Accounting, Bookkeeping & Consulting (ABC)

Accounting (ABC)

Books that help you run the business

Accurate, current books are not just a compliance requirement - they are the base for GST, tax, audit, and the decisions you make about the business day to day. We maintain your books and turn them into reports you can actually use, with the option of ongoing financial oversight where the business has outgrown basic bookkeeping.

Run

Running the books

For businesses that want their day-to-day transactions recorded and their people paid, consistently, not reconstructed at year-end.

Core Accounting

Bookkeeping & Tally Prime Management

Day-to-day bookkeeping maintained in Tally Prime, kept current through the year rather than updated only when a return or audit is due. Covers transaction recording, ledger maintenance, bank reconciliation, and tracking of receivables and payables, with support through each month's closing.

What we cover: Transaction recording · Ledger maintenance · Bank reconciliation · Receivables & payables

Discuss your accounting needs
02

Payroll Processing

Monthly payroll processing, salary calculations, and statutory deductions, with payslips and payroll records maintained alongside your books.

Talk to us →
Understand

Understanding the business

Your books record what happened. This is where that turns into something you can actually read and act on.

Management Reporting

Financial Reporting & MIS

Periodic management information system (MIS) reports and dashboards built from your accounting data - profitability, cash position, and receivables, and the trends behind them - using tools such as Power BI, Python, and Excel for reporting and automation.

What we cover: Monthly MIS · Dashboards · Profitability & cash-flow reporting · Ageing analysis

Ask about monthly MIS
04

Financial Statement Preparation (Ind AS)

Balance sheet, statement of profit and loss, and supporting statements, prepared under Ind AS where applicable, and kept ready for audit, tax, or banking purposes.

Talk to us →
Plan

Planning ahead

For businesses ready to move from reviewing what happened to planning what happens next.

Outgrown basic bookkeeping?

Virtual CFO Services

For growing businesses that need ongoing financial oversight, but not a full-time CFO. We work from your MIS to review cash flow, budgets, and profitability, and support the decisions that follow, on a Virtual CFO basis rather than a single engagement.

Monthly MIS review · Cash-flow visibility · Budgeting & forecasting · Management reporting

Explore Virtual CFO support
06

Budgeting & Forecasting

Annual budgets and periodic forecasts built from your accounting history, with budget-versus-actual tracking through the year.

Plan your budget →
Specialist

Specialist accounting support

Two client groups whose accounting needs sit outside routine bookkeeping.

Specialist · Foreign Subsidiary

Foreign Subsidiary Accounting Management

Accounting and compliance support for Indian subsidiaries, branches, and operations of foreign companies - India-side books, reporting formatted for the parent company, and coordination with Indian GST, tax, and audit requirements.

Foreign Cos
Discuss your India entity
Specialist · Institutions

Trusts, Schools & Educational Institutions

Accounting, ITR filing, and taxation support for large trusts, schools, and universities, alongside institutional record-keeping and compliance support.

Discuss your institution's accounts

How It Runs

A typical month, properly closed

01

Record

Transactions recorded in Tally Prime as they occur through the month.

02

Reconcile

Bank and key ledger accounts reconciled against your records.

03

Close

The books closed for the period, with GST and TDS information coordinated.

04

Report

MIS and financial reports prepared from the closed books.

05

Review

Numbers reviewed with you - what changed, what needs attention, what's next.

This is a typical engagement cycle - the exact scope is agreed as part of each engagement and can vary by business.

Common Questions

Accounting, answered plainly

What does outsourced accounting with YKPCA actually include?

It depends on the engagement, but typically covers maintaining your books, reconciling key accounts, closing the period, and producing the reports you need, coordinated with your GST and tax filings rather than handled separately.

Can you handle monthly bookkeeping for a small business?

Yes. Bookkeeping is maintained through Tally Prime or equivalent software, sized to the volume of transactions your business actually has.

Do you work with software other than Tally Prime?

Tally Prime is our primary accounting software, and we use Excel, Power BI, and Python for reporting and automation work on top of it.

Can accounting and GST or income tax compliance be coordinated through the same firm?

Yes. Since audit, taxation, and accounting are handled within the same practice, coordination between your books and your GST and income tax filings can be more straightforward. This depends on your records and how current they are, and doesn't guarantee a compliance outcome on its own.

What is the difference between bookkeeping and a Virtual CFO engagement?

Bookkeeping keeps your transaction records current. A Virtual CFO engagement sits above that, reviewing what the numbers mean for cash flow, budgets, and business decisions, for businesses that need that oversight without hiring a full-time CFO.

Can you support a business that already has an in-house accountant?

Yes. We can work alongside an existing accountant to review and oversee the books rather than replace them, depending on what the business actually needs.

Do you provide accounting support to foreign subsidiaries in India?

Yes, for the India side of the accounting - local books, reporting formatted for the parent company, and coordination with Indian GST, tax, and audit requirements.

Can you prepare financial statements under Ind AS?

Where Ind AS applies to a business, yes. Applicability depends on the entity and isn't the same for every business, so this is confirmed as part of the engagement.

Tenali & Beyond

Accounting support, from Tenali

A fourth-generation practice, continuing the firm's work since 1938, supporting startups, SMEs, family businesses, foreign subsidiaries, and institutions from Tenali and across Guntur, Vijayawada, and Visakhapatnam, with remote support where appropriate.

Accounting sits alongside the firm's other work - if GST, income tax, audit and assurance, or company and LLP compliance also apply to your business, we handle those directly as well, or you can talk to our Chartered Accountants about how they fit together.

Need help with your accounting or finance function?

For details on how this applies to your specific situation, please get in touch.

Call WhatsApp Services