Om Accounting is an accounting, bookkeeping and Virtual CFO firm based in Jaipur, India. The firm has been running since July 2017. Its founder, Bhagirath Kirad, has worked in accounting and finance professionally since 2007, which means the practice was built on roughly a decade of hands-on experience before it took its first client.
We work with growing businesses across India and with clients and accounting firms outside it. The largest part of our practice is ecommerce and marketplace accounting, and that is not an accident of who happened to call us — it is the area where the accounting is genuinely hardest and where most books we inherit turn out to be wrong.
What we actually do
Most accounting firms describe themselves by the compliance they file. We would rather describe ourselves by the problem we solve: reconciling the whole money trail, from marketplace gross sales through settlement, fees, returns and taxes, all the way to the amount that lands in the bank, so a business owner knows their real sales, real expenses, real cash position and real profitability.
That distinction matters more than it sounds. If a seller sees eight lakh arrive in the bank and books it as sales, every number downstream is wrong — revenue is understated, marketplace fees are invisible, tax credits withheld on their behalf go unclaimed, and channel profitability cannot be calculated at all. The chain behind that credit runs gross sales, less returns and refunds, less commission, less shipping and fulfilment, less collection and payment fees, less other adjustments, less TCS and TDS, and only then the settlement. Our job is to account for every step of it.
The work we handle today
- 40+ clients, of which approximately 38 are ecommerce businesses
- Approximately 15 to 18 lakh order-level ecommerce transactions reconciled each month, and more in festive periods
- GST accounting and filing across roughly 60 to 70 GSTINs
- Amazon, Flipkart, Myntra and Meesho, plus D2C and own-website sales — several clients sell on three or more platforms simultaneously
- Bookkeeping, bank and payment gateway reconciliation, month-end close, financial reporting and Virtual CFO work alongside the marketplace specialism
How the month runs
We work to a fixed calendar rather than to whoever shouts loudest. Marketplace and sales data is collected by the 8th so that GSTR-1 can be filed by the 11th. Bank and accounting data is in by the 14th. The monthly reporting pack is delivered between the 15th and the 20th.
That pack contains the profit and loss and balance sheet, marketplace-wise sales, settlement reconciliation, marketplace fees analysis, returns and refunds analysis, GST, TCS and TDS reconciliation, bank reconciliation, receivables and payables, inventory information, and channel-wise profitability. It is designed to be read by an owner making decisions, not filed away by an accountant.
The team
Om Accounting is a team of 15+ accounting and finance professionals. It includes Chartered Accountants and CPA professionals alongside B.Com and M.Com qualified accountants, CA-level accounting professionals and experienced bookkeeping specialists.
Work is organised by function rather than by parcelling each client out to one individual: bookkeeping and accounting, bank and account reconciliation, accounts payable and receivable, GST and India tax accounting, ecommerce and marketplace accounting, settlement reconciliation, financial reporting, management reporting, accounting review and quality control, client coordination, and Virtual CFO support.
Every client still has a named person who handles their file and stays with it, so nobody re-explains their business each month. The difference is that the named person is backed by a team, so the work does not stop when someone is on leave, and the person recording your transactions is not the only person who looks at them before you do.
Bhagirath Kirad, Founder
Bhagirath Kirad founded Om Accounting in July 2017 after roughly a decade working in accounting and finance. He holds a B.Com and an M.Com, and an MBA in Finance and Marketing.
The firm was built around a conviction that has not changed since: that a business owner should be able to look at their own accounts and understand what happened, and that most cannot, because the books they are given reconcile to nothing. The ecommerce specialism grew out of that — marketplace accounting is where the gap between what the books say and what actually happened is widest.
How we work
We start from a correct opening position, even when that is slower
Clean books take one to two weeks to bring into a running cycle. A backlog of six months or more takes two to six weeks or longer, because we rebuild from source documents and reconcile rather than rolling forward figures we cannot verify. Every month afterwards is built on that opening balance, so an opening balance nobody checked is a problem that compounds.
We ask rather than guess
Where a transaction is unclear or a document is missing, it goes on an exceptions list and comes back to you. Books that were guessed at look finished and reconcile to nothing, which is the state most of the accounts we inherit are in.
We do not publish what we cannot evidence
We quote after looking at actual volumes rather than from a price list, because a seller doing four hundred orders a month and one doing forty thousand are not the same engagement at any rate. We do not claim security certifications or formal information-security frameworks, because we have not been through those certification processes. We handle client financial information on a need-to-know basis, with confidentiality obligations and NDAs where the engagement requires them, restricted system access, and internal review before anything is reported.
Where we are
We have two offices in Jaipur, both operating. The older one is at 201, Second Floor, 27B Dhuleshwar Garden, C-Scheme, Jaipur 302001, and the second is in Patrakar Colony, Mansarovar Extension. Office hours are Monday to Saturday, 9 AM to 8 PM IST.
Most of our work is done remotely, for clients across India and outside it. You are welcome to visit either office, but you do not need to be in Jaipur — or in India — to work with us.
Om Accounting is registered as an MSME under UDYAM-RJ-17-0475651.
Talk to us
Call or WhatsApp +91 80944 44888, or write to cs@omaccounting.in. Tell us what you sell, roughly how many transactions a month, what software you are on and where your books stand today — that is enough for us to tell you whether we are the right fit.