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Ravi Sheth & Co. · Ahmedabad

Dashboard

RS
Financial position
Period: 1 Apr 2025 – 15 Sep 2025 · GSTIN 24AABCL2345R1ZP · Books locked till 31 Aug 2025
Receivables outstanding
₹42,86,500
+6.4% vs Aug · 31 open invoices
Payables due
₹18,62,940
-3.1% vs Aug · ₹4.2L due this week
Cash & bank position
₹27,41,380
+11.2% across 4 accounts
Net profit (Sep MTD)
₹9,18,650
+4.8% margin 17.3%

Revenue vs collections · last 12 months

View P&L
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Peak in March reflects year-end billing of ₹86.4L against AMC renewals. September is part-month (to 15 Sep).

Receivable ageing

Send reminders
Not due ₹18,43,200
1–30 days ₹11,14,600
31–60 days ₹7,28,900
61–90 days ₹3,42,700
Over 90 days ₹2,57,100

Recent invoices

All invoices
InvoiceCustomerAmountStatus
INV-2526-0418Meridian Textiles Pvt Ltd₹4,72,600Paid
INV-2526-0417Sankalp Infra LLP₹8,15,000Partly paid
INV-2526-0416Nandini Dairy Foods₹1,96,350Sent
INV-2526-0415Vraj Polymers₹6,04,800Overdue 42d
INV-2526-0414Deccan Logistics Co.₹2,88,140Paid
INV-2526-0413Kalyani Engineering Works₹3,41,900Draft

P&L snapshot · YTD

Full statement
Line itemFY 25-26 YTDvs LY
Revenue from operations₹3,42,18,400+12.6%
Cost of goods sold₹1,96,54,900+14.1%
Gross profit₹1,45,63,500+10.6%
Employee cost (incl. PF/ESI)₹58,92,300+8.4%
Rent, power & admin₹19,46,120+2.1%
Finance cost₹6,18,740+19.8%
Profit before tax₹61,06,340+13.2%

Compliance calendar

GSTR-1 · Aug 2025Filed
GSTR-3B · Aug 2025Filed
TDS 26Q · Q2 challanDue 7 Oct
PF ECR · Sep 2025Due 15 Oct
GSTR-1 · Sep 2025Opens 1 Oct

Top customers by outstanding

SI
Sankalp Infra LLP₹9,84,200 · 3 invoices
VP
Vraj Polymers₹7,21,600 · overdue 42 days
MT
Meridian Textiles Pvt Ltd₹5,46,900 · 2 invoices
KE
Kalyani Engineering Works₹3,90,400 · retention held

Activity

Audit trail
  • Payment ₹4,72,600 matched to INV-2526-0418 (NEFT, HDFC ••4821)

    Today, 11:42 · auto-reconciled
  • GSTR-2B for Aug 2025 downloaded — 4 invoices mismatched with purchase register

    Yesterday, 18:05 · by Priya Nair
  • Bill BL-0932 from Shreeji Packaging booked — ₹1,18,400 (ITC eligible)

    13 Sep, 16:20 · by Amit Deshmukh
  • Reminder sent to Vraj Polymers for INV-2526-0415 (overdue 42 days)

    12 Sep, 10:00 · automated
  • Books locked for August 2025 by Ravi Sheth

    10 Sep, 09:15
Sales invoices
18 open · ₹42,86,500 outstanding · place of supply defaults to Gujarat (24)
Billed this month
₹31,47,900
+9.1% vs Aug
Overdue
₹13,28,700
-2.4% 9 invoices
Collected (Sep)
₹24,90,150
+14.7% 21 receipts
Avg collection days
38 days
-4 days target 30

