One person, a dozen clients and three currencies: an estimate the client accepts online, hours that turn into invoice lines, the 10% TDS a client withheld recorded on the receipt, and USD invoices to overseas clients under LUT.
What you set up
Freelance design & development businesses run on the Growth plan, which turns on 27 modules:
- Invoices & clients
- Retail till & shops
- Reports & books
- AI assistant
- Investments & 80C
- Income tracking
- GST & returns
- TDS returns
- Bank reconciliation
- Recurring rules
- Projects
- Time tracking
- Loyalty programme
- Inventory & stock
- Online store
- Sales & purchase orders
- Couriers & parcels
- Manufacturing
- Fixed assets & depreciation
- Site visits
- Records
- Items catalog
- Forms & lead capture
- QR & tracking
- CRM & deals
- Email & sequences
- Consent & compliance
Turn any of these off if you don't need them - see setting Finocket up for your trade for the two decisions worth getting right on day one.
What you'll do day to day
An estimate the client accepts online
Signed in as the owner, open /invoices. Open an estimate for Vaayu Mobility: the client accepted it from the link, and one tap turns it into the invoice.
Hours that become invoice lines
Signed in as the owner, open /timer. The week's billable hours for Tarangini Fintech, grouped by project, ready to bill from the Unbilled time card.
Paid net of TDS, and still settled
Signed in as the owner, open /invoices. A Kesari Organics invoice paid at 90%: the other 10% is recorded as TDS under 194J, so nothing reads as overdue.
A USD invoice under LUT
Signed in as the owner, open /invoices. The Northwind Studio invoice in USD: export invoice under LUT, with the INR value alongside.
Every rupee clients withheld, for the 26AS check
Signed in as the owner, open /reports/tds-summary. The year's TDS by client and section, and one total to check against Form 26AS before the return.
Which client actually pays
Signed in as the owner, open /projects. Five client projects with their invoices and tool costs: the export design system earns the most per hour.
The CA reads, and cannot change anything
Signed in as the accountant, open /tax/itr-working. Sign in as the CA: the ITR working sheet, marked NOT A RETURN, with every figure pointing back at its row.
A Pune freelance designer who stopped losing the TDS her clients withheld
Before: Estimates in email, hours in a spreadsheet, invoices to Indian and overseas clients in two currencies, and the TDS clients withheld noticed only when the return did not match Form 26AS.
With Finocket: Estimates the client accepts online, a timer that turns hours into invoice lines, every receipt recorded net of TDS, and USD invoices under LUT, all in one book her CA reads from his own login.
(Ishita Kulkarni Design, a demo freelance design & development workspace in Pune, Maharashtra - not a real customer.)
Next
See how Finocket fits your trade for the same use cases with the case study in full, or bring your existing books across if you're switching from another system. Running this on a phone at the counter and a desktop at month-end? See what each device is best for.