Benefits
Why It Matters
The problem
Do you only find out if you made a profit when the CA finishes the books?
Accounts arrive months late
When books are finalised only at year end, every business decision in between is made without knowing actual profit.
Loans wait on statements
Banks and NBFCs ask for a recent P&L and balance sheet. If preparing them takes weeks, the loan or limit increase waits too.
Profitable but short of cash
A business can show a profit on paper and still struggle to pay suppliers. Without a cash flow statement, the reason stays unclear.
How it works
How reports build themselves
1
Record transactions
Bill, buy, receive and pay as usual. Each voucher posts the double-entry accounting automatically.
2
Pick a report and period
Open Trading P&L, Balance Sheet, Cash Flow, Trial Balance or Day Book and choose the date range.
3
Drill into the detail
Go from a total to the ledger behind it, and from the ledger to the individual voucher.
4
Share or export
Download as PDF or Excel and share with your CA, partner or bank.
Capabilities
Every standard report, included
Trading P&L
Gross profit from trading and net profit after expenses for any period. P&L answers: did I make money?
Balance Sheet
Assets, liabilities and capital on a date. It always balances: assets equal liabilities plus capital.
Cash Flow
Where cash came from and where it went, so you can see why profit and bank balance differ.
Trial Balance
All ledger balances with total debits equal to total credits, the check every CA starts with.
Day Book and ledgers
Every voucher entered on a day, and a running statement for any account, customer or supplier.
Cash/Bank and sales reports
Cash/Bank Report, Party-wise Sales, Invoice-wise Sale and Purchase, Party-wise Purchase and Broker Report.
Use cases by industry
Who uses it, and how
Garment retailer applying for a loan
A garment shop owner in Jaipur downloads the latest P&L and Balance Sheet in Excel for the bank the same day the manager asks.
Startup founders
A startup's founders review the Trading P&L and Cash Flow every month to track burn, instead of waiting for the annual audit.
Textile trader with brokers
A textile trader in Surat checks the Broker Report and Party-wise Sales together to see which brokers bring the most profitable customers.
Sweet shop owner
A sweet shop owner opens the Day Book every evening to see each bill and payment made that day, and the Cash/Bank report to check closing cash.
Before vs after
Before hisabkitab, and after
Profit known at year end
P&L available any day
Weeks to prepare statements for the bank
Exported in PDF or Excel in minutes
CA re-entering your data
CA works from the same books
Profit on paper, no cash in hand
Cash Flow shows where the money went
All standard financial reports, Ledger, Day Book, Trial Balance, Trading P&L, Balance Sheet, Cash Flow, Cash/Bank Report, Broker Report, Party-wise and Invoice-wise sales and purchase reports, are available on all three paid plans, starting with Launch (₹2,999/year, exclusive of 18% GST), with PDF and Excel export.
Popular with these industries
Versatile Accounting and Billing Software for Every Sector
FAQs
Which financial reports are included?
Are the reports updated in real time?
What is the difference between P&L and Cash Flow?
Can my CA access the reports?
Can I see reports for more than one company?
Can I compare two periods?
What is the Day Book?
What is a Broker Report?
Do reports follow Indian accounting formats?
Can I ask questions instead of opening reports?
See this month's profit this month
Migrate your books for free and open your P&L, balance sheet and cash flow on day one. Start free or book a demo with our CA-led team.
