The one system your business needs.
Billing, GST, stock, purchase and sales in one open source system. One price per company, every app included, AI on your own key.
- Every app included, one price per company
- GSTR-1/3B, e-invoicing and e-way bills built in
- AI on your own key, or on your own servers
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Fee Billing for CA Firms and Financial Advisors
Fee billing at a CA firm or financial advisory practice is spread across the year: monthly bookkeeping and compliance retainers, annual audit and return-filing fees, and one-off assignments such as a valuation or a loan proposal. The firm that keeps everyone else's books often bills its own clients last. Bills go out in a bunch after the filing season, when clients are least inclined to pay. Many clients are small businesses who settle in pieces. Juniors keep a list of pending fees in Excel, and partners raise the subject only when the client next needs a signature.
Industry Solution
Financial Services
Feature
Invoicing
Why Financial Services teams run Invoicing in OneYukti
The Invoicing app in OneYukti sets up each retainer as recurring billing on a monthly, quarterly or annual cycle, and the invoice is generated automatically when it falls due. Batch invoicing covers the periods when many clients are billed together, for example after a filing deadline. Each client's tax rate and payment terms are held on their profile. Invoices are numbered automatically, use the firm's template, and reach the client by email as a PDF with a payment link.
For a one-off assignment, the fee quote is sent as an estimate and becomes an invoice when the client accepts. Government fees or other costs the firm bears on a client's behalf are logged as billable expenses with the receipt attached, so they are recovered on the client's bill. Clients who pay in pieces have each part payment recorded against the invoice. Reminder emails follow a schedule the firm chooses, and a thank-you message goes out on payment.
Partners can open the ageing report before a client meeting and know exactly what is pending and since when. Revenue reports show fees billed across the year, which makes the lean months between filing seasons visible, and the AI cash flow forecast adds seasonal trend analysis to project collections ahead. Payment history helps decide which clients should be billed in advance. The firm's own billing posts to the general ledger in Yukti like any client's would.
Financial Services challenges that Invoicing solves
Common problems in financial services operations that Invoicing in Yukti addresses
Challenge 1
Bills are raised in bulk after the filing season instead of through the year, so collections lag the work by months
Challenge 2
Pending fees are tracked in an Excel list kept by juniors, and partners raise dues only when a client needs something
Challenge 3
Government fees and other costs settled on a client's behalf are absorbed because nobody adds them to the bill
How Invoicing in Yukti helps Financial Services
What financial services organizations using Yukti get from the app
Benefit 1
Recurring billing generates retainer invoices on their monthly, quarterly or annual cycle without waiting for a billing drive
Benefit 2
Estimates convert to invoices on client acceptance, which suits one-off assignments quoted at a fixed fee
Benefit 3
Ageing reports and payment history tell partners what each client owes before the next meeting or engagement