Free GST accounting software for small businesses in India
FlipAccounts keeps a proper double-entry set of books online and turns it into GSTR-1 and GSTR-3B summaries, TDS reports, a balance sheet and a P&L your chartered accountant can work from. It is free, with no card and no limits.
What "GST accounting" has to do, and what the software does for you
A GST-registered business in India has three recurring jobs: raise tax invoices with the right CGST, SGST or IGST split, keep input tax credit on purchases straight, and report both in GSTR-1 (outward supplies) and GSTR-3B (the monthly summary and payment) on time. Most small businesses do this from a spreadsheet and a folder of PDFs, then hand the lot to a CA at the end of the month.
FlipAccounts does the bookkeeping underneath those returns. Every invoice, bill, payment and bank line posts a balanced journal entry, so the GST figures are a by-product of the books rather than a separate exercise.
| You do | FlipAccounts does |
|---|---|
| Raise an invoice to a customer | Posts the sale, the receivable and the output GST to the right heads; tracks the invoice until it is paid |
| Record a supplier bill | Posts the expense, the payable and the input tax credit; ages it so you know what is due |
| Upload the bank statement | Reads it (PDF, CSV or Excel), suggests the account for each line from your rules, and books it when you confirm |
| Open Reports at month end | Shows GSTR-1 and GSTR-3B summaries, section-wise TDS, P&L, balance sheet and trial balance for the period |
| Send the books to your CA | One-click export to Tally, QuickBooks or Excel, or give the CA a read-only auditor login |
Built for how Indian small businesses actually work
- Indian chart of accounts out of the box. Input and output GST heads, TDS receivable and payable, PF, ESI, professional tax, duties and taxes, and the usual expense heads, in the April-to-March financial year.
- Export of services handled. Receipts in USD or other currencies from overseas clients are booked at the bank's conversion rate with the foreign amount kept on the line, which is what you need for zero-rated export invoices and FIRC matching.
- Unsecured loans, director salaries, advances. Lender-wise and person-wise balances, so the related-party schedule your CA asks for is a report, not a reconstruction.
- Cash and petty cash. ATM withdrawals go to cash-in-hand; a petty-cash register records what the cash was spent on.
- Posted entries are never edited. Corrections are reversals or voids with a reason, and every change sits in a tamper-evident, hash-chained audit log. That is the standard a tax officer or auditor expects.
Getting started
- Create the company Enter the business name, GSTIN and state. The chart of accounts and the Indian tax rates are set up for you.
- Bring in the opening balances Enter last year's balance sheet as an opening journal, or send it to your accountant to do in the app. Then upload bank statements from the first day of the financial year.
- Work month by month Invoices and bills as they happen, the bank statement once a month, GST summaries from Reports. Anything the app cannot classify waits in a suspense list for you to decide.
Frequently asked questions
Is FlipAccounts really free for GST accounting?
Yes. Core accounting is free with no card, no trial period and no limits on companies, users or transactions. We plan to earn from optional add-ons such as online payment collection, never by locking up your books.
Does it file my GST returns?
It prepares the GSTR-1 and GSTR-3B figures from your invoices and bills. Filing happens on the GST portal, by you or your CA, using those figures.
Can my chartered accountant see my books?
Yes. Add your CA to the company as an accountant, or as a read-only auditor. They see the same live books, the audit trail and the statements pack, and can export to Tally or Excel at any time.
Which bank statements can it read?
CSV and Excel from any bank. PDF statements from HDFC Bank and IDFC FIRST Bank are read directly, line by line, with the running balance checked. Other banks' PDFs are read with AI and then checked the same way.
I already use Tally. Why switch?
You do not have to switch. Many users keep the live books here, where the bank reconciliation and the team access are easier, and export to Tally for the CA at year end.
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Updated October 2026.