Service
Accounting & Monthly Close
Clean books are the base for every filing and audit. We post daily in SAP and close to your global timetable, with parent-GAAP adjustments prepared with your finance team.
Books and fixed assets
- Daily posting in SAP: bank, expenses and journals, with supporting documents
- Fixed asset register in SAP: Companies Act depreciation for local accounts, alongside your parent's depreciation policy for group reporting
- Income-tax depreciation kept in a governed schedule, reconciled to SAP every quarter
Accounts payable
- Vendor onboarding: PAN, GSTIN, TDS (tax deducted at source) category and MSME status
- Invoice validation, TDS at payment and reverse-charge identification
- Payment proposals prepared against agreed due dates; released by your authorised approvers
- MSME vendors flagged so payment stays within 45 days
Monthly close and MIS
- Close calendar aligned to your global timetable
- Trial balance, P&L, balance sheet, cash flow and variance commentary
- Parent-GAAP adjustments prepared in consultation with your finance team
- Two sets of books: parent GAAP for consolidation and Companies Act accounts for statutory compliance
Why this matters to you
Early choices, such as vendor tax categories and the chart of accounts, flow into every later filing and are costly to unwind. A wrong tax category on a vendor master repeats on every invoice until someone finds it. A late India close also delays the parent's close.
Ready to set up your India finance function?
Tell us about your entity and timeline. We reply within one business day (IST).