Vouchers and ledgers
Maintain chart-of-account records and record receipts, payments, journals, contra and adjustment entries.
ACCOUNTS, GST & TAXATION
Understand the numbers behind the business.
Handle ledgers, receipts, payments, financial vouchers, GST-oriented transactions, TDS/TCS and financial reports within a double-entry accounting environment.
Double entry GST TDS / TCS Financial reports
Accounting & GST
THE BUSINESS CHALLENGE
Reliable accounts begin with reliable transactions.
An accountant needs to know more than the total billed this month. Receipts may settle several invoices, payments may include an advance and a journal entry may correct a balance without moving cash.
XlinkONE includes ledgers, payment and receipt vouchers, debit and credit notes, contra entries, journals and financial statements. Business transactions feed the appropriate accounting workflows, while tax settings support configured GST and withholding-tax treatment.
WHAT YOU CAN MANAGE
Tools for the work behind accounting & gst.
The important capabilities are the ones that help your team record work consistently and follow what happens next.
Party outstanding
Track customer receivables and supplier payables with bill-related financial records.
GST and withholding taxes
Use configured GST classes and supported TDS/TCS handling where applicable.
Financial statements
Review trial balance, day book, trading, profit and loss and other available financial reports.
A PRACTICAL WORKFLOW
Accounting does not stop at invoice creation.
Follow the work in a clear sequence, with each stage recorded in the appropriate ERP module.
STEP 1
Record the event
Create the invoice, payment, receipt or journal with the appropriate party and ledger context.
STEP 2
Apply accounting rules
Use the configured accounts, taxes and settlement allocation as required.
STEP 3
Review the books
Check balances, outstanding items and period-based financial statements.
IN A REAL BUSINESS
One receipt against more than one sales invoice
A customer pays ₹50,000 after purchasing on several dates. Instead of treating the receipt as an isolated amount, accounts can use supported against-bill allocation to identify which invoices have been settled.
YOUR QUESTIONS
What to know about Accounting & GST.
These answers explain the intended scope. Actual availability depends on your plan, configuration and the deployed ERP version.
Does XlinkONE automatically make a business GST compliant?
No software can guarantee compliance without correct transaction data, tax configuration, review and filing. XlinkONE provides GST-oriented workflows and reports to support that work.
Can accountants pass journal and contra entries?
Yes. The accounting environment includes journal and contra voucher workflows alongside receipts and payments.
WORK WITH XLINKONE
Create Your Workspace Bring accounting & gst into your business workspace.
Explore the available configuration and connect the records your team needs to manage.