For SaaS & Tech
Built for the way SaaS sells.
Subscription billing, export of services under LUT with FIRC matching, 194-O on marketplace fees and revenue recognition aligned to Ind AS 115.
What SaaS finance teams need
The workflows generic accounting tools miss.
SaaS finance has its own grammar: subscriptions, MRR, deferred revenue, foreign-currency receipts and exports. Built in, not bolted on.
Subscription billing
Monthly, annual and custom-period invoicing. Proration on plan changes, dunning on failed cards, GST on each cycle.
Export of services
LUT (Letter of Undertaking) tracking, zero-rated invoices, FIRC matching against bank receipts.
Multi-currency invoicing
Invoice in USD, EUR, GBP, AUD. Receipt in INR after FX conversion. Gain/loss auto-posted.
194-O on marketplace
TDS at 1% on gross marketplace flows. Auto-deduction at the line item, quarterly return drafted from data.
Deferred revenue
Annual prepaid contracts recognised over the period. Ind AS 115 and ASC 606 schedules per contract.
MRR and ARR live
Revenue, churn, retention and pipeline live from the operating ledger. Drill from any KPI to the source contract.
Export of services
Foreign invoices, zero-rated under LUT.
LUT validity tracked per FY with renewal reminders. Foreign-currency invoices issued zero-rated. FIRC and BRC metadata captured at the receipt. Export realisation reconciled against the FEMA window.
- LUT validity tracked per FY with renewal alerts
- Foreign-currency invoices issued zero-rated against the LUT
- FIRC and BRC matched against bank receipts at realisation
- Rebate route (IGST paid on exports, refund tracked) supported for groups that prefer it
What SaaS teams see
The numbers, after switching.
Export-of-services accuracy under LUT
Median monthly close
Subscription invoice generation
MRR / ARR / churn dashboards
SaaS FAQ
What SaaS finance teams ask before they switch.
Does this replace Chargebee or Stripe Billing?
For most India-based SaaS at $0 to $50M ARR, yes. Chargebee covers global subscription billing well but has thin India compliance. OneFinOps covers exports under LUT, GSTR-1/2B/3B, TDS and Indian e-invoicing natively. For deeper enterprise subscription analytics (RevRec automation at scale, complex pricing), Chargebee plus OneFinOps is a common combo via API.
How does revenue recognition work?
Annual prepaid contracts auto-defer with a recognition schedule. Ind AS 115 and ASC 606 compliant. Standalone selling prices configurable per SKU. Performance obligations tracked per contract. Manual adjustments for one-off recognition events supported.
How are foreign customers handled for GST?
Foreign customer invoices are issued zero-rated under your LUT. Place of supply is determined from the billing address per Section 13 of the IGST Act, with the right export-of-services treatment applied. LUT validity is tracked per FY with renewal reminders, and FIRCs are matched against bank receipts at realisation.
What about FIRCs and the FEMA window?
LUT validity tracked per FY with alerts when expiring. Export invoices issued zero-rated under LUT. Bank-realised foreign currency matched against the export invoice via FIRC. If realisation falls outside the FEMA window, the export benefit reversal is computed. The rebate route (IGST paid on exports, refund tracked) is also supported for groups that prefer it.
Multi-currency receipts and FX gain or loss?
Invoices in any currency, receipts in any currency, conversion at the receipt rate posts FX gain or loss to your chart of accounts. Month-end revaluation of open items at closing rate. Multi-bank, multi-currency bank reconciliation.
194-O on marketplace flows?
If you sell on marketplaces (Amazon, Flipkart) the 1% TDS at source under 194-O is auto-applied. The marketplace deducts; OneFinOps tracks the deduction, reconciles against the marketplace settlement and ensures it shows on your 26AS / TRACES. 194-O for SaaS customers paying via marketplace facilitators is handled the same way.
See it on your subscription stack.
A 30-minute walkthrough on your subscription billing, export volume and revenue recognition. Or skip the call and start free.