Accounting software

Posted from the documents, not typed again

Every sale, purchase, receipt and payment posts to the ledger by itself. There is no journal to write up at the end of the week and no reconciliation between "the billing software" and "the accounts" — because there is one set of records and the accounts are a view of it.

What you get

• Trial balance, with closing stock included or excluded.
• Profit & loss and balance sheet, built from the same walk.
• Party ledgers — what each customer owes and how it aged.
• Day book, cash and bank positions, and a cash forecast.
• Cost centres, where a business needs to split its results.
• An audit view that shows what a figure is made of, down to the document.

Stock is valued FIFO, from your own purchase bills

Closing stock is valued from what you actually paid, oldest first, rather than from a rate typed on the item master. Where a quantity has no purchase behind it the software says so rather than quietly valuing it at a guess.

Reading a supplier's bill from a photo

Point Silver at a supplier's PDF or a photo of the bill and it reads the lines onto a purchase entry for you to check. It runs on your own computer — no key, no account and no upload of your supplier's prices to anybody.

It is still not an accountant

The software prepares and presents; deciding what is right and filing it is your accountant's work. We would rather be useful to them than pretend to replace them.

Questions

Which edition includes accounting?

Silver, at ₹14,000 + GST. Lite and Basic cover billing and inventory.

Do I have to make journal entries?

No. Bills, purchases, receipts and payments post themselves. Journals exist for the adjustments that genuinely need one.

How is closing stock valued?

FIFO, from your own purchase bills — oldest cost first — rather than from a rate typed on the item.

Is Silver a subscription?

Silver renews yearly at ₹3,500 + tax. If you would rather not renew at all, Basic is perpetual and never stops billing — and you can move to it at any time.