Features of Gen Balance Sheet Software

• The Gen Bal offers a facility of import data directly from Tally 4.5 / 5.4 / 6.3 / 7.2 / 9.0, MS-Excel and from several other software like Busy, NAC, TATA Ex and Focus.
• The user just need to enter the Trial Balance and the Balance Sheet, Profit & Loss Account, Trading Account, Schedules and Lists will get generated.
• Profit & Loss and notes on accounts as per new amended Schedule VI. Auto preparation of balance sheets with and without revise schedule VI.
• The user has an option to import the data through trial balance from various software like Tally, Excel and ERP with help of Gen Bal.
• The Software is inclusive of updated Tax audit report according to Ass. Year 2014-2015. User can import the data of TDS directly in our Gen-BAL software. If you are not using our TDS software then importing data can be functioned through our (import/export) excel sheet option.
• User has facility to input data of two years in balance sheet & P & L at the same time by using this software.
• User can change the format of the Notes’ items in the Accounts.
• The facility of aligning Balance Sheet and Profit & Loss account in Horizontal & Vertical orientation (As per Schedule VI) formats is also available in the software.
• Our Balance Sheet software gives a facility of draw trading account in columnar format with quantitative details.
• The preparation of reports viz. 3CA, 3CB, 3CD with annexures, company auditors report, CARO, notice, director report and notes on accounts are made along with miscellaneous certificates.
• The Defer Tax Liability / Assets as per AS-22 can also be calculated with this software.
• The specimen of qualification in auditor report, notes on accounts and accounting policies are found in the software with cash flow and fund flow (as per AS-3).
• Balance Sheet abstract and annual return of companies are prepared.
• Display of Ratios for Multiple Years with Ratio Formulas and Merge different Trial Balance to single Balance Sheet are also embedded into the Gen-Bal.
• The calculation for depreciation as per IT act and companies act with preparation of fixed asset chart and register are executed in the Gen-Bal software.
• Depreciation Chart as per Schedule II of Companies Act 2013.
• Import -Export Facility in Depreciation Chart.