Balance

Features: Balance allows users to enter their purchase and sale transaction in data entry screens similar to a manual-billing interface. On each transaction, based on the VAT rules, balance automatically creates the corresponding accounting entries. The built-in VAT intelligence of the software provides a means for small traders and merchants to keep their records VAT compliant, without having to delve into the intricate VAT rules.






Since the Trading-related Accounting entries are automated, users with no initiation into Accountancy can also maintain their own Trading records. Traders, outsourcing their Accountancy to CAs, can continue to do so using the data from the software. On the other hand, businesses handling Accountancy in-house can use the fully featured Double-Entry Accounting system to keep track of their Balance Sheet and Profit-Loss Statements.





Tax invoices, bills of sale, monthly VAT returns and other mandatory documentation can be generated from the software in prescribed formats. The software also provides incisive MIS reports to facilitate smart business decisions, and provides an intuitive user interface with fast data entry options.





The user screens and reports in Balance have a regional language interface thereby further extending the reach of the product. The software is currently available in Kannada and the Hindi version will be launched shortly.