Accounting & Bookkeeping in India

Accounting & Bookkeeping Invoice Template for India

Create professional invoices tailored for accounting & bookkeeping businesses in India. Our free invoice generator combines accounting & bookkeeping-specific formatting with India's GST compliance and INR support.

Example Accounting & Bookkeeping invoice for India

An example of what your invoice could look like (sample figures).

India Accounting & Bookkeeping

GSTIN 018-627-703

TAX INVOICE

#INV-9018

Bill to

Sample Client — India

INR
DescriptionQtyUnitAmount
Monthly bookkeeping 4 ₹6,750.00 ₹27,000.00
BAS / GST lodgement 1 ₹5,250.00 ₹5,250.00
Payroll processing 3 ₹6,375.00 ₹19,125.00
Subtotal₹51,375.00
GST 18%₹9,247.50
Total due₹60,622.50

Accounting & Bookkeeping Services in India

Typical accounting & bookkeeping services billed in India:

  • Monthly bookkeeping (India)
  • BAS / GST lodgement (India)
  • Payroll processing (India)
  • Year-end accounts (India)
  • Tax planning advisory (India)

Invoice Requirements in India

India requires these fields on a valid invoice:

  • GST registration required if annual turnover exceeds ₹40 lakhs (₹20 lakhs for services)
  • Include your 15-digit GSTIN on all tax invoices
  • For inter-state sales, charge IGST; for intra-state, charge CGST+SGST equally
  • HSN/SAC codes are mandatory for invoices above ₹50,000

Tax & Currency for India

GST: 18%

Currency: INR (₹)

Business registration: GSTIN

Invoicing Tips for Accounting & Bookkeeping in India

  • Always state the service period (e.g. "BAS Q2 FY2026") on the invoice
  • Fixed-fee packages should list what is excluded (extra bank feeds, catch-up work)
  • Accounting & Bookkeeping businesses in India must include GSTIN on every invoice
  • Charge GST at 18% on accounting & bookkeeping services if registered in India
  • Standard payment terms: 50% upfront, 50% on completion — invoice in INR (₹)

Common Mistakes to Avoid

  • Not specifying the transaction volume included in a fixed package
  • Billing BAS before lodgement confirmation is sent to the client
  • Not including GSTIN on accounting & bookkeeping invoices for India clients
  • Using incorrect currency (must be INR) on cross-border accounting & bookkeeping jobs

Accounting & Bookkeeping Invoicing FAQ — India

What should a accounting & bookkeeping invoice include in India?

A accounting & bookkeeping invoice in India must include: your GSTIN, business details, client information, unique invoice number, date, itemized accounting & bookkeeping services, GST at 18% (if registered), amounts in INR, and payment terms.

What GST rate applies to accounting & bookkeeping services in India?

In India, accounting & bookkeeping services are typically subject to GST at 18%. Registration thresholds vary. Once registered, you must charge GST and show it separately on all invoices.

What payment terms are standard for accounting & bookkeeping in India?

Standard payment terms for accounting & bookkeeping businesses in India are 50% upfront, 50% on completion. The average invoice value in this industry is approximately $4500. Always clearly state your payment terms on every invoice.