Double-Entry Financial Accounting

Real-time Chart of Accounts, auto journal postings from POS/Purchases, Trial Balance, P&L Statement and Balance Sheet.

ASSET Accounts (5)

₹3,55,200.00

LIABILITY Accounts (3)

₹42,900.00

EQUITY Accounts (2)

₹3,17,000.00

EXPENSE Accounts (5)

₹3,05,600.00

CodeAccount NamePrimary CategorySub-GroupCurrent Ledger Balance (₹)
1001Cash on Hand (Drawer)ASSETCash & Bank₹14,850.00
1002HDFC Current AccountASSETCash & Bank₹1,85,400.00
1003UPI Collections (Razorpay/Paytm)ASSETCash & Bank₹34,200.00
1100Trade Receivables (Customers)ASSETCurrent Assets₹26,500.00
1200Inventory / Stock ValuationASSETCurrent Assets₹94,250.00
2001Trade Payables (Suppliers)LIABILITYCurrent Liabilities₹32,300.00
2101GST Output Tax Payable (CGST+SGST)LIABILITYDuties & Taxes₹6,420.00
2102GST Input Tax Credit (ITC)LIABILITYDuties & Taxes₹4,180.00
3001Owner's Equity CapitalEQUITYCapital₹2,50,000.00
3002Retained EarningsEQUITYReserves₹67,000.00
4001Bakery Retail SalesREVENUEDirect Income₹3,42,800.00
4002Discounts AllowedREVENUEDirect Income-₹4,200.00
5001Product Purchases (COGS)EXPENSECost of Goods Sold₹1,82,400.00
5101Rent ExpenseEXPENSEOperating Expenses₹42,000.00
5102Electricity & UtilitiesEXPENSEOperating Expenses₹16,800.00
5103Salaries & Staff WagesEXPENSEOperating Expenses₹55,000.00
5104Packaging MaterialsEXPENSEOperating Expenses₹9,400.00