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Accounting & Taxation

Accounting and Bookkeeping Services in Nepal

Books That Are Always Audit-Ready and IRD-Compliant

Most businesses in Nepal don't fail their tax filings because of bad intentions — they fail because bookkeeping happens in a rush, right before a deadline. CompanySathi provides ongoing accounting and bookkeeping services so your ledgers, VAT records, and financial statements stay accurate and current, not reconstructed under pressure once a year.

Our team of CA finalists and experienced associates maintains your books in line with Nepal Financial Reporting Standards (NFRS), keeps your VAT and PAN filings current with the Inland Revenue Department, and prepares management-ready financial reports so you always know where the business stands.

What You Get

Monthly Bookkeeping

Transaction recording, bank reconciliation, and ledger maintenance handled monthly, not scrambled together at year-end.

NFRS-Compliant Financial Statements

Balance sheets, profit & loss statements, and cash flow reports prepared to Nepal Financial Reporting Standards.

Digital Accounting Setup

We help you move from paper ledgers or spreadsheets to proper accounting software, configured for Nepal's tax rules.

Audit-Ready Records

Books maintained in a format your statutory auditor can work with directly — no last-minute reconstruction.

How It Works

1

Books Review

We assess your current bookkeeping setup, chart of accounts, and gaps.

2

System Setup

Accounting software and processes are configured or cleaned up for ongoing use.

3

Monthly Maintenance

Transactions, reconciliations, and VAT records are updated monthly.

4

Periodic Reporting

You receive management reports so you can make decisions with current numbers.

5

Year-End Finalization

Financial statements are finalized and handed to your auditor or tax filer, audit-ready.

Common Questions

How often should a business in Nepal update its accounting records?+

Monthly is the practical minimum for VAT-registered businesses, since VAT returns are filed monthly and rely on accurate, current transaction records.

Do small businesses in Nepal need formal bookkeeping?+

Yes — even small firms are required to maintain records for tax filing, and proper bookkeeping is what makes annual audit and tax compliance fast and low-cost rather than a scramble.

What accounting standard applies to companies in Nepal?+

Most companies follow Nepal Financial Reporting Standards (NFRS), issued by the Accounting Standards Board Nepal, with simplified NFRS for SMEs available for smaller entities.

Can you take over bookkeeping mid-year from another accountant?+

Yes, we regularly take over bookkeeping mid-year, starting with a reconciliation of the existing records before moving to ongoing maintenance.

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Ready to Get Started With Accounting & Taxation?

Talk to a CA-led team that handles this every week, not once a year.

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