QuickBooks Accounting
QuickBooks is no longer sold in India. That changes what QuickBooks work means for an Indian business — but not whether we can do it.
Intuit withdrew QuickBooks from India, and since 1 July 2023 Indian subscriptions to QuickBooks Online, QuickBooks Online Accountant and QuickBooks Time are no longer accessible. QuickBooks work therefore falls into two categories: maintaining books on an overseas QuickBooks subscription held by a US, UK or other non-Indian entity, which is unaffected by the withdrawal, and migrating legacy QuickBooks data for Indian entities onto a platform that supports GST and e-invoicing.
What we do on QuickBooks
Two distinct kinds of work, depending on where the entity sits.
- Day-to-day bookkeeping on a US, UK or global QuickBooks Online subscription
- Chart of accounts, class and location setup for meaningful reporting
- Bank feed configuration, rules and reconciliation within QuickBooks
- Accounts payable and receivable processing and month-end close
- Migration of legacy QuickBooks data to Zoho Books, Tally or Xero
- Opening balance validation and historical data verification after migration
The two engagements
Which one applies depends on the entity, not the preference.
Overseas QuickBooks
Books maintained on the subscription held by your non-Indian entity, which the India withdrawal does not affect.
Setup and clean-up
Chart of accounts, classes, locations, bank rules and reconciliation discipline set up so the file produces usable reports.
Migration
Legacy QuickBooks data moved to a platform that supports Indian GST and e-invoicing requirements.
Data validation
Opening balances, control accounts and historical comparatives verified after any migration, before the new system goes live.
Our process
How the work is sequenced.
Access and scoping
Establishing which entity holds the subscription, which framework applies and what state the file is in.
Setup or extraction
Configuring the QuickBooks file, or extracting and mapping data where a migration is required.
Parallel validation
Running one period on both systems, or reconciling migrated balances against the source, before cut-over.
Steady state
Monthly close within QuickBooks, or on the new platform once migration is complete.
What to know before starting
What sets our approach apart.
The India withdrawal is a fact to plan around
An Indian entity cannot run its statutory books on QuickBooks today, so any Indian-facing plan has to start from that rather than work around it.
Migrations fail on opening balances
Transaction history usually transfers acceptably; control accounts, inventory valuation and unreconciled items are what break, and they need checking line by line.
GST drives platform choice
For an Indian entity the deciding factor is which platform handles GST returns and e-invoicing cleanly, not which one has the closest interface to QuickBooks.
QuickBooks Accounting questions answered
What people ask before engaging us.
On QuickBooks, or stuck coming off it?
We will tell you whether your entity can stay on it and, if not, what a clean migration involves.
