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AskBooks
en
CA Firms · Law Firms · Consultants · IT Services

Your billable hours.
Our books.

Engagement-based billing. Time tracking with rates. Retainer drawdown. WIP aging reports. Built for solo professionals and firms up to 50 partners. Bulk GSTR-1 for clients in 90 seconds.

500+
CA and law firms
87%
Avg realization rate (up from 65%)
30 in 90s
Client GSTR-1s filed
ACTIVE ENGAGEMENTSFY 26-27
Tax audit · Acme Pvt Ltd
42 hrs logged · 60% complete
₹85,000
Statutory audit · Beta Corp
28 hrs · 45% complete
₹40,000
GST advisory · Gamma Foods
12 hrs · Retainer
₹15,000
ITR filing · Delta Ent.
Completed · Invoice raised
₹22,000
87%
Average realization rate after time tracking
Zero
Retainer disputes after client-wise ledgers
30 in 90s
Client GSTR-1s filed in bulk
Auto
TDS 194J on all professional fee invoices

The problems we solve

Where professional firms quietly leak revenue

The pain

Unbilled hours — the silent leak

Junior worked 12 hours on the Acme audit. Logged 8. Billed 6. ₹6,000 leak per junior per month. Multiply by 8 staff and 12 months: ₹5.76 lakh of work done for free. No one knows because no one tracks.

AskBooks fix

Mandatory time entry per engagement. Senior reviews before billing. Realization rate dashboard shows billed vs worked hours per staff, per client. No more forgotten hours.

The pain

Retainer balance confusion

Client Mehta Industries paid ₹5 lakh advance retainer in April. 6 months later, both sides disagree on how much is left. Your accountant says ₹1.8 lakh. Client says ₹2.4 lakh. Relationship strained.

AskBooks fix

Retainer ledger per client. Every engagement drawdown logged against retainer with narration. Monthly client statement auto-emailed. Auto-renew alert when retainer balance falls below threshold.

The pain

30 client GSTR-1s in 3 days

Month-end. 30 client GSTR-1s due. Each takes 30–45 minutes. Some clients send data on day 9. Panic. Late filings. Penalty risk. Your team works weekends every month.

AskBooks fix

Bulk GSTR-1 generated from client books. File 30 returns in 90 seconds. Auto-error checks before filing. Client-wise data collection reminders sent automatically at day 3 before due date.

Features

A practice management system that doubles as your books

Engagement-first design. No double entry.

Engagement billing

Per-matter scope, fee structure, hourly or fixed. Milestone billing. Ad-hoc additions. Invoice raised from engagement with one click. TDS 194J auto-applied on client invoices.

Time tracking

Per-engagement time entries with billable rates. Staff-wise and matter-wise. Realization rate dashboard. Partner review before billing. WIP aging report.

Retainer drawdown

Client retainer ledger with advance balance. Each engagement charged against retainer. Monthly statement auto-emailed. Low-balance alerts and renewal workflow.

WIP reports

Work-in-progress aging by partner, client, engagement. Unbilled WIP at month-end. Days outstanding per matter. Revenue forecast based on WIP pipeline.

Bulk GST filings

GSTR-1, GSTR-3B for 100 clients in bulk. Auto-validation before filing. Client-wise filing status dashboard. Error report with correction guidance.

Engagement letters

Templated engagement letters per service type. E-sign with timestamp. Version history. Auto-archive on project close. ICAI compliance for CA firms.

How it works

How AskBooks works for professional services

01

Engagement created

Engagement letter generated and e-signed. Scope, fee, retainer or milestone billing defined. Staff assigned. Time tracking activated.

02

Time logged daily

Staff log hours per engagement each day. Partner sees WIP in real time. Billable vs non-billable tracked. Realization dashboard updated live.

03

Invoice raised

Partner reviews WIP and approves billing. Invoice generated with GST. TDS 194J noted. Retainer drawdown or fresh payment tracked.

04

Own books close

Firm's own GSTR-1, GSTR-3B, TDS returns filed. Balance sheet ready for partners. Profit per partner computed with time allocation.

Compliance

All the compliance professional firms need

GST 18%, TDS 194J, reverse charge, advance billing — handled.

GST 18% on services
Professional fees attract 18% GST. SAC 998311 for legal, 998212 for accounting. Correct SAC auto-applied per service type.
TDS 194J
10% TDS on professional fees by clients. AskBooks tracks TDS deducted by each client. 26Q reconciliation. Advance tax computation.
Reverse charge (RCM)
Certain legal and professional services attract RCM where recipient pays GST. Auto-identified and posted.
Advance billing GST
GST paid on advance received. Tax liability tracked separately. Adjustment on final invoice. Correct treatment in GSTR-1.
GSTR-1 for the firm
Own firm's GSTR-1 from all client invoices. SAC-wise and GSTIN-wise summary. Auto-generated from invoice data.
TDS on staff salary
Partner and employee salary TDS under Section 192. Monthly computation. Form 24Q. Form 16 at year end in bulk.
PF/ESI for firm staff
Office staff, article clerks — PF and ESI as applicable. Monthly ECR. ESI challan. EPFO inspection records.
ICAI compliance
Engagement letter templates per ICAI guidelines. Fee disclosure, independence check-lists, peer review documentation.

Our realization rate went from 65% to 87% in 3 months. Junior partners can't ‘forget’ to log time anymore. And the retainer ledgers ended every client dispute — when they can see the statement themselves, there's nothing to argue about.

V
CA Vikram Mehta
Managing Partner, Mehta & Associates · Mumbai

Pricing

Plans for every practice size

Solo
₹1,999/mo

Individual CA, advocate, or consultant. Client billing, time tracking, retainer management, own GST filing.

Get started
Most popular
Firm
₹4,999/mo

Firm with up to 10 professionals. Bulk client GSTR filing, WIP reports, engagement letters, payroll.

Get started
Large firm
Custom

Firms with 50+ professionals, multi-office. Dedicated implementation, partner-wise P&L, custom reports.

Get started

FAQ

Frequently asked questions

How is TDS on professional fees handled?

When a client deducts TDS at 10% under Section 194J on your invoice, AskBooks tracks this as advance tax. At year end, TDS credits from all clients are reconciled against your tax liability. The system generates a TDS register per client for easy Form 26AS verification. Advance tax computation is also automated.

Can we manage both our own books and client books in AskBooks?

Yes. AskBooks is multi-entity by design. Your firm's own books (revenue, expenses, payroll, GST) are separate from client books. When you manage a client's books, you access their entity separately. Bulk GSTR filing uses client entity data to file on their behalf.

How does the retainer billing model work?

When a client pays a retainer advance, it is booked as advance from client. Each month, services rendered are invoiced and the amount is adjusted against the retainer balance. The retainer ledger shows the opening balance, monthly drawdowns, and closing balance. This statement is auto-emailed to the client monthly.

Is reverse charge applicable on legal services?

Yes. Legal services provided by an advocate/firm to a business entity (not an individual) attract GST under reverse charge mechanism (RCM). The recipient (your client) pays GST directly to the government. AskBooks correctly handles this — your invoice is raised without GST, and the client is notified of their RCM obligation.

How does bulk GSTR-1 filing work for client books?

AskBooks allows a CA firm to file GSTR-1 for multiple clients from one dashboard. Client GSTIN credentials are stored securely. The system pulls sales data from each client's entity, validates it, and submits to the GST portal. A filing status dashboard shows successful, failed, and pending filings. Error corrections are guided.

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