciled for 30 days or more
  • Owners whose CPA requires cleaner books before tax season
  • Businesses needing monthly financial reports but producing none currently
  • Companies using QuickBooks Online or Xero that need consistent month-end close
  • CPA firms requiring overflow bookkeeping capacity for client accounts

What the Practice Covers

Seven service areas, each with a defined scope and a documented close process. Click any card to see what the engagement covers and the business situation it addresses.

01

US GAAP — Account Classification Standards

Chart of Accounts Setup and Cleanup

02

US GAAP — Accrual Basis Transaction Recording

Monthly Bookkeeping and Transaction Management

03

Bank Reconciliation — Standard Month-End Close

Bank and Credit Card Reconciliation

04

Accounts Payable / Receivable — Aging Analysis

Accounts Payable and Receivable Management

05

South Dakota v. Wayfair (2018) — Economic Nexus Compliance

Sales Tax Tracking and Compliance Support

06

US GAAP — P&L, Balance Sheet, Cash Flow Statement

Monthly Financial Reports and Owner Briefing

07

Tax Return Preparation Support — CPA Coordination

CPA Coordination and Tax Readiness

What you receive

  • Full review and restructure of Chart of Accounts to US GAAP standards
  • Sub-account setup for revenue, COGS, operating expenses, assets, liabilities, and equity
  • Cleanup of historical transactions: uncategorised income, duplicate entries, mixed personal and business expenses
  • Data migration into QuickBooks Online, Xero, or Zoho Books as required
  • Written summary of changes made and categories applied

The situation this addresses

Books where the default Chart of Accounts was accepted at setup and never adjusted. Two or three years of transactions sit in wrong categories, personal charges are mixed with business, and the CPA spends the first billing hours untangling structure before any actual tax work begins.

A disorganised Chart of Accounts generates CPA cleanup fees at year-end. It also means the owner has no reliable view of which expenses are growing month to month.

What you receive

  • Every transaction categorised within 48 hours of hitting the bank feed
  • Receipt matching using the accounting platform's built-in capture
  • Journal entries for accruals, prepaid expenses, and depreciation
  • Payroll entries processed from Gusto, ADP, or Paychex reports: wages, employer taxes, benefits
  • Clean audit trail with every transaction documented and categorised

The situation this addresses

A business doing meaningful monthly revenue generates hundreds to thousands of individual transaction entries every month. Left unattended, those accumulate. By March, the CPA faces thousands of uncategorised transactions that must be resolved before any tax return can be prepared.

Monthly categorisation means the books reflect the business as it actually operates, and the owner has financial visibility from one period to the next rather than a year-end surprise.

What you receive

  • Every bank account and credit card reconciled monthly, to the penny
  • Identification and resolution of discrepancies: missing deposits, duplicate charges, unrecorded bank fees
  • Flagging of suspicious or unexplained transactions
  • Monthly reconciliation report the owner can review independently

The situation this addresses

Books that haven't been reconciled for several months carry unresolved discrepancies the owner doesn't know about. When tax time arrives and the accounting software balance doesn't match the bank, the CPA charges to diagnose and fix what should have been caught month by month.

Monthly reconciliation catches errors when they're hours old rather than months old.

What you receive

  • Professional invoices created and sent on the client's behalf with correct formatting, payment terms, and automatic reminders
  • 30/60/90-day accounts receivable aging reports with systematic follow-up on overdue invoices
  • Vendor bills recorded, payments scheduled to capture early payment discounts, vendor statements reconciled monthly
  • Weekly AP and AR aging reports so the owner knows who owes and for how long

The situation this addresses

A business with strong monthly revenue but significant unpaid invoices outstanding faces a cash shortfall that doesn't show up until a payroll date or a vendor payment deadline arrives. Receivables sitting at 45 to 60 days average outstanding tie up working capital the business is already earning.

Structured AP/AR management brings average days outstanding down and ensures no early payment discounts on vendor bills are missed.

What you receive

  • Sales tax rates set up for every state and jurisdiction the business sells into
  • Accurate tracking of taxable versus non-taxable revenue
  • Sales tax reports prepared for each filing period: monthly, quarterly, or annually by state
  • Economic nexus threshold monitoring with alerts when a new state triggers a filing requirement
  • Filing-ready reports coordinated with the CPA or owner for submission

The situation this addresses

Since the 2018 South Dakota v. Wayfair Supreme Court ruling, every US state with a sales tax can require remote sellers to collect and remit once economic nexus thresholds are crossed. A business selling across multiple states has multiple tax rates, multiple deadlines, and multiple penalty structures to manage.

