Built for Bangalore SaaS, startups, e-commerce, and CA firms — across Koramangala, Indiranagar, HSR Layout, Whitefield, and Electronic City. Karnataka GST (state code 29), recurring billing, and zero-rated export invoicing. Free plan available.
From SaaS recurring billing to zero-rated export invoicing — every Bangalore business covered.
State code 29 is applied automatically to every Bangalore GSTIN. Intra-state (CGST + SGST) and inter-state (IGST) classification handled by place-of-supply rules.
Set up recurring invoices on monthly, quarterly, or annual cycles — each one raised on schedule with the right GST, HSN/SAC, and place-of-supply. The kind of repeat billing a SaaS or services business runs, on India-compliant invoices.
Software exports from Bangalore can be raised as zero-rated supplies. GSTR-1 automatically routes zero-rated invoices to the correct exports table, and bank statement import matches the eventual receipt against the invoice at reconciliation.
Ask "What is my cash position?" or "Which customers are overdue?" and get the answer from your books in plain English — no report to build. Handy for a Bangalore founder short on accounting time.
Built for how Bangalore companies actually run.
Bangalore startups operate distributed teams from day one. Cloud accounting from any laptop — not "the machine in the office with Tally on it" — is non-negotiable.
SaaS and IT services are service businesses. SAC codes, B2B service GST, zero-rated export invoicing, and recurring billing are first-class — not tacked on for "Indian compliance".
Fundraising means someone asks for numbers on short notice. Double-entry books, a full audit trail, and one-click export to Excel or Tally XML mean the picture is ready when the investor email arrives — plus an AI assistant that answers questions about your books in plain language.
Bangalore is India's densest concentration of SaaS, IT services, and consumer-internet companies. The accounting needs of these businesses differ from a Mumbai wholesale trader or a Surat manufacturer — recurring revenue accounting, bank reconciliation for export receipts, zero-rated export invoicing, and the cash-flow sensitivity of an early-stage company that has not raised its next round.
ReadyBooks.ai covers these out of the box. Recurring invoices bill a subscription on schedule with the correct GST. Export invoices are raised in INR as zero-rated supplies and routed correctly to GSTR-1, and the eventual bank receipt is matched against the invoice at the reconciliation step, so you review the exceptions instead of chasing every payment by hand. Startup founders get this without paying for an enterprise tier.
A subscription business in Bangalore typically bills monthly, quarterly, or annually. Set up a recurring invoice once and ReadyBooks.ai raises each cycle on schedule with the correct GST. Each invoice flows into GSTR-1 in the period it was issued (not the period it was paid), and the receipt-date drives bank reconciliation — so the timing lines up with how GST actually works.
When a plan changes mid-cycle, raise a credit note against the old invoice and a fresh invoice for the new plan — both carry the right GST and both flow into GSTR-1, keeping the customer ledger correct. (ReadyBooks.ai does not compute subscription proration for you today; the credit-note-and-reinvoice steps are manual.)
For B2B customers in India, the SAC code for software subscriptions is typically 998314 (online information / software). For B2C customers, the same SAC applies. For business customers in another state (intra-India), the GST is IGST. For consumers in another country, the supply is zero-rated under LUT or eligible for IGST refund.
Most software exports from Bangalore are zero-rated supplies under Section 16(1) of the IGST Act. The exporter has two options under GST law: pay IGST upfront and claim a refund later, or file a Letter of Undertaking (LUT) via GST RFD-11 to ship without IGST payment. The vast majority pick the LUT route because the refund cycle is slow.
In ReadyBooks.ai, an export invoice is raised as a zero-rated supply, and GSTR-1 automatically routes it to the exports table — no manual re-classification at filing time.
Once the buyer pays, the receipt lands in your bank statement. ReadyBooks.ai's bank statement import (CSV/XLSX) matches that receipt against the original export invoice at the reconciliation step, so you're clearing an exception list, not starting from a blank spreadsheet.
Export invoices raised as zero-rated supplies, routed correctly to the GSTR-1 exports table. Bank receipts matched against invoices automatically at reconciliation, so it is an exception list, not a spreadsheet.
Multi-client dashboard with per-client GST configuration. SaaS clients get zero-rated export invoicing that routes correctly to GSTR-1; D2C clients get standard GST invoicing, inventory, and bank reconciliation. One platform, distinct workflows handled correctly.