Ledger and controls
Posted journals are never edited; corrections are reversals. Every change is recorded in an edit log that cannot be switched off.
- Schedule III chart of accounts, editable, with sub-accounts
- April to March years, period locks and year-end close
- Tally-style voucher types with keyboard entry
- Recurring and auto-reversing journals, with approval above thresholds
- Branches, cost centres, projects, classes and custom fields
- Multi-currency with realised and unrealised exchange differences
Sales and receivables
From estimate to receipt, with GST computed by place of supply.
- Estimates, sales orders, delivery challans and tax invoices
- Credit and debit notes, recurring invoices and advances with GST
- Price lists with quantity slabs, credit limits and credit hold
- Payment reminders, interest on overdue accounts and customer statements
- Customer portal with invoices, statement and UPI QR
- Receivables ageing and invoice approvals
Purchases and payables
Orders, receipts and bills matched, with input tax credit tracked line by line.
- Purchase orders, goods receipts and bills with three-way match
- ITC eligibility, blocked credits and reverse charge
- Bill inbox with OCR for scanned bills
- Recurring bills and landed cost
- Batch vendor payments and bank bulk-payment files
- MSME payment tracking with interest reports
Banking
Import statements, let rules do the routine matching and reconcile the rest.
- Statement import from CSV, Excel and PDF
- Bank rules, auto-categorisation and match suggestions
- Cheque register, post-dated cheques and cheque printing layouts
- Fund transfers, petty cash and a cash-flow forecast
Inventory and fixed assets
Stock for trading businesses and an asset register with both depreciation methods.
- Items, warehouses, batches, serial numbers and reorder levels
- Stock valuation and movement reports with COGS posting
- Asset register with Companies Act and Income-tax Act depreciation
- Disposal, impairment and revaluation
Reports and group accounts
Statements, a report builder and consolidation for groups of companies.
- Profit and loss, balance sheet, cash flow, trial balance and day book
- Report builder with saved views, exports and scheduled emails
- Budgets by account, cost centre, branch and project
- Inter-company transactions mirrored into the other company
- Consolidated statements with eliminations and minority interest
- Tally XML import and export, and a console for external CAs