A user is seeking advice on appropriate charges for writing the accounts of a Private Limited company with a significant turnover (Rs. 27 crores) and a high volume of bank transactions (around 10,000 entries). They are looking for guidance on monthly fees for services including Tally entry and GST reconciliation, excluding tax audit fees. Suggestions ranged from £10,000 to £20,000 per month, with a lump sum of £1,20,000 if all entries are provided at year-end.
I have a client who has a Private Limited company and having turnover of Rs. 27 crores and have transactions in Bank of around 10,000 entries.
I want to know if I am writing his entire accounts in Tally along with doing GST reconciliation what should be the minimum amount I must charge from him as my accounts writing charges except Tax audit.