Financial Ops for CA, CS & Law Firms.

Client billing with time-tracking, retainer management, TDS receivable tracking, multi-partner profit sharing, trust account compliance, and practice management treasury for professional service firms.

Auto
TDS tracking
Retainer
Management
Partner
Profit sharing
Trust
Account compliance
✗ The Problem

What you're dealing with today

✗Client billing done in Word/Excel - no integration with time tracking or retainer balances
✗TDS receivable tracking is a nightmare - clients deduct TDS but Form 26AS matching is manual and quarterly
✗Retainer advances received but not tracked against deliverables - revenue recognition is guesswork
✗Multi-partner profit distribution requires manual calculation across 15+ parameters
✗Trust/escrow accounts for client funds (especially law firms) have no automated compliance monitoring
✗GST on professional services with reverse charge mechanism and multi-state clients adds complexity
✓ SpacePe Solution

How SpacePe fixes it

✓Integrated billing - link invoices to time entries, fixed fees, or retainer drawdowns with one-click generation
✓Automated TDS receivable tracking with Form 26AS matching, client-wise aging, and certificate collection reminders
✓Retainer ledger per client - track advances, drawdowns, balance, and auto-alert when retainer drops below threshold
✓Configurable partner profit-sharing engine - equity %, lock-step, eat-what-you-kill, or hybrid models with auto-calculation
✓Trust account management with separate ledgers, client-wise tracking, and bar council/ICAI compliance reporting
✓GST with reverse charge, multi-state registration, and automated filing support for professional services

Purpose-built for Professional Services

Not generic finance software. Every feature built around how your industry actually operates.

⏱️

Time-Based Billing

Track billable hours per client, matter, and team member. Generate invoices linking time entries to fee calculations. Support hourly, fixed, and blended rates.

📋

Retainer Management

Client retainer ledger - track advance received, services delivered, balance remaining. Auto-alert at 20% threshold. Drawdown reports per engagement.

📊

TDS Receivable Tracker

Auto-track TDS deducted by clients. Match against Form 26AS quarterly. Generate client-wise aging reports. Auto-send certificate collection reminders.

💰

Partner Profit Engine

Configure profit-sharing - equity-based, seniority lock-step, origination credit, or custom hybrid. Monthly P&L per partner with auto-distribution calculation.

🏛️

Trust Account Compliance

Separate ledgers for client trust funds. Track deposits, disbursements, and interest allocation. Generate compliance reports for ICAI/Bar Council audits.

⚖️

Professional GST Suite

Handle reverse charge on services, multi-state GST registrations, input credit on office expenses, and automated GSTR filing for professional firms.

Step-by-step workflow

1
Log time entries against clients and matters
2
Generate invoices from time logs or retainer drawdown
3
Track TDS deducted by clients against 26AS
4
Process vendor and staff payments
5
Calculate monthly partner profit distribution
6
File GST returns with reverse charge handling
7
Generate trust account compliance reports
"

TDS receivable tracking alone recovered ₹18L in unclaimed credits in the first year. The retainer management saved us from 3 client disputes.

- Managing Partner, CA Firm (50+ staff)

Everything activated for this industry

Invoices
Time Tracking
Tax
Compliance
Analytics
Ledger
Treasury
Approvals
Yes Bank ★
IDFC First Bank ★
RBL Bank ★
SBI
ICICI Bank
Bank of Baroda
PNB
HDFC Bank
Bandhan Bank
AU Small Finance Bank

★ Deep Integration Partners - Direct API connectivity

Get an industry demo for Professional Services

We'll show you exactly how SpacePe works for your specific use case.

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