Home / What it does / Accounts & GST
Accounts & GST
The trial balance actually balances.
Not a summary that looks like accounts. Every sale, purchase, payment, deposit and write-off posts a balanced journal, which is why the returns can be generated rather than assembled.
Why this is unusual in a free app
Most small-business apps keep a cash book and call it accounting. It works until the first time you need a balance sheet, and then somebody re-enters a year into Tally.
Double entry, from the first bill
A sale posts to sales, tax and either cash or receivables. A deposit posts to a liability, not to income. Every entry has two sides and the total of one side equals the other — checked, not assumed.
Returns come out of the books
GSTR-1 and 3B are generated from the journals, not reconstructed from a sales list at the end of the month. Which is why they agree with your P&L, and why a notice is answerable.
Your CA can work with it
Trial balance, ledgers, day book, and export in the shapes a chartered accountant expects. Two-way Tally integration for the ones who will not move, which is most of them and is fine.
In detail
Trial balance, P&L, balance sheet
Real ones, at any date, with drill-down to the entry that caused the number.
GSTR-1, GSTR-3B, GSTR-9
Generated with the HSN summary, B2B and B2C splits, and the annual return reconciled against the monthly ones.
E-invoice and e-way bill
IRN and QR back on the invoice, e-way where the value crosses the threshold, generated from the document rather than retyped on a portal.
GSTR-2B reconciliation
Input credit you are entitled to, separated from input credit your supplier has not filed for — which is the difference between a refund and a demand.
TDS and TCS
Deducted, tracked and reportable.
Cost centres
A second dimension on every posting, so a two-outlet business can see which outlet earns without keeping two sets of books.
Multi-currency
For exporters: foreign currency invoices, revaluation at rate, and gain or loss posted where it belongs.
Fiscal year close
Closing entries, opening balances carried, and last year still readable.
What this will not do
It does not file for you. It produces the return in the shape the portal wants and, where the API allows it, files directly — but the responsibility, the signature and the judgement are yours and your CA's.
And it is not audit software. It keeps books an auditor can audit; it does not do the audit.
One plan. All of it.
Not a tier, not a trial. Start with one spoken sentence and see how far it goes before you decide anything.
One month, everything included. No card to start. Cancel inside the month and you are not billed.