All invoices · FY 2025-26

Export to Excel
InvoiceCustomerGSTINDateTaxableCGST+SGST / IGSTTotalStatus
INV-2526-0418
MT
Meridian Textiles Pvt LtdSurat, Gujarat
24AACCM8812K1Z412 Sep 2025 ₹4,00,508₹36,046 + ₹36,046₹4,72,600 Paid
INV-2526-0417
SI
Sankalp Infra LLPAhmedabad, Gujarat
24AAKFS4471P1ZB10 Sep 2025 ₹6,90,678₹62,161 + ₹62,161₹8,15,000 Partly paid
INV-2526-0416
ND
Nandini Dairy FoodsBengaluru, Karnataka
29AABCN9930L1ZQ08 Sep 2025 ₹1,66,398₹29,952 IGST₹1,96,350 Sent
INV-2526-0415
VP
Vraj PolymersVadodara, Gujarat
24AADFV1156H1ZR02 Aug 2025 ₹5,12,542₹46,129 + ₹46,129₹6,04,800 Overdue 42d
INV-2526-0414
DL
Deccan Logistics Co.Pune, Maharashtra
27AAGCD7728M1ZF30 Aug 2025 ₹2,44,186₹43,954 IGST₹2,88,140 Paid
INV-2526-0413
KE
Kalyani Engineering WorksRajkot, Gujarat
24AAECK5540J1ZX28 Aug 2025 ₹2,89,746₹26,077 + ₹26,077₹3,41,900 Draft
INV-2526-0412
HS
Haria Steel TradersBhavnagar, Gujarat
24AAFFH2201N1ZD24 Aug 2025 ₹9,11,864₹82,068 + ₹82,068₹10,76,000 Due in 4d
INV-2526-0411
TS
Tanvi Softech SolutionsHyderabad, Telangana
36AAGCT6614R1ZT19 Aug 2025 ₹3,55,932₹64,068 IGST₹4,20,000 Paid
INV-2526-0410
GA
Gokul Agro ExportsGandhidham, Gujarat
24AAHCG3382B1ZM11 Jul 2025 ₹1,88,983₹17,008 + ₹17,008₹2,23,000 Overdue 66d
INV-2526-0409
AM
Aravali Motors LLPJaipur, Rajasthan
08AAOFA7723C1ZL04 Jul 2025 ₹4,66,102₹83,898 IGST₹5,50,000 Paid

Quick invoice

Use template
Meridian Textiles Pvt Ltd
24AACCM8812K1Z4
15 Sep 2025
Net 30 · due 15 Oct 2025
24 — Gujarat (intra-state)
CGST 9% + SGST 9%
Cotton blended fabric · HSN 5211 · 4,200 mtr @ ₹118.50
₹4,97,700
₹5,87,286
E-invoice IRN will be generated automatically on save — turnover above ₹5 crore threshold.

Ageing by bucket

Statement of accounts
BucketAmountShare
Not due₹18,43,20043%
1–30 days₹11,14,60026%
31–60 days₹7,28,90017%
61–90 days₹3,42,7008%
Over 90 days₹2,57,1006%
₹2,57,100 crossed 90 days. Provision for doubtful debts suggested at 25% for Gokul Agro Exports.
Bills & expenses
7 bills awaiting approval · ₹18,62,940 payable · ITC claimable ₹2,84,610
Bills due (30 days)
₹11,42,380
+5.2% 14 bills
Expense claims
₹1,64,290
-8.6% 23 claims pending
ITC available
₹2,84,610
+3.9% matched in GSTR-2B
TDS deducted (Q2)
₹1,18,450
+2.1% 194C & 194J

Vendor bills

Payment run
Bill no.VendorGSTINDue dateTaxableGSTTotalITCStatus
BL-0932Shreeji Packaging Industries24AAGFS1187E1ZK28 Sep 2025₹1,00,339₹18,061₹1,18,400EligibleApproval pending
BL-0931Anand Transport Carriers24AABFA3390D1ZG25 Sep 2025₹2,46,000₹12,300₹2,58,300RCM 5%Approved
BL-0930Orbit Power Systems Pvt Ltd27AADCO4412Q1ZV22 Sep 2025₹4,15,254₹74,746₹4,90,000EligibleScheduled
BL-0929Pathik Facility Services24AAKCP9021F1ZJ18 Sep 2025₹86,441₹15,559₹1,02,000EligibleOverdue 3d
BL-0928Nirmal Stationers24AACPN5518L1ZA15 Sep 2025₹31,780₹5,720₹37,500Blocked 17(5)Paid
BL-0927Trivedi & Associates (audit)24AAPFT7745C1ZN12 Sep 2025₹1,50,000₹27,000₹1,77,000EligiblePaid
BL-0926Suryodaya Electricals24AAECS2288H1ZP08 Sep 2025₹2,03,390₹36,610₹2,40,000EligiblePart paid
BL-0925Rachana Print House24AAIFR6603M1ZY02 Sep 2025₹64,407₹11,593₹76,000Not in 2BOn hold

Employee expense claims

Approve all
EmployeeCategoryAmountStatus
PN
Priya NairClient visit · Mumbai
Travel & lodging₹28,640Pending
AD
Amit DeshmukhSite audit · Vapi
Conveyance₹6,180Approved
SK
Sneha KulkarniTeam lunch · 12 pax
Staff welfare₹9,450Pending
RJ
Rahul JoshiSoftware licence
Subscriptions₹42,300Reimbursed
MB
Meera BhattCourier & postage
Office admin₹3,720Rejected
VK
Vikram RathodFuel · Sep
Vehicle running₹14,000Pending

Record an expense

HDFC Bank ••4821 — Current
15 Sep 2025
Pathik Facility Services
Housekeeping & security
₹86,441
18% — CGST 9% + SGST 9%
194C — 2% (₹1,729)
₹1,00,271
Monthly housekeeping contract — Sep 2025, Naroda plant
ITC will be provisionally claimed and reversed automatically if the invoice does not appear in GSTR-2B by the next filing cycle.
Banking & reconciliation
4 accounts linked · last feed sync today 09:15 · 12 transactions need review

HDFC Bank ••4821

Current
₹14,86,220
+₹4,72,600 today · book balance ₹14,61,840

Unreconciled: 3 entries · ₹24,380

ICICI Bank ••7730

Current
₹9,12,640
-₹1,18,400 vendor payout · book balance ₹9,12,640

Fully reconciled till 14 Sep 2025

Kotak CC ••5512

Cash credit
-₹3,48,900
-₹62,000 drawn of ₹25,00,000 limit

Interest accrued Sep: ₹31,240 · DP statement due 7 Oct

Bank feed · HDFC ••4821

Reconcile all matched
DateDescriptionReferenceDepositWithdrawalMatch
15 SepNEFT CR MERIDIAN TEXTILESN2512891004₹4,72,600Matched · INV-0418
14 SepRTGS DR ORBIT POWER SYSTEMSR251289771₹4,90,000Matched · BL-0930
13 SepUPI CR SANKALP INFRA LLPUPI/526114/PART₹3,00,000Part payment
12 SepCHQ DR 004512 PATHIK FACILITYCHQ 004512₹1,00,271In clearing
11 SepBANK CHARGES — COLLECTIONSVC/0911₹1,180Unmatched
10 SepNEFT DR SALARY BATCH SEP-1SAL/2509/01₹9,84,500Matched · JV-1188
09 SepNEFT CR TANVI SOFTECH SOLUTIONSN2512780456₹4,20,000Matched · INV-0411
08 SepGST PMT-06 CHALLANCIN HDFC25090812₹2,16,400Matched · GST payable
06 SepIMPS CR UNIDENTIFIED — SHAH RIMPS/525091₹18,200Needs review

Reconciliation summary · 15 Sep 2025

Balance as per bank statement₹14,86,220
Less: cheques issued not presented₹1,00,271
Add: deposits in transit₹18,200
Less: bank charges not booked₹1,180
Less: unidentified credit pending allocation₹18,200
Balance as per books₹14,61,840
Difference₹0 — reconciled

Cash flow · next 30 days

Forecast detail
W1
W2
W3
W4
W5
Expected inflow ₹26.4L against outflow ₹19.8L. Week 5 dips due to the ₹9.8L salary run and GST payment on 20 Oct.
CI
Cash in handPetty cash, Naroda office

₹1,04,500 · last verified 12 Sep 2025 by Meera Bhatt

General ledger
FY 2025-26 · 1,482 journal entries posted · books locked till 31 Aug 2025
Trial balance
₹6,84,12,900
Balanced Dr = Cr
Entries this month
218
+31 14 manual JVs
Suspense balance
₹18,200
1 item unidentified IMPS credit
Locked period
Till 31 Aug
Audit ready by Ravi Sheth

Journal entries · September 2025

Filter by account
DateJV no.AccountNarrationDebitCredit
15 SepJV-1204Bank — HDFC ••4821Receipt against INV-2526-0418₹4,72,600
15 SepJV-1204Sundry debtors — Meridian TextilesReceipt against INV-2526-0418₹4,72,600
14 SepJV-1203Plant & machineryOrbit Power — DG set capitalised₹4,15,254
14 SepJV-1203Input CGST / SGSTITC on capital goods₹74,746
14 SepJV-1203Sundry creditors — Orbit PowerBill BL-0930₹4,90,000
10 SepJV-1188Salaries & wagesSep payroll — 46 employees₹11,24,600
10 SepJV-1188PF payable (employer + employee)EPF 12% contribution₹1,08,900
10 SepJV-1188ESI payableESI 3.25% employer share₹31,200
08 SepJV-1176GST payable — cash ledgerPMT-06 challan, Aug 3B₹2,16,400
06 SepJV-1169Suspense accountIMPS credit pending identification₹18,200

Trial balance extract

Download PDF
Ledger accountGroupDebitCredit
Sundry debtorsCurrent assets₹42,86,500
Bank accountsCurrent assets₹27,41,380
Plant & machinery (net)Fixed assets₹1,68,42,100
Sundry creditorsCurrent liabilities₹18,62,940
Cash credit — KotakShort-term borrowings₹3,48,900
Statutory dues (GST/TDS/PF)Current liabilities₹6,74,280
Share capital & reservesEquity₹2,11,50,000
Revenue from operationsIncome₹3,42,18,400
Direct & indirect expensesExpenses₹2,81,12,060

Post a journal voucher

15 Sep 2025
JV — Adjustment
Depreciation — plant & machinery
₹2,80,700
Accumulated depreciation
₹2,80,700
Depreciation for Sep 2025 — WDV method, Companies Act Sch. II rates
Naroda plant
Ravi Sheth (partner)
Entry is balanced. Posting to a locked period requires the books to be unlocked first.
GST returns
GSTIN 24AABCL2345R1ZP · Gujarat · monthly filer · 2 returns pending action
Output tax (Sep)
₹5,66,620
+7.3% on ₹31.4L taxable
ITC available
₹2,84,610
+3.9% per GSTR-2B
Net payable in cash
₹2,82,010
Due 20 Oct PMT-06
Electronic cash ledger
₹46,900
Credit ledger ₹1,12,400

Filing status · FY 2025-26

Open GST portal log
PeriodReturnDue dateFiled onTaxable valueTaxARNStatus
Sep 2025GSTR-111 Oct 2025₹31,47,900₹5,66,620In preparation
Sep 2025GSTR-3B20 Oct 2025₹31,47,900₹2,82,010Not started
Aug 2025GSTR-111 Sep 202509 Sep 2025₹28,94,300₹5,20,974AA2408251149KFiled
Aug 2025GSTR-3B20 Sep 202508 Sep 2025₹28,94,300₹2,16,400AA2408253387QFiled
Jul 2025GSTR-111 Aug 202510 Aug 2025₹26,18,750₹4,71,375AA2407259912BFiled
Jul 2025GSTR-3B20 Aug 202522 Aug 2025₹26,18,750₹1,98,640AA2407254406DFiled late · ₹1,200 fee
Jun 2025GSTR-111 Jul 202508 Jul 2025₹24,06,400₹4,33,152AA2406255571MFiled
FY 24-25GSTR-9 / 9C31 Dec 2025₹2,96,84,200₹53,43,156Reconciliation open

Tax split · September 2025

HSN summary
HeadOutput taxITCNet payable
CGST₹1,96,140₹1,12,830₹83,310
SGST₹1,96,140₹1,12,830₹83,310
IGST₹1,74,340₹58,950₹1,15,390
Cess
RCM (transport 5%)₹12,300₹12,300₹0
Total₹5,78,920₹2,96,910₹2,82,010
IGST credit of ₹58,950 will be set off against IGST liability first, as required by the utilisation order under s.49A.

GSTR-2B reconciliation

Fix mismatches
Matched with books ₹2,21,996
Value mismatch ₹37,000
Missing in 2B ₹25,614
VendorBook ITCIssue
Rachana Print House₹11,593Not uploaded
Suryodaya Electricals₹36,610Value differs ₹1,400
Nirmal Stationers₹5,720Blocked 17(5)
Anand Transport Carriers₹12,300RCM — self invoice
Reports
Period: 1 Apr 2025 – 15 Sep 2025 · accrual basis · comparatives vs FY 2024-25

Profit & loss

Open
₹61,06,340
+13.2% PBT · margin 17.8%

Monthly, quarterly and YTD views with cost-centre drill-down.

Balance sheet

Open
₹2,84,62,180
+8.9% total assets

Schedule III format, ready for statutory audit.

Cash flow statement

Open
₹18,74,900
+21.4% net operating inflow

Indirect method with working-capital movement.

Profit & loss statement · YTD

Export
ParticularsFY 25-26 YTDFY 24-25 YTDChange
Revenue from operations₹3,42,18,400₹3,03,84,600+12.6%
Other income₹4,12,900₹3,68,200+12.1%
Cost of materials consumed₹1,96,54,900₹1,72,26,400+14.1%
Employee benefit expense₹58,92,300₹54,35,100+8.4%
Finance cost₹6,18,740₹5,16,300+19.8%
Depreciation & amortisation₹14,32,900₹13,88,400+3.2%
Other expenses₹19,46,120₹19,06,100+2.1%
Profit before tax₹61,06,340₹53,94,700+13.2%
Tax expense (25.17%)₹15,36,966₹13,57,736+13.2%
Profit after tax₹45,69,374₹40,36,964+13.2%

Expense composition · YTD

Drill down
Materials & purchases 38%
Salaries, PF & ESI 22%
Rent, power & plant upkeep 14%
Freight & logistics 10%
Professional & audit fees 9%
Travel, admin & misc 7%
Freight rose 2.4 points after the Gandhidham route change in July. Review the Anand Transport contract before renewal on 30 Nov.

Quarterly performance

Compare periods
Q1 24
Q2 24
Q3 24
Q4 24
Q1 25
Q2 25
GM
Gross margin42.6% · target 44%
DS
Debtor days38 days · target 30
CR
Current ratio1.94 · healthy