Specialized accounting, GST & compliance expertise tailored to your sector
⭐ The Best Accounting Firm in BangaloreTap any industry below for detailed information on our specialized services
Specialized accounting & compliance for technology companies
The IT and software sector in Bangalore — India's Silicon Valley — has unique financial and compliance needs. From export of services and LUT filing to ESOP accounting and transfer pricing, LPS provides end-to-end financial support tailored for IT companies, SaaS startups, and software service providers.
Filing Letter of Undertaking annually so you can export software services without paying GST, and claiming ITC refunds on inputs.
Structuring and accounting for Employee Stock Option Plans, including perquisite valuation and deferred tax treatment for eligible startups.
Documentation and compliance for transactions with foreign parent companies or subsidiaries, including TP study and Form 3CEB.
Support for Software Technology Park of India registration and SEZ unit compliance, including periodic reporting.
Complete payroll management for engineers and remote teams, including EPF, ESI, professional tax, and TDS on salary.
Correct accounting treatment of software development costs, R&D expenditure, and intangible asset capitalization.
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Complete GST, TCS & accounting for online sellers
E-commerce businesses face complex compliance — mandatory GST registration, TCS reconciliation, marketplace settlements, and multi-state operations. LPS helps online sellers, D2C brands, and marketplace vendors stay fully compliant while focusing on growth.
E-commerce sellers must register for GST regardless of turnover. We handle registration across all states you sell in.
Reconciling Tax Collected at Source by marketplaces like Amazon and Flipkart with your GST returns and books.
Accurate accounting of marketplace payouts, commissions, fees, returns, and reimbursements.
Managing GST registration and filing across multiple states where you hold inventory or fulfil orders.
Tracking inventory across warehouses and fulfilment centres, with correct cost of goods sold calculation.
ITR filing and channel-wise profitability analysis to understand which products and platforms perform best.
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Project accounting, RERA & GST compliance for builders
Real estate businesses deal with project-based accounting, GST on under-construction property, RERA financial compliance, and significant TDS obligations. LPS provides specialized support for builders, developers, brokers, and property investors.
Maintaining separate books and cost tracking for each real estate project, with accurate revenue recognition.
Managing 5% GST on under-construction residential property and 1% on affordable housing, with correct ITC treatment.
Supporting RERA requirements including the 70% escrow account management and project financial reporting.
Handling 1% TDS on property purchases under Section 194IA and related Form 26QB compliance.
Accounting and tax treatment for JDAs, including GST implications and capital gains for landowners.
Advising property sellers on capital gains tax, exemptions under Section 54, and reinvestment planning.
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Financial management for clinics, hospitals & practitioners
Healthcare providers — clinics, hospitals, diagnostic centres, and individual practitioners — need accounting that handles exempt and taxable services, professional income, and equipment-heavy operations. LPS offers tailored support for the healthcare sector.
Correctly handling GST — clinical services are exempt while certain non-clinical and cosmetic services are taxable.
ITR filing and presumptive taxation under Section 44ADA for doctors and medical professionals.
Accounting for high-value medical equipment, depreciation, and lease vs purchase decisions.
Payroll management for doctors, nurses, technicians, and support staff with full statutory compliance.
Day-to-day bookkeeping, billing reconciliation, and financial reporting for healthcare establishments.
Personalized tax planning for individual practitioners and partnerships running healthcare practices.
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Cost accounting, inventory & GST for manufacturers
Manufacturing businesses need robust cost accounting, inventory valuation, ITC optimization, and statutory compliance. LPS supports manufacturers with comprehensive financial management from raw material to finished goods.
Detailed cost accounting to determine accurate product costing, margins, and pricing decisions.
Valuation of raw materials, work-in-progress, and finished goods using FIFO or weighted average methods.
Maximizing legitimate Input Tax Credit on raw materials, machinery, and inputs while ensuring compliance.
Managing GST compliance for goods sent for job work, including timelines and documentation.
Statutory audits, factory license compliance, and pollution control board coordination.
Advisory on capital expenditure, machinery purchases, depreciation planning, and working capital management.
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Billing-linked accounting & GST for retail stores
Retail businesses handle high transaction volumes, multiple product categories, and varying GST rates. LPS provides retail-focused accounting that integrates with billing systems and keeps compliance effortless.
Accounting that syncs with your POS and billing system for accurate, real-time financial records.
Handling products across different GST slabs with correct classification and HSN coding.
Stock tracking, valuation, and reorder support across single or multiple retail outlets.
Monthly GSTR-1 and GSTR-3B filing with ITC reconciliation against vendor invoices.
Payroll for store staff including attendance-based wages, incentives, and statutory compliance.
Category-wise and store-wise profitability analysis to optimize product mix and operations.
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Accounting for hotels, restaurants & travel businesses
The hospitality sector — hotels, restaurants, cafes, and travel operators — has specific GST rules, daily revenue cycles, and high staff counts. LPS delivers accounting and compliance built for hospitality businesses.
Managing GST — 5% for restaurants, 12-18% for hotel rooms based on tariff — with correct ITC treatment.
Recording and reconciling daily revenue from rooms, food, beverages, and other services.
Payroll management for hospitality staff including shift workers, with EPF, ESI, and tip handling.
Coordination for FSSAI, trade licenses, fire safety, and other hospitality licenses.
Food and beverage cost analysis, wastage tracking, and margin management for restaurants.
Income tax filing and planning for hospitality businesses across all structures.
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End-to-end financial support from idea to scale
Startups need a financial partner who grows with them — from incorporation and DPIIT recognition to investor reporting and virtual CFO services. LPS is the trusted financial backbone for Bangalore's startup ecosystem.
Complete company or LLP incorporation, plus GST, PAN, TAN, and all initial registrations.
Securing DPIIT recognition to unlock tax holidays under Section 80IAC and other startup benefits.
Part-time CFO support — financial planning, MIS reporting, cash flow management, and strategic advisory.
Preparing financials, cap tables, due diligence documentation, and valuation support for funding rounds.
Designing and accounting for Employee Stock Option Plans to attract and retain talent.
Managing all GST, TDS, ROC, and income tax compliance so founders can focus on building.
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Compliance & accounting for non-profit organizations
NGOs, trusts, and Section 8 companies operate under specialized regulations — 12A and 80G registration, FCRA compliance, and fund utilization reporting. LPS helps non-profits stay compliant so they can focus on their mission.
Registration as a trust, society, or Section 8 company, with guidance on the right structure.
Securing 12A registration for income tax exemption and 80G so donors can claim deductions.
Foreign Contribution Regulation Act registration and compliance for NGOs receiving foreign funds.
Accounting that tracks grant and donation utilization against specific projects and donor requirements.
Statutory audits and annual reporting required for registered non-profit organizations.
Systems for recording donations, issuing receipts, and preparing donor and statutory reports.
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Simple, affordable accounting for independent professionals
Freelancers and independent consultants need straightforward tax filing, GST guidance, and bookkeeping that doesn't get in the way. LPS offers simple, affordable services designed for solo professionals.
Income tax return filing for freelance and consulting income, with all eligible deductions claimed.
Helping eligible freelancers use Section 44ADA to declare 50% of receipts as income with minimal paperwork.
GST registration when turnover crosses the threshold, plus simple monthly or quarterly return filing.
Easy bookkeeping to track income, expenses, and receivables without complexity.
Handling foreign client payments, export of services treatment, and FEMA compliance.
Personalized advice to legally minimize tax and plan advance tax payments.
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