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Operations · Hyderabad & Visakhapatnam

Finance & Operations — The Full Stack

Bookkeeping, payroll, professional tax, MIS, and Virtual CFO — all under one CA practice. Built for Hyderabad and Visakhapatnam SMEs who need CA-quality oversight, not just data entry.

Code on Wages 2019 compliant · AP & Telangana PT · Section 128 / 44AA books

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Statutory alert — Code on Wages 2019

Many Hyderabad SMEs have CTC structures that keep basic salary below 50% of total remuneration. The Code on Wages 2019 — once notified — will require basic + DA + retaining allowance to be ≥ 50% of total remuneration. EPFO already treats suppressed-basic structures as non-compliant. Employers who restructure proactively avoid PF arrears and audit notices. Our payroll service includes a complimentary CTC compliance review.

The Operations Stack

01

Foundation

Bookkeeping & Accounting

Double-entry books under Section 128 (companies) and Section 44AA (others). Tally / Zoho Books / QuickBooks. GSTR-2B reconciliation from day one. Mid-year transitions: 7–10 working days to take over from last entry.

Section 128 Companies ActSection 44AA IT ActGSTR-2B reconciliation
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02

Payroll

Payroll Processing

Gross-to-net payroll with TDS under Section 192. Code on Wages 2019 compliant CTC structuring — basic salary must be ≥ 50% of total remuneration. PF ECR (UAN/EPS bifurcation), ESIC, professional tax, Form 12BB, Form 16.

Code on Wages 2019 — basic ≥ 50% CTCSection 192 TDSPF ECR, ESIC, Form 16
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03

Statutory Registrations

Professional Tax

Employer and employee professional tax under AP and Telangana PT Acts. AP: Form 1 registration → Form III monthly by 20th. Telangana: tgct.gov.in CTD portal → monthly challan. Section 16(iii) IT Act deduction for employees.

AP PT Act 1987Telangana PT Act 1987Section 16(iii) IT Act deduction
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04

Reporting

MIS & Management Reporting

Monthly MIS pack delivered by the 10th: P&L, cash flow, working capital dashboard, budget vs actuals, and KPI scorecard. Reconciled to books. Commentary on variances. Board-ready.

Delivered by 10th each monthP&L, Cash Flow, WC DashboardBudget vs Actuals
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05

Strategic

Virtual CFO Services

CA as your strategic finance head — cash flow planning, fundraising readiness, investor MIS, banking relationships, and compliance oversight. The judgment layer above operations. Typically ₹25,000–₹75,000/month.

Fund-raise readinessCash flow planningCA judgment — not just reporting
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Frequently Asked

What does "Code on Wages 2019 compliant CTC structuring" mean?

The Code on Wages, 2019 defines "wages" to include basic pay, dearness allowance, and retaining allowance — and mandates that this combined amount must be at least 50% of total remuneration. EPFO treats CTC structures that reduce basic salary below 50% as non-compliant. Restructuring after the Code comes into effect triggers recalculation of PF contributions on the higher base — employers who delayed restructuring face potential arrears and EPFO audit risk.

Can you take over bookkeeping mid-year?

Yes. We take over from the last entry in your existing books, review prior entries for accuracy, and run a GSTR-2A/2B reconciliation from the start of the financial year. Typical mid-year transition is 7–10 working days depending on the volume of transactions.

What is the difference between bookkeeping and Virtual CFO?

Bookkeeping is the operational layer — recording every transaction accurately in compliance with Section 128 or 44AA. Virtual CFO is the strategic layer — interpreting that data to advise on cash flow management, fundraising structure, banking covenants, and board decisions. A growing business typically starts with bookkeeping + MIS, then adds Virtual CFO as financial complexity increases.

Is Professional Tax mandatory in both AP and Telangana?

Yes. Both states have their own Profession Tax Acts (AP PT Act 1987 and Telangana PT Act 1987). Employers must register within 30 days of first employing staff, deduct PT from employee salaries based on income slabs, remit monthly by the 20th (AP) or via monthly challan (Telangana), and file annual returns. Slab varies — in both states it is nil for income up to ₹15,000/month and up to ₹200/month above that.

Hyderabad · Visakhapatnam · Pan-India

The operations stack — not a vendor, a CA partner

Books, payroll, MIS, and CFO advisory — one team, one point of accountability

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