Amit Prabhu
Founder, Finconsol
Amit Prabhu leads Finconsol at Aaxonix Tech, a Zoho and NetSuite implementation partner based in Pune, India. He works with multi-company groups and the accountants who serve them on closing many sets of books into one set of group numbers.
How posts here are checked
Finance readers rely on the numbers, so each post goes through the same four checks before and after it is published.
- Every figure is recalculated. Totals, rates and percentages are worked again from the inputs before a post goes live.
- Standards are cited to the paragraph. IFRS and IAS references name the paragraph, with a link to the source.
- Posts are dated, and updates are explained. Each post shows when it was published and updated, with a public note of what changed.
- Product claims are checked against the live product. Anything said about what Finconsol does is tried in the product before it is published.
Posts by Amit Prabhu
Newest first- Statistical accounts and KPIs6 min
Revenue per employee, occupancy and cost per unit: KPIs a group should report every month
Three KPI families that cover most groups, a worked month for two hotels, and the rule that stops a group figure being wrong: add the parts, then divide once.
- Statistical accounts and KPIs10 min
Statistical accounts and KPIs for groups: the complete guide
What a statistical account is, which ones a group should keep, and why a group KPI is built by adding the parts and dividing once. A worked month, what Zoho's pages say, and where Finconsol fits.
- Multi-currency6 min
Exchange rates in Zoho Books: automatic feeds, manual rates and one rate for the group
What Zoho Books does with exchange rates, why ten companies end up with ten rates for one currency, and the short rate sheet a group should publish each month.
- Multi-currency6 min
Multi-currency in Zoho Books is not currency translation: the difference for a group
One invoice revalued in a company's own books, and one whole company translated into the group's currency, are two different jobs. This is what each does, with the same September worked through.
- Multi-currency7 min
A UK parent with US, UAE and Singapore companies on Zoho Books: how the group accounts are built
One worked month for a pound parent with dollar, dirham and Singapore dollar subsidiaries: the translation, the reserve to the pound and the share that belongs to outside owners.
- Budgeting and forecasting6 min
Latest estimate, budget or forecast: what a group should report
Three plans that people use as one word. What each is for, why a group reports the budget and the latest estimate together, and a worked year for five companies.
- Budgeting and forecasting6 min
How to roll up subsidiary budgets into one group budget
One layout, fixed budget rates, matched intercompany lines and the outside owners' share. A worked first quarter for five companies in four currencies.
- Budgeting and forecasting7 min
Zoho Books budget vs actual for a group: what works and what does not
What Zoho's help centre says about budgets and Budget vs Actuals, what it does not describe for a group, and a worked month showing how much of a variance is only the currency.
- Budgeting and forecasting10 min
Group budgeting for multi-company groups: the complete guide
How to build one budget for a group of companies: common layout, fixed budget rates, sales between companies, outside owners, and a latest estimate beside the original.
- Group reporting7 min
Zoho Analytics for group reports: when it is enough and where it stops
Zoho publishes a way to combine several Zoho Books organizations in Zoho Analytics. What it does, where the rates and eliminations come from, and when a group can stop there.
See your group in one picture
Thirty minutes, on a group shaped like yours.