Challenges
The manual work this trade still runs on, what it costs, and what changes.
No single view of which client needs attention this week
- How it is done today
- Partners keep a spreadsheet or a WhatsApp list of clients and ask each one for an update by phone.
- Cost or risk
- A client with a stalled reconciliation or rising receivables is noticed only when a due date is close.
- With Finocket
- The cockpit lists every client workspace you were invited to, ranked by attention, with a health score for each.
Due dates tracked by hand for every client
- How it is done today
- A wall calendar or a shared sheet of GST and TDS dates, updated by an articled assistant each month.
- Cost or risk
- One missed row means a late return for the client.
- With Finocket
- One cross-client calendar reads each client's own GST settings and exports to .ics. ITR dates show as advisory milestones.
Chasing clients for Tally backups and Excel exports
- How it is done today
- Clients email or pen-drive a backup at month end, and staff restore it on a practice machine.
- Cost or risk
- Work waits on the client, and the restored copy is already out of date.
- With Finocket
- A client adds you as a read-only team member, so you read their live books instead of a copy. Hand-to-CA and Tally XML exports are there when you need a file.
Matching purchases against GSTR-2B line by line
- How it is done today
- Download 2B, paste it beside the purchase register in Excel and match with lookups.
- Cost or risk
- Hours per client per month, and an unmatched credit is easy to miss.
- With Finocket
- Purchase reconciliation matches the client's purchases against GSTR-2B and records the action taken on each mismatch.
Preparing GSTR-1 and GSTR-3B one client at a time
- How it is done today
- Open each client's books, export sales and purchases, and build the return data in an offline utility.
- Cost or risk
- The same steps repeated for every client in the last week before the due date.
- With Finocket
- A bulk preparation pack builds GSTR-1 and GSTR-3B data for several clients at once. You still file on the GST portal.
GST notices scattered across email and paper
- How it is done today
- Notices arrive by email or post and are filed in a folder; the reply is drafted from scratch.
- Cost or risk
- A reply deadline can slip when nobody owns the notice.
- With Finocket
- The notice register logs each notice as received, tracks it, and starts a reply draft from the client's own records.
Clients' receivables chased one phone call at a time
- How it is done today
- Staff call or message each client's customers on the client's behalf.
- Cost or risk
- Slow collections at the client mean slow fee payments at the firm.
- With Finocket
- Bulk reminders show a worst-first plan across clients; you approve once, and consent is checked again for each recipient.
The firm's own fee bills are an afterthought
- How it is done today
- Fee invoices are typed in a word processor at the end of an assignment, often weeks late.
- Cost or risk
- Unbilled work and retainers that nobody remembers to raise.
- With Finocket
- Fee invoices and recurring retainers run in the firm's own workspace, each fee line tagged with its assignment. Time tracking is partly there.