Accounting and VAT software for service businesses and agencies in Bangladesh
Recurring journals for rent, retainers and subscriptions, expense categories with approval workflows and bulk mark-paid, bank reconciliation, cost centres per project, and trial balance, P&L and balance sheet at any time.
Service businesses have simple books with awkward edges. Revenue is straightforward, but expenses arrive from everywhere, several are recurring, and the VAT position often involves a truncated rate rather than the standard one.
The other recurring irritation is VAT deducted at source. Corporate and government clients withhold, so the amount that reaches the bank is not the amount on the invoice, and treating the difference as an unpaid balance is a common and expensive mistake.
What goes wrong for service businesses
Everyday problems in this trade, from the industry guide.
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Quotations and invoices in Word
Each quotation is a copy of the last one with the client name changed. Numbering breaks, terms differ between staff, and the accepted quote has to be retyped as an invoice with fresh mistakes.
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Retainers billed late or missed
Monthly retainers, hosting fees and maintenance contracts are invoiced when someone remembers. Cash flow suffers, clients pay late because the bill arrived late, and revenue lands in the wrong month.
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Staff expenses on scraps of paper
Transport, client entertainment and small purchases are claimed with receipts in an envelope. Approvals are verbal, reimbursements are delayed, and nobody knows the true cost of a project.
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Payroll and leave in a spreadsheet
Salaries, leave balances and income tax deductions are tracked in Excel by one person. Tax slab changes each financial year are applied by hand and payslips are typed one at a time.
Recurring journals and expense approvals
How Accounting & Mushak VAT handles it.
Recurring journals for rent, retainers and subscriptions, expense categories with approval workflows and bulk mark-paid, bank reconciliation, cost centres per project, and trial balance, P&L and balance sheet at any time.
What you get
The parts of Accounting & Mushak VAT that matter most here.
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Automatic journal entries
Account mapping rules decide which ledger each sale, purchase, stock movement, return, expense or payroll run hits. Accounts staff review postings instead of typing them, and the mapping is editable for your business.
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Party ledger and ageing
See what every customer owes and what every supplier is owed, with aged receivables and payables in buckets. Outstanding balances feed due collection calls and payment reminders.
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Financial statements
Trial balance, profit and loss, balance sheet and cash flow are generated from the ledger for any period you choose. Export them to Excel or PDF for your auditor, your bank or the board.
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VAT registers and return summary
Keep Mushak 6.1 purchase and 6.2 sales registers, then produce a period summary of output VAT, input VAT, net VAT and supplementary duty. Use it to prepare your Mushak 9.1 return or turnover tax return.
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Bank import and reconciliation
Record bank accounts, import statement lines from CSV and match them against payments and receipts. Unmatched items stay visible until someone explains them, and reconciliations are saved per period.
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Cost centres, currency and budgets
Tag income and expenses to cost centres or branches, hold balances in more than one currency and set budgets with budget versus actual and variance reports for each period.
A working day for service businesses
The sequence this trade actually runs, from the industry guide.
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Send a quotation
A new client request becomes a quotation from a template with your standard terms. When accepted it converts to a sales order without retyping.
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Deliver and invoice
The invoice is issued from the order, with Mushak 6.3 where the client needs a tax invoice. Payment by bank or bKash is recorded against it.
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Approve staff expenses
Staff submit expenses by category, managers approve in the workflow, and approved claims are marked paid in bulk and posted to the right cost centre.
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Post recurring entries
Recurring journals for rent, retainers and subscriptions post on schedule, and bank transactions are imported and reconciled against the ledger.
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Run payroll and close the month
Leave and attendance feed payroll, tax is deducted by slab, payslips go out, depreciation runs on assets and the accounting period is locked.
Questions
Answered plainly, including where the answer is no.
How is VAT deducted at source recorded?
The deduction is recorded against the invoice through tax structures and account mapping, so the receivable reduces by the amount withheld and the ledger shows VAT accounted for rather than an unexplained short payment. The Mushak 6.6 certificate comes to you from the client.
Can recurring expenses be automated?
Recurring journals cover regular entries such as rent and subscriptions, and expense categories with approval workflows handle the rest.
See SORS ERP running on your own numbers
A 30-minute demo in Bangla or English, with your products, your VAT setup and your questions.