Online accounting software for small businesses in India
Proper double-entry books without the double entry. Finvosmart posts every invoice, supplier bill, payment and payroll to your ledgers as it happens, so the Trial Balance, Profit & Loss and Balance Sheet are ready whenever you — or your CA — want them.
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Accounting Software at a glance
Entries that post themselves
Issue an invoice and it is booked to Sundry Debtors, Sales and output GST. Supplier bills, expenses, receipts, payments and approved payroll post their own entries, and cancelling a document reverses them.
A ledger for every account
Opening balance, every entry with its running balance, and the closing balance for any period. Open the journal entry behind a line, or the invoice, bill or payroll it came from, and download the ledger as a PDF or CSV.
The reports that matter
A Trial Balance with debit and credit columns, Profit & Loss for any period and a Balance Sheet as at any date — all computed from posted entries.
Bank statements matched
Upload your bank statement as CSV, Excel or OFX. Money in and out is matched to invoices and bills by number and amount, and recorded in one go.
Your CA in the loop
Give your accountant their own login. Send an invoice, bill or journal entry for review, and lock a period once its returns are filed so nothing dated in it can change.
GST and TDS from the same books
GSTR-1 and GSTR-3B are prepared from the entries you posted, supplier invoices are checked against GSTR-2B, and TDS on bills is worked out by section.
Double-entry accounting, done for you
Every transaction in Finvosmart is a balanced journal entry — debits always equal credits. The difference is who makes it. When you issue a GST invoice, Finvosmart posts it for you: the customer (Sundry Debtors) is debited, and Sales and the output CGST and SGST, or IGST, are credited. Record the customer's payment and the receipt is posted to your bank or cash account, with any TDS the customer deducted kept as TDS receivable. Supplier bills, expenses, payments and approved payroll work the same way.
You can still post your own journal entries for everything else — depreciation, provisions, transfers between accounts. Finvosmart only saves an entry that balances, numbers it by financial year, and corrects a posted entry with a reversal rather than an edit, so the audit trail stays complete.
Ledgers you can drill into
Open any account to see its ledger for the period you choose: the opening balance, every entry with the running balance after it, and the closing balance. Each line names the voucher it came from; click through to the journal entry, or to the invoice, supplier bill or payroll behind it.
Ledgers download as PDF or CSV for your auditor. Customer and supplier statements of account — what was billed, what was paid and what is still due — can be viewed on screen, downloaded or emailed straight from Finvosmart.
What you get
- A ready chart of accounts for an Indian business — Cash, Bank, Sundry Debtors and Creditors, input and output GST, TDS receivable and payable, Capital, Sales, Purchases and common expenses — which you can extend.
- Books that follow the Indian financial year, April to March, with vouchers numbered by year.
- Trial Balance, Profit & Loss and Balance Sheet from posted entries, for any period or date.
- Opening balances and unpaid invoices and bills imported from Excel when you start — including what you export from Tally.
- An append-only audit trail of every change to the books, with who made it and when.
- Roles that decide who can post entries, who can only read reports, and who cannot see the accounts at all.
Built for working with your CA
Most small businesses keep their own books and rely on a chartered accountant for review, returns and audit. Finvosmart is designed for that split. Your accountant gets their own login with the Accountant role: they can post vouchers and see every report, but cannot change users or company settings.
Anything you want checked — an invoice, a supplier bill or a journal entry — can be sent for review. Someone other than the sender approves it, asks for changes or rejects it, and the sender is told. Once a month's returns are filed, lock the period so that nothing dated in it can be added, edited or cancelled by mistake.
How it works
Start your trial
Sign up in a minute — your company gets a standard chart of accounts.
Bring your balances
Import opening balances and unpaid invoices and bills from Excel, or add them by hand.
Work as usual
Raise invoices and record bills, payments and payroll — each one posts to the books.
Review and report
Check ledgers and the Trial Balance any time, and share the reports with your CA.
Frequently asked questions
What is double-entry accounting?
Every transaction is recorded in at least two accounts: one is debited and another credited by the same amount, so the books always balance. A ₹11,800 sale including 18% GST, for example, debits the customer by ₹11,800 and credits Sales by ₹10,000 and output GST by ₹1,800. Finvosmart makes these entries for you from your invoices, bills, payments and payroll.
Can I see the ledger of a customer or an expense account?
Yes. Every account has a ledger with the opening balance, each entry and its running balance, and the closing balance for any period. Each line links to its journal entry and to the invoice, bill or payroll it came from, and the ledger downloads as a PDF or CSV.
Does Finvosmart produce a Balance Sheet and Profit & Loss?
Yes — a Profit & Loss for any period and a Balance Sheet as at any date, laid out the way Indian accountants expect, plus a Trial Balance with debit and credit columns. All three come from the entries posted in your books.
Can my accountant use it?
Yes. Invite them with the Accountant role: they can post vouchers and see every financial report, but cannot manage users, roles or company settings. You can send documents to them for review and lock the periods they have signed off.
How do I move my books from Tally or Excel?
Import your account opening balances and the invoices and bills still unpaid from Excel — including what you export from Tally — together with your customers, suppliers and items. Every import is checked and previewed before anything is saved.
How much does it cost?
Plans start at ₹3,999 per month billed annually (₹4,999 billed monthly), with a 7-day free trial and no credit card required.
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Books that keep themselves
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