Practicing accountants and tax agents in Sri Lanka manage dozens of corporate and individual files at once. Every client brings a different file format: handwritten receipt books, bank PDFs, or WhatsApp photos of deposit slips. When the RAMIS deadline arrives, matching what the client paid against what the firm processed turns into midnight reconciliation.
This note is about client record organization and firm accounting. MyTracksy Tax is an on-device and signed-in practice workspace for Sri Lankan accountants. It does not file directly with the Inland Revenue Department, generate IRD assessment notices, or move client money.
Key friction points in Sri Lankan practice firms
- Client advances for stamp duty or court filing mixed with professional fee retainers.
- WHT and AIT credit slips from withholding agents arriving months after payment.
- Tracking work-in-progress (WIP) across multiple client accounts without double-entry errors.
- Providing clients with clean, professional ledger summaries that prevent billing disputes.
A clean firm record rhythm
- Open a client file in MyTracksy Tax with their registered TIN and contact person.
- Log fee notes and out-of-pocket disbursements as separate transaction classes.
- Snap photographs of bank slips and payment vouchers when the payment is confirmed.
- Produce monthly ledger exports on Pro to share with the client prior to final sign-off.
MyTracksy Tax Free provides unlimited client ledger entries, fee logging, and CSV exports. Pro adds multi-client management, auditor export packages, and advanced P&L forecasting. Try the public MyTracksy Tax demo before opening an account.
MyTracksy Tax is a record-keeping workspace. It does not provide formal tax rulings or file IRD returns. Practitioners must verify tax computations in accordance with the Inland Revenue Act No. 24 of 2017 (as amended).