Books of Account

He needs to maintain the books of accounts relating to his income like commission account, expenses and other ledgers, and all the general ledgers that are involved in his accounts. In other words all accounts except the purchase register, sales register and stock records as these are not applicable to such type of business.

In addition to what Amol Sir has said, he can maintain his books of account on cash basis rather than accrual basis.

Thnx

Shikha