What we set up
| Need | How we meet it |
|---|---|
| Indian compliance | GST, e-invoicing where applicable, TDS, statutory payroll |
| Group reporting | Chart of accounts mapped to the group, reporting pack in US GAAP or IFRS format |
| Currency | Multi-currency for parent and foreign vendor transactions |
| Intercompany | Monthly intercompany reconciliation and cross-charge process |
| Close | Close calendar aligned to the parent’s timetable |
| Controls | Delegation of authority, segregation of duties, audit trail, ITGC-aware roles |
Why ProLead
ProLead has worked with 40+ Indian subsidiaries of global companies and has extensive US GAAP and IFRS reporting experience. Our leadership holds FCA, CPA (USA), ACCA and CertIFRS credentials. Setting up the entity? Start at startbusinessinindia.com.
Frequently asked questions
Can Zoho Books meet both Indian and group reporting needs?
Yes, for most subsidiaries and GCCs. The chart of accounts follows Indian statutory needs and maps to the group's accounts, so local statements and the parent's reporting pack come from the same ledger. Larger groups may run the parent's ERP instead; we work with that too.
Our parent uses SAP, Oracle or NetSuite. Should the Indian entity use Zoho?
If the parent can extend its ERP to India with local tax support at a sensible cost, that is often simpler. Otherwise Zoho gives Indian compliance at a lower cost, with a monthly reporting pack or file interface to the parent. We help you decide.
Do you also set up the subsidiary itself?
ProLead handles company incorporation, registrations and compliance through startbusinessinindia.com, and offshore finance operations through offshoreaccountinghub.com. NeX sets up the processes and systems.
General information only, not legal, tax or software licensing advice. Zoho features, editions and prices change, so confirm the current position with Zoho or with our team before you commit. See our disclaimer.