Missed or incorrect filings carry per-month penalties and percentage-of-unpaid-tax charges that compound quickly when a state initiates an audit.

What you receive

  • Monthly financial package delivered by the 10th: Profit and Loss Statement, Balance Sheet, and Cash Flow Statement
  • Plain-English narrative summary explaining what the numbers mean, not just what they are
  • Key performance indicators the owner monitors: gross margin, net profit, cash runway, AR aging
  • Flagged anomalies and potential issues identified before they become material problems

The situation this addresses

Many business owners get two data points per year: nothing for eleven months, then a tax return in April telling them what happened the previous year. There's no month-to-month visibility, no way to see margin compression happening, and no early warning on cash shortfalls.

A monthly financial package with narrative analysis gives the owner the information they need when it's still actionable.

What you receive

  • Year-end books prepared for the CPA: all accounts reconciled, all adjustments posted, trial balance clean
  • CPA's standard request list compiled throughout the year: 1099s, W-2s, depreciation schedules, loan statements, owner contribution records
  • CPA questions during tax season handled without the business owner acting as go-between
  • Tax-ready filing folder maintained year-round

The situation this addresses

The common pattern: books arrive at the CPA in March in a state that requires hours of cleanup before any return preparation can begin. The CPA bills at their hourly rate for that cleanup work, and the owner pays for time that would have been unnecessary with consistent monthly bookkeeping.

Clean year-end books give the CPA time to focus on tax strategy rather than transaction reconstruction.


4 Steps. Clear at Every Stage.

Each engagement follows the same sequence: diagnostic first, scope confirmed in writing, delivery with a documented summary, and a clear handoff to the CPA when needed.

01

Diagnostic Review

View-only access to the accounting platform is requested. The books are reviewed over three to five business days: reconciliation status, uncategorised transactions, Chart of Accounts structure, outstanding AR and AP, and payroll entry accuracy. A written one-page summary goes to the business owner before any work begins.

02

Scope Confirmed in Writing

After the diagnostic, a scope confirmation is sent by email: exactly what will be delivered, the timeline, and the fee. No work begins until the scope is confirmed in writing. If the engagement changes, the scope email is updated and reconfirmed before work continues.

03

Delivery with a Written Summary

The agreed work is completed and delivered with a short written summary: what was found, what was done, and what the owner should know. Every deliverable includes a documented audit trail. The CPA receives files in the format they need, without requiring the business owner to act as an intermediary.

04

Ongoing Monthly Close

For retainer engagements, the same close process runs each month: bank feed categorisation, reconciliation, AP and AR reporting, and financial package delivery by the 10th. The process is documented as a standard operating procedure, so nothing depends on memory or informal communication.


About

Nikhil Arora is a Chartered Accountant registered with the Institute of Chartered Accountants of India, with over ten years of active practice running a CA firm in Amritsar. The practice has handled statutory audits, tax authority representations, and a concurrent audit engagement with the National Highway Authority of India.

The focus area for US remote work is bookkeeping and financial reporting for small businesses: Chart of Accounts setup and cleanup, monthly transaction management, bank and credit card reconciliation, accounts payable and receivable management, and CPA coordination at year-end. The work is carried out under US GAAP standards, with clean audit trails and documented close processes on every engagement.

Alongside CA qualification, Nikhil holds a Diploma in Information System Audits (DISA) from ICAI. The DISA credential covers accounting system controls, data quality, and audit trail integrity — areas that matter when a business owner is handing book access to a remote practitioner. Platform certifications cover both QuickBooks Online and Xero at the professional tier, with active practice work on both platforms.

The firm in Amritsar has operated with a team across ten years of practice, handling client relationships from initial onboarding through to tax authority representation. That background — managing files, communicating proactively, and taking full accountability for accuracy — is the same operating standard applied to US remote engagements.

Nikhil Arora, Chartered Accountant
Designation CA, ICAI
Qualified Chartered Accountant
Additional Qualification DISA, ICAI
Location Amritsar, Punjab, India
Specialisations US Bookkeeping, Bank Reconciliation, CPA Coordination

Contact the Practice

Nikhil Arora, CA

Amritsar, Punjab, India — serving US clients remotely

Location Amritsar, Punjab, India
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Write directly to the practice with details of what you need. No forms, no calls to schedule a call — just an email with the details below.

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What to include

  • The accounting platform you use (QuickBooks Online, Xero, or other)
  • Approximate number of transactions per month
  • How far behind the books currently are
  • Whether there's a CPA on file and what they've requested