Your analysts reconcile foreign receipts in Excel, client by client, every month. Lumeo's engine does it in seconds, for all of them, and hands your team review-ready output.
Built and in testing with a Big-Four-tier professional-services firm.
The RBI's Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026 come into force on 1 October 2026. Service exporters must furnish an Export Declaration Form within 30 days from the end of the month of invoicing. One form can cover a month of exports. The earlier EDF waiver is discontinued.
For a firm, that means every international-earning client acquires a recurring monthly reconciliation between invoices raised and proceeds realised. Multiply by your client count.
1 Oct 2026
Regulations in force
30 days
To file, from the end of the month of invoicing
Monthly
Per service-exporting client, every month
Notification No. FEMA 23(R)/2026-RB dated 13 January 2026. Lumeo prepares the reconciliation the declaration is built from. Your Authorised Dealer remains the specified authority for service exports.
A firm with a thousand international-earning clients processes thousands of inward remittances a year. Each one needs matching to an invoice, a FIRA on file, correct GST treatment, and a place in the client's return.
Today that runs on junior staff, spreadsheets, and quarter-end panic. It caps how many international clients a partner can take on, and it puts your most error-prone work in the hands of your least experienced people. Lumeo removes the cap.
You serve foreign accounting firms and businesses, and you are paid in USD, GBP or EUR. Your clients file abroad, so your Indian compliance load sits on your own inflows, at company volume. That is the loop Lumeo automates first.
You file for Indian clients who earn from abroad: freelancers, consultants, agencies, exporters. Both halves apply. Lumeo runs the compliance loop for each of those clients, and for your own foreign receipts as well.
You run several entities, bill across borders, and reconcile between them. The same engine, applied per entity, with the audit trail your reviewers already expect.
Every inflow matched to its invoice across PayPal, Wise, Payoneer, Stripe, marketplace payouts and bank wires, with rail fees, FX spread and correspondent charges accounted for separately. What lands in the account never equals what was invoiced. Lumeo reconstructs the difference and shows the working.
Foreign Inward Remittance Advice captured and stored against the matching invoice, so the proof that money legally entered India as export earnings sits where your reviewer expects it, not in an inbox.
Export of services tagged zero-rated against a valid LUT, with the invoice-to-remittance link that a refund claim depends on.
Quarterly liability calculated per client as income lands, with the reserve tracked across the June, September, December and March instalments rather than discovered in March.
Returns prefilled and routed to the correct form by eligibility, based on each client's foreign-income profile. Your team reviews. Filing routes through a registered ERI partner.
One engine. Every client. Same output format, every month.
Lumeo reconciles, documents, calculates and prefills. Nothing is filed without your review. Returns route to the department through a registered ERI partner, and your firm keeps the professional relationship and the sign-off. We are software under your process, not a substitute for it.
Every reconciliation, document and calculation is recorded with a timestamp and the input it derived from. Reconstruct any figure back to the remittance it came from.
DSC-based signing infrastructure for documents that need a signature that stands up.
Data separated per firm and per client, enforced at the data layer rather than the application layer.
TLS in transit, AES-256 at rest.
Client data stored and processed in India.
Export or delete at any time. No lock-in.
We are pre-certification. Security architecture and controls are documented and we will walk your team through them.
A one-time setup fee. An engineer deploys with your team, maps your existing filing workflow, and wires the API into it. Scoped to your firm's complexity, so a single-office practice and a multi-entity group are not quoted the same.
After setup, you pay per API call. Costs track the compliance work you actually process, so they rise with your international client base rather than with your headcount. A quiet quarter costs less than a busy one.
We scope both on the first call, once we've seen your client mix, your volumes and your filing workflow.
No. It changes what you can take on. The October regulations add a monthly touchpoint per service-exporting client. Doing that by hand caps your international book at whatever your junior staff can process. Automating it removes the cap and leaves the review, the advice and the relationship with you.
Your firm reviews and signs. Lumeo prepares. Filing routes through a registered ERI partner. We do not file in our own right.
Less than you'd expect. A forward-deployed engineer maps your existing filing workflow and wires the API to it. We fit your process rather than asking you to adopt ours.
Yes. Most firms start with the international-earning clients of one partner or one office, then widen.
Alongside it. Practice tools handle tasks, deadlines and documents. None of them reconcile cross-border receipts. Lumeo does that one thing and hands the output to whatever you already run.
