Telecom Accounting Services

Telecom sector has always presented evolving business and accounting issues as technological convergence continues rapidly with internet, fixed, mobile, VAS, sharing of facilities, etc. High capital intensity and accounting in different packages and ERP systems has increased the challenges of accountants.

Accuracy in data and reporting has gained paramount importance as regulatory authorities like TRAI are demanding high level of compliance and periodical MIS. TRAI has published detailed reporting requirements through notification number 16-07/2010-FA.

Indigenous accounting issues, high employee attrition, growing compliance requirements makes it important to have a strong accounting team who understand the importance of accurate accounting and has domain knowledge.

B.C.Shetty & Co.'s team has the expertise and experience in handling accounting and MIS reports in large Telecom companies

Our services in telecom includes

  • Accounting
    • IP activity
    • Fixed Assets
    • Leased Line
    • VAS
    • Agency accounting
  • Reconciliations
    • Vendor statement of accounts with client's books of accounts
    • Ledgers and sub ledgers
    • WIP and capitalization
  • MIS
    • Daily MIS and dashboards like credit / Debit note trackers, invoices, TDS, Reco etc.
    • Month end provisioning and actualization
    • Statutory compliance and reporting to TRAI