Balajii Forex is forex billing and back-office software for Full-Fledged Money Changers and AD Category-II dealers in India. Bill a currency sale, and the stock, the cash ledger, the customer's KYC record and next month's FLM report all update from that one entry.
A money-changing business has a narrow set of jobs that must be done the same way every time. Balajii Forex is built around those jobs, not around a generic accounting ledger.
Purchase and sale bills for individuals and corporates in any currency, with rate, GST and service charge calculated as you enter each line. Bills are numbered safely across counters, so two cashiers never collide.
Per-customer RBI limits are tracked automatically and checked before a bill is saved, so a limit breach is stopped at the counter instead of found in an audit.
ID proof, address proof and other KYC documents are stored against each customer record and are ready to show an auditor or inspector.
Every branch keeps its own foreign currency stock and cash/bank ledger. Inter-branch transfers wait for the receiving branch to accept them, with a full audit trail.
FLM1, FLM8, FLM10 and other FLM reports, plus GSTR-1 and GSTR-3B, are generated from live entries. Cancelled and rejected transactions are excluded automatically.
An optional desktop agent sends the customer their receipt on WhatsApp and prints the bill as soon as the sale is saved.
Many money changers still run on a desktop accounting package at each branch, or on spreadsheets kept beside it. That means a second ledger to reconcile, reports typed up by hand, and branch stock that head office only sees at month-end.
The bill is the ledger entry. There is no end-of-day posting step and no separate register to keep in step with the counter.
Because it is cloud forex software, head office sees every branch's stock and cash as it happens, from any browser.
Each business runs on its own dedicated database. Your transaction data is never shared with another money changer.
Money changer software is the system a licensed money changer uses at the counter and in the back office: billing currency purchases and sales, tracking foreign currency stock, recording customer KYC, and producing regulatory returns. Balajii Forex covers all of these from one set of entries.
It is built for RBI-licensed businesses that buy and sell foreign currency notes, mainly Full-Fledged Money Changers (FFMCs) and AD Category-II dealers, from a single counter to many branches.
FLM1, FLM8, FLM10 and other FLM reports, plus GSTR-1 and GSTR-3B, all built from live sale, purchase and transfer entries. Cancelled and rejected transactions are left out automatically.
No. Balajii Forex runs in the browser. The only optional install is the small WhatsApp and print agent for branches that want receipts sent and bills printed automatically.