# Accounting Software with GST for Indian Businesses | BeatOS ERP > Accounting in BeatOS ERP: ledgers, journals, bank reconciliation, receivables and payables ageing, cost centres, budgets, multi-company books and statements. URL: https://beatoserp.com/beatos/erp/accounts [Home](https://beatoserp.com/beatos) / [BeatOS ERP](https://beatoserp.com/beatos/erp) / Accounts & Finance Accounts & Finance BeatOS ERP # Books that are always up to date. Every sale, purchase, stock movement and payroll run posts to your own chart of accounts as it happens. Banks, receivables, payables, budgets and statements are always current. [Book a free demo](https://beatoserp.com/beatos#demo) See what it covers - Posted as work happens - Bank reconciliation - Several companies Finance today Live Sample data ₹48.6L Receivable ₹31.2L Payable ₹22.9L Bank 41 To reconcile AR Overdue > 60 days 9 customers · ₹ 6.4L Follow up BK HDFC current account 41 statement lines to match Reconcile AP Supplier bills due this week 14 bills · ₹ 8.1L Plan PL P&L · October Closed and locked Closed What it covers ## Full accounting, not a separate package Because selling, buying, stock and payroll live in the same system, the accounts never wait for an import. ### Ledgers and journals Your own chart of accounts, journal entries, contra and opening balances. - Chart of accounts - Journal and contra entries - Recurring entries ### Receivables and payables Invoice-wise outstanding with payment terms, ageing and reminders. - Payment terms - Ageing by due date - Advances adjusted ### Banking Bank statement import and reconciliation, with payments matched to invoices. - Statement import - Reconciliation tool - Cheque and UPI entries ### Cost centres and budgets Profit by branch, department or project, with budgets that warn before overspending. - Cost centres - Accounting dimensions - Budget vs actual ### Several companies More than one company or branch in one system, each with its own books and GSTIN. - Separate books per company - Inter-company entries - Consolidated view ### Statements and closing Trial balance, P&L, balance sheet and cash flow, with period closing and locking. - Financial statements - Period closing - Locked periods How it flows ## How a transaction reaches the books. Nobody re-keys a sale or a bill into accounting. The documents post their own entries. ### Invoice or bill Selling and buying Sales invoices and purchase bills post income, expense, GST and party balances. Who Sales and purchase Updates Ledgers, GST, outstanding ### Stock movement Perpetual inventory Receipts, issues and deliveries post stock value as they happen. Who Stores Updates Stock in hand, cost of goods ### Payment Payment entry Receipts and payments are matched against invoices and bills. Who Accounts Updates Bank, outstanding ### Bank reconciliation Bank statement Statement lines are matched with entries; differences are found the same day. Who Accounts Updates Reconciled bank balance ### Close the period Period closing Review, close and lock the month or year, so past figures cannot change. Who Finance head Updates Statements, locked books Reports ## The reports your CA and your bank ask for. All of them are live, can be filtered by company, branch or cost centre, and export to Excel or PDF. - Trial balance by company or branch - Profit and loss month, quarter, year - Balance sheet with comparisons - Cash flow where money went - Accounts receivable ageing by customer and due date - Accounts payable ageing by supplier - General ledger any account, any period - Budget variance budget vs actual Receivable ageing · sample data As on today | Customer | 0–30 | 31–60 | 60+ | | Patil Infra Projects | ₹ 1,32,160 | — | — | | Shree Traders | ₹ 84,200 | ₹ 46,900 | — | | Om Agencies | — | ₹ 38,000 | ₹ 2,10,400 | | Deccan Structures | ₹ 2,46,000 | — | — | Field apps ## Works with the BeatOS field apps. Field collections, expense claims and invoices raised from visits land in the same books. FAQ ## About Accounts & Finance Tell us how you work today and we will show it set up in BeatOS ERP. [Talk to us →](https://beatoserp.com/beatos#demo) **Can we keep our own chart of accounts?** Yes. We set up your chart of accounts the way your CA wants it, or move it across from Tally. **Can we run more than one company?** Yes. Several companies and branches run in one system, each with its own books, GSTIN and permissions, and reports can combine them. **Does it do bank reconciliation?** Yes. Import the bank statement and match lines with receipts and payments; unmatched lines are shown for action. **Can we lock a closed month?** Yes. Periods can be closed and locked so nobody can change entries in them. **Can our CA work in it?** Yes. Give your CA a login with an accounts role, or export the reports they need to Excel or PDF. BeatOS ERP ## The rest of the ERP, on the same database. ## See your books in BeatOS ERP. Send us your trial balance. We will show it set up, with your banks and outstanding. [Book a free demo](https://beatoserp.com/beatos#demo)[See all of BeatOS ERP](https://beatoserp.com/beatos/erp)