FINAHQ
For groups running many companies on Tally, SAP, Oracle or QuickBooks. FINAHQ reads each company's books, closes the group and produces the statutory statements. SNR Sons Charitable Trust went from a 15-day close to 2 days.
| TallyPrime | XML interface |
|---|---|
| SAP S/4HANA / ECC | OData (SAP's API) |
| Oracle Fusion | GL Balances API |
| Oracle NetSuite | Standard interfaces |
| Microsoft Dynamics / Navision | Scheduled export |
| QuickBooks | OAuth 2.0 |
| Zoho Books | Scheduled export |
| Written back | Nothing, on any of them |
Every connection is read-only. Exactly how each one is read, and the versions supported: on the integrations page.
The product
Seven screens from FINAHQ and Munshi, from the consolidation workspace to statements ready to file. Shown on Good Group, the demo companies used across this site.
What it does
Framework-level changes — like IFRS 18 (Presentation and Disclosure in Financial Statements, replacing IAS 1) and its Indian equivalent, Ind AS 118 — are managed through amendments to the tool. When a reporting framework moves, the templates, mappings and statements move with it, rather than each group rebuilding its reporting to catch up.
Plan the close, track it and carry each quarter into the next.
Intercompany balances matched and eliminations applied automatically, not reconciled by hand each period.
Consolidate across Tally companies, SAP company codes, Oracle ledgers and QuickBooks entities, with multi-currency translation.
Post and track adjustments above the ledger, with an audit trail.
Schedule III formatting and the notes, produced from approved templates.
The quarterly disclosure your listing requires under SEBI LODR, ready from your close.
Segment disclosures required under IFRS 8, ready from your close.
Ind AS, IFRS and local GAAP side by side.
Excel on the surface, power beneath.
FINAHQ is for finance teams that close more than one company. It connects to each company’s ERP read-only and maps every ledger once to a group chart of accounts. Then it runs the close, intercompany, consolidation and statutory statements on that one set of data. Click any line in a statement and the ledger detail is underneath it.
No data-entry project first. It reads what you already keep.
The last part stays with you on purpose. FINAHQ copies your accounts as they are and keeps your own formulas. A plugged figure is flagged the moment it is read. A difference that won’t reconcile is shown as a difference and parked in a control account, and the close carries on.
Your statements come out in the format you already sign off, as Excel workbooks. Reporting under Ind AS and IFRS? Both sets come from the same mapped ledgers, with no second close.
Veranda, a BSE-listed education group, had tried other tools first:
So, before trying FINAHQ we have tried many other products. I mean it generally it did not work. I mean the expectations we had from the system I mean mostly we were not satisfied from other tools and having those experiences considering FINAHQ that point of time we are very skeptical you know a typical account and mindset.
You don’t have to take our word for it. We will read your own trial balance first, before you sign anything.
FINAHQ is built for groups. If you report on one company there is nothing to consolidate, and FINK is the better fit.
Every connection is read-only, and nothing is written back to any ERP. Your own IT team issues the credential and can revoke it. See all seven systems, with versions, and what IT will ask, answered in full.
There is no price list. The value calculator gives you an indicative price and the benefit for your group, and what it costs lists what moves it. Reading as a group controller or a group CFO? Start there.
Latest change Ind AS 118 and the 2026 amendment rules, worked through before they apply Everything that has changed, and why
Where the days go
How much of the close's effort FINAHQ takes off, on average.
6.4 fewer days on the close, for a 7-person finance team closing 10 companies on TallyPrime.
10.0 days today, 3.6 days with FINAHQ.
| What the close is made of | Days today | Days with FINAHQ | Days saved | What changes |
|---|---|---|---|---|
| Collect trial balances from every company | 1.5 | 0.5 | 1.0 | Nobody exports, emails or pastes a file. Trial balances and entries arrive from each ERP on a schedule, on their own. |
| Clean up and map ledgers to the group format | 1.5 | 0.5 | 1.0 | Nothing to re-map every month. FINAHQ proposes the mapping once from your signed accounts, your team approves it, and only new ledgers ever come back for a decision. |
| Chase companies and teams for schedules and confirmations | 1.0 | 0.4 | 0.6 | The chasing stops being your job. Munshi asks each owner directly for what only they have, follows up on its own, and keeps the approval record your auditors will ask for. |
| Match intercompany balances and agree differences | 1.5 | 0.5 | 1.0 | Your team spends its time agreeing differences, not hunting for them. Balances are matched across companies automatically and listed by counterparty. |
| Eliminations, currency translation and minority interest | 1.0 | 0.3 | 0.7 | Nothing recomputed by hand each period. Eliminations, translation and minority interest run from rules set once and are simply reviewed. |
| Draft balance sheet, P&L and cash flow | 1.0 | 0.2 | 0.8 | Statements are ready in your own format, in Excel, not assembled from scratch. They come straight from your approved Ind AS templates. |
| Prepare notes and disclosures | 1.5 | 0.7 | 0.8 | Most notes fill themselves from ledger and subledger data. What's left has a named owner and a sign-off, not a blank Excel tab. |
| Review, tie-out and audit queries | 1.0 | 0.6 | 0.4 | Audit questions get answered on screen, not chased over email. Every number opens down to company, ledger and entry. |
| Across the whole close | 10.0 | 3.6 | 6.4 | Each component's share of the reference close, multiplied by how much of that component is taken off. Your own team size, company count and systems change it, which is what the calculator is for. |
Proof
FINAHQ impressed us from day one. The implementation was seamless, far faster than we anticipated.
More than 70% off Ind AS statement preparation time
We went from a 15-day close to 2 days. The platform handled our 20+ entities across multiple ERPs with accuracy we hadn't seen before. GL mapping got to 90% on the first run.
15 becomes 2 days
Working days to consolidated numbers
FINAHQ cut our quarterly consolidation effort by more than 75%.
More than 75% off quarterly consolidation effort
Every result here is that customer's own, published with their permission.
Present operating expenses by function and Ind AS 118 asks for the nature amounts in one note. Presenting by nature changes that cost, not the choice.
Ind AS 118 sorts every income and expense into five categories. The rule is about the asset or liability underneath, not the expense itself.
Ind AS 118 applies retrospectively, so FY 2026-27 becomes the restated comparative. What your ledger has to carry before that year begins.
Questions
No. FINAHQ reads your ERPs read-only and does the group reporting on top. Your companies keep running on whatever they run on today.
Every figure traces back to the journal entry it came from. Adjustments are approved entries, never typed over a figure. That trail is what an audit asks for.
The first mapping is onboarding, and FINAHQ does it — that's our heavy lifting, not yours. After that, when a new general ledger account shows up, AI suggests the mapping, close to 90% accurate, and you accept or change each suggestion before it's used.
It is the objection we hear most. Ask for a connectivity test on your own system before you commit: your IT team, your credentials, your data. You will know inside one session, before any onboarding fee.
Yes, including on-premise. The trust page sets out the deployment options.
FINAHQ, Munshi and FINK are all offered by Ananta Technology Services LLP